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Kenya forecasts economy to grow by 7 pct in 2021

Kenya's economy is expected to grow by 7.0 percent in 2021 on account of the resumption of international trade, strategic investments in the country's...

Morocco air traffic controllers threaten partial strike

Moroccan ground-based air traffic controllers have announced a 15 day partial strike set for Wednesday, October 30. In a statement posted on the Airports National...

South Africa’s Eskom resumes power cuts

South Africa’s power utility Eskom resumed nationwide power cuts on Monday, cutting up to 1,000 megawatts (MW) from the grid due to unplanned breakdowns...

Nigerian banks suspend ATM, PoS transactions abroad

Banks based in Nigeria have suspended the use of their Automated Teller Machine (ATM) cards (debit and credit) outside the country. Bank customers, as of...

Zambia mining group: China-Africa expo already yielding good results

A Zambia-based mining body has lauded China for investing in China-Africa Economic and Trade Expo, saying that the fair is already producing desired results...

South Africa to reallocate $3.5B of budget to revive economy

South African President Cyril Ramaphosa announced a raft of policy reform plans on Friday, including re-prioritising 50 billion rand ($3.5 billion) of public spending...

World Bank signs $150 million agreement with Rwanda for skills development

The World Bank and Rwanda on Wednesday signed a 150-million-U.S. dollar financing agreement to help the country achieve skills development in selected economic sectors. The...

S. Africa sets up national economic recovery council

South African Cabinet has approved the establishment of the National Economic Recovery Council which president Cyril Ramaphosa will chair, Minister in the Presidency Jackson...

Nigeria, the world’s 2nd internet addicted nation after Brazil.

A global survey by a leading consulting firm has found Brazilians spend more time online than anyone else in the world. CCTV Africa’s Paul...