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  • WFP Urges Zimbabwe, SADC to Produce More Food to Avoid Insecurity
  • Owner Caught Off Guard by Downpour; 8 Still Trapped in Burkina Mine
  • Analysts Question Fairness of Planned Trials for Guinea’s Ex-President, Colleagues
  • Nations Pledge Over $3B to Fight Pandemic
  • North Korea’s Kim Orders Lockdown as First COVID-19 Outbreak Is Confirmed
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Bank of Central African States Urges CAR to Annul Bitcoin as Currency

May 11, 2022 madmin

The Cameroon-headquartered Bank of Central African States (BEAC) has urged the Central African Republic (CAR) to annul a law it passed in late April that made the cryptocurrency Bitcoin legal tender. The bank warned in a letter made public last week th…

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Industry 

US Interested in Africa Mining Investments, says American Official

May 11, 2022 madmin

A top U.S. energy official says Russia’s war on Ukraine has driven home the need to diversify supply chains, and that Africa can benefit from this. Jose Fernandez made the comment to VOA Wednesday at an annual conference on African mining in Cape Town,…

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Industry 

Macron’s victory is paved with oppression

April 28, 2022 0 Comments

Published by Al-Araby It is little surprise that Emmanuel Macron has been re-elected president of the French Republic. He secured

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Industry 

OPEC minimum oil production increase during March

April 17, 2022 madmin

RIYADH— OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset increases at the core OPEC members of the Middle East.All 13 OPEC members—including Lib…

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Industry 

Russia-Ukraine conflict: Oil opens higher as OPEC warns of tight supply and Russian sanctions loom

April 12, 2022 madmin

LONDON— Oil futures rose early on Tuesday, reversing sharp losses from the prior day, as the market weighed the potential for more sanctions on Russia’s energy sector and OPEC warned it would be impossible to increase output enough to offset lost suppl…

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Industry 

East Africa faces crises as fuel, commodity prices go up raising the cost of living

April 10, 2022 madmin

NAIROBI, April 10 (NNN-AGENCIES) — It has been a week of crises in East Africa, characterized by shortages of fuel and rising prices of consumer goods, as the region continued to shake off COVID-19 blues to revive state economies.IMany areas have recen…

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Industry 

DRC Joins EAC Regional Bloc to Facilitate Trade

March 31, 2022 madmin

The Democratic Republic of Congo this week became the seventh country to join the East African Community. The regional trade bloc, which includes Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda, now reaches a quarter of Africa’s population, s…

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