Category: Africa News

  • North-West University supports SA response to Rwanda

    North-West University supports SA response to Rwanda

    By Staff Reporter THE North-West University (NWU), says it is supporting South Africa’s response on the recent escalating tension between two states, South Africa and Rwanda as cool heads and calm words are crucial. Dr Pumlani Majavu, a lecturer in Political Studies and International Relations at the North-West University in South Africa, describes the current…

  • Largest frog in more than 100 years discovered in Africa

    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 there…

  • Swoop Funding empowers businesses in SA

    Swoop Funding empowers businesses in SA

    By Staff Reporter Swoop Funding the global powerhouse in business funding solutions, has proudly announced its official launch in South Africa. This strategic expansion is made possible with the formidable support of industry leaders Sage and Enterprise Ireland. As Swoop strides into the South African market, it marks a momentous step in the company’s commitment…

  • Prince Akashambatwa is new Senior Chief for Kaoma

    Prince Akashambatwa is new Senior Chief for Kaoma

    By Staff Reporter Mwanamulena (Prince) Akashambatwa Mbikisita Liwanika was on last month (October), installed as the new Senior Chief of Kaoma/Nkeyema and Lwampa districts taking over from His cousin Late Senior Chief Isiteketo Makweti Amukena who died last December 2022. Dr. Liwanika has in the past served in many different positions in the Zambian Government…

  • Nepotism is stealing Africa’s future

    Nepotism is stealing Africa’s future

    By Bertie Jacobs • Nepotism is not limited to isolated cases in Africa, but a trend throughout the continent. • Allowing nepotism practices through family, friends and those least qualified to occupy leadership positions is tantamount to stealing Africa’s future from its young generation. • The liberation movement of the 1960s has not succeeded in…

  • Chief Inyambo Yeta III Dies

    Chief Inyambo Yeta III Dies

    By Staff Reporter Chief Inyambo Yeta III of Mwandi, Mulobezi and Sesheke Districts has died at the age of 69 in Maina Soko military hospital in Lusaka on July 20, 2023 after he went for his medical review. He was described by the Barotse Royal Establishment (BRE) of the Western Province of Zambia as a…

  • Shelter Afrique to hold its 42nd AGM

    Shelter Afrique to hold its 42nd AGM

    By Staff Reporter Abuja – Nigeria is set to host Shelter Afrique’s 42nd Annual General Meeting, which will also cover a ministerial roundtable and some interlinked business activities as part of the proceedings, the pan- African housing development financier has disclosed. The event is scheduled to take place during the week of 8th to 11th May 2023 at the Transcorp…

  • How Africa’s Financial Sector Can Manage Risk in Volatile Times

    How Africa’s Financial Sector Can Manage Risk in Volatile Times

    Right now, every financial services company in Africa wants the same thing: to grow revenues, and reduce their risk. But with consumers across the continent struggling in the face of rising inflation and interest rates, they’re experiencing a growing wave of non-performing loans (NPLs), which is putting a brake on their growth ambitions. At the…

  • Moody’s Reaffirms African Trade Insurance’s A3 Rating

    Moody’s Reaffirms African Trade Insurance’s A3 Rating

    By Staff Reporter Nairobi  – Moody’s Investors Service (“Moody’s”) has affirmed the A3 insurance financial strength rating (IFSR) of the African Trade Insurance Agency (ATI) for the fifth consecutive year and changed the outlook from stable to positive. Moody’s noted that the change in outlook to positive reflects the strong growth in ATI’s membership base…

  • Africa’s economic growth to outpace global forecast in 2023-2024

    Africa’s economic growth to outpace global forecast in 2023-2024

    African Development Bank’s new report calls for bold policy actions to help African economies mitigate compounding risks By Staff Reporter Africa is set to outperform the rest of the world in economic growth over the next two years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024. This is higher than…

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