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Jacob Zuma, South Africa’s embattled and controversial president, has announced his resignation in a televised address to the nation.
“I have to come to decision to resign with immediate effect,” he said late on Wednesday in Pretoria.
Zuma’s resignation followed …
Continue readingFormer Liberian president Ellen Johnson Sirleaf has become the first woman to win a coveted $5m prize for African leadership. Sirleaf won the Mo Ibrahim Prize for Achievement in African Leadership on Monday in recognition for her efforts to rebuild …
Continue readingZimbabwe is set to receive investment guarantees worth $1.5bn as the country works on boosting investor confidence after being starved of foreign direct investment for more than two decades.
According to the Reserve Bank of Zimbabwe (RBZ), the African Export-Import …
Continue readingThe UN on Thursday said more than $1 billion in funding was needed this year to help millions of people affected by Boko Haram’s Islamist insurgency in northeast Nigeria.
The humanitarian co-ordinator in Nigeria, Edward Kallon, said “life-saving emergency assistance …
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George Ogola, University of Central Lancashire
In a move that has exposed Kenya’s fragile democracy, the government recently shut down the country’s three biggest TV stations.
This unprecedented, unlawful…
Continue readingPresident Donald Trump through the United States Agency for International Development (USAID) has announced a donation of $89 million in additional development assistance to Nigeria.
This he said was in continuation of US’ support for development goals outlined in a …
Continue readingNigerians, like citizens of many large countries, often prioritise news on domestic affairs over what goes on outside their borders. However, as regional or global powers, such countries also need to be well informed about developments around the world, especially …
Continue readingBritain’s export finance agency will add the naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency.
The naira will become one of three West African currencies that …
Continue readingIn characteristic Kenyan humour, Kenyans on social media described the shutdown of four television stations as an exercise of the long arm of the government. Simply put, the government denied the audience access to information, leaving it with blacked out …
Continue readingPrices, when left alone, “miraculously” direct all resources, including labour and capital, to their most productive uses.
Examine the South African economy to find any activities that are carried out on a basis of voluntary exchange between individuals, under circumstances …
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