Nigeria: Emirates Flight Touches Down in Lagos After 2-Year Break

[ad_1] For the first time in two years, an Emirates flight landed at the Murtala Muhammed International Airport (MMIA) in Lagos on Tuesday. The United Arab Emirates (UAE) flag carrier resumed operations after suspending flights in 2021 due to unresolved issues, including the airline's trapped funds in Nigeria. Flight EK 783, a Boeing 777-300ER, touched down at the old terminal of MMIA at 3:32 PM. However, the flight arrived with several empty seats, reflecting a subdued return to operations. While […]

October 2, 2024 2

Africa

Africa: Wale Tinubu – The Indefatigable Spirit of Africa’s Top Entrepreneur

[ad_1] "Repeat a lie often enough and it becomes the truth," is a law of propaganda often attributed to the Nazi Joseph Goebbels. Repetition makes a fact seem more true, regardless of whether it is or not. This clearly may be why those who are envious and intimidated by the rising profile of Oando Plc and that of its Group Chief Executive Officer, Wale Tinubu, have in recent times been spreading negative narrative against them. Oando and Wale Tinubu have […]

October 2, 2024 2

News

Zimbabwe: ‘Zim a Destination for Sport Investment’

[ad_1] Eddie Chikamhi, Senior Sports Reporter PRESIDENT Mnangagwa says Zimbabwe continues to demonstrate its capacity as a destination for sport investment and business following the successful hosting of the second edition of the Zim Afro T10 tournament. The nine-day cricket tournament, which attracted players from around the globe, lived up to its billing, culminating in a thrilling final that was won by captain Sikandar Raza's Joburg Bangla Tigers last night when they edged Cape Town Samp Army by five runs. […]

October 2, 2024 1

Africa

Africa: Why Pay Tax? African Study Finds Trust in Government Is Key

[ad_1] Taxes are important. They're a primary way in which governments fund essential services like healthcare, education, infrastructure and social protection programmes. They are vital to the economic development of countries. In sub-Saharan African countries, the need for public services is great and fiscal resources are often scarce. Getting the public to pay their taxes is essential. However, a variety of structural and governance challenges have made it difficult to effectively mobilise revenue. Recent tax protests in Kenya illustrate the […]

October 1, 2024

Africa

Africa: East Africa Braces for Wheat Price Surge As Russian Crop Falls to 11-Year Low

[ad_1] East Africa faces the prospect of higher wheat prices in 2025 due to a projected poor crop in Russia, the region's primary supplier. The 2025 Russian wheat crop is expected to fall to an 11-year low, raising concerns for countries like Kenya, which imports up to 75 percent of its wheat needs from Russia and Ukraine. The Sovecon consultancy warned earlier this week that wheat sowing rates in Russia have dropped significantly, dampening the outlook for next year's harvest. […]

October 1, 2024 2

Africa

African Union Committed to Developing AI Capabilities in Africa

[ad_1] Artificial Intelligence (AI) is more than a technological leap; it is a transformative force reshaping our world. With profound impacts across economics, society, and geopolitics, AI is driving revolutionary changes in sectors such as healthcare, agriculture, finance, and education. For Africa, AI represents a strategic asset pivotal to achieving the aspirations of Agenda 2063 and the Sustainable Development Goals (SDGs). It promises to ignite new industries, drive innovation, and […]

August 31, 2024 2

Africa

Africa: China’s Lending to Africa Increased in 2023, Study Shows

[ad_1] Johannesburg — Chinese lending to Africa rose for the first time in years in 2023, new research by Boston University's Global Development Policy Center showed Thursday. But the $4.61 billion loaned last year is still far less than China's commitments to the continent pre-pandemic. In the heady early days of Chinese President Xi Jinping's global infrastructure project, the Belt and Road Initiative, or BRI, China's loans to Africa surpassed […]

August 30, 2024

Africa

Africa’s Nuclear Dreams a Fusion of High Hopes and High Hurdles

[ad_1] Africa's nuclear energy ambitions face significant challenges as experts question whether the continent's infrastructure can support such a leap. Industry leaders from the US and Africa's nuclear energy sector are meeting in Nairobi this week to discuss how to move forward. The four-day conference aims to address the obstacles hindering the adoption of nuclear energy on the continent. While South Africa remains the only African nation with nuclear power […]

August 30, 2024 2

Africa

Africa: Facing Barriers in West, China to Push Green Products At Africa Summit

[ad_1] Johannesburg — As the West clamps down on imports of green technology products from China, the world's biggest manufacturer is looking for new markets, and that is a topic analysts say will dominate the agenda next month at a Forum on China-Africa Cooperation, or FOCAC, in Beijing. The high-level meeting, held every three years, will be the first since the world emerged from the COVID-19 pandemic and China suffered its own economic slowdown. It also comes amid growing geopolitical […]

August 29, 2024 1

Business and Finance