Business

South African-American businessman Patrick Soon-Shiong opened a new vaccine plant in Cape Town on Wednesday, intended to help his local NantSA company make COVID-19 shots in future and address the continent’s lack of manufacturing capacity, Reuters reports. The coronavirus pandemic has exposed a global lack of access to life-saving vaccines, …

A South African court has halted oil giant Shell’s seismic testing for oil and gas along the country’s eastern coastline, pending a final ruling. In his ruling, High Court Judge Gerald Bloem said that Shell’s right to explore the waters near the Wild Coast “was awarded on the basis of …

Tanzania on Tuesday signed a contract with Turkish firm Yapi Merkezi to build a 368 km section of standard gauge railway that is expected to cost $1.9 billion and will be funded by loans, Reuters news agency reports. It is part of a 1,219 km line which Tanzania is building …

Authorities in the Democratic Republic of Congo have announced that they will launch Air Congo, a new airline in collaboration with African giant Ethiopian Airlines. The Congolese government said it is optimistic, as the process is moving forward. The company will be launched in the first quarter of 2022 and …

A brawl broke out on the floor of Ghana’s parliament late on Monday as lawmakers debated a proposed tax on electronic transactions that has divided the house for weeks, the Reuters agency has reported. The 1.75% e-levy, which would include taxes on mobile money payments, has been fiercely opposed by …

The President of the Democratic Republic of the Congo, Félix Tshisekedi, has sacked the boss of the state-owned mining company, Albert Yuma, who had run the company for more than a decade. President Tshisekedi says cleaning up the mining sector is a key priority and he had been under international …

A South African court has dismissed an urgent application to halt a seismic survey by multinational oil giant Shell in an area called the Wild Coast. Four environmental groups petitioned the court to stop exploration off the east coast of the country claiming it would damage marine life. However Shell …

The International Monetary Fund (IMF), on Thursday warned that an “economic collapse in some countries” is not excluded if the G20 does not act urgently in a context of pandemic which is still not under control. “We could see an economic collapse in some countries unless the G20 creditors agree …

The Boss and creator of Twitter, Jack Dorsey has resigned as the head of the social network on Monday, November 29, saying he decided this departure on his own. Jack Dorsey, 45 years, remains however present within Twitter by taking a position of director within the social network, advances the …

Malawi’s Agriculture Minister Lobin Lowe wrote a letter to former world heavyweight boxing champion Mike Tyson asking him to be the country’s cannabis cultivation ambassador. According to Mr. Lowe, the legalization of cannabis last year in Malawi had created opportunities locally and internationally. The ministry said the United States Cannabis …