As the European Union pursues vigorous efforts to achieve its targets under the Paris climate agreement, the bloc’s proposed carbon border adjustment mechanism (CBAM) offers the tantalizing promise of cleaner industry and reduced emissions within and beyond its borders. By putting a price on the carbon dioxide emitted during...
Kenyan and Nigerian currencies are likely to come under pressure against the U.S. dollar this week as Uganda’s shilling strengthens and Tanzania’s and Zambia’s currencies trade sideways.
KENYA
The Kenyan shilling is forecast to weaken due to increased dollar demand from merchandise importers and the energy sector as business activity...
The World Health Organization has revoked the appointment of Zimbabwe's Robert Mugabe as a goodwill ambassador following a widespread outcry.
"I have listened carefully to all who have expressed their concerns," WHO head Tedros Adhanom Ghebreyesus said in a statement.
He had previously praised Zimbabwe for its commitment to public health.
But...
In the wake of the COVID-19 pandemic, Madagascar President, Rajoelina took the world by storm after endorsing a herbal product formulated and manufactured locally by the Malagasy Institute of Applied Research (MIAR).
“All trials and tests have been conducted and its effectiveness has been provided in reducing and elimination of...
Radisson Hotel Group has announced the addition of six new hotels to its African portfolio, bringing the total to almost 100 hotels across 32 African markets.
Building on the recent announcement of its reinforced African development team structure, the announcement of the six new hotels further demonstrates the Group’s commitment...
The Nigeria Stock Exchange (NSE) Insurance Index, which tracks insurance stocks, recorded the highest gain of 29.77 percent in January 2021 as insurers rallied on the back of suspension of the insurance industry recapitalisation exercise.
The federal government had in December 2020, through the National Insurance Commission (NAICOM), suspended the...
There is simply no denying the relevance of influencers in today’s digital market in Africa. Influencers are people who have sway over people’s choices or preferences and—at the risk of sounding literal—they have an influence on people’s buying decisions. The bond between influencer and viewer is an organic one...
In recent weeks, tens of thousands of people paraded the streets of Bamako in Mali to demand the resignation of President Ibrahim Boubacar Keita.
The protesters were believed to have been mobilised by Mr. Mahmoud Dicko, an influential Muslim leader, under the auspices of the June 5 Movement – Rally...
