Soil fungus threatens banana growth in Africa
Bananas in Africa are threatened by a soil-borne fungus, Fusarium oxysporum (Foc TR4), which has caused significant losses in other...
Foreign
Latest global stock market indices
The following are the indices of major stock markets worldwide for Wednesday. In Asia, the Shanghai Composite Index opened at...
Uganda, Rwanda power connectivity project back on track
Projects for power connectivity between Uganda and Rwanda are back on – profiting from warming relations between the two sides...
World Bank suspends $1bn worth of project funding in DR Congo
The World Bank has suspended funding for humanitarian and development projects in Democratic Republic of Congo worth more than $1...
Yuan strengthens to 6.9506 against dollar
Beijing, May 16, 2023: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 148 pips to...
ECA urges policies to attract green investment, boost trade
Abuja, May 16, 2023: Economic Commission for Africa (ECA), says Africa should promote policies and infrastructure development to attract green...
Uganda begins anti-venting law to prevent gas flaring
The Ugandan National Government says it has drawn lessons from Nigeria and other African countries by enacting anti-venting law which...
G-7: Finance chiefs address global economic, U.S. debt crisis looms
Group of Seven (G-7) finance chiefs have warned of heightened uncertainty and vowed to take actions to ensure financial stability...
China’s Oppo to shut down chip design unit as Smartphone sales slump
Chinese smartphone maker, Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and...
ICIEC signs €36m Sovereign Non-payment Insurance with banks
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), signed additional €36 million uplift to the existing...
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