Elon Musk loses $18.7bn in one day, as top four billionaires lose $35.9bn
It wasn’t a great day for billionaire, Elon Musk and the remaining top three wealthiest people on Thursday, following heavy losses in their networths,...
World Bank approves $2.3b plan for Eastern and Southern Africa to tackle food insecurity
World Bank has approved a $2.3 billion programme for Eastern and Southern African countries to help them tackle food insecurity, the bank said in...
EU Announces €70,000 for Nigeria flood preparedness
The European Union Disaster Relief Emergency Fund (DREF) is expected to benefit 10,000 people, while 25,000 more will be benefiting indirectly.
In preparation for the...
How Kenya’s economy grew at fastest pace in 11 years in 2021
Kenya’s economy expanded at the fastest pace in 11 years in 2021, rebounding from a coronavirus-induced contraction the year before.
Gross domestic product grew 7.5%,...
IMF says preparing for first review of Egypt programme, dates to be confirmed
Preparations for the first review of Egypt's economic reform programme with the International Monetary Fund have begun and dates for the review mission will...
Breakthrough military-civilian talks may end Sudan crisis – UN
The United Nations envoy said Thursday that Sudan's army will hold direct talks with civilian politicians and activists next week for the first time...