Reuters South Africa’s central bank said on Wednesday the risk of a spillover of the Russia-Ukraine war could hurt the country’s financial stability through rising food and fuel inflation, lower economic growth and high unemployment. Emerging markets have been unduly impacted by the Russia-Ukraine crisis through increases in the price of oil, gas, wheat and…
Reuters In the open-air kitchen of a small research clinic in Ghana’s capital, Accra, pathologist Kafui Akakpo carefully carved a piece of cancerous breast tissue into a sample smaller than a matchbox. Hundreds of other samples bobbed around him in plastic jars of formaldehyde, but this one would soon travel across town to Yemaachi Biotech,…
Reuters The acting director of Africa’s top public health agency said on Thursday that he hoped vaccine hoarding, as seen by wealthier nations during the COVID-19 pandemic, would not be repeated with the current monkeypox outbreak. Monkeypox, a usually mild viral infection, is endemic in the African countries of Cameroon, Central African Republic, Democratic Republic…
Reuters Fears over the possible side effects and effectiveness of COVID-19 vaccines have been the main drivers of hesitancy among thousands of South Africans, a government-backed online survey showed on Thursday. South Africa, where around half of its 40 million adults have had at least one dose of the coronavirus vaccine, has been the worst…
Reuters Nigeria has received 4.4 million doses of the Johnson & Johnson (JNJ.N) COVID-19 vaccine from Spain, a government official said on Tuesday. Nigeria has already received 2 million doses of the Johnson & Johnson vaccine from Finland, Greece and Slovenia with more expected from EU countries. read more Faisal Shuaib, head of the National Primary Health Care…
By AFP U.S. pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs at a not-for-profit basis to the world’s poorest countries, as part of a new initiative announced at the World Economic Forum in Davos. “This transformational commitment will increase access to Pfizer- patented medicines and vaccines available in the United States and…
By David Ochieng Mbewa Namibia defeated Zimbabwe by 32 runs in the fifth and final match of their T20I series in Bulawayo to claim a 3-2 series victory, its first series win against a full member of the International Cricket Council (ICC). Zimbabwe is one of only two full members of the ICC in Africa, along…
Reuters Exxon Mobil Corp (XOM.N) is looking forward to the first export of liquefied natural gas (LNG) from Mozambique later this year as it continues work on the Rovuma project, its head of global LNG Peter Clarke told the World Gas Conference on Tuesday. The 3.4 million tonnes per annum (mtpa) Coral LNG project operated by Italy’s…
Reuters Ghana’s central bank on Monday raised its main interest rate (GHCBIR=ECI) by 200 basis points to 19% to curb inflationary pressures and promote macroeconomic stability, Governor Ernest Addison said. In March the Bank of Ghana raised its policy rate by 250 basis points to 17% – the largest hike in its history – to stem runaway…
By CGTN Africa The head of the World Health Organization on Monday said that it must be “at the center” of a global healthcare system, while acknowledging the need for internal reforms. The World Health Assembly happening from May 22-28 is seen as one of the most important in the UN health agency’s 75-year history, as…
