News - PIA AFRICA

U.S. pledges $203M in the hopes of averting the crisis in Sudan

U.N. ambassador Linda Thomas-Greenfield said the U.S. is pledging $203M in the hopes of averting the crisis in Sudan to spill over into the region....

Friday, July 19th 2024
47

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Morocco under Mohammed VI : A model of African progress? [Business Africa]

Since ascending to the throne in 1999, Mohammed VI has led Morocco through an ambitious economic and social transformation. As he celebrates 25 years on t......

Thursday, July 18th 2024
43

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South Africa: AfDB to lend $1 billion to Transnet

The African Development Bank said on Thursday it had approved a $1 billion loan to South Africa's state-owned railway and ports company, Transnet....

Thursday, July 18th 2024
43

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Mozambique: former finance minister on trial in US

The former finance minister in Mozambique has gone on trial in the US over the so-called "tuna bond" scandal which came to light in 2016. ...

Thursday, July 18th 2024
33

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UAE lifts 2022 visa ban on Nigerians

The United Arab Emirates has lifted a 21-month long visa ban on Nigerians. Nigeria’s information minister Mohammed Idris said Monday that......

Wednesday, July 17th 2024
31

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Congo/IMF: Civil society criticizes fund management

The International Monetary Fund (IMF) Executive Board has approved the disbursement of approximately 43 million dollars to the Congolese government under......

Wednesday, July 17th 2024
33

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Kenya to cut spending by nearly 2% in revised budget

Kenya plans to reduce its 2024-25 spending by 1.9% and widen the fiscal deficit to 3.6% of GDP, following the rollback of tax hikes due to protests....

Monday, July 15th 2024
40

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Nigerian court says it will begin hearing Binance tax evasion case in October

A court in Nigeria has said it will begin a trial against cryptocurrency exchange Binance over tax evasion charges on Oct. 11, the judge hearing the matter said o......

Friday, July 12th 2024
42

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Russia and Iran to continue cooperation with new Iranian govt

On the sidelines of the 10th BRICS Parliamentary Forum in St. Petersburg, Thursday (Jul. 11), Russia's President and the Iranian parliament speaker held a......

Friday, July 12th 2024
48

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Egypt's urban inflation rate drops for fourth consecutive month

Egypt's urban inflation rate decreased for the fourth month in a row in June, dropping to 27.5% from 28.1% in May, according to data released by the count......