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AfricaBusinessNewsSanusi II Calls for What is Right, Justice to Reject US External Inquiry Call on Adesina

Bada Yusuf Amoo (Reporter)May 29, 2020

The former Emir of Kano and former Governor of the Central Bank of Nigeria, Muhammadu Sanusi II, has called on Africans and friends of the continent to stand for what is right, justice to ensure that laid down rules are respected in the African Development Bank (AfDB) Group. The former Emir made the call following the US Government calls for an independent investigation after the Ethics Committee of the Banks has exonerated the President of...

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AfricaBusinessNewsThe US Calls on AfDB: “Its Governance Could be Hijacked Away from Africa” – Obasanjo

Bada Yusuf Amoo (Reporter)May 29, 2020

The former President of Nigeria, Chief Olusegun Obasanjo has joined other African leaders and figures calling for the defense of African Development Bank (AfDB) and its President, Dr. Akinwunmi Adesina against external forces. Obasanjo in an open letter called on past leaders and heads of states in the African continent to rise up and defend the bank from external forces. He alleged that the call by the United States for an external investigation into what...

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AfricaNational SecurityUnited NationsUN Raises Alarm Over Possible War Crimes in DRC

PilotnewsMay 27, 2020

The United Nations has warned of possible war crimes in the northeast of the Democratic Republic of the Congo. The warning came in a report released by the UN Joint Human Rights Office (UNJHRO) on Wednesday. It blamed militia mostly from the ethnic Lendu community in the region for barbaric acts such as “widespread and systematic killings, beheadings and rape,” among others. UNJHRO said the atrocities might constitute crimes against humanity and war crimes. According to...

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AfricaMoneyNewsNigeriaI Maintain My Innocence on Allegations – Adesina

PilotnewsMay 27, 2020

Dr Akinwumi Adesina, President of African Development Bank (AfDB), has maintained innocence with regards to allegations that seek to impugn his honour and the reputation of the bank. Adesina said this in a statement he personally signed and issued on Wednesday. The News Agency of Nigeria (NAN) recalls that United States Department of Treasury had called for an independent probe of allegations levelled against Adesina on corruption after being cleared by the bank’s ethics committee....

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AfricaEconomyRegionsSouth Africa’s Rand Climbs to 8 Week High Against Dollar

PilotnewsMay 26, 2020

South Africa’s rand raced to its highest in more than eight weeks against the U.S. dollar on Tuesday, as optimism about a global recovery from the COVID-19 pandemic boosted riskier assets, with investors looking past Sino-U.S. trade tensions. At 0605 GMT, the rand traded at 17.4700 per dollar, 0.91 per cent firmer than its previous close. The currency was at its strongest since March 27. “The optimistic recovery narrative is holding within markets, keeping the...

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AfricaCoronavirusNewsRamaphosa Warns the Country’s Coronavirus Cases Will Get Worse

Bada Yusuf Amoo (Reporter)May 26, 2020

The South African President, Cyril Ramaphosa yesterday warned that the country’s COVID-19 cases are going to get much worse as he announced that the lockdown measure is to be eased. According to the President, a third of the country’s more than 22,000 cases had been recorded in the last week. He added that the current lockdown in the country could not be sustained. From June 1, more restrictions would be lifted, he announced. Ramaphosa’s statement...

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AfricaCoronavirusNewsWHO Fear ‘Silent’ Virus Epidemic Unless Africa Prioritises Testing

PilotnewsMay 25, 2020

Africa has so far been spared the worst impact of the coronavirus, but World Health Organisation (WHO) is worried the continent could face a “silent epidemic” if its leaders fail to prioritise testing for it. “My first point for Africa, my first concern, is that a lack of testing is leading to a silent epidemic in Africa. “So, we must continue to push leaders to prioritise testing,” WHO Special Envoy Samba Sow, told a news...

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AfricaNewsNigeriaUganda Reports 14 More COVID-19 Cases, Total Now at 212

PilotnewsMay 25, 2020

Uganda has reported 14 new cases of COVID-19, bringing the total number of confirmed cases in the East African country to 212, according to a Ministry of Health statement issued on Monday. Tests were conducted, on Sunday, on 1,739 samples collected from cross-border cargo truck drivers, contacts of the previously confirmed cases and community, the statement said. “All new cases are contacts to previously confirmed truck drivers. “All contacts were under quarantine at the time...

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AfricaBusinessTechnologyCarbon Launches New Social Banking Service in Nigeria

PilotnewsMay 24, 2020

Carbon Express enables users to initiate and complete transactions such as P2P transfers and bill payments from the keyboard without launching the Carbon App or leaving the current app that they are using. Instead, they will be able to access services from the touch of their keyboard enabling quicker Instagram or Whatsapp commerce. Carbon Express maintains the same PCI DSS compliant model of encryption, authentication, and security as Carbon’s other services, thereby guaranteeing the security...

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AfricaHealthNewsWorld Bank Approves $48m to Help Uganda Contain Locust Plague

PilotnewsMay 22, 2020

The World Bank said its board of executive directors has approved $48 million to help Uganda fight a desert locust invasion threatening livelihoods. The funds, under the Emergency Locust Response Programme, will help Uganda monitor and manage locust swarms to limit the growth of existing and new desert locust populations, the bank said in a statement. The funds will also provide livelihood protection and restoration to the affected households, communities and vulnerable groups. “The project...

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