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African News
Why Ghanaian President Won’t Act On Anti-LGBTQ Bill Passed By Parliament Yet –Presidency
A senior presidency official in Ghana has said the anti-LGBTQ bill passed by parliament in February will not be transmitted to President Akufo-Addo for assent until…
Ethiopia’s largest Commercial Bank loses millions as technical glitch allows excessive withdrawals
The largest commercial bank in Ethiopia, Commercial Bank of Ethiopia (CBE) recently lost millions of dollars when a technical glitch in its system allowed customers to withdraw more money than they had in their accounts.…
Niger breaks off military cooperation with US
Niger’s government announced on Saturday that it was breaking off “with immediate effect” its military cooperation agreement with the United States.
The declaration came just a day after a senior US delegation left Niger,…
Ghana High Commissioner to Nigeria is dead
Ghana High Commissioner to Nigeria, Ambassador Rawhide Bawa, has been confirmed dead.
He was 65 years old.
Politics Nigeria understands that Bawa died in Abuja, Nigeria’s capital city, on Thursday.
His remains have…
Paris Club Creditors cancels 99% of Somalia’s debt
The Paris Club of Creditors have reached an agreement with the government of Somalia that will result in the cancellation of up to $2 billion of the country’s debt- approximately 99% of the debt owed by the country to the…
Ghana plays for time on debt restructuring as bondholders demand value recovery
Ghana risks long-term damage to its credibility as a borrower as the progress of restructuring discussions with foreign bondholders shows a government determined to play for…
Niger Republic Junta Ready To Release Bazoum
The junta in Niger Republic is in a serious dilemma even as it has agreed to release the ousted president of the country, Mohamed Bazoum, and his wife, Khadija.
Multiple sources in Nigeria and the neighbouring Niger,…
Adoption of single currency by ECOWAS suffers setback
The move to ensure that member states of the Economic Community of West African States (ECOWAS) adopt a common currency has suffered a major setback as none of the West African Monetary Zone (WAMZ) member states has met the…
Ex-Côte d’Ivoire president Gbagbo to contest 2025 election – Report
Laurent Gbagbo, former president of Ivory Coast, has reportedly agreed to contest the country’s presidential election in 2025.
The election is expected to be held in October 2025.
Katinan Kone, spokesperson of the …
Rwandan President Kagame wins party primaries in push for fourth term in office
In a push for a fourth term in office as Rwandan president, Paul Kagame emerged as the presidential candidate of the ruling party, Patriotic Front Congress, ahead of the July election in the East African country.
Mr…
ECOWAS Engaging Third Parties To Resolve Dispute With Mali, Niger, Burkina Faso – Official
The Economic Community of West African States (ECOWAS) has said it is involving third parties to resolve its differences with three “important members” – Mali, Burkina-Faso and Niger – who have indicated their interest in…
Egypt secures over $40 billion deals from UAE and IMF in 10days
Egypt has been able to secure over $40 billion in investment deals from the United Arab Emirates (UAE) and International Monetary Fund (IMF) in just 10days after floating its currency and seeing it nosedive by 38%.
Late…
Egypt learns how not to float a currency from Nigeria’s mistakes
Nigeria may have put the cart before the horse with its floatation of the naira, but Egypt has made no such mistake.
It was hardly a surprise when Egypt devalued its currency on Wednesday after over a year of a flawed peg to the dollar…
Egypt to get $8 billion IMF bailout after removing currency controls
Egypt has successfully negotiated an expansion of its International Monetary Fund’s (IMF) bailout package to $8 billion, following the government’s bold decision to allow the Egyptian pound to plummet to an…
Egypt Devalues Its Pound, Currency Falls To Record Low Value Against US Dollars Within Hours
Egypt devalued its currency for the fourth time since early 2022, following a massive interest-rate hike by the central bank.
The pound plunged about 26.5% to a record low of 42 per dollar as of 10:35 am in Cairo on…
Ghana: Lawsuit seeks to bar former president Mahama from December ballot
A lawsuit against John Dramani Mahama, a former Ghanaian president and presidential contender, seeks to disqualify him from the 2024 ballot, alleging violation of the…
Ghana to lose $3.8 billion World Bank funding over anti-gay bill
The Ghanian government is posed to lose the total of $3.8 billion in World Bank funding over a recent Anti-LGBTQ bill passed by its parliament last week.
The finance ministry of Ghana has appealed to the president to…
Ghana Parliament temporarily faces blackout over $1.8 million unpaid electricity bill
The Electricity Company of Ghana (ECG), a government-operated power provider, on Thursday temporarily disconnected electricity to the parliamentary complex to compel the legislative body to settle an outstanding debt of 23…
U.S Says It’s ‘Deeply Troubled’ By Ghana’s Passage Of Anti-LGBTQ+ Legislation
The United States has said it was “deeply troubled” by the passage of anti-LGBTQ legislation in Ghana’s parliament.
According to Reuters, U.S. State Department in a statement on Wednesday also urged a review of the…
JUST IN: Ghana passes anti-gay law
The Ghana Parliament has approved the bill regarding human sexual rights and family values, commonly referred to as the anti-LGBTQ bill.
The bill, called the Promotion of Proper Human Sexual Rights and Ghanaian Family…
Seven arrested over ‘murder’ of South African rapper AKA
Seven suspects have been arrested over the alleged murder of Kiernan Forbes, the South African rapper better known as AKA.
AKA was shot dead outside a restaurant in the coastal city of Durban on February 10, 2023.
The…
Nigeria restores electricity supply to Niger
Nigeria has agreed to restore electricity supply to Niger Republic as the Economic Community of West African States (ECOWAS) yesterday lifted the sanctions on Niger, Mali, Burkina-Faso and Guinea.
The sanctions were…
ECOWAS demands release of Mohamed Bazoum by Niger Republic junta
The Economic Community of West African States (ECOWAS) has demanded the release of Mohamed Bazoum by the military junta in the Niger Republic.
Omar Touray, president of the ECOWAS commission, said the demand…
Cost of ECOWAS’ sanctions against Niger, others
For the citizens of Niger, Burkina Faso and Mali, the lifting of coup sanctions against their home government by the Economic Community of West African States (ECOWAS) is indeed a breather, if the harsh economic turmoil…