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Akufo-Addo wins Ghana’s Election 2020 In “Electoral College” Fashion

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President of Ghana Nana Addo-Danquah Akufo Addo has won re-election to form a new government for a final four-year term. This follows a final declaration by the independent electoral commission of the results of the December 7 2020 general elections held in the West African nation. Ghana's Electoral commissioner Jean Mensah made the declaration...

Zambia’s first President Dr.Kenneth Kaunda has died

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Zambia’s first Republican President, Dr. Kenneth Kaunda has passed away, his son Kambarange Kaunda confirmed.“…I’m sad to inform, we have lost “Mzee”.Let’s pray for him…” Kambarange said. Dr.Kaunda was 97 years old. He was admitted to the Maina Soko Military hospital earlier this week. Dr.Kenneth Kaunda was first the President of...

Naira Weakens to Four-Year Low as Nigeria’s Dollar Push Fails

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Nigeria’s currency weakened to a four-year low in the parallel market after the central bank’s efforts to coax banks to sell more dollars to customers failed to bridge the widening gap between the official and street rates. Unauthorized dealers were offering the naira at 502 per dollar on Wednesday from 500 last week according...

Ghana Shows Uneven Recovery as Growth Slows in First Quarter

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Ghana’s economic growth slowed in the first quarter as the recovery from last year’s slump struggles to gain momentum. Gross domestic product expanded 3.1% from a year earlier, compared with 3.3% in the three months through December, Government Statistician Samuel Kobina Annim told reporters Wednesday in the capital, Accra. The economy grew 0.8% from...

World Bank, AU partner to deploy vaccines for 400M Africans

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KIGALI, Rwanda The World Bank and the African Union (AU)'s COVID-19 Africa Vaccine Acquisition Task Team (AVATT) decided to work together to deploy vaccines for 400 million Africans. This was agreed at a meeting between David Malpass, the president of the World Bank, and AVATT to discuss modalities to accelerate vaccine...

Ghana’s Oil Mogul Dr. Kwame Kyei Of Unity Oil Is African Energy Leadership Personality of The Year

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The 9th Edition of the African Leadership Magazine ‘Persons of the Year’ Award Committee, has unveiled Dr. Kwame Kyei as the African Energy Leader of the Year (2020). The African Leadership Magazine Personality of the Year Award is an annual prestigious award scheme, which recognises African trail-blazers driving change, making impact and contributing to...

South Africa commits to helping fight climate change

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JOHANNESBURG - South Africa’s president has told the G7 summit that his country is determined to contribute its fair share towards the global effort to address climate change challenges. “South Africa gives its continued full support for the UN Framework Convention on Climate Change, the Paris Agreement and multilateral environmental agreements such as the UN...

South Africa to Dispose of 2 Million Contaminated J&J Vaccines

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South Africa will dispose of 2 million Johnson & Johnson Covid-19 vaccines following a US ruling that ingredients for the country’s doses may have been contaminated during production in a plant in Baltimore, according to President Cyril Ramaphosa. The news marks a major setback in the country’s vaccine rollout just as a third wave...

Tanzania to Add Gold to Reserves, Resume $3 Billion Iron Project

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Tanzania launched a new gold refinery as its central bank plans to start buying the metal to diversify its reserves. The Mwanza Precious Metal Refinery Ltd. is able to process 480 kilogrammes of gold per day, and plans to double the capacity in a few months, Tanzanian President Samia Suluhu Hassan said in a...

South Africa Sells State Airline to Private-Equity Venture

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South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General...

Guinea: African Development Bank approves $430,000 grant for Ebola emergency relief project

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The Board of Directors of the African Development Bank has approved a $430,000 grant to Guinea to fight the spread of the Ebola hemorrhagic fever epidemic throughout the country. Since mid-February 2021, Guinea has been facing a resurgent Ebola-related epidemic, following the major crisis of 2014. This new epidemic comes against the backdrop of...

BioNTech prepares expansion into Africa alongside EU

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BioNTech is planning a push into Africa, aiming to establish mRNA vaccine production facilities on the continent as part of a long-term effort to tackle diseases beyond Covid-19. The German biotech’s plans come as the EU moves to bolster vaccine manufacturing capacity in Africa, which imports more than 99 per cent of the...

World Needs Congo Copper to Kick Fossil Fuels, Billionaire Says

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An African nation emerging from decades of conflict and corruption holds the key to greening the global economy. That’s the view of mining magnate Robert Friedland, whose Kamoa-Kakula venture just started producing copper in the Democratic Republic of the Congo. After scouring 59 countries over more than three decades, the Canadian billionaire says Congo...

Somaliland Opposition Group Wins State’s First Vote In 16 Years

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Opposition parties in the breakaway Somali region of Somaliland won control of parliament in last week’s elections, the National Electoral Commission said. The Somaliland National Party, known as Waddani, garnered 31 of the assembly’s 82 seats, while the Justice and Welfare Party got 21, the commission said in a statement Sunday in the capital,...

Tanzania May Start Building $30 Billion LNG Project in 2023

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Tanzania plans to begin the construction of a delayed $30 billion liquefied natural gas project in 2023, following the resumption of talks with companies including Equinor ASA. Construction is expected to take about five years, Energy Minister Medard Kalemani told lawmakers on Thursday. The project gained momentum after President Samia Suluhu Hassan...

Prophet T.B. Joshua is dead at 57

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Temitope Balogun Joshua, a frontline Nigerian preacher and televangelist, has died, family sources told Peoples Gazette. Mr Joshua, the founder of The Synagogue, Church Of All Nations (SCOAN), died in Lagos on Saturday evening shortly after concluding a programme at his church, The Gazette learnt from family sources who did not want to be...

Dominant Japan humiliate Ghana in a friendly

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Frank Assinki nearly caused a howler on the 4th minute after losing a possession in the box, ball falls on Takefuso Kubo but his strike was straight at the Ghanaian goalie.   The Japanese drove forward again as Hiroki Sakai sent a fine cross from the right but goalkeeper William Esso's tips saved the situation. 

Nigeria’s Twitter ban sends a poor message to investors: U.S.

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The United States has criticised the ongoing Twitter ban in Nigeria, saying it undermines the fundamental rights of citizens and sends a poor message to investors and businesses. The U.S. mission in Nigeria said this in a short statement dated June 5, 2020, a day after the Nigeria government ordered the indefinite suspension of...

Africa’s continental parliament suspends sessions after chaos

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The Pan-African Parliament (PAP) in Johannesburg, South Africa has announced the suspension of its 4th ordinary secession after days of scuffles between some lawmakers over the election of new office bearers.  “The suspension follows disagreements and disruptions that transpired during the procession of the plenary on 31 May and 01 June 2021 as the...

ECOWAS suspends Mali following coup

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The Economic Community of West African States (ECOWAS) voted at an emergency summit Sunday to suspend Mali from the bloc following the second coup in nine months by the country’s military. The decision came as West African heads of State met in Ghana’s capital Accra to discuss the prevailing sociopolitical crisis in Mali and...

Malian coup leader invited to regional meeting: Nigerian official

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Malian coup leader, Col. Assimi Goita, has been invited by the Economic Community of West African States (ECOWAS) regional body to discuss political instability in that country, a Nigerian official said Friday.  "On Sunday, the president of Ghana who is the current head of ECOWAS is conveying an emergency meeting of the body's heads...