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At Least 16 Soldiers Die In Latest Boko Haram Attack
Nearly 23 years of terrorizing Nigeria and its neighbouring countries, the Boko Haram group have struck again in Niger. According to Niger’s defence ministry, hundreds of Boko Haram fighters attacked a military post in southern Niger, killing 16 soldiers and wounding 9 more. About 50 Boko Haram attackers were killed in the resulting combat in…
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Which Are The Strongest African Currencies?
Factors such as interest rates, economic policies and stability influence the strength of any currency according to financial experts. Currencies with relatively higher interest rates attract foreign investors, increasing demand and price, thereby making them more robust and tradable. In Africa, some currencies fall in this category. A country’s economic policies also help to keep…
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Which Are The Weakest Currencies In Africa?
Africa’s economy like the rest of the world continues to face prolonged depression due to the breakdown in much-needed commerce as a result of the ongoing Covid-19 pandemic. Some countries have devalued their currencies in order to foster economic growth, but this has not done much good. A weakened currency gives rise to inflation and…
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Benin Confirms Outbreak Of H5N1 Avian Flu
The Ministry of Agriculture in the Benin Republic has confirmed an outbreak of the highly contagious H5N1 avian flu in two districts near the capital Porto Novo. On Wednesday, Benin became the latest West African country to declare an avian flu outbreak, after Ivory Coast identified the disease last week near its commercial capital Abidjan.…
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Heavy Rains Displace Over 1,500 Families In DR Congo
Heavy rains causing floods have washed away over 1500 houses in the Goma region of the Democratic Republic of Congo. Authorities in the area linked the recent eruption of Mount Nyiragongo in the area to have promoted the flooding given that vegetation was wiped out. “It was raining and we were in our houses preparing…
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Covid-19 Infection Surge Threatens Global Oil Demand Growth
A report by the International Energy Agency has shown that global oil demand growth fell dramatically on Wednesday following worsening coronavirus cases. The International Energy Agency (IEA) said that slowing demand for crude in the wake of restrictions imposed to curb the fast-spreading Delta variant is colliding with a recent increase in global crude production.…
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Variant Alert: Scientists Discover Lambda Covid-19 Variant
21 months into the Covid-19 pandemic and the world is used to news of new variants of the virus, particularly those that have, one by one, supplanted previous versions of the disease. In recent months, mutations like the delta variant have usurped other mutations like the alpha variant in terms of transmissibility and the potential to cause hospitalizations in…
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Unemployment Rate In South Africa Rises To 44.4%
Bloomberg reports that the unemployment rate in South Africa has surged to the highest on a global list with 82 countries. According to Statistics South Africa, the unemployment rate rose from 34.4% to 44.4% in the second quarter of the year. In the first three months through March, the unemployment rate was 32.6%. Due to…
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The Struggle For Covid-19 Vaccines In Uganda
Uganda’s struggle to access vaccines to reach its target of inoculating 22 million people seems to be at no immediate end as the world’s rich nations continue to hold onto vaccine doses. The country has only received some 2 million doses of AstraZeneca’s vaccine and 300,000 doses of the Chinese-developed Sinovac shot since inoculation began…
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Nigeria: Bandits Release 15 Abducted Bethel Baptist Students
Parents of 15 kidnapped Bethel Baptist Secondary Schools students have secured their release according to recent reports. School administrator Reverend John Hayab told Reuters news agency on Sunday that parents had raised and paid an undisclosed ransom to free the students, who were among more than 100 taken on July 5 from the Bethel Baptist High School…