Kenya: Ruto to ask China for $1 billion loan

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  Kenyan President William Ruto will ask China for a $1 billion loan to complete stalled road projects when he travels to Beijing later this month, his deputy Rigathi Gachahua said Friday. Speaking on local radio Inooro FM, Gachahua…

Ghana, IMF agree second loan payment of $600 mn

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Ghana has reached agreement with the International Monetary Fund on the terms for a second payment of $600 million out of its $3-billion credit deal, the IMF said in a statement on Friday. Payment of the second portion of Ghana's loan will…

Réunion de présentation entre le président de l’Union africaine et le nouveau président de la Chambre panafricaine de commerce et d’industrie (PACCI)

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Le 6 octobre, M. Ali Adji Mahamat Seid. M. Ali Adji Mahamat Seid, président de la Chambre de commerce, d'industrie, d'agriculture, des mines et de l'artisanat du Tchad et président en exercice de la Chambre panafricaine de commerce et…

Introduction Meeting Between the African Union Chairperson and Incoming President of the Pan African Chamber of Commerce and Industry (PACCI)

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On October 6th. Mr. Ali Adji Mahamat Seid, President of Chad's Chamber of Commerce, Industry, Agriculture, Mines, and Handicrafts, and the current President of the Pan African Chamber of Commerce and Industry (PACCI) held a meeting with…

Nigeria’s president offers low-income workers a temporary minimum wage increase

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As Nigeria marked its 63rd independence day anniversary on Sunday, President Bola Tinubu offered a temporary minimum wage hike for lower-paid workers. The announcement came just two days before major labour unions are due to begin an indefinite…

Namibia suspends imports of South African chickens due to Avian flu outbreak

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Namibia has suspended imports of chickens and eggs from neighboring South Africa, which is experiencing the most serious outbreak of bird flu in its history, the Namibian government announced on Wednesday (Sep. 28). The decision, with…

Prioritizing African agenda at the UN general Assembly [Business Africa]

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- African Focus at UNGA: Climate, Debt, and the Urgent Call to Action - During a momentous gathering at the recent United Nations General Assembly (UNGA), African nations took center stage. Their unwavering demand for fair representation…

Algerian Airlines Starts First Direct Flight to Ethiopia

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Addis Ababa, September 22/2023(ENA) Algerian Airlines has begun its first direct flight to the Ethiopian capital Addis Ababa today. The new flight from Algiers-Houari Boumédiène to the Addis Ababa Bole International Airport has brought…

Earthquake in Morocco devastates country’s cultural heritage

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Earthquake in Morocco devastates country's cultural heritage At least 27 historic sites in the Marrakesh region were destroyed or damaged by the earthquake that killed more than 2,900 people. Cracked fortifications, collapsed mosques…

Earthquake in Morocco: many houses were not insured

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Earthquake in Morocco: many houses were not insured The gap between the damage caused by the deadly earthquake in Morocco and the property actually insured risks being considerable, with many houses not being covered, reinsurer Scor ruled…