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Hassan Sheikh Mohamud elected as Somalian president

Mogadishu, Somalia | Xinhua | The Somalian parliament on Sunday chose Hassan Sheikh Mohamud as the country’s new president in a third-round runoff in an election that has been delayed for over a year. The 67-year-old Mohamud, former Somalian president in 2012-2017, won 214 votes from lawmakers, defeating incumbent President Mohamed …

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West Africa nears local vaccine production

Accra, Ghana | Xinhua | West Africa edges close to starting local vaccine production for various health conditions in the subregion, an official from the West Africa Health Organization (WAHO) said Friday. Stanley Okolo, the director-general of WAHO, made the remarks at a press briefing after the 23rd Ordinary Meeting …

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Equity, IFC in $165 million partnership to support SMEs

IFC to support Equity’s lending to5 million SMEs under the ‘Africa Recovery and Resilience Plan’ Nairobi, Kenya | THE INDEPENDENT | Equity Group and the International Finance Corporation (IFC) have signed a partnership agreement in support of the sustainable development of Africa through supporting micro, small and medium sized businesses …

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Liquid brings additional subsea cable capacity in Kenya in partnership with PEACE Cable Company

Nairobi, Kenya | THE INDEPENDENT | Liquid Intelligent Technologies, a business of Cassava Technologies, has partnered with PEACE Cable Company to introduce 800Gbps of additional subsea capacity in Mombasa on the highly-anticipated global submarine cable. This will increase the availability of high-performance and reliable Internet connectivity access across Africa, leveraging Liquid’s …

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Aircraft with 11 on board missing in Cameroon

Yaounde, Cameroon | Xinhua | Cameroonian Minister of Transport Jean Ernest Ngalle Bibehe on late Wednesday reported the loss of radio contact with an aircraft with 11 people on board. Bibehe said in a statement the aircraft was located finally in the forests near Nanga Eboko, a locality in the …

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IFC acquires 6.71 pct of Kenya’s Equity Bank

Nairobi, Kenya | Xinhua | The International Finance Corporation (IFC), the private sector lending arm of the World Bank, has acquired a 6.71 percent stake in Kenya’s regional lender Equity Bank, officials said Tuesday. Mohamed Gouled, the vice president of risk and finance at the IFC, said in Nairobi, the Kenyan …

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