Newscast - Africa

Newscast - Africa

We bring you various leading news from across Africa, on business, economy, market, and politics. Towards A Profitable Africa.

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South Sudan Road Funds Blocked Due To Lack Of Transportation Rules

South Sudan Road Funds Blocked Due To Lack Of Transportation Rules

The World Bank says South Sudan cannot receive infrastructure funding from international investors due to a lack of financial policies and transport sector regulations. The bank has placed conditions ...

11 Loka 202254s

Wagner Group Accused Of Using Africa Wealth To Fund Ukraine War

Wagner Group Accused Of Using Africa Wealth To Fund Ukraine War

The US says Russian mercenaries are exploiting natural resources in the Central African Republic, Mali, and Sudan to fund Moscow's war in Ukraine. US Ambassador to the United Nations, Linda Thomas-Gre...

11 Loka 202252s

Ghana Hikes Lending Rate As Inflation Nears 40%

Ghana Hikes Lending Rate As Inflation Nears 40%

The cost of loans in Ghana is set to increase again for the average borrower, following an upward review of the rate at which banks can borrow money from the central bank, otherwise referred to as the...

11 Loka 20221min

World Suicide Rates Highest In Africa

World Suicide Rates Highest In Africa

The World Health Organization says Africa has the highest rate of people dying by suicide in the world. The agency says Africa is home to six of the 10 countries with the highest suicide rates globall...

11 Loka 202249s

Google Spends 20% of $1billion on African Projects, Begins First Cloud Region

Google Spends 20% of $1billion on African Projects, Begins First Cloud Region

Google says that it had already spent over 20 percent of the budget, which covers the establishment of its first cloud region in Africa. Managing Director, of Google Africa, Nitin Gajria, says Google...

11 Loka 20221min

Non-Oil Export Contributed $2.593billion To Nigeria’s Economy In Six Months

Non-Oil Export Contributed $2.593billion To Nigeria’s Economy In Six Months

The Managing Director, and Chief Executive Officer of the Nigerian Export Promotion Council, Ezra Yakusak, says the non-oil sector has contributed over two billion dollars to the Nigerian economy in t...

11 Loka 20221min

Nigerian President Presents N20.51 trillion 2023 Budget Proposal

Nigerian President Presents N20.51 trillion 2023 Budget Proposal

President Muhammadu Buhari presented before the two chambers of the National Assembly, a record N20.51 trillion proposed budget for the 2023 financial year. The N20.51 trillion budget which is the hig...

11 Loka 20221min

Organisation of Petroleum Exporting Countries Eyes Oil Price Hike

Organisation of Petroleum Exporting Countries Eyes Oil Price Hike

The price of Brent, the global benchmark for crude, gained $1.62 by rising to $93.4/barrel as oil producers agreed on a major production cut. Members of the Organisation of Petroleum Exporting Countri...

7 Loka 202250s

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