Economy

Since President Muhammadu Buhari came to power in Nigeria in 2015, anti-corruption has been at the heart of his administration. However, a lot of effort is focused on grand corruption…
May 01, 2020
South Africa begins to gradually loosen its strict coronavirus lockdown on Friday, allowing some industries to reopen after five weeks of restrictions that plunged its struggling economy deeper into turmoil.…
On 20 May 2020, Burundians head to the polls to elect a new president. Incumbent Pierre Nkurunziza has promised to step aside after 15 years in office. The ruling party…
Apr 29, 2020
Nigeria’s President Muhammadu Buhari is seeking approval to borrow 850 billion naira ($2.36 billion) from the domestic capital markets to fund the 2020 budget, according to a request read in…
The curve of the coronavirus pandemic started to bend upwards in Africa only recently – just as the curve in the 10 most-affected countries around the world was flattening. Policymakers…
Apr 28, 2020
The Lagos State Government has shortlisted 10 firms from the 32 respondents to the expression of interest that applied for the construction of the Fourth Mainland Bridge. The firms include…
South Africans “celebrate” Freedom Day through gritted teeth, with a wry smile and an acute sense of irony, this year. Many, if not most, will be lamenting the loss of…
Apr 27, 2020
Kenya’s president extended a nationwide night-time curfew by 21 days and said people won’t be able to enter or exit the capital and some coastal areas for a similar period.…
Apr 24, 2020
South Africa’s President Cyril Ramaphosa said on Thursday the government will allow a partial reopening of the economy on May 1, with travel restrictions eased and some industries allowed to…
Apr 22, 2020
South Africa’s President Cyril Ramaphosa announced an R500 billion ($26bn) stimulus package to deal with the devasting economic impact of COVID-19 and a 35-day lockdown. He said the money would come from its…
Apr 20, 2020
Zimbabwe’s President Emmerson Mnangagwa on Sunday extended a lockdown to contain the spread of the new coronavirus by two weeks, but will allow mining companies to get back to work.…
Apr 19, 2020
Lesotho's embattled prime minister has announced that he has sent troops onto the streets to "restore order", accusing unnamed law enforcement agencies of undermining democracy. Prime Minister Thomas Thabane is…
Apr 17, 2020
Africa was supposed to be China’s new stomping grounds. Instead, the novel coronavirus has spawned a growing backlash that threatens to unwind the ties Beijing has carefully cultivated over decades.…
Apr 16, 2020
Zimbabwe's Government has started disbursing money to vulnerable groups that were affected by the 21-day lockdown, with the first beneficiaries in Harare and Bulawayo receiving their payouts yesterday. The Ministry…
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