Africa

Elumelu urges global, multinational organisations to provide support for Africa

Tony Elumelu, the chairman, United Bank for Africa (UBA) Plc, and founder, Tony Elumelu Foundation (TEF), has called on international…

‘America first’ endangers U.S. influence in Africa, Bill Gates says

Bill Gates, co-founder of Microsoft Corp. and the second-richest person in the world, said there’s a danger that U.S. President…

Africa needs AfDB to mobilise resources, says Nigeria’s finance minister

Kemi Adeosun, Nigeria's minister of finance said on Wednesday that African Development Bank (AfDB) is strategic to African nations, particularly…

East Africa remains fastest-growing region on the continent- UN

A new UN report reiterates that East Africa remains fastest-growing sub-region on the continent, as the organisation projects Africa's aggregate growth…

Uganda private-sector activity slows on uptick in input costs

Uganda’s private-sector economic growth decelerated in December from the previous month, hurt by a surge in company input costs, a…

Angola seeks to rescue economy, joins other oil nations to drop dollar peg

Angola is poised to become the latest emerging nation to abandon its currency peg as it seeks to rescue an…