[ISS] Despite – or is it perhaps because of – increasing volumes of Chinese financing to Africa, that oft-reviled old banker, the International Monetary Fund (IMF), is making a comeback to the continent.
[Leadership] Total debt obligation of Nigeria at both the state and federal level as at June 30, 2018 released by the National Bureau of Statistics (NBS) yesterday showed that the country’s foreign and domestic debts stood at $22.08 billion and N15.63 trillion respectively. The NBS in the Nigeria Domestic and Foreign Debt data released yesterday said total domestic borrowing by states represented N3.48 trillion, of which Lagos accounted for 14.88 per cent of the total domestic debt, while Anambra had the least debt in
THE cars in Lusaka are moving even more slowly than usual: hidden speed cameras have spooked drivers in Zambia’s capital. The government is desperate for cash, so motorists who speed are being fleeced
[Botswana Daily News] Gaborone -President Mokgweetsi Masisi has shot down claims of a widely reported story last week linking the alleged mass slaughtering of close to 90 elephants with the disarmament of the Department of Wildlife and National Parks (DNWP) Anti-poaching Unit.
[Vanguard] Nigerian parents of a 15-year-old boy are facing felony child neglect charges after their son died of starvation while the family was fasting in an alleged religious practice in the United State.
[Nairobi News] President Uhuru Kenyatta returned to the country under the cover of darkness on Sunday amid public uproar over hiked tax on fuel products.
[New Era] SADC chairperson and Namibian President Hage Geingob has invited China and its investment community to fund SADC projects.
[Statistics South Africa] The South African economy slipped into recession during the second quarter of 2018, shrinking by 0,7% quarter-on-quarter (seasonally adjusted and annualised). This followed a revised 2,6% contraction in the first quarter of 2018.
[Nairobi News] A tweet by President Uhuru Kenyatta on China’s $60 billion kitty for development in Africa was met by angry comments from Kenyans.
[Focac] Beijing -South African President Cyril Ramaphosa on Monday dismissed allegations of China practicing colonialism in Africa, saying China instead has been a partner in boosting social and economic development on the continent.