Addis Ababa, Ethiopia | Xinhua | The Ethiopia Ministry of Trade and Regional Integration (MoTRI) has announced a decision to hike gas prices by 16 percent starting Sunday. The ministry said in a press statement released Saturday evening that the price hike would see gas prices rise from 31.74 Ethiopian …
Read More »African lobbies launch campaign to track expenditure of climate finance
Nairobi, Kenya | Xinhua | African campaigners on Friday launched an initiative to track the expenditure of climate finance in the continent. Charles Mwangi, head of programs and research at the Pan African Climate Justice Alliance (PACJA) told journalists in Nairobi, Kenya’s capital, that the ‘Follow the Money’ campaign will …
Read More »East African Community steps up readiness for health emergency response
Dar es Salaam, Tanzania | Xinhua | The East African Community (EAC) secretariat on Friday held the first simulation exercise since the onset of the COVID-19 pandemic in order to strengthen preparedness and bolster response to future public health emergencies in member states. A statement issued by the EAC headquarters …
Read More »Nigerian Airlines to shutdown and stop flying as fuel reaches 95% of operating costs
Abuja, Nigeria | airspace-africa | The fuel crisis in Nigeria’s aviation industry has become untenable. In a letter penned by the President of the Airline Operators of Nigeria(AON), Abdulmunaf Yunusa Sarina, and sent to the Minister of Aviation, Senator Hadi Sirika, airline industry operators have signaled their intent to down tools …
Read More »South Sudan kicks off plans to nationalize oil industry
Juba, South Sudan | Xinhua | South Sudan said Friday it has kicked off plans to nationalize the country’s oil industry in the next five years. Awou Daniel Chuang, Undersecretary in the Ministry of Petroleum told journalists in Juba, the capital of South Sudan, that the ministry has started the process …
Read More »Ukraine crisis affects E. Africa’s food security: WFP
Overlapping food crisis risks in the region come at a time when most countries are facing increased fiscal imbalances and rising public debt pressure Addis Ababa, Ethiopia | Xinhua | The ongoing Ukraine crisis is negatively affecting East Africa’s food security through reduced food supplies, accessibility and high prices of food, …
Read More »Sanlam and Allianz join forces to create African insurance giant
Cape Town, South Africa | THE INDEPENDENT | Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, have agreed to combine their current and future operations across Africa to create the largest Pan-African …
Read More »AU forces foil attack on military base in central Somalia
Mogadishu, Somalia | Xinhua | African Union Transition Mission in Somalia (ATMIS) repulsed a deadly pre-dawn attack by the al-Shabab militant group on its military camp in the central Somalia town of El Baraf, local security officials confirmed Tuesday. The local security officials told Radio Mogadishu that two loud explosions hit …
Read More »African scientists say green future at stake amid deforestation
Nairobi, Kenya | Xinhua | The loss of forest cover in Africa, escalated by climatic shocks, poor land-use practices and urbanization could slow down the continent’s transition to a green and resilient future, scientists said on Monday. Speaking at a virtual forum from Nairobi, the Kenyan capital, to coincide with the …
Read More »Africa travel trade show kicks off in Durban
Johannesburg, S.A. | Xinhua | Africa’s Travel Indaba, the continent’s premier travel trade show, kicked off in Durban, South Africa, on Monday. South African Deputy Minister of Tourism Fish Mahlalela said that despite the COVID-19 setbacks, tourism has shown resilience and is recovering. Africa’s Travel Indaba is the trade show that …
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