Burna Boy, Davido, Wizkid, Asake win big at ceremony

The All Africa Music Awards ceremony, commonly known as AFRIMA took place in Senegal with several Nigerian artistes winning several prominent awards. It could be recalled that the nominations were announced on the 24th of September, with prominent Nigerian singers on the list, including Burna Boy, Davido, Wizkid, Adekunle Gold, Brymo, Rema, Lojay, Kizz Daniel,

Kenya, Nigeria tread a fine line after Ghana debt default, analysts say

Are other African sovereigns likely to follow? None are flashing red right now, analysts say. But Kenya, Egypt and Nigeria are the African sovereigns which “stand out” due to the high proportion of government revenue used to make interest payments, says Frank Gill, sovereign specialist at Standard & Poor´s Global Ratings. Kenya

Ghana extends domestic debt exchange deadline for third time

ACCRA – Ghana has again extended the deadline to register for its domestic debt exchange, this time to Jan. 31, Finance Minister Ken Ofori-Atta said on Monday. The crisis-hit nation launched the debt swap plan at the start of December, days before clinching a staff-level agreement with the International Monetary Fund (IMF) for a $3

Tanzania defers SAATM accession – ch-aviation

Tanzania will not join the Single African Air Transport Market (SAATM) in the next five years, according to permanent transport secretary Gabriel Migire. “Liberalisation of African skies is a good idea, but we need to open it strategically,” Migire told The Citizen newspaper. “Let’s give ourselves five years to pave the way to preparing local

South Africa: Ramaphosa Skips WEF In Switzerland To Address Worsening Power Cuts

By Enyichukwu Enemanna South African President, Cyril Ramaphosa is to miss the 2023 World Economic Forum (WEF) taking place in Davos, Switzerland from Jan. 16 — 20 as power cuts cripple his country’s economy, his spokesman announced on Sunday. WEF is an annual meeting where global elite of business leaders, politicians and economists make bold