Africa Business

[Capital FM] Kisumu -- The Energy and Petroleum Regulatory Authority (EPRA) has assured the public that the proposed increment in power tariffs by Kenya Power is not a finality.

[Capital FM] Muranga -- The Principal Secretary State Department of Public Service Amos Gathecha has said that the government is in the process of actualizing a post-retirement medical insurance scheme for civil servants.

[Capital FM] Nairobi -- Plans for the reopening of the Kenya-Somalia border in Mandera are nearing conclusion, with the renovation of the Customs Border Control Point set to begin soon.

[Africa Check] IN SHORT: Zimbabwe's road infrastructure may be crumbling, but a photo shared widely on social media of a road riddled with truly massive potholes is not from the southern African country. It shows a highway in India.

[This Day] The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday directed deposit money banks (DMBs) to commence payment of the redesigned naira notes over the counter subject to a maximum daily payout limit of N20,000.

[This Day] Chinedu Eze

[This Day] *NNPC says Port Harcourt refinery 64% completed

[The Herald] FINANCE and Economic Development Minister Professor Mthuli Ncube says the Government is ready to put forward US$20 million to partner investors willing to invest in a lithium battery manufacturing project in Zimbabwe.

[The Herald] Zimbabwe and Zambia are working to expedite the implementation of two key power generation projects to bring relief to citizens of the two countries who, along with others in the region, have been enduring long hours of loadshedding in the past three months.

[Nile Post] Government has appointed a new board of directors for the Uganda Air Cargo Corporation.

[Independent (Kampala)] Kampala, Uganda -- Centenary Bank has announced it is offering affordable Cente education product for parents, students and school proprietors in a bid to cushion their financial burden as schools re-open.

[Capital FM] Nairobi -- City Hall is now at advanced stages towards availing 53 hawker lanes in Nairobi's Central Business District, as part of measures to regulate the trade in the city.

[Capital FM] Busia -- The County Government of Busia will join hands with the National government to improve the state of roads within the county.

[Premium Times] The downgrade of the nine lenders also affected their issuer ratings and the senior unsecured debt ratings.

[This Day] Abuja -- More than 13,500 Nigerians joined their communities in a lawsuit against Shell Plc before a landmark UK trial that could have far-reaching implications for parent-company responsibility over the actions of foreign subsidiaries, Bloomberg reported yesterday.

[New Zimbabwe] Belarus President Alexander Lukashenko is exploring ways of forging economic ties with Mozambique and Zimbabwe in the agricultural sector.

[VOA] Johannesburg -- Recent visits to Africa by U.S. Ambassador to the U.N. Linda Thomas-Greenfield and U.S. Treasury Secretary Janet Yellen came as a new study found China's overseas investments in the COVID-19 era are at a 13-year low. China has invested heavily in Africa through its Belt and Road Initiative and the U.S. has also recently pledged investments, with analysts saying Washington is trying to compete with China for influence on the continent.

[allAfrica]  

[Premium Times] The bank stated that the new mode of payment is subject to a maximum daily payout limit of N20,000.

[Premium Times] "... these glitches started well early in 2022. It has nothing to do with this election period," the NNPC boss said.

[The Conversation Africa] The COVID-19 pandemic has led to a question that would have been unthinkable a few years ago: do we really need to be in the office all the time?

[Leadership] Nigeria and her neighbours must place higher premium on the effective policing of borders, as the fragile nature of entry points into various countries enhance terrorism, economic sabotage, and illicit flow of arms, President Muhammadu Buhari has said.

[VOA] Yaounde, Cameroon -- Officials say most member states in the Central African Economic and Monetary Community, CEMAC, have failed to honor a ban on raw timber exports that was enacted last year to conserve forests and create jobs by locally processing wood.

[Namibian] THE chief executive officer of the Namibia Investment Promotion and Development Board (NIPDB), Nangula Uaandja, said the public outcry over the condom tender is linked to concerns about perceived or actual favouritism or corruption in the government's procurement system.

[SAnews.gov.za] Statistics South Africa (Stats SA) has revealed that electricity generation in the country decreased by some 8.3% year-on-year in December.

[Greenpeace] A coalition of civil society groups have called for the immediate cancellation of a massive oil and gas auction in the Democratic Republic of Congo (DRC) following news of a secret deal between Oil Minister Didier Budimbu, Nigerian gambling tycoon Chukwuma Ayodeji Ojuroye, and US consultancy GeoSigmoid.

[Addis Standard] Addis Abeba -- The Borana zone of Oromia region in Southern Ethiopia is one of the places harshly hit by the worst drought in 40 years in East Africa. More than 800,000 residents of the zone are in need of immediate food assistance, according officials.

[AI London] Reacting to the news that two Nigerian communities, which have been devastated by oil spills, have filed claims against Shell at the High Court in London, Amnesty International's Head of Business and Human Rights Mark Dummett, said:

[Government of Mauritius] A half-day workshop themed 'Bridging the Gender Gap in Investment and Financial Services Sector in Mauritius, opened, this morning, at the Hennessy Park Hotel, in Ebène. The first ever Women in Investment and Finance Charter in Africa and the Africa Reform for Investment and Sustainable Economies (RISE) Report were also launched on that occasion.

[Seychelles News Agency] The inflation rate for Seychelles' Consumer Price Index (CPI) year-on-year has dropped significantly to 2.53 percent in December 2022 compared to 7.85 percent at the same time in 2021, according to the latest figures of the National Bureau of Statistics (NBS).