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Rwanda Vaccine Factory to Revolutionize Healthcare in Africa

Rwanda has made history with the construction of its first mRNA vaccine factory, a groundbreaking project that has the potential to revolutionize healthcare on the African continent. The project, which is a partnership between the Rwandan government and German biotechnology company BioNTech, will produce mRNA vaccines against diseases like COVID-19, malaria, HIV What you should …

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South Africa’s President Cyril Ramaphosa Intensifies Call for Ceasefire in Gaza

South Africa’s President Cyril Ramaphosa has strongly condemned the ongoing crisis in Gaza, describing it as a “genocidal onslaught and slaughter of the people of Palestine.” In a recent statement, he drew parallels between the struggles faced by Palestinians and those experienced by South Africans during their own tumultuous history. “As we have looked at …

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TotalEnergies to invest $6 Billion in Nigeria’s Energy Sector

French energy giant TotalEnergies has unveiled its plans to invest $6 billion in Nigeria’s oil and gas industry over the coming years, focusing on offshore projects and gas production across all terrains. This significant investment is a major boost for Nigeria’s economy and its efforts to attract foreign investment. The company while unveiling the plans, …

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S’African Billionaire, Oppenheimer buys 100% stake in Nigerian Can Manufacturer

A South African businessman has acquired a 100% stake in Nigeria’s biggest beverage can manufacturer, GZ Industries. The deal was announced recently by Johannesburg-based Global Beer Company, which is controlled by Jonathan Oppenheimer, the son of South African billionaire Nicky Oppenheimer. The acquisition is a major boost for GZ Industries, which has been struggling in …

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Overseas Voting Commences in Egypt’s Election

Expatriate Egyptians around the world started casting their ballots on Friday, December 1, 2023, in the country’s presidential election. The overseas voting phase will continue for three days, concluding on December 3, before domestic voting commences on December 10. The final results are expected to be announced on December 18. Incumbent President Abdel Fattah al-Sisi …

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South Africa’s state-owned Transnet gets $2.5 billion to meet debt obligations

The South African government has announced a $2.5 billion bailout for the state-owned freight rail and ports operator Transnet. The company has been struggling with operational, financial, and governance challenges, and the bailout is intended to help it meet its debt obligations and improve its performance. Transnet is a crucial part of South Africa’s economy, …

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Madagascar President Andry Rajoelina Re-Elected

The Incumbent President of Madagascar, Andry Rajoelina has secured a third term in office after winning Madagascar’s presidential election held on November 16, 2023. However, the election was marred by a low turnout and an opposition boycott, casting a shadow over the results. According to the electoral commission (CENI), Rajoelina garnered 58.95% of the votes …

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TikTok’s #LevelUpAfrica program supports Nigerian creators

TikTok has launched a new program called #LevelUpAfrica to support Nigerian creators. The program will provide creators with access to resources, training, and opportunities to connect with brands and agencies. The  #LevelUpAfrica program is a comprehensive initiative that aims to empower and support Nigerian creators on the TikTok platform. Launched in 2021, the program has …

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Afreximbank to inject $1 billion Fund to Boost Africa’s Film Industry

The African Export-Import Bank (Afreximbank) has announced plans for a $1 billion African Film Fund to support and finance the continent’s film sector. This significant investment aims to bolster the industry’s growth and unlock its vast potential to contribute to Africa’s economic and cultural development. What you should know The establishment of the African Film …

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