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Africa’s Cannabis Industry Projected To Value At $7 Billion By 2023
A new analysis has projected Africa’s cannabis industry to grow beyond a valuation of $7 billion by 2023 due to increasing demand and legalization of the plant across the continent. Danie Nel, the Chief Executive Officer of South African pharmaceutical company Afriplex, confirmed the immense potential of the cannabis industry to the continent’s economy, from…
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Were Politicians Targeted In Somalia’s Latest Suicide Bomb Attack?
Somalia’s security agencies have reported the death of at least 13 people after a suicide bomber detonated explosives in a popular restaurant in the central Somali town of Beledweyne known for its politician-clientele, a day before the first round of voting in the town. The attack on Saturday which was claimed by the Al-Shabaab Islamist militant group is one…
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Endemic: Wild Polio Resurfaces In Malawi After Five Years
Malawi has recorded an outbreak of the Wild Poliovirus in the country’s capital Lilongwe after a three-year-old girl was reported to have developed the virus investigated to be similar to a strain circulating in Pakistan. The highly infectious wild poliovirus, a major cause of total paralysis in children was last detected in Nigeria’s Borno State…
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Fragile Five: African Economies With Rising Debt Risks
A recent report by the Standard Bank Group has revealed five heavily indebted African countries on the verge of debt risks over the next two years as the era of pandemic-induced relief aid draws closer. According to the leading lending institution, the five countries categorized as the ‘Fragile Five’ risk loan denials from global lenders…
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BioNTech To Kickoff Modular Vaccine Factories In Africa
German pharmaceutical company, BioNTech has finalized plans to establish vaccine factories in Africa in order to increase the availability of the vaccine in Africa. The company would ship containers fitted with the equipment necessary to make the company’s mRNA-based vaccine, save for the final step of putting doses into bottles, a process known as fill…
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Uganda Ordered To Pay DR Congo $325 Million In Reparations
The International Court of Justice has ordered Uganda to pay the Democratic Republic of the Congo (DRC) $325m in reparations over a brutal war between both countries that began in the late 1990s. The order comes more than 15 years after the UN court ruled in a complex, 119-page judgement that fighting by Ugandan troops…
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Fact Check: Does Tesla Want Customers To Return Their Cars?
If you are currently driving Tesla’s Model S or Model X (2006 to 2022), Model 3( 2017-2022), and Model Y (2020-2022) vehicles, then you might need to return it, according to the latest report by the electric car brand. Tesla Inc has announced it would recall 53,822 U.S. vehicles with the company’s Full Self-Driving (Beta)…
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Infographics: How Bad Is The Drought Situation In Somalia?
According to a new report by Save the Children NGO, the drought crisis in Somalia is the worst it has been in 100 years, forcing millions of families to leave their homes in search of food and water. ·Save the Children ran a multi-sectoral rapid needs assessment of 1,770 randomly selected households – encompassing 12,539…
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Covid-19 Vaccine Donations To Nigeria: The Story So Far In Infographics
It is safe to say that Nigeria and other countries in Africa continue to enjoy vaccine donations from the global north as the world continues the battle against the covid-19 pandemic. According to the Nigerian Primary Health Care Development Agency (NPHCDA), the agency in charge of the vaccine roll-out, Nigeria first received 3.92 million out…
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Food Security: Kenya To Receive Agriculture Loan From World Bank
Kenya is currently in talks with the World Bank for a $200 million loan for various agricultural development projects to improve food security in the country. The loan would benefit various stakeholders in Kenya’s agriculture value chains.Note that the World Bank is already supporting many other projects in the East African country’s agriculture sector valued…