Economy

Moody's maintains negative outlook as Cape Town's water crisis looms

Cape Town DamMoody's maintained its negative outlook on the City of Cape Town, which is battling a severe water shortage

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Freedom House hopes for peaceful power transfer in Botswana

Masisi BotswanaUS-based NGO Freedom House said it hoped Botswana's incoming President Mokgweetsi Masisi would lead a peaceful power transfer after Ian Khama's two consecutive terms in power

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Sudan accedes to the New York Convention

UN HQ NYThe UN on Tuesday said Sudan acceded to the New York Convention, becoming the 159th country to do so

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Africa Investment Forum to accelerate continent’s economic transformation

AIFThe African Development Bank (AfDB) is providing collaborative leadership for a new 100 per cent transactional initiative, the Africa Investment Forum (AIF), to accelerate economic transformation throughout the region

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UN allocates US$9mn to aid those displaced by Boko Haram insurgency

Nigeria Camp 2The UN said in a statement that it has allocated US$9mn to help people displaced in northeast Nigeria by an insurgency sparked by Boko Haram

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