The Unemployment Insurance Fund (UIF), an entity of the South African employment ministry, announced the disbursement of R14.079 billion (about $765 million) to support workers affected by the lockdown measure ordered by the government to contain the coronavirus pandemic.
According to Teboho Maruping (pictured), the UIF Commissioner, the aid has benefited a total of 2,551,236 workers since April 16. South Africa is one of the most affected countries on the continent with 16,433 confirmed cases, 7,298 recovered patients, and 286 deaths.
On April 21, President Cyril Ramaphosa announced an additional response plan of $26 billion (about 10% of the country’s GDP) to deal with the economic and social impacts of the pandemic.
Borgia Kobri
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Global South Utilities (GSU) has begun building a 5 MWp hybrid solar plant with 5 MWh battery st...
On November 13, 2025, the U.S. government reopened after a 43-day shutdown, the longest in its history. The move was met with relief by agricultural...
In the Gulf of Guinea, oil producers have steadily multiplied. Nigeria paved the way, followed by Niger, Ghana and, more recently, Côte d’Ivoire. Benin,...
SENELEC to electrify 6,471 villages by 2029 $724 million programme backed by World Bank support Senegal targets universal access, expanding gas and...
Most food traded within West Africa moves by truck and largely escapes official records, highlighting both the scale of informal cross-border commerce and...
While Afrobeat has evolved into what is now known as Afrobeats, there is little dispute that the movement was pioneered by Fela Kuti. A musical genius and...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...