Posted in Finance

Uganda’s ‘Taxi Divas’ Rise From Covid-19’s Economic Gloom

The women grappled with each other inside the vehicle. The driver jerked to ease the grip around her neck, then turned to elbow her attacker…

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Mali: Over 100 Jihadist Prisoners Released in Apparent Exchange

More than 100 jihadist prisoners have reportedly been released in Mali in an apparent exchange for a politician and a French aid worker. Agence France-Presse…

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Posted in Finance

UN FAO Pledges $70 Million to Help Sudan Families

The United Nations Food and Agriculture Organization (FAO) has pledged $70 million to support 600,000 Sudanese families affected by severe flooding caused by record heavy…

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Posted in Finance

Illicit Financial Flows Rob African Coffers of $89 Billion a Year

UN Conference on Trade and Development (UNCTAD ) economists say the vast sums of money flowing out of Africa through illegal, corrupt practices are undermining…

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Economists Urge New Economic System for South Sudan

While some South Sudanese experts recommend the government adopt a new economic system used by developing states to cut off black market currency exchange and…

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Western Libya Political Figures Appear to Nix Oil Deal

Opposition from top political figures in Libya’s U.N.-backed government in Tripoli to a deal announced Friday to resume the country’s oil production appears to have…

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Posted in Finance

Africa Looks to Tax Tech Giants as Economic Fallout From COVID Bites

Tax officials in Africa estimate that government revenues will drop between 10 and 30 percent in 2020 as a result of the economic fallout stemming…

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Japan-Owned Oil Tanker Breaks Apart off Mauritius Coast

A Japanese bulk carrier that struck a coral reef last month off the Mauritius coast broke apart Saturday afternoon, the country’s National Crisis Committee said…

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