Egypt’s headline inflation quickens to 13.5% in May

By Reuters Egypt’s annual urban consumer inflation accelerated to a slower-than-expected 13.5 percent year-on-year in May, data from the state statistics agency CAPMAS showed on Thursday. The inflation figure, up from 13.1 percent in April, fell short of a median forecast of 14.2 percent in a Reuters poll of 17 analysts. The increased inflation could impact…

Posted on

Kenya to begin exports of livestock products from Chinese-built port in 2023

By XINHUA Kenya will begin to export livestock products from the Chinese-built Lamu Port in 2023, a government official said Wednesday. Harry Kimtai, the principal secretary of the Ministry of Agriculture, Livestock, Fisheries, and Cooperatives, told journalists in Nairobi, the capital of Kenya, that the government has allocated 500 million shillings (4.27 million U.S. dollars) for…

Africa: Covid-19 Recoveries Across Continent Near 9.9 Million

As of June 8, 2022, confirmed cases of Covid-19 from 55 African countries reached  11,757,022 while  301,428,973 vaccinations have been administered across the continent. Reported deaths in Africa reached  254,203 and  9,899,200 people have recovered. South Africa has the most reported cases of  3,970,993 and  101,397 people died. Other most-affected countries are Morocco (1,171,034) ,…

World Bank warns of ‘stagflation’, reduces outlook for global economy

By CGTN Africa The World Bank has sharply downgraded its outlook for the global economy, pointing to Russia’s action against Ukraine, the prospect of widespread food shortages and concerns about the potential return of “stagflation” — a toxic mix of high inflation and sluggish growth unseen for more than four decades. The 189-country anti-poverty agency predicted…

Somalia launches national immunization campaign against polio

By Christine Maema The national immunization campaign against polio in Somalia was officially launched Tuesday by WHO Representative in Somalia Dr Mamunur Rahman Malik and the Governor and Mayor of Mogadishu HE Omar Mohamed Mohamud Flish officially launched a national immunization campaign against polio in Somalia. Deputy Special Representative of the Secretary-General and the United Nations Resident and…