Kampala, Uganda | THE INDEPENDENT | United Bank for Africa has extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC). The lender will operate under the Category 4 license and will be regulated by the Dubai Financial Services …
Read More »Kenya lowers cost of maize flour amid hunger crisis
Nairobi, Kenya | Xinhua | Kenyan President Uhuru Kenyatta said Wednesday his government has reduced the price of maize flour by half, to cushion citizens from acute food insecurity linked to prolonged drought and the skyrocketing cost of fuel. Kenyatta said that a two-kg packet of maize flour would be retailing …
Read More »Nigeria transforms state-run oil corporation into independent firm
Abuja, Nigeria | Xinhua | Nigeria has transformed the state-run Nigerian National Petroleum Corporation (NNPC) into an independent and limited liability firm, about 45 years after the creation of the national oil corporation. The move is part of the ongoing reform of the country’s oil industry, heralded by the Petroleum Industry …
Read More »Pass to Greater Prosperity: Advancing financial security and well-being across Africa through digital inclusion
Mastercard’s Farm Pass transforming lives of farmers in Uganda Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic threw the world into disarray, but in Africa, life continues: Farmers farm, merchants sell, people apply for capital to create jobs and improve livelihoods, and a heightened need for access to healthcare underpins …
Read More »Algeria to become key supplier of gas to Italy
Algiers, Algeria | Xinhua | Gas supplies from Algeria to Italy will increase in the coming years, Italian Prime Minister Mario Draghi said on Monday, following his meeting with Algerian President Abdelmadjid Tebboune in Algiers. The gas deal was one in a series of agreements the two politicians agreed to sign …
Read More »Human Rights Watch, M23 rebels feud over civilian killings in Rutshuru
Kampala, Uganda | THE INDEPENDENT | The M23 rebels are feuding with an international human rights NGO, Human Rights Watch over the killing of civilians in the Democratic Republic of Congo eastern territory of Rutshuru. M23 rebels have been battling with the Armed Forces of the Democratic Republic of the Congo …
Read More »UN chief calls for action to honor Nelson Mandela’s legacy
United Nations | Xinhua | United Nations Secretary-General Antonio Guterres on Monday described Nelson Mandela as a “moral compass,” calling for honoring the former South African president’s legacy by taking action. “Nelson Mandela was a healer of communities and a mentor to generations,” Guterres said in his message to mark the …
Read More »Ghana confirms first two cases of Marburg virus disease
Accra, Ghana | Xinhua | Ghana has confirmed the country’s first two cases of Marburg virus disease (MVD), the Ghana Health Service (GHS) has said. The confirmation came after samples from suspected infected individuals sent to the Institute Pasteur in Dakar (IPD) tested positive for MVD, the GHS said in a …
Read More »Sudan reopens border crossing with Ethiopia to resolve disputes
Khartoum, Sudan | Xinhua | Sudan decided on Sunday to open the Galabat crossing on the border with Ethiopia in an effort to build confidence and resolve disputes between the two countries. “As part of the endeavors by the leadership in the two countries to address the border issues, the security …
Read More »AU launches early warning platform to tackle insecurity
Lusaka, Zambia | Xinhua | The African Union (AU) on Saturday launched an early warning platform aimed at preventing conflicts and promoting peace on the continent. The Inter-Regional Knowledge Exchange on Early Warning and Conflict Prevention (I-RECKE) will play a crucial role in preventing conflicts on the continent and will also …
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