Business

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...

Embassies Warn of New Violence in South Sudan Ahead of Pope Visit

The embassies of Britain, Norway, and the United States have expressed grave concerns about possible new fighting in South Sudan's Upper Nile State. The warning by the so-called Troika Embassies comes just days ahead of Pope Francis' first visit to Sou...

US Demands Sudan Reverse Ruling That Freed Man Convicted in Envoy’s Killing

The United States on Thursday called on the Sudanese government to reverse a decision this week to release a Sudanese man facing the death penalty in the killing of a U.S. diplomat in 2008.Abdelraouf Abuzeid was found guilty, along with others, in the ...

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 ...

S. African President Says Electricity Crisis Continues To Undermine Economic Growth

JOHANNESBURG– South African President, Cyril Ramaphosa, said yesterday that, the electricity crisis in the country, continues to undermine economic growth and investment.“Load shedding damages businesses, disrupts households, compromises the provision ...

Nigeria’s Central Bank Deploys 30,000 Agents in Final Recall of Old Currency

The Central Bank of Nigeria has mobilized 30,000 agents nationwide to help the vulnerable and those living in remote areas exchange their cash for the nation’s new currency. The bank has also extended the deadline for exchanging old bills by 10 days, s...

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...

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Seedlings Planted at Sikosinyana School to Honour Nujoma

Sikosinyana: In adherence to the Namibian government's call to actively promote tree planting this month to honour the legacy of late Founding President Sam Nujoma, the Sikosinyana Senior Secondary School in the Zambezi Region on Monday planted 12 see...
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Inflation Rate Drops to 3.6 Per Cent in April 2025

Windhoek: Namibia's annual inflation rate for April 2025 stood at 3.6 per cent, a decrease from the 4.8 per cent recorded in April 2024. According to Namibia Press Agency, this information was detailed in the Namibia Consumer Price Index (NCPI) for A...

Nangombe Admits Electrification Progress Slow

Ondangwa: The implementation of Namibia's electrification project is moving at a snail's pace, according to Ben Nangombe, the Executive Director of the Ministry of Mines, Energy and Industry. Nangombe said this on Tuesday during an electricity acceler...

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Over 850 jobs expected from Arandis charcoal

Over 850 indirect jobs are envisaged to be generated through the Green Charcoal Namibia (GCN) factory in Arandis in the fields of production, transport, machinery manufacturing, engineering and export. The N.dollars 60 million investment, which wa...

Myanmar Reportedly Jailed Malaysia-bound Rohingya Refugees for Traveling ‘Without Official Documents’

A military-backed court in Myanmar has reportedly sentenced 112 Rohingya Muslim refugees to jail terms after they were caught traveling outside refugee camps, as the entire group was on its way to Malaysia.The state-run Global New Light of Myanmar repo...

Nouna Hosts Mini Fair of Agro-Sylvo-Pastoral Products Organized by Women’s Union

Nouna - On Sunday, November 5, 2023, the Women's Union for the Development of Kossi, in collaboration with Mercy Corps and the United Nations Peacebuilding Fund (UNPBF), hosted a mini fair featuring agro-sylvo-pastoral products in Nouna. The event also...