China’s string of pearls and China’s debt-trap diplomacy are the most gripping terms in sino-Africa relations. The meagre mention of these ... words makes us fraught with antipathy because of the calamitous leverage attached to them.
The governor of the Central Bank of Nigeria (CBN), reacting to calls by citizens to take drastic action against the free fall of the naira against ... the US Dollar, was quoted in a report saying: "Domestically, there has been zero dollar remittance to the country’s foreign reserve by the NNPC. Monetary policy alone cannot bear all the burden of the expected adjustments needed to manage all these difficulties. It’s our collective duty as Nigerians to shore up the value of the naira.’’
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Towards the end of last year, the South African government announced that it would not be renewing the Zimbabwean Exemption Permit (ZEP) that ... had been granted to citizens prior to 2009. The decision, which was attributed to Zimbabwe’s collapsing economy under Robert Mugabe’s four-decades-long regime, stands to affect close to 200,000 Zimbabweans currently working and studying in the country.
About four months ago, Ghana’s National Biosafety Authority (NBA), an authority under the ministry of Environment, Science, Technology, and ... Innovation, published a notice inviting public comments on whether it should approve the country’s first genetically modified crop, the Pod Borer Resistant (PBR) cowpea or black-eyed bean.