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Pointe Noire- Brazzaville highway opens Congo up for sub-regional trade

The previously abandoned road connecting the Republic of Congo’s capital, Brazzaville to its port city Pointe Noire has become a major route for the...

Malawi to introduce new 2,000 kwacha bank note

Malawi’s Reserve Bank has announced that it is introducing a 2,000 kwacha equivalent to $2.80 bank note. This will take effect from December 19...

South Africa’s Eskom CEO resigns over anti-graft watchdog report

South African state power utility Eskom Chief Executive Brian Molefe said on Friday he would step down in January, a week after he was...

S.Africa, Ghana & Nigeria, Africa’s top mobile app users – Internet survey

South Africa ranks highest in Africa with respect to the use of mobile applications. They are followed by Ghana, Nigeria, Kenya and Uganda respectively. According...

Nigeria suffered 3,500 cyber attacks in 2015, lost $450m

The Nigerian government has disclosed that it is taking drastic steps to arrest internet related crimes. The government lamented the loss of over $450...

Leaked emails show top Rio executives knew of Guinea payment

Mist shrouds the Simandou mountains in Beyla, Guinea, June 4, 2014. REUTERS/Saliou Samb/File Photo   Top Rio Tinto executives in 2011 approved a $10.5 million payment...

Ivory Coast bans consumption of sachet alcohol

The Ivorian government on Wednesday banned sachet alcohol, whether sold or for free, to fight against alcoholism. According to Communication Minister Bruno Kone, “the government...

Futures slide as Trump wins U.S. presidential election

U.S. stock index futures sank in the overnight session into Wednesday as a market that had been expecting a victory by Democrat Hillary Clinton...

Global stocks up as nervous markets wager on Clinton winning White House race

Asian stocks rose on Tuesday as world markets braced for the outcome of one of the most contentious U.S. presidential elections in history, with...

South African pension fund seeks central bank approval to increase Barclays Africa stake

Africa's biggest pension fund, Public Investment Corporation, has sought approval from South Africa's central bank to raise its stake in Barclays Africa (BGAJ.J), two...

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