Germany provides €16m for 3rd phase of Reproductive Health Pogramme in Malawi

Malawi 19/05/2024 | 01:03

Africa-Press - Malawi. Germany has provided a whopping €16 million (approximately MK30 billion) to enable Malawi implement the third phase of the Programme for Reproductive Health (N’zatonse Programme).The programme aimes to reduce the distance and barriers for young women and men in rural...

Business group invests 25 million in the production of animal feed

Angola 18/05/2024 | 18:12

Africa-Press - Angola. The business group “Safcomex Limitada” will invest 25 million dollars (1 dollar is equivalent to 849 Kwanzas) in the installation of a factory to produce 150 tons of soybean meal and cooking oil/day, announced this Friday, in Luanda, the organization's managing partner,...

Angola reinforces economic cooperation with Oman

Angola 18/05/2024 | 17:56

Africa-Press - Angola. The Republic of Angola and the Sultanate of Oman reinforced this Thursday, in Luanda, with the signing of a cooperation agreement, bilateral relations between the two States.The general cooperation agreement signed by the Minister of State for Economic Coordination,...

Fixing depreciating Cedi must be urgent to you than securing new loans

Ghana 18/05/2024 | 16:18

Africa-Press - Ghana. The Minority Leader, Dr. Cassiel Ato Forson has criticised President Akufo-Addo over the emergency parliamentary session which was at the request of the Majority caucus on Friday, May 17.He argued that there was no genuine emergency warranting the recall of Parliament to...

Kagame, Dangote discuss investment, intra-Africa trade

Rwanda 18/05/2024 | 16:02

Africa-Press - Rwanda. President Paul Kagame, on Saturday, May 18, met with Nigerian billionaire Aliko Dangote in Kigali and discussed opportunities for partnership, investment as well as increasing intra-Africa trade.Dangote, the richest man in Africa, was in Kigali for the Africa CEO Forum, a...

Standard Chartered Bank, NMG seek joint ventures

Uganda 18/05/2024 | 15:58

Africa-Press - Uganda. Nation Media Group Uganda (NMG-Uganda) and Standard Chartered Bank are strengthening their partnership to foster mutual growth and community impact.In a courtesy meeting at NMG-U’s headquarters in Namuwongo, Kampala, Ms Susan Nsibirwa, the Managing Director of NMG-U,...

Minister of Energy already in Dundo for the inauguration of the dam

Angola 17/05/2024 | 18:18

Africa-Press - Angola. The Minister of Energy and Water, João Baptista Borges, arrived this Friday morning, in the city of Dundo, Lunda-Norte province, for the inauguration of the Luachimo hydroelectric dam.The minister's agenda also foresees the laying of the first stone for the construction...

Spiro Rwanda launches first automated swap station in Kigali

Rwanda 17/05/2024 | 16:01

Africa-Press - Rwanda. Kigali, Rwanda. May 16, 2024 – Spiro, Africa's largest electric vehicle (EV) player, celebrated a significant milestone yesterday with the launch of its first automated swap station in Kigali. The event, held at Spiro's main showroom, marked the beginning of a series of six...

Sonangol announces soon publication of 2023 results

Angola 16/05/2024 | 17:57

Africa-Press - Angola. The Chairman of the Board of Directors of Sonangol (PCA), Sebastião Pai Querido Gaspar Martins, announced this Thursday, in Luanda, the soon publication of the final results achieved by the oil company, during the economic year 2023.Sebastião Martins spoke to the...

Let’s move away from the traditional ways of doing credit scoring in Ghana – Bawumia

Ghana 16/05/2024 | 17:18

Africa-Press - Ghana. Vice President Dr Mahamudu Bawumia has said two things are critical for Africa’s financial inclusion agenda.First, he said, is the need for a digital identity for all citizens and, second, a mobile money interoperability allowing banks and mobile money (MoMo) accounts...

The inflation rate stood at 1.7% in April 2024

Cape Verde 16/05/2024 | 15:56

Africa-Press - Cape verde. In April 2024, the Consumer Price Index (IPC) registered a monthly variation rate of 0.1%, decreasing by 0.3 pp compared to the previous month, as revealed today by INE.The accumulated rate of change in the IPC was 0.0%, a rate 0.3 pp lower than that observed in the...

IRAN AIMS TO EXPAND ITS ECONOMIC FOOTPRINT IN NAMIBIA

Namibia 16/05/2024 | 12:51

Africa-Press - Namibia. Iran has announced new investment plans in Namibia, including the possibility of establishing an oil refinery and oil storage facilities in Walvis Bay.Iran’s ambassador to Namibia, Seyed Ali Sharifi, made this announcement at a business event for small and medium-sized...

Sudan scrambles to repair pipelines carrying South Sudan’s oil

South Sudan 16/05/2024 | 11:56

Africa-Press - South-Sudan. Sudanese authorities are rushing to repair ruptured pipelines transporting South Sudan’s crude oil to international markets via Sudan, the country’s sovereign council said.Malik Agar, deputy chairman of the Transitional Sovereign Council, was briefed on efforts...

“I will fix Malawi’s ailing economy within 2 years”- Mutharika

Zambia 16/05/2024 | 00:51

Africa-Press - Zambia. Former President Peter Mutharika on Sunday, May 12, 2024 vowed to rebuild and make Malawi better again within two years if elected in next year’s presidential elections.Mutharika, who is also Democratic Progressive Party (DPP) leader, was addressing a massive rally at...

Mwenifumbo excited with taking off $26 million water project in Karonga: To benefit 184 000 residents

Malawi 16/05/2024 | 00:40

Africa-Press - Malawi. Northern Region Water Board (NRWB) chairperson Frank Mwenifumbo says he is excited with the major step taken in the Karonga Water Supply Project has taken place on Lake Malawi, where engineers have completed laying the new raw water pipeline from the shore to about 1...

More Than Half Of Zimbabwean Population In Need Of Food Aid

zimbabwe 15/05/2024 | 17:39

Africa-Press - Zimbabwe. More than half of Zimbabwe’s population will need food aid this year after an El Nino-induced drought decimated crops and livestock during the 2023/24 summer cropping season.This is based on the Second Round of Crops, Livestock and Fisheries Assessment of April 18,...

Completion of Rwanda’s new airport extended to 2028

Rwanda 15/05/2024 | 16:13

Africa-Press - Rwanda. Rwanda’s new airport in Bugesera District is expected to start operating in 2028, RwandAir CEO Yvonne Manzi Makolo announced during the Qatar Economic Forum in Doha, on May 15.Construction works were previously scheduled to be completed in 2026. With an estimated $2...

Minister Joof tours Diamniadio, Sandiara industrial sites in Dakar

Gambia 15/05/2024 | 06:10

Africa-Press - Gambia. The Minister of Trade, Industry, Regional Integration and Employment, Hon. Baboucarr Ousmaila Joof, led by his Senegalese counterpart Dr. Serigne Gueye Diop, minister of Commerce and Industry, visited Diamniadio and Sandiara industrial sites in Senegal.At Diamniadio...

Cannabis officials says they don’t know how much money Malawi is making from the product

Malawi 15/05/2024 | 02:25

Africa-Press - Malawi. Four years since the legalization of industrial hemp in the country, the Cannabis Regulatory Authority says data has not yet been documented on how much money has been realized from the export of the crop.The move has promoted the Center for Social Accountability and...

Govt adjusts cash transfer amount upwards by 57 percent because of devaluation

Malawi 15/05/2024 | 02:21

Africa-Press - Malawi. The government, in conjunction with donors supporting social protection interventions, has revised cash transfer amounts upwards by 57 percent.This means beneficiaries will now receive a minimum of about K17,000, up from K9,500 on average.While commending some...

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