Yang Jiechi (pictured), a member of the political bureau and also director of the office of the Foreign Affairs Commission of the Central Committee of the Chinese Communist Party (CCP), paid an official visit to Algeria from October 10 to 11, 2020. This was part of "the exchange of visits between officials of the two countries to strengthen and promote ties of friendship and cooperation between...

Union Bank of Nigeria will benefit from a $40 million facility from the International Finance Corporation (IFC) as part of the institution’s Global Trade Finance Program. This allows the Nigerian bank to benefit from the program's guarantee facility which protects against the risk of non-payment on commercial transactions. Union Bank plans to increase its lending to local commercial...

The European Union says it will help Mozambique kick Islamist rebels out of its territory. The announcement was made by Antonio Sanchez-Benedito Gaspar (pictured), an EU ambassador to Mozambique. The decision is a response to the request made last September by the Mozambican government in Brussels for EU assistance in the fight against the exactions of terrorist groups. Among other things, the...

The South Sudanese government is considering abandoning the local currency, the South Sudanese Pound, to better cope with the current economic crisis and the depreciation of the currency. The information was reported on October 9 by Michael Makuei Lueth, the minister of information and broadcasting. The coronavirus pandemic has led to a drastic drop in oil prices, therefore dropping the...

The COVID-19 pandemic has brought to the fore the need to address structural inequalities in healthcare access. Analysis projects several pathways by which government efforts to reduce the spread of the disease will affect health systems in Africa. This webinar will bring together global experts from civil society organizations, the Africa Centres for Disease Control and Prevention (Africa CDC),...

Although the Covid-19 pandemic is not yet over, we are already able to draw some initial lessons from this unprecedented health and economic crisis that has impacted the entire world. The meteoric rise of digital technology throughout the world at a time when border closures and lockdown measures have become commonplace has shown us that we have truly gone full speed ahead into the fourth...

Tanzania’s leading digital, technology and communication company, Vodacom Tanzania has opened its M-Pesa API in a move set to entice local and international developers into creating innovative new use cases for the leading mobile payments service. Vodacom M-Pesa, the country’s leading mobile financial system has undergone lots of transformation over the years including a historic migration...

The Resource Mobilization and Partnerships Department (FIRM) of the African Development Bank will hold its second virtual Business Opportunities Seminar (e-BOS) from 8:00 a.m. to 14:00 p.m. GMT on Tuesday, October 13, and from 11:00 a.m. to 17:00 p.m. on Wednesday, October 14. The two-day webinar will offer individual and consulting firms, civil contractors, manufacturers, suppliers, and...

The African e-commerce giant Jumia announced on Wednesday, October 7, 2020, its entry into the video game segment. The company partnered with Mondia, a mobile technology company to launch Jumia Games on the JumiaPay application. In its first phase, the gaming service will be available in five African countries, namely Egypt, Nigeria, Morocco, Kenya, and Ghana. Tunisia and Côte d'Ivoire are...

The South African government has set a series of infrastructure projects to be implemented over the coming years. The plan, valued at about $135 billion, is to make the economy more resilient, especially after the pandemic period that has deeply disrupted the global economy. This a multiphase program that focuses, in phase I, on 62 priority projects. According to the Public Work Minister...