Grace Ossongo – Yaounde, Cameroon One indication is rising as the world economy descends into yet another crisis: the US dollar’s worth seems to keep rising. Due to the fact that over half of all international trade is invoiced in US dollars, consumers using dollars to pay for imports all across the world, including in […]
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Grace Ossongo – Yaounde, Cameroon More than 300 people will die from Nigeria’s worst floods in ten years, including at least 20 this week, according to authorities, who claim that the situation is “beyond our control.” According to Nigeria’s National Emergency Management Agency, half a million people have been impacted by the floods in 27 […]
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Renson Mwakandana Following a public uproar, Tanzania 🇹🇿 decided to withdraw the charges on electronic transactions that went into effect on August 15 on Tuesday. According to Finance and Planning Minister Mwigulu Nchemba, the tariffs would be eliminated on October 1. The changes made, according to him, are to cancel the levies for transferring money […]
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Renson Mwakandana An Ebola outbreak has been verified in central Uganda 🇺🇬 with the death of a 24-year-old infected male. According to the health minister, the victim showed signs of the illness before passing away. He was a local of Ngabano village in Mubende district, which is around 147 kilometers (91 miles) from Kampala, the […]
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Renson Mwakandana The European Union Parliament’s resolution urging Tanzania and Uganda to halt the development of their oil and gas projects in the East African area has been denounced by the Ugandan parliament. The resolution, according to Uganda’s deputy speaker Thomas Tayebwa, is based on a deliberate distortion of important facts about the preservation of the environment […]
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Grace Ossongo – Yaounde, Cameroon As Africa’s first cannabis-targeted special purpose acquisition company, or SPAC, Cilo Cybin Holdings has been given permission to list on the Johannesburg Stock Exchange. Through an IPO that will not be open until November, the company hopes to raise $115 million for the production of medicinal cannabis. Cilo Cybin Holdings, […]
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Grace Ossongo – Yaounde, Cameroon Following the publication of the US Department of Agriculture’s monthly World Agricultural Supply and Demand Estimates, experts at the International Food Policy Research Institute or the IFPRI warned that African countries must upgrade their transnational transport infrastructure or risk remaining vulnerable to shocks in global food supply chains. In the […]
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Renson Mwakandana Uganda’s parliament attended a special session to honor Queen Elizabeth II, who passed away on Thursday in Scotland. The prime minister made the proposal, which was discussed for two hours. The Queen made her first trip to Uganda in 1954, and her latest official trip to Africa was in 2007 for the Commonwealth Heads […]
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Renson Mwakandana The restoration of Uber and Bolt commute services has been declared by Tanzania’s government following weeks of debate about the fate of the two businesses. After the government’s regulatory amendments went into effect in March, Uber opted to discontinue its services in April, while Bolt decided to focus only on business clients in August. Habibu […]
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Renson Mwakandana President-elect William Ruto will be inaugurated today, Tuesday, September 13th, and many leaders have confirmed they will be present, showing the region’s support for Kenya’s fifth head of state as he begins his new tenure. At the event where Dr. Ruto will be sworn in and subsequently address a crowd at the Karasani stadium in Nairobi, 20 […]
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