The expiration of President Donald Trump’s 90-day suspension of U.S. humanitarian aid on April 20 raised hopes for the return of crucial funding across Africa and other heavily impacted regions. Trump’s 90-day suspension of U.S. humanitarian aid expired on April 20 The suspension caused devastating blows to Africa’s healthcare industry Deep scars are left across…
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Johann Rupert, South Africa’s richest man, had a considerable increase in his wealth in April compared to last month, consolidating his status as one of Africa’s most influential industrialists. Johann Rupert’s net worth increased from $13.7 billion at the start of the year to $15.3 billion in April. He is Africa’s second richest man and…
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On the 25th of April, Bloomberg reported that ‘a large fuel-production unit at Nigeria’s Dangote Oil Refinery’ was undergoing maintenance. However, the Dangote Refinery has come out to dispute this report. Dangote Refinery disputes reports of fuel production unit undergoing maintenance. Spokesperson claims refinery is loading millions of litres of fuel daily. Initial report claimed…
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The World Bank projects that economic activity in Sub-Saharan Africa will climb from 3.3% in 2024 to 3.5% in 2025, and further accelerate to 4.3% by 2026–27. Economic activity in Sub-Saharan Africa projected to increase from 3.3% in 2024 to 3.5% in 2025, and further to 4.3% by 2026-27. Growth being weighed down by largest…
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A mining company backed by U.S. billionaires Bill Gates and Jeff Bezos is expanding operations in the Democratic Republic of Congo’s rich mineral sector. US mining company, backed by Gates and Bezos, expanding operations in DR Congo for rare minerals US investors, including Gates and Bezos, have raised $1bn for mining operations in DR Congo…
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Tanzania has decided to lift a ban on imports of agricultural produce from Malawi and South Africa, just days after imposing it Tanzania lifted the ban on agricultural imports from Malawi and South Africa Ban was initiated in response to trade restrictions imposed by neighboring countries Tanzania cited trade imbalances and lack of reciprocity as…
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