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Africa News

Pesalink, PAPSS enable local currency cross-border payment

  The 2023 World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent Nairobi, Uganda | THE INDEPENDENT | Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border …

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Somalia parliament approves new constitution

The new constitution extends the presidential term from the current four years to five years. It also stipulates that the president will be elected by parliament, while members of parliament will be chosen directly by citizens. MOGADISHU, SOMALIA | Xinhua | Somalia’s bicameral parliament on Wednesday approved the country’s new …

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Over 200 killed in mine collapse in DRC

KINSHASA, DRC | Xinhua | More than 200 people were killed on Tuesday in a mine collapse in eastern Democratic Republic of the Congo (DRC), the DRC government said Wednesday. The incident occurred at the Rubaya mining sites, known for the coltan resources, in North Kivu province following “exceptionally heavy …

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Visa-free travel seen as key to unlocking AfCFTA growth

More than half of intra-African travel still requires visas before departure – slowing intra-continental trade Addis Ababa, Ethiopia | THE INDEPENDENT | African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s economic transformation …

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Uganda’s dilemma on Sudan

  Analysts say Museveni-Dagalo meeting has created ‘political normalisation of RSF’ Kampala, Uganda | IAN KATUSIIME | Uganda’s mediation role on Sudan, which has been locked in a civil war for almost three years, has caused consternation among those watching the conflict and hoping for a peaceful resolution. Last November, President …

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EAC to convene 25th summit in Tanzania’s Arusha

DAR ES SALAAM, TANZANIA | Xinhua | The heads of state of the East African Community (EAC) will hold their 25th ordinary summit on March 7 in the northern Tanzanian city of Arusha, the bloc announced Monday. The summit, themed “Deepening Integration for Improved Livelihoods of EAC Citizens,” will bring …

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Uganda seeks political fix over new South Sudan tax

Kampala, Uganda | THE INDEPENDENT | Uganda’s lucrative export corridor to South Sudan is facing fresh turbulence after some 1,000 trucks were stranded at Nimule border, following the introduction of a new electronic permit levy by the Government of South Sudan. Appearing before Parliament’s Public Accounts Committee (PAC) on Thursday, …

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