Category: Africa News

  • SA Parliament elects Ramaphosa as president-elect

    SA Parliament elects Ramaphosa as president-elect

    THE National Assembly (NA) of South Africa has elected Mr. Cyril Ramaphosa as the president -elect of the Republic of South Africa during its first sitting of the 7th Parliament on Friday. He has been re-elected to serve a second term as the President. “In terms of the Constitution, the National Assembly must, at its…

  • Africa’s Housing Ministers Support ShafDB Capitalization Initiatives

    Africa’s Housing Ministers Support ShafDB Capitalization Initiatives

    By Staff Reporter Kigali, Rwanda: The African ministers of housing, urban planning and development have pledged to support capital raising initiatives by pan-African premier housing financier, Shelter Afrique Development Bank (ShafDB).  Speaking at a Ministerial Roundtable on Financial Innovations to Achieve Housing Affordability during the 43rd Annual General Meeting of Shelter Afrique Development Bank in Kigali-Rwanda, the ministers noted…

  • Malawian VP Chilima and others killed in plane crash

    Malawian VP Chilima and others killed in plane crash

    By Staff Reporter Malawian Vice president Dr. Saulos Chilima and nine others entourage who went missing on Monday June 10, 2024 were found dead in a plane crash. A search for a missing plane carried Chilima and nine others was ordered by the President of Malawi, Lazarus Chakwera on Monday when the aircraft went missing…

  • Dangiwa addresses housing affordability Crisis  affecting Africa’s population

    Dangiwa addresses housing affordability Crisis affecting Africa’s population

    By Staff Reporter NIGERIAN Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa , has highlighted the severe housing affordability crisis affecting over 80% of Africa’s population, driven by low incomes, challenging macroeconomic conditions, and rising living costs. Speaking at the Ministerial Roundtable on “Innovative Financing for Housing Affordability,” held during the Shelter Afrique…

  • New visa regime for Namibia cripples tourism and economic growth

    New visa regime for Namibia cripples tourism and economic growth

    By Staff Reporter THE SADC Business Council Tourism Alliance has expressed deep concern over Namibia’s proposed restrictive visa regime, which could severely hamper the country’s tourism industry and economic growth. This policy shift appears to contradict Namibia Airports Company’s recently launched air access strategy, “Air Connect Namibia”, aimed at increasing international flights and connectivity. The…

  • Paratus Botswana completes Botswana Kalahari Fiber Route 

    Paratus Botswana completes Botswana Kalahari Fiber Route 

    By Staff Reporter Paratus Botswana, the leading telecommunications and network services provider, announces that the last leg of its fiber route has now been completed to create the new Botswana Kalahari Fiber (BKF) route.  A total of 840 kms of fiber was laid between the Namibian border and Lobatse and was activated at the end…

  • World leaders remember Tutsi’s 30th anniversary Genocide in Rwanda

    World leaders remember Tutsi’s 30th anniversary Genocide in Rwanda

    KIGALI, Rwanda, /PRNewswire World leaders past and present gathered in Kigali, Rwanda, to remember the victims of the 1994 Genocide against the Tutsi. Over a dozen current and former Heads of State attended the 30th anniversary of the Tutsi genocide. They joined President Paul Kagame to lay wreaths and light the commemoration flame at the Kigali…

  • Uganda’s Constitutional Court Largely Upholds the Draconian Anti-Homosexuality Act

    Uganda’s Constitutional Court Largely Upholds the Draconian Anti-Homosexuality Act

    By Staff Reporter The Constitutional Court of Uganda upheld the majority of the draconian Anti-Homosexuality Act, striking down only four provisions. The law, signed by President Museveni last May, severely and drastically restricts the rights of LGBTQ+ Ugandans to engage in public life or advocacy by expanding the definition of the “offense of homosexuality” and criminalizing the…

  • Largest frog in 100 years discovered in Africa

    Largest frog in 100 years discovered in Africa

    Story by Bertie Jacobs • A new species of African bullfrog has been discovered in northeastern Namibia, southern Angola, southwestern Zambia and northwestern Botswana. • It is the largest frog species discovered in more than 100 years. • The largest specimen found is 210 millimetres long and weighs 1 kilogram. Once there were three, now…

  • Zambia Bondholder Reaches Agreement with GRZ on Debt Restructuring

    Zambia Bondholder Reaches Agreement with GRZ on Debt Restructuring

    Story by PRNewswire, LONDON The Zambia External Bondholder Steering Committee (the “Committee”) is pleased to announce that it has reached a conclusive agreement (the “2024 Agreement”) with the Government of Zambia (the “Government”) on a restructuring of Zambia’s (i) US$750,000,000 5.375 per cent. Notes due 2022, (ii) US$1,000,000,000 8.500 per cent. Notes due 2024 and…

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