studiocb55

studiocb55

Africa

World Bank cuts Kenya’s 2025 growth forecast as private sector squeezed

The World Bank has cut Kenya’s growth forecast for this year by half a point from its initial prediction to 4.5%, it said on Tuesday, citing high levels of debt, high lending rates and a decline in private sector credit….

President Tinubu To Visit Lagos For ECOWAS 50th Anniversary Celebration

President Tinubu is scheduled to commission several infrastructure projects in Lagos and other parts of the country on Saturday, May 31. President Tinubu is set to visit Lagos for ECOWAS 50th Anniversary Celebration.   It was gathered that President Bola…

AFDB To Elect New President This Week

The largest development finance institution is owned by 54 African states and G7 nations like the U.S. and Japan, with Nigeria being its biggest shareholder. The African Development Bank (AfDB) Group. The African Development Bank will meet in Ivory Coast…

Mohamed Salah Crowned EA SPORTS Player of the Season 2024/25

Mohamed Salah has been named the 2024/25 EA SPORTS Player of the Season, marking his seventh career win of the award and equaling the all-time record held by Harry Kane and Sergio Agüero. The Liverpool forward’s remarkable season includes 28…

ECOWAS, AES meet to discuss finalise modalities for Mali, Burkina Faso, Niger Republic withdrawal

For the first time after the withdrawal of Mali, Burkina Faso, and Niger Republic, the three countries under the Alliance of Sahel States confederation, has held a meeting with the leadership of the commission of the Economic Community of West…

Aruna bows out of ITTF Championships

Quadri Aruna has exited the 2025 International Table Tennis Federation (ITTF) World Championships in Doha, Qatar. Aruna succumbed to Brazil’s Hugo Calderano in a one-sided fourth round men’s singles clash at the Lusail Arena on Thursday.     Billed as…

Morocco Is the New Automotive Manufacturing Powerhouse

French newspaper “Le Dauphiné libéré” has described Morocco as “the new Eldorado” for automotive manufacturers. The newspaper reported that the automotive manufacturing sector is making the North African country’s automotive industry contribution a “pillar of the Moroccan economy” and the…

BRICS: Tanzania Officially Bans the US Dollar

Taking a leaf straight from the BRICS playbook, Tanzania announced an official ban on the US dollar in local transactions. The Bank of Tanzania (BoT) has put a blanket ban on all foreign currencies in local transactions, and only the…

Aruna keeps Africa’s hopes alive at 2025 ITTF World Championships in Doha

Nigeria’s Quadri Aruna has kept Africa’s hopes alive at the 2025 ITTF World Championships in Doha, Qatar, following a hard-fought victory on Monday in the Men’s Singles event. On a day when most African contenders bowed out on Day 3…

Defiant Tanzanian opposition leader Tundu Lissu appears in court

Tanzania’s main opposition leader Tundu Lissu has appeared in court for the first time since his arrest on treason charges last month, telling his supporters not to fear. He raised his fist in a gesture of defiance and told his…