UK Set Out New Law To Stop Illegal Migrant Boats
The UK government has put forward controversial new legislation seeking to stop tens of thousands of migrants reaching the country illegally in boats every year. Interior Minister Suella Braverman say...
9 Mar 202351s
South Africa's Economy Shrinks By 1.3%
South Africa’s gross domestic product shrank by 1.3% in the fourth quarter of 2022, much more than was expected. Analysts had predicted a decline of just 0.4% and blamed the record blackouts for takin...
9 Mar 20231min
German Firm Signs $34bn Mauritania Green Energy Deal
A German company has signed a memorandum of understanding for a $34bn green energy project in Mauritania. Egyptian and Emirati firms are also part of the deal. The facility will produce up to eight mi...
9 Mar 202353s
Kenya Bans Milk Powder Importation Amid Drought
Kenya has imposed an indefinite ban on milk powder imports to cushion local processors and farmers from surplus production and low prices in anticipation of the long rains. The Kenya Dairy Board says ...
9 Mar 202356s
MTN Nigeria Raises N125bn Via Commercial Papers
MTN Nigeria has raised N125bn through the issuance of commercial papers to boost its short-term working capital and funding requirements. The company said that it had completed the Series 4 & 5 Commer...
9 Mar 20231min
Nigerian State Approves Bill To Establish Wealth Fund
Ekiti State Government has approved the establishment of a fund designed to receive, manage and invest in a diversified portfolio of medium- and long-term assets for the state, and for future generati...
9 Mar 20231min
Nigeria's Electoral Commission Postpones Governorship Election
The Independent National Electoral Commission has postponed the governorship and state house of assembly elections scheduled for Saturday, March 11. INEC National Commissioner for Voter Education, Fes...
9 Mar 20231min
China Sets Economic Growth Target To 5%
China’s National People’s Congress has kicked off its annual parliamentary session, announcing a modest target for economic growth of about 5 per cent. The session is also set to hand President Xi Jin...
8 Mar 202357s
