Africa

Nigeria inflation climbs to 28-year high in March

A store employee standing next to bakery products. By Elisha Bala-GbogboABUJA – Nigeria’s inflation kept climbing in March, reaching a 28-year high of 33.20% in annual terms, driven by soaring…

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Banking group IIF to proceed with annual meeting in earthquake-hit Morocco

Tim Adams, President and CEO of the Institute of International Finance (IIF), attends the 2018 G20 Conference entitled “The G20 Agenda Under the Argentine Presidency”, in Buenos Aires, Argentina, March…

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Counting the cost of contagion fears from Africa coups

FILE PHOTO: Gabon coup leader General Brice Oligui Nguema is sworn in as interim president during his swearing-in ceremony, in Libreville, Gabon, September 4, 2023. REUTERS/Stringer/File PhotoBy Libby George and…

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EFT July 29 – August 4 Edition

Front page of the EFT

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Africa venture capital investments dipped slightly in 2022

A man poses as he displays the Flutterwave homepage on a mobile phone screen in Abuja, Nigeria. REUTERS/Afolabi SotundeWASHINGTON (Reuters) – Venture capital investments in Africa dipped slightly to $6.5…

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Putin emphasises prioritisation of Africa in Moscow plans

Russian President Vladimir PutinBy Khulile ThwalaRussian President Vladimir Putin is aiming to strengthen ties with the African continent as the Kremlin looks to navigate the international sanctions imposed on the…

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Mozambique submits report to exit grey list

The Financial Action Task Force which monitors the flow of money.By Ntombi MhlongoMozambique is making significant efforts to exit the grey list. The country has reportedly submitted its first assessment report…

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African leaders resolute against LGBTQ rights

Kenya President William RutoBy Sifiso SibandzeGenerally, some African leaders are unbendable and they are resolute in denouncing same-sex marriage and they are not showing signs of giving in.This is despite…

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Africa’s Got Talent to unearth hidden gems

Africa’s Got Talent wants to create a platform for the continent’s creatives to show case their abilities and win money in the process. By Bongiwe Zwane-MasekoEswatini will be joining 53…

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African leaders ‘plead poverty’ at COP27

World Leaders met in Egypt at COP27 to discuss climate changeBy Bahle GamaAs the world pushes for a reduction in greenhouse gases and calls for cleaner ways to generate energy,…

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