NAIROBI, KENYA | Xinhua | Bond trading at the Nairobi Securities Exchange (NSE) has hit a record high, boosted by foreign investors seeking to cash in as yields on the securities rise. NSE data released Thursday evening showed that the bond turnover has been on an upward trajectory since Monday …
Read More »Cameroonian schools embrace mother tongue education to preserve cultural heritage
YAOUNDE | Xinhua | On a bright morning at Les Normaliens Lay Private Bilingual School in Foumbot, Cameroon, teacher Belinda Bafon prepared her students for class. Settling in, the children delved into a 30-minute session dedicated to conversing in their mother tongues, a practice central to the school’s curriculum. “Who …
Read More »BMW bets big on Africa’s green hydrogen industry with SA fuel cell test vehicle
BMW hedges its bets on hydrogen fuel cell vehicles, launching a test vehicle in South Africa as the automaker seeks a path to a mass-market model in 2030. SPECIAL REPORT | BIRD AGENCY | BMW has claimed its place as the breakout star in Africa’s race for commercial hydrogen mobility …
Read More »Rwanda presidential, lower chamber elections nominations set for May
KIGALI | Xinhua | The National Electoral Commission (NEC) of Rwanda has announced that it will begin accepting nominations for the positions of president and members of the lower chamber of deputies from May 17-30. “We have started training on electoral laws and regulations governing the presidential and lower chamber …
Read More »South Africa’s economy estimated to grow 1.6% over next 3 years
CAPE TOWN, SOUTH AFRICA | Xinhua | South Africa’s economy is estimated to have grown by 0.6 percent last year and will increase to 1.6 percent over the next three years, Finance Minister Enoch Godongwana said here Wednesday. He made this revelation while delivering the 2024 Budget Speech in Cape …
Read More »Tayebwa to EU: Stop dumping counterfeit electrical accessories in Africa
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament, Thomas Tayebwa, challenged the European Union to stop shipping counterfeit electrical accessories to Africa, arguing that the continent also needs quality and sustainable products. Tayebwa made the call while speaking during the 64th session of the OACPS Parliamentary Assembly and …
Read More »East African Court of Justice fixes dates for EACOP appeal
Arusha, Tazania | THE INDEPENDENT | The East African Court Of Justice has asked activist groups to file a written submission in an appeal seeking to overturn a ruling that sought to block the construction of the East Africa Crude Oil Pipeline (EACOP) project. The regional court sitting in Arusha in …
Read More »DR Congo’s prime minister resigns
KINSHASA, DRC | Xinhua | Prime Minister of the Democratic Republic of the Congo (DRC) Sama Lukonde Kyenge submitted his resignation to President Felix Tshisekedi, the DRC presidential office announced Tuesday on X, formerly Twitter. Sama Lukonde Kyenge was appointed prime minister on Feb. 15, 2021. On Feb. 8, the …
Read More »M23 declares lift of curfew in North Kivu, DRC
North Kivu, DRC | THE INDEPENDENT | The March 23 Movement (M23) has lifted a curfew imposed in areas under its control in North Kivu, Eastern Democratic Republic of Congo. M23 imposed a curfew in areas of Rutshuru, Masisi, and Nyiragongo which it controls in October 2023. Most targeted areas were …
Read More »AfDB: Africa dominates list of the world’s 20 fastest-growing economies in 2024
Uganda among 11 African countries projected to experience a strong economic performance forecast alongside Rwanda, Tanzania and Ethiopia Kampala, Uganda | THE INDEPENDENT | Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook (MEO) …
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