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Monthly Archives: December, 2020

Zimbabwe’s central bank to sell off majority shares in gold buyer

Zimbabwe’s central bank will sell its majority shares in the country’s sole gold buyer, the Fidelity Printers and Refiners (FPR), as part of the...

Rwanda’s economy to contract by 0.2% in 2020 – IMF

Rwanda’s economy is projected to shrink by 0.2% this year, but will rebound strongly next year to grow by 5.7%, according to the International...

Netflix appoints Zimbabwean billionaire Strive Masiyiwa to its board

Netflix has appointed Zimbabwean billionaire Strive Masiyiwa to its board, becoming the firm’s first African director as it eyes new markets for future growth.

Guinea President Alpha Conde vows to tackle graft and govern differently

Guinea’s President Alpha Conde has promised to fight corruption as he took an oath of office to serve a controversial third term.

EU halts payment of 90 million euros in aid to Ethiopia over humanitarian crisis in Tigray

The European Union has halted the payment of about 90 million euros in budget support to Ethiopia due to the bloc’s concerns over the...

Ghana’s economy contracts again in third quarter

Ghana’s economy shrank for a second time in the third quarter, even as the government eased restrictions imposed to curb the spread of the...

African Continental Free-trade Area could unlock $84 billion in exports

The African Continental Free-Trade Area could help to realize more than $84 billion in untapped intra-African exports, a new report by the African Export-Import...

Nigeria’s inflation hits three-year high

Nigeria’s inflation sharply rose to a three-year high in November as food prices increased due to dollar shortages, insecurity in farmlands, and supply bottlenecks...

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How Mozambique’s history of violence is dashing hopes of economic progress

There is no saying that is so common in the minds of Mozambique citizens above the age of 40...
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Another win for President Nguesso ensures Congo’s economic crisis will prolong

At 77, Congo’s President Sassou Nguesso is four times older than the average Congolese, whose median age...

Why Equatorial Guinea’s bail-out plan with IMF crashed

Despite being promised an IMF bailout over a year ago, Equatorial Guinea is still waiting for the funds...

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LAUNCH: THE STATE OF AFRICA 2020 CONFERENCE

Mansa Media in partnership with Afrochampions Initiative...