Africa

Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps

Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic.


Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff

After being notified of an arrest warrant against him, a former CEO of Steinhoff was found dead in what authorities suspect to be a suicide...

South Africa's Return To Office Gets Middle Finger From Employees Office-Based Work Policies Increase in 2024

South Africa's return-to-office efforts get a middle finger from employees. Office-based policies are now increasing...

State, Provinces & Regions To Materialize Pledges For Global Warming Advocacy

The worldwide pledge to conquer climate change is being materialized...


Latest News

East Africa Islamic Finance Summit 2016 Will Be Held to Discuss Islamic Finance
The summit will provide a platform for foreign investors, African companies, and regulators to meet, discuss relevant issues, and form relationships. East Africa has a strong potential to develop Isla
Obesity in Children Increased Dramatically, WHO Seeks Political Commitment In Tackling The Issue
Childhood obesity has increased drastically worldwide and WHO seeks political involvement in handling the issue. About 48% of obese and overweight children aged 5 and below reportedly belong to Asia
South African House Prices to Decline in 2016, According to Retail Bank
South African retail bank said the country's house price will decline in this year. Fitch Ratings also remarked South African residential property and mortgage markets outlook to weaken further facing
Drought leaves SA farmers owing $7.5 bln to banks
The debt burden of South African farmers reached to over Rand 125 billion ($7.5 billion). The total debt of farmers was up 14 percent in 2015 to Rand117 billion. Economists alert that the prevailing s
African startups commence 2016 with $10mln investment
Technology startups in Africa may get $10 million funding in early 2016 as Silvertree Capital sees the rosy picture. Silvertree Internet Holdings is keen on scaling technology and commerce companies
Lower oil prices to check inflation in Kenya
The Kenyan government is hoping to control inflation rate with the support from lower oil prices. Lower oil prices are supporting the Kenya's economy as the growth rate is expected to be six percent i
Citigroup cancels airline credit facility
After the cancellation of short-term credit facility from Citigroup, South African Airways is in the process of getting guarantee support from the government. South African Airways has had seven CEOs
Yen retreats after higher guidance on Yuan
After rising over three percent recently, Japanese Yen eased after the strong guidance on Yuan by China's central bank. The Greenback against Japanese currency fell to its lowest level since August 20
Following Turbulence in China, Asian Stocks Stumble and Rand Sinks
Asian market hit a worst week starting the 2016 trading. Global market also slipped following the turbulence in China.
South Korea and China to Cooperate in Disarming North Korean Nuclear Weapon
China seeks to disarm North Korea nuclear weapon. Beijing has initiated dialogue with South Korea after North Korean conducted its fourth nuclear test on Wednesday.
1 2 3 4 5 6 7 8 9 10  next page
Real Time Analytics