Angola’s oil and gas industry can thrive alongside its rich biodiversity
Angola was last month said to be drafting legislation to permit prospection of oil, gas and mining activities in 14 national conservation areas. These are the Luengue-Luiana National Park, which represents part of the Kavango-Zambezi Transfrontier Conservation Area that stretches from Angola, Namibia, Botswana, Zambia to Zimbabwe. The announcement led...
Ecobank Nigeria announces pricing of its senior unsecured $300m bond
Ecobank Nigeria, a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Inc (ETI), has declared it has successfully priced its $300 million bond issuance that will mature in February 2026. The fixed-rate, US dollar-denominated bond, with a tenor of five years, carries a coupon rate of 7.125 per...
Rugby Africa formally launches referees committee
Rugby Africa (RA) Referees Committee that was formed in December last year has been formally launched. The committee will, among other things, oversee the growth and development of the sport, besides enforcement of the rules of the game and monitoring playing trends on the continent. Speaking at the launch in...
Grey market: Incentive to produce charcoal illicitly or legally set to rise in Kenya
Despite a longstanding moratorium on charcoal production and trade in Kenya, current high demand for the fuel that has been enforced by expansive alternatives such as liquified gas and kerosene has given rise to a booming ‘grey market’ that now threatens to exacerbate ecological degradation. Increased production and trade in...
Centurion Plus launches Africa’s free trade area preliminary impact report
Long-awaited African Continental Free Trade Area (AfCFTA) that became operational January 1 this year, has published guidelines on how the world’s largest economic bloc by membership, will conduct business. However, it remains to be seen how the continent will resolve issues related to non-tariff barriers, such as infrastructure, that are...
African Union, Fifa pledge to enhance collaboration in sports and education
African Union and Federation Internationale de Football Association (Fifa) have vowed to further grow the positive momentum of collaboration between both organisations in the past two years for the benefit of Africa. Speaking during a conference call that preceded the 34th Ordinary Session of the Assembly of the Heads of...
WHO rolls off construction of South Sudan’s public health emergencies centre
The African Development Bank (ADB) has kicked off the construction of the second phase of the Public Health Emergency Operations Centre (PHEOC) in South Sudan. The ground-breaking ceremony that was presided over by South Sudan Minister of Health Elizabeth Acuei Yol in the presence of ADB country manager for South...
Drug firm AstraZeneca recognised as top employer in Kenya and South Africa
World pharmaceutical giant AstraZeneca has been recognised as a Top Employer in Kenya and South Africa. The drug manufacturer, which has been in the news in recent months as a leader in the search for a coronavirus vaccine was picked for the 2021 Top Employers award by Top Employers Institute...
With just one horrific act, Kenya faces a nightmare she’s never dared imagine
For so long, Kenyan leaders have conditioned the populace to accept corruption. A collective state of mind exists in which the ordinary Kenyan has come to expect America, Europe and other foreigners to solve his pressing problems through all forms of aid. Call it a tragic dependency syndrome. The ordinary...
New report: Western sources still dominate how the Africa story is told
One-third of all African stories in news outlets on the continent are sourced from foreign news services, a new report from Africa No Filter, says. The How African Media Covers Africa report highlights the fact that stories about Africa continue to be told through the same persistent and negative stereotypes...
