Business Affairss

Nigerian Authorities Call For Calm as Citizens Protest Cash, Fuel Shortages

Nigerian Central Bank authorities are calling for calm as citizens march in the streets protesting cash and fuel shortages days ahead of the February 10 deadline when the country will switch to redesigned currency. Protesters asked authorities Friday t...

Will rising insecurity erase West Africa’s economic development gains?

As West Africa enters 2023, the region faces a new period of instability following recent coups d’état in Burkina Faso, Guinea, and Mali. These coups are occurring amid continuous conflict in the Sahel region, where violence displaced more than 2.5 mil...

Record Botswana diamond sales in 2022

GABORONE— Sales of diamonds from Botswana reached record levels last year due to Western buyers shunning Russian stones and steady global demand for diamond jewellery.Botswana generates almost a third of its revenue and around 70% of its foreign exchan...

Nigeria extends deadline to exchange old cash

ABUJA— Nigeria’s central bank has extended the deadline to exchange old banknotes for redesigned ones.There have been long queues at some banks as Nigerians have struggled to meet the original deadline of Tuesday.People now have until Feb 10 to do the ...

Attendance Increased 35% at Five Schools in Gokwe North, Zimbabwe – Find Out Why

For the last five years, Rise Against Hunger has worked with our partner ADRA International to address food insecurity in Gokwe North, Zimbabwe. What began as emergency school feeding evolved into a sustainable agriculture project as communities in Gok...

South Africa gets 280 mn euros in EU grants for green transition

PRETORIA— The European Union announced it would invest more than 280 million euros in grants in South Africa to help the country green its coal-dependent economy.The money will “support policy reforms on green recovery, unlock green investments and bui...

Italy Signs $8 Billion Gas Deal With Libya As It Seeks To Cut Russian Dependence

Italy’s state-run energy company ENI has signed an $8 billion deal with Libya’s National Oil Corporation to develop two Libyan offshore gas fields as European nations seek to cut their dependence on Russian energy.ENI will help develop two offshore fie...

Minister Blade Nzimande: Launch of 3D Construction Printing for Sustainable Human Settlements Project

Address by the Minister of Higher Education, Science and Innovation, Dr Blade Nzimande, MP, on the occasion of the launch of the 3D Construction Printing for sustainable human settlements project at the university of JohannesburgProgramme director; Dr ...

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World’s Largest Conference on Women Calls for Equality amid Gender Backlash

New York: Gender equality is a critical goal at a time when the demand for rights faces a global backlash, top UN officials told thousands of diplomats, business and civil society delegates gathered at UN Headquarters in New York on Monday for the wor...
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Future Bodes Well for EU, Ethiopia to Further Boost Cooperation: EU Ambassador

Brussels: The future boded well for the EU and Ethiopia to further enhance their cooperation as Ethiopia continues to be one of EU's most important partners on the African continent, EU Ambassador Sofie From-Emmesberger said. According to Ethiopian ...

Ethiopia and Israel Commit to Strengthening Diplomatic and Economic Ties

Addis Ababa: Ethiopia and Israel have pledged to enhance their diplomatic and economic relations following a meeting between Ethiopia's Minister of Foreign Affairs, Gedion Timothewos, and the Israeli Ambassador to Ethiopia, Avraham Neguise. The discus...

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Mainstream Foundation Launches Gardening Project at ChefuzweKPA Woos DR Congo To Use Port Of Mombasa

Katima Mulilo — The Mainstream Foundation, in collaboration with Gem Diamonds Namibia, inaugurated a vegetable garden project at Chefuzwe in the Katima Rural Constituency. The foundation, established in 2008 by parents of children with disabilities, cu...

Chinese Stock Market Sees Mixed Results with AI Healthcare and Robotics Leading Gains

Beijing: Chinese stocks closed mixed on Thursday, with the benchmark Shanghai Composite Index slightly declining by 0.02 percent to settle at 3,350.78 points, while the Shenzhen Component Index experienced a rise of 0.2 percent, closing at 10,794.55 p...