South Africa’s Northam Platinum posts drop in profit on higher costs
South Africa’s Northam Platinum NPHJ.J reported a 14.4% drop in annual profit on Friday, driven by a surge in mining costs, despite record sales volumes.
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Rwanda received migrants deported from the US earlier this month
Rwanda received seven migrants deported from the United States earlier this month, a government spokesperson said in a statement on Thursday, weeks after the two countries reached an agreement for the transfer of up to 250 people.
Read MoreAfrica has a plan to be food secure by 2035 – now it is time to finance it
Within 10 years, one in five people on Earth will live in Africa. By 2050, it will be one in four.
Read MoreHelping Africa’s farmers adapt to weather extremes
The Gates Foundation’s Director, Agricultural Delivery Systems calls on governments to prioritize smallholder farmers’ needs at the upcoming Africa Climate Summit.
Read MoreFour African states running out of special food for starving children, aid group says
At least four African countries will run out of specialised life-saving food for severely malnourished children in the next three months due to shortages caused by aid cuts, Save the Children said on Thursday.
Read MoreSouth Africa launches G20 taskforce to examine global wealth inequality
South African President Cyril Ramaphosa on Thursday launched a G20 experts taskforce to examine global wealth inequality and its impact on growth, poverty and multilateralism — the first initiative of its kind for the G20.
Read MoreKenya’s inflation rises in August, driven by food, transport prices
Kenya’s inflation rose to 4.5% year-on-year in August from 4.1% the previous month, largely driven by higher prices of food and transport, the statistics office said on Friday.
Read MoreGuinea-Bissau cracks down on foreign media as elections near
Guinea-Bissau expelled Portuguese media outlets on August 15, a move that threatens to restrict press freedom in the run-up to November's elections.
Read MoreThe first migrants deported from the United States arrive in Rwanda.
Rwandan authorities announced this Thursday, August 28, the arrival of seven migrants expelled from the United States and held in Kigali since mid-August. This is the first group deported under a bilateral agreement that provides for the transfer of 250 people expelled by Washington.
Read MoreIs Trump considering a bold move in Africa to confront China, Russia, and Islamic terrorists?
President Donald Trump is reportedly working on a measure that would give the United States a new military and economic foothold in Africa, counter China and Russia, and strike a blow against Islamist terrorists in the region. And now a prominent senator has told Fox News Digital that this goal can be realized by recognizing the separatist Somaliland as an independent state.
Read MoreNigeria’s Dangote and Ethiopia to build $2.5 billion fertiliser plant
Ethiopia has signed an agreement with Nigeria’s Dangote Group to build a $2.5 billion fertiliser manufacturing plant, Prime Minister Abiy Ahmed said on Thursday in a post on social media platform X.
Read MoreGhana’s cedi and Zambia’s kwacha seen under pressure
Ghana’s and Zambia’s currencies are expected to remain under pressure in the next week to Thursday, while Uganda’s could strengthen and those of Kenya and Nigeria should be broadly steady, traders said.
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