Africa

Ethiopia not ready for foreign investment in telecoms, banking: president

Ethiopia is not yet ready for foreign investments in its telecoms and banking sectors, but is interested in developing its manufacturing, Ethiopian President Mulatu Teshome Wirtu said yesterday. “Ethiopia is not ready yet for accepting investments in telecoms and finance,” Mulatu said...

Tuesday, April 24, 2018 - 11:09pm

Rwandans in Mombasa mark Kwibuka24

Over 200 Rwandans living in the Kenyan coastal city of Mombasa over the weekend gathered to mark the 24th commemoration of the 1994 Genocide against the Tutsi. The somber event was presided over by the Rwandan High Commissioner to Kenya, Amb James Kimonyo, and was also graced by Mombasa Deputy...

Tuesday, April 24, 2018 - 1:37am

Kenyans learn how to fight “fake news”

It’s a quiz consisting of 16 questions, querying takers on how to spot fake news or identify unreliable partisan clickbait. Did a Kenyan man drive a tanker to create an artificial watering hole for wild animals? Did another in Kenya’s Rift Valley region pay dowry with bitcoin instead...

Tuesday, April 24, 2018 - 1:17am

Tanzanian premier pledges support to regional parliament

Tanzania’s Prime Minister Majaliwa Kassim Majaliwa on Monday assured the Speaker of the East African Legislative Assembly (EALA), Martin Ngoga, of his government’s support to the Assembly’s work in advancing the six-member bloc’s integration agenda. He made the assurance...

Tuesday, April 24, 2018 - 1:01am

Kwibuka24: Egyptians join Rwandans in commemoration

Members of the Rwandan community in Egypt were on Wednesday joined by Egyptian officials and members of the diplomatic corps accredited to the country to mark the 24th anniversary of the Genocide against the Tutsi. Mourners were mostly Rwandan students in Egypt and diplomats, gathered to...

Monday, April 23, 2018 - 9:45am

Regional culinary competition comes to Kigali

Regional culinary competition, Gorilla Highlands Silverchef, competition will for the first time take place in Kigali, on Saturday April 28, at the Kigali Marriott Hotel, bringing together 16 chefs from Rwanda, Uganda and Congo, Tourism, conservation, media and development professionals from the...

Monday, April 23, 2018 - 8:43am

Self-love – not bans – will bring an end to Africa’s bleaching syndrome

To be black in the world today is to be stigmatised for having dark skin. To be light-skinned, on the other hand, is to be celebrated in line with western beauty standards. Black people not only experience this stigma from outside of their “racial” group. The bias against dark skin has...

Sunday, April 22, 2018 - 12:29am

The hashtag revolution gaining ground

When some 276 teenage girls were kidnapped from their boarding school in northeastern Nigeria in April 2014, Oby Ezekwesili, a civil society activist and former World Bank vice president, was disheartened by the lacklustre response of her government and local television stations. Ms. Ezekwesili...

Saturday, April 21, 2018 - 12:36am

Ethiopia: PM Abiy Ahmed forms new cabinet

Prime Minister Abiy Ahmed has today formed his new cabinet members. The Prime minister presented sixteen names, of which ten are new names for ministerial positions, while the six were recycled from one ministry to another. However, all members of Parliament who were given the chance to ask...

Thursday, April 19, 2018 - 2:10pm

EALA briefed on progress of regional defence pact

The challenges faced during negotiations of the East African Community (EAC) Mutual Defence Pact have all been addressed, the regional parliament heard Wednesday. The Members of the East African Legislative Assembly (EALA), who are in session in the Tanzanian capital Dodoma, were briefed on the...

Thursday, April 19, 2018 - 1:54am

Mnangagwa: New investment law to open economy

Zimbabwe is working on a new investment law to open up the economy to foreign investors, President Emmerson Mnangagwa said on Wednesday. Mnangagwa acknowledged the country had made mistakes and missed on investment opportunities in the recent past. He said the government was preparing a new bill...

Thursday, April 19, 2018 - 12:51am

Summit of U.S military, African land forces open in Nigeria

ABUJA – A conference co-hosted by the U.S. military and aimed at boosting cooperation between military forces of countries fighting extremist groups opened in the Nigerian capital Abuja on Monday. Top military officers from at least 30 African countries and some top military chiefs from the...

Tuesday, April 17, 2018 - 2:01am

UAE ends programme to train Somalia’s military

DUBAI – The United Arab Emirates (UAE) is ending a military training programme in Somalia in response to the seizure of millions of dollars and the temporary holding of a UAE plane by Somali security forces last week. The UAE has trained hundreds of troops since 2014 as part of an effort...

Tuesday, April 17, 2018 - 1:56am

Kenyan banks diversifying revenue streams amid interest rate cap

NAIROBI – Kenyan banks are seeking to diversify their revenue streams amid interest rate caps which have negatively impacted funded income for banks, economic analysts said on Monday. Nairobi-based investment firm Cytonn said that banks are exploring different avenues of revenue generation...

Tuesday, April 17, 2018 - 1:20am

Somalia seeks to mend ties with UAE amid diplomat spat

MOGADISHU– Somalia on Monday hinted it could release the 9.6 million U.S. dollars seized from a plane chartered by United Arab Emirates (UAE) diplomats to transport the cash to Mogadishu, a move that can defuse tension between the two countries. The Somali foreign ministry said it had...

Tuesday, April 17, 2018 - 1:14am

Nurturing young leaders of Africa

Thanks to a unique fellowship at the United Nations Economic Commission for Africa (ECA) as an Ibrahim Leadership Fellow, Marian Yinusa is making an impact in the lives of school-age girls in her birthplace of northern Nigeria. Currently a senior financial economist at the Africa Development Bank...

Tuesday, April 17, 2018 - 12:59am

UAE plane blocked from leaving Somalia’s Puntland region

Somali officials are said to have stopped a plane from the United Arab Emirates from leaving the country after Emirati military trainers on board refused to hand over their luggage to be scanned and searched. The local news website Mareeg reported on Saturday that Somali officials at Bosaso...

Monday, April 16, 2018 - 1:32am

Costly data slows internet TV’s growth in Africa

Global entertainment group Naspers is trying to persuade telecoms operators in Africa to offer customers unlimited data to help boost the growth of internet television on the continent. The high cost of data in Africa has hampered the take up of internet TV, even though the number of internet...

Sunday, April 15, 2018 - 1:11am

The reach of West Africa’s mobile money sector is 13 times wider than local banks

Rapid mobile adoption in West Africa since the turn of the decade has been a boon for the local mobile money industry. As the West Africa mobile economy report by GSMA shows, mobile adoption in West Africa has nearly doubled from 28% at the turn of the decade to 47% last year. Indeed, by the end...

Saturday, April 14, 2018 - 12:46am

South Africans pay tribute to late Winnie Mandela

SOWETO Thousands of South Africans paid tribute on Wednesday to Winnie Madikizela-Mandela at a memorial service in Soweto, the township at the forefront of the battle against apartheid and where she is revered for her role in the struggle. Mourners, many clad in the green and yellow colours of the...

Friday, April 13, 2018 - 12:13am