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Covid-19: Alibaba’s Jack Ma donates test kits, masks to Africa

The Chinese business magnate, investor and politician, Jack Ma has announced that he is donating test kits, face masks and other protective suits to...

Morocco to create $1 bln fund to counter coronavirus outbreak

Morocco’s King Mohammed VI ordered the creation of a 10 billion dirham ($1 billion) fund to upgrade health infrastructure and help vulnerable economic sectors...

African countries impose travel bans to fight coronavirus

Many African countries have imposed travel bans meant to prevent further spread of the coronavirus within their jurisdictions. Over 26 African countries have so far...

Bill Gates leaves Microsoft board to focus on philanthropy

Microsoft co-founder Bill Gates is stepping down from the company's board to spend more time on philanthropic activities. He says he wants to focus on...

Dangote wants Nigeria to focus on sustainable and inclusive growth

The president of the Dangote Group, Aliko Dangote has asked Nigeria to do more to drive sustainable and inclusive growth. In a statement, Africa's richest...

Here are the 10 most innovative companies in Africa for 2020

Though the leading companies in Africa are finding solutions to local problems, their applications are relevant well beyond their borders. Twiga Foods, Copia Global, and...

[Photos]: Volkswagen car assembling plant in Ghana all set for take-off

The car assembling plant of German car-maker, Volkswagen appears set for official opening this month. Officials of the company took some Ghanaian government officials round...

Oil price crash sinks world stocks

Global stocks plunged on Monday and prices for crude oil tumbled as much as 33% after Saudi Arabia launched a price war with Russia,...

Tunisia seeks new IMF deal, cuts 2020 growth forecast

Tunisia will seek a new loan deal with the International Monetary Fund (IMF), its prime minister said on Sunday, after slashing the country’s economic...

African airlines lose $400m since outbreak of coronavirus

African Airlines have reportedly lost $400m due to suspension and cancellation of flights to and from China since the outbreak of the coronavirus. Most airlines...

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