Nigeria is grappling with increasing economic difficulties as numerous large manufacturers reveal plans to leave the country. This is worsening the nation’s financial instability and sparking worries about future investment …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
South Africa’s Ramaphosa Re-Elected as ANC Strikes Coalition Deal
President Cyril Ramaphosa has won re-election as the leader of South Africa after the African National Congress (ANC) reached a successful coalition agreement. The announcement of the deal on Wednesday …
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AfricaAFRICA NEWSRWANDARwanda Daily
Rwanda Publishes List of Presidential Candidates with Only Three Names Retained
Rwanda’s National Electoral Commission (NEC) has released the final list of presidential candidates for the upcoming election. The publication shows that only three candidates have been selected from the original …
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President Paul Kagame dissolved Rwanda’s Lower House of Parliament, causing a significant impact on the country’s political scene. The announcement came through an official statement from the Office of the …
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AfricaAFRICA NEWSBusiness Policies
NCAA to Penalize Airline Owners, Operators for Flying into Restricted Areas
The Nigerian Civil Aviation Authority (NCAA) has introduced severe penalties for airline owners and operators who enter restricted areas without permission. This initiative aims to improve airspace safety and enforce …
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Ghana is bracing for a three-week power outage following a significant reduction in gas supply from Nigeria, exacerbating the country’s ongoing energy crisis. The Ghana Grid Company (GRIDCo) announced that …
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Rwanda has welcomed 113 new refugees from Libya as part of an ongoing humanitarian effort to provide safe haven for those fleeing conflict and dire conditions. The latest group arrived …
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AfricaAFRICA NEWSCryptocurrency
Cryptocurrencies Fall as Investors Await Fed Decision, Bitcoin Dips Below $67,000
The cryptocurrency market experienced a notable decline today as investors braced for the upcoming Federal Reserve decision on interest rates. Bitcoin, the leading cryptocurrency, dipped below the $67,000 mark, reflecting …
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The Central Bank of Kenya (CBK) has announced a groundbreaking initiative to issue licenses to fintech firms, marking a significant step towards enhancing the regulatory framework and fostering innovation in …
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AfricaAFRICA NEWSCryptocurrency
South African Retailer Accepting Bitcoin Sees Significant Increase in Sales
A top South African retailer has seen a notable rise in sales since starting to allow Bitcoin (BTC) as a payment option. This decision, made to align with the increasing …