As they move their country toward democracy and elections, Sudan officials are hoping that a massive economic boost the international banking community provided this week will wipe out decades of debt and bring stability. “The transitional governmen…
The COVID-19 pandemic has stifled many sectors of the global economy. But it has apparently boosted the business of fraudsters. Experts note that some fraudsters have taken advantage of the new opportunities of the pandemic economy and that they seem t…
Aid agencies are racing against time to provide temporary shelter for more than 16,000 Ethiopian refugees in Sudan whose tents were swept away during violent storm surges over the past few weeks. The storms, which began in late May and gathered intensi…
NAIROBI – A global development organization says women run more online businesses in Africa, but face greater challenges than online firms led by men.The International Financial Corporation, which is the arm of the World Bank that helps the private sec…
The U.N. World Food Program says southern Madagascar is in the throes of back-to-back droughts that are pushing 400,000 people toward starvation and have already caused deaths from severe hunger.Lola Castro, WFP’s regional director in southern Africa, …
A new container terminal has opened at Berbera in the breakaway region of Somaliland, as part of an effort to build a major regional trade hub.Port operator DP World opened the shipping facility Thursday during ceremonies attended by a high-level Ethio…
South Sudan’s government says it has lost more than $4 billion in unpaid oil taxes since the country gained its independence a decade ago.Vice President James Wani Igga, who chairs the country’s economic cluster, said the government is enacting measure…
Uganda’s reinstatement of a coronavirus lockdown through the end of July is squeezing the ability of many people to earn a living. Street market traders are forced to bicycle, walk long distances or just sleep in the market. With coronavirus infections…
