[This Day] Nigeria’s oil revenue is likely to decline by between 70 per cent and 80 per cent this year, representing between $15 billion and $17 billion, the Chief Executive Officer of Financial Derivatives Company Limited and a member of President Muhammadu Buhari’s Economic Advisory Council, Mr. Bismarck Rewane, has predicted.
[Namibian] FOUNDING president Sam Shafiishuna Nujoma marks his 91st birthday on Tuesday, and because of the Covid-19 outbreak he is celebrating it with only a few relatives and close friends to avoid mass gatherings.
[New Zimbabwe] THE Harare City Council Saturday took advantage of the lockdown period to destroy thousands of roadside market stalls in Mbare and Chishawasha areas.
[Africa CDC] Addis Ababa -The African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA), in partnership with the Africa Centers for Disease Control and Prevention (Africa CDC), today announced a series of emergency interventions to respond rapidly to gaps in the supply and policy for food and critical medical resources needed to combat the COVID-19 pandemic in Africa.
[Zimbabwe Standard] Government has imposed one of its ailing parastatals, NetOne, to exclusively manage the transfer of millions of dollars meant to cushion vulnerable populations against the effects of the coronavirus pandemic, it has emerged.But some of the beneficiaries have vowed to resist the move, preferring to use their Ecocash accounts.
[East African] South Sudan’s new unity government will soon have to appoint state governors to avoid an implosion over the distribution of posts.
[Nation] The Gabonese capital, Libreville, will be put under lockdown for 15 days effective from April 12 and “will be renewed if need be” as part of a raft of measures to curb spread of the coronavirus, Covid-19 pandemic in the country, the government announced Friday.
[263Chat] Zimbabwe doctors have asked government to provide them and other frontline medical practitioners with personal protective equipment (PPE) and to adequately equip public hospitals to protect them from the deadly coronavirus as they execute their duties and help slow the spread of the epidemic.
[VOA] Addis Ababa -With the African Union now predicting the continent’s economy will contract by 0.8 percent this year, African finance ministers are scheduled to meet via video conference on Thursday to discuss ways countries can mitigate a looming economic disaster.
[Premium Times] African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.