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World Bank Group approves $225 million to boost urban resilience and jobs in Madagascar
Business and Economy

World Bank Group approves $225 million to boost urban resilience and jobs in Madagascar

The World Bank Group has approved $225 million in financing for Madagascar to strengthen climate resilience, improve infrastructure, and create jobs in Greater Antananarivo and

Cabinet approves publication of petroleum stocks policy
Politics

Cabinet approves publication of petroleum stocks policy

Cabinet has approved the publication of the draft Strategic Petroleum Stocks Policy for public comment, Minister in the Presidency Khumbudzo Ntshavheni said on Friday. Briefing

Business and Economy

China approves Standard Bank, ICBC as joint RMB clearing bank for Africa

China”s central bank said on Friday that it has authorized Standard Bank, Africa’s largest lender, and the Industrial and Commercial Bank of China to jointly

Bank of China Approves a Yuan Clearing Hub Across 19 Africa Markets – BitKE
Business and Economy

Bank of China Approves a Yuan Clearing Hub Across 19 Africa Markets – BitKE

China has authorized Standard Bank Group Ltd. and Industrial and Commercial Bank of China (ICBC) to establish a Renminbi clearing network spanning 19 African countries,

Uganda says Islamic Development Bank approves R12.28bn loan
Business and Economy

Uganda says Islamic Development Bank approves R12.28bn loan

The Islamic Development Bank’s (IsDB) executive board has approved a €650.7m (R12.28bn) loan to Uganda to help finance its standard gauge railway project, the finance

Congo Approves National Sanitation Policy
Politics

Congo Approves National Sanitation Policy

Four months after Turkish company Albayrak began operations, sanitation and waste management in Brazzaville and Pointe-Noire, Congo, have not yielded visible improvements. Rubbish continues to

Kenya Approves Nine Firms to Inspect Goods Before Import
Business and Economy

Kenya Approves Nine Firms to Inspect Goods Before Import

The Kenya Bureau of Standards (KEBS) has authorized nine firms to conduct inspections of imported goods prior to shipment from exporting countries. This initiative is

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Business and Economy

World Bank Approves $400 Million for Lesotho’s Economy

The World Bank has pledged $400 million to Lesotho to promote inclusive growth within the nation. The commitment aims to bolster human capital development and

AU Approves Nigeria's Permanent Seat on African Central Bank
Business and Economy

AU Approves Nigeria’s Permanent Seat on African Central Bank

Nigeria has secured a permanent seat on the Board of the African Central Bank, a development officials say places the nation at the center of

Diageo Stock Up As Kenya Approves Asahi Deal
Politics

Diageo Stock Up As Kenya Approves Asahi Deal

Diageo shares experienced an increase in early London trading on Monday, January 12, 2026. This movement followed a Kenyan High Court decision regarding the planned