THE African Export-Import Bank (Afreximbank) has signed an indicative term sheet with APD-Cameroon for the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million. According to the agreement, the financing will be divided…
NAMIBIA has become a focal point for oil exploration following several significant discoveries along its coastline in recent years. While the country has not yet commenced oil or gas production, major oil companies, including TotalEnergies and Shell, have uncovered reserves estimated at…
UGANDA has entered into an agreement with a business association from the United Arab Emirates (UAE) to construct a new international airport, President Yoweri Museveni’s office announced on Friday. This development marks Uganda’s third international airport and extends the UAE’s…
A RECENT analysis by The ONE Campaign has revealed a critical dependency in Africa’s vaccine supply chain: a mere 1.1 percent of the continent’s vaccines are produced domestically. In contrast, over half of the supply originates from Asia, with Europe…
KENYA’S Independent Policing Oversight Authority (IPOA) has launched an investigation into police conduct during recent protests against the government’s plan to impose new taxes. The protests, which took place on Thursday, saw thousands of demonstrators march in the capital, Nairobi, and…
A 64-YEAR-OLD American tourist, Juliana Tourneau, was killed by an elephant this week in the town of Livingstone, located in southern Zambia. Incident details Southern Province police commissioner Auxensio Daka stated that the tragic incident occurred on Wednesday afternoon at…
THE Federal Government has initiated a thorough investigation into the N2.7 trillion subsidy debt and has enlisted the services of the auditor general. The proposed audit of the N2.7tn fuel subsidy claim by the Nigerian National Petroleum Company Limited has…
AN emergency wheat production project in Sudan financed by the African Development Bank (www.AfDB.org) and executed by the United Nations World Food Programme (WFP) has increased wheat production in the country by up to 70% in targeted project locations across…
RUSSIA close ally Belarus has initiated major military manoeuvres in two regions: one bordering Poland and the other near Russia, both of which also border Ukraine. The Ministry of Defence in Minsk did not provide any information on the…
Mrs Oyinkansola Badejo-Okunsanya, the Chairperson for the 2024 Nigerian Bar Association Annual General Conference (NBA-AGC), on Friday, said over 3,074 lawyers have registered for the conference. Badejo-Okunsanya told the News Agency of Nigeria (NAN) that the figure was commendable when…
