Representing Africa Worldwide

Africa

2 min read

Kenya and Uganda to Mediate in Ethiopia-Somalia Dispute Landlocked Ethiopia, which has thousands of troops in Somalia to fight al Qaeda-linked insurgents, has angered the Mogadishu government with its plan to build a port in the breakaway region of Somaliland.

34 mins ago Shahid Siddiqui

NAIROBI: Kenyan President William Ruto said on Saturday he and Ugandan President Yoweri Museveni would help mediate between Ethiopia and...

1 min read

Ethiopia’s Parliament Approves Extra $4.8 bln pending in 2024/25 Finance Minister Ahmed Shide told lawmakers that a portion of the additional funds would be allocated to subsidise costs of fertiliser, oil, fuel, and medicine.

4 days ago Shahid Siddiqui

ADDIS ABABA: Ethiopian lawmakers on Tuesday approved the government's plan to increase spending by an additional 581.98 billion Ethiopian birr...

3 min read

Zimbabwe Charts Ambitious Return to Global Finance at Debt Conference President Emmerson Mnangagwa told the conference that Zimbabwe is negotiating a Staff Monitored Program (SMP) with the International Monetary Fund.

5 days ago Shahid Siddiqui

HARARE: Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure...

5 min read

$300 Billion Climate Deal Falls Short: Developing Nations Demand Justice at COP29 United Nations climate chief Simon Stiell described the deal as an “insurance policy for humanity against global warming,” but warned, “Like any insurance policy, it only works if the premiums are paid in full, and on time.”

6 days ago Shahid Siddiqui

BAKU: The COP29 climate summit in Baku concluded with a $300 billion annual finance package aimed at helping developing nations...

3 min read

Ghana Blocks Pension Funds From Offshore Investment On Currency Concerns, Sources Say Ghana's state-run pension fund handles tier one contributions towards employees' monthly retirement benefits, which are mandatory, while private firms manage tiers two and three - mandatory and voluntary contributions respectively - for lump-sum payment at or before retirement.

2 weeks ago Shahid Siddiqui

ACCRA: Ghana is clamping down on private pension fund managers who want to invest in offshore assets on concerns it...

2 min read

Kenya and Uganda to Mediate in Ethiopia-Somalia Dispute

34 mins ago Shahid Siddiqui

5 min read

India’s Parliament Suspended Amid Uproar Over Adani Group Allegations: A Political and Economic Flashpoint

2 days ago Shahid Siddiqui

1 min read

Ethiopia’s Parliament Approves Extra $4.8 bln pending in 2024/25

4 days ago Shahid Siddiqui

3 min read

Zimbabwe Charts Ambitious Return to Global Finance at Debt Conference

5 days ago Shahid Siddiqui

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