South Africa’s rand firms, stocks fall ahead of US inflation data

Reuters The South African rand firmed on Tuesday, boosted by strong commodity prices and confidence in the local economy, and ignoring the expected U.S. inflation data that could lend support to the Federal Reserve’s aggressive policy stance. Investors also brushed aside comments from the South African Reserve Bank (SARB) that surging inflation could derail local…

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Tanzania gears up for second round of mass polio vaccination

By CGTN Africa Tanzania, Zambia and Mozambique will join Malawi in the second round of a regional mass polio vaccination for children under five years beginning end of April. Speaking to the East African newspaper, Dr Saumya Anand, UNICEF’s eastern and southern Africa regional coordinator for polio, said that the trans-border vaccination will start on April…

Over 9.6 Million Covid-19 Recoveries Confirmed Across Africa

As of April 8, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,435,999 while over  273,178,717 vaccinations have been administered across the continent. Reported deaths in Africa reached  252,199 and  9,619,252 people have recovered. South Africa has the most reported cases of  3,728,689  and  100,075 people died. Other most-affected countries are Morocco ( 1,163,806…

MTN gets approval to offer banking services in Nigeria

By CGTN Africa Nigerian regulators have given South African telecommunication giant, MTN the go-ahead to run a conventional commercial bank. MTN, which started operations in Nigeria in 2001, will now be able to offer services offered by commercial banks except granting credit and processing foreign exchange transactions. “The date of commencement will be communicated to the Central…

First All-Women Media Outlet Opens in Somalia’s Capital

Ahmed Mohamed MOGADISHU — Somalia’s first women-run radio and television outlet has opened in the capital, Mogadishu. United Nations-supported Bilan Media will produce content aimed at addressing issues affecting women and champion women’s rights in the conservative country. The launch of Bilan Media in Mogadishu marks another leap in the effort by women to secure their…

WHO: Despite decline in infections, deaths, COVID-19 pandemic still far from over

By Jerry Omondi Despite the decline in global COVID-19 infections and fatalities, the pandemic is still far from over, according to the World Health Organization (WHO) Director-General Dr Tedros Adhanom. The WHO chief made the remarks on Tuesday in his remarks at the public hearing regarding a new international instrument on pandemic preparedness and response. “Transmission…

Merck Foundation named as the Most Influential NGO whose collective efforts are shaping Africa’s Future

Merck Foundation’s  collective efforts greatly contribute to the development of Africa in key sectors such as education, health and economic empowerment; Merck Foundation continues to create an impact in raising awareness about a wide range of social and health issues such as Ending Child marriage, Ending FGM, Stopping GBV, Breaking Infertility Stigma, Supporting Girl Education…