Economy & Business Africa

[COSATU] The Congress of South African Trade Unions (COSATU) joins millions of South Africans in celebrating Freedom Day. On this day 31 years ago, millions stood in snaking queues determined to make their voices heard via the power of their vote. For the majority, the exercise of this democratic right represented more than the act, placing that X on a single ballot paper also honoured the generations of forebears who were denied that right.

Africa advised to establish its own credit rating ecosystem  New Business Ethiopia

U.S. considers investment in Africa’s most ambitious gas pipeline project  Business Insider Africa

[Capital FM] Nairobi — President William Ruto’s unexpected attendance at Pope Francis’ funeral in Rome on Saturday has sparked a fresh wave of criticism, particularly after he had earlier nominated National Assembly Speaker Moses Wetangula to represent Kenya at the event.

[Addis Standard] Addis Ababa, — General Mohamed Berrid, Inspector General of Morocco’s Royal Armed Forces and Commander of the Southern Zone, is on a four-day official visit to Ethiopia aimed at strengthening military cooperation and expanding collaboration into cybersecurity, artificial intelligence, and defense industries.

[This Day] Abuja — The Nigeria the African Continental Free Trade Area (AfCFTA) Coordination Office, has endorsed the launch of the first-ever AfCFTA Hackathon in in the country with N20 million grand prize.

[Shabelle] Mogadishu, Somalia — Somalia’s Deputy Foreign Minister Isaak Mohamud Mursal officially welcomed his Russian counterpart, Mikhail Bogdanov, Deputy Foreign Minister and Special Representative of the Russian President for the Middle East and African Countries, upon his arrival at Aden Abdulle International Airport in Mogadishu on Saturday.

[This Day] Abeokuta — The senator representing Ogun West senatorial district at the National Assembly, Solomon Olamilekan Adeola has said that President Bola Tinubu saved Nigeria’s economy from total collapse by removing fuel subsidy and floating the naira.

[Egypt Online] Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty reaffirmed Egypt’s firm rejection of any attempt to forcibly displace Palestinians, calling this stance a fundamental part of Egypt’s strategy to defend the Palestinian cause.

[Daily Trust] The Chairman of the Senate Committee on Appropriation, Solomon Adeola (Yayi), has alleged that former President Muhammadu Buhari’s government borrowed over 400billion dollars in order to stabilise the naira against the US currency.