Mozambique: Japan freezes $100M in grants and loans

 Japan has frozen US$100 million in donations and loans to Mozambique due to the scandal of undisclosed loans by two public companies, the head of Japan’s International Cooperation Agency (JICA) announced in Mozambique, sources say. Katsuyoshi Sudo, quoted by African Press Agency APA, said the funds will be released after the Mozambican government reaches an agreement with […]

Hadiza Bala Usman Ends Monopoly at Nigeria’s Ports With Liberalization of Free Trade Zones

 The Managing Director, Nigerian Ports Authority, NPA, Ms Hadiza Bala Usman, has concluded plans to break the monopoly hitherto enjoyed by some oil and gas logistics firms, by liberalising operations of oil and gas free trade zones in the country. She has achieved this by getting President Muhammadu Buhari’s approval for a policy review, which […]

Chris Hattingh: How We Can Restore The Foundations of Liberty in Africa

 The case for freedom is grounded in the nature of man, not in “self-evident truths” or “God-given rights”. This is the argument Richard Ebeling makes in his essay, ‘Restoring the Foundations of Liberty’. The respective foundations of self-evident truth and God-given rights birthed the tradition of individual liberty, but using those arguments is no longer […]

Diana Taremwa: How Rwanda’s Economy Is Powered By Innovation

 Located on the shores of Lake Kivu, one of Africa’s Great Lakes, lies the gigantic KivuWatt methane-fired power plant. The plant reflects Rwanda’s ambitions to be one of Africa’s technological pioneers – this is the only gas water extraction power plant operating in the world. “This project is a positive step and it’s an indication […]

IMANI Backs Privitisation Of Ghana’s Electricity Company

 IMANI Ghana, a policy think tank, has backed calls for the privatisation of the Electricity Company of Ghana (ECG) to inject capital and innovations in electricity distribution in the country. It said the privatisation of ECG was the only way government could address the challenges facing the energy sector. The Head of Business of IMANI […]

Liberians Reject New Banks Notes Introduced By The Central Bank

 Barely a week after the Government of Liberia through the Central Bank of Liberia (CBL) released the new banknotes to the public; several Liberians are expressing unhappiness over the lack of adequate awareness on the new money across the country. The new banknotes are in categories of 5.00, 10.00, 20.00, 50.00, 100.00.00 and 500.00 with […]