Kampala, Uganda | THE INDEPENDENT | Standard Bank has emerged as the most valuable banking brand on the African continent for 2022 in Brand Finance’s annual ranking of the world’s Top 500 Banking Brands, after increasing its brand value by 26% to USD1.583 billion, the financial institution said in a statement …
Read More »Africa’s COVID-19 cases surpass 11 million
Addis Ababa, Ethiopia | Xinhua | Africa has reported 11,077,105 COVID-19 cases as of Thursday evening, according to the Africa Centers for Disease Control and Prevention (Africa CDC). The specialized healthcare agency of the African Union said the COVID-19 death toll across the continent stands at 245,451, and total recoveries at …
Read More »Sudanese leader keen on dialogue for resolving political crisis
Khartoum, Sudan | Xinhua | Chairman of Sudan’s Transitional Sovereign Council Abdel Fattah Al-Burhan on Thursday reiterated the government’s keenness on dialogue with all political forces to reach a unified vision to ensure a safe exit from the current political crisis. Al-Burhan on Thursday met at the Republican Palace in Khartoum …
Read More »Sudan stresses need for binding solution to Ethiopia’s Nile dam issue
Khartoum, Sudan | Xinhua | Sudan on Thursday stressed the need to reach a legal and binding solution to the issue of the Grand Ethiopian Renaissance Dam (GERD), a long dispute between the two neighboring countries. Sudan’s acting Foreign Minister Ali Al-Sadiq and acting Irrigation and Water Resources Minister Daw Al-Bait …
Read More »Mozambique ex-President Guebuza testifies in court over debt scandal
Maputo, Mozambique | Xinhua | Former president of Mozambique Armando Guebuza told the court on Thursday that he assumed responsibility for the creation of the companies EMATUM and MAM, which were later involved in the “hidden debts” scandal. Armando Guebuza spoke at the 6th session of the court hearing, which took …
Read More »Standard Chartered reports record operating profit in Africa and Middle East
Dubai, United Arab Emirates | THE INDEPENDENT | Standard Chartered Bank has reported its highest operating profit since 2015 in the Africa and Middle East region. It its financial results for the full year and fourth quarter ending 31 December 2021 released Thursday, Standard Chartered reported that operating profit grew to a …
Read More »Mbabazi is back – as African security chief
Kampala, Uganda | THE INDEPENDENT | Former Prime Minister Amama Mbabazi has said that torture is unacceptable and goes against the laws of Uganda. In his first media address after several years, Mbabazi said that as a member of the National Resistance Movement party-NRM, one of the things they fought …
Read More »Lt. Col. Damiba sworn in as Burkina Faso president
Ouagadougou, Burkina Faso | Xinhua | Lt. Col. Paul-Henri Sandaogo Damiba was sworn in as the new president of Burkina Faso on Wednesday. The swearing-in ceremony was broadcast live on Burkina Faso’s public television RTB. Damiba, head of the Patriotic Movement for Safeguard and Restoration (MPSR), took his oath in …
Read More »Human traffic still low at Rwanda-Uganda border
Katuna, Uganda | THE INDEPENDENT | Human traffic is yet to pick up at the Uganda-Rwanda border more than two weeks after the Rwandan authorities reopened the borders. The Rwandan authorities reopened the border on January 31st, 2022. President, Paul Kagame closed the borders on February 27, 2019, accusing Uganda …
Read More »COVID-19 amplifies urgency for effective intra-Africa trade, economic recovery
Addis Ababa, Ethiopia | Xinhua | The ongoing COVID-19 pandemic has amplified the sense of urgency in Africa’s quest towards effective and timely implementation of intra-Africa trade and economic recovery, experts have argued. AFRICA’S ECONOMIC RECOVERY The United Nations Economic Commission for Africa (UNECA) anticipates the African economy to continue …
Read More »