Africa Top10 News

1There’s a New Bank in Ghana

Consolidated Bank Ghana, which was formed in August through a merger of five failed lenders, will issue institutional investors five-year bonds yielding 7.5% for fixed-term savings that were held with the liquidated companies. The same investors previously earned annualised rates of as much as 19% on savings with terms of three months to two years.

SOURCES: Business Day Live

2Advancing Justice and Accountability in the Central African Republic

A commander in a Central African Republic militia who is known as “Rambo” and is wanted on suspicion of war crimes, including murder, deportation and torture of Muslims, has been handed over to the International Criminal Court in The Hague. Officials from the Central African Republic transferred the commander, Alfred Yekatom, to officials from the court, which is looking into more than six years of violence that has destabilized a fragile region at the heart of the continent.

SOURCES: New York Times

3The Battle against Malaria appears to have Stalled

The World Health Organization says the number of cases around the world is still rising. It says it needs more money if it’s to bring the disease under control.

SOURCES: Al Jazeera

4Nigeria’s Central Bank Puts a Hurdle Before Fintech Companies

In a draft policy document, the Central Bank of Nigeria says products by fintech companies are “gaining acceptance” but argued their emergence would heighten existing risks in the financial system. To solve this, officials require fintech startups to have minimum shareholder funds ranging from $275,000 to $14 million before obtaining licenses for their operations.

SOURCES: Quartz Africa

5Divided between Ethiopia and Israel

Hundreds of Ethiopian Jews gathered in the country’s capital Addis Ababa to protest the Israeli government’s refusal to allow all of them to immigrate to Israel, which they say has split families between the two countries. About 135,000 Ethiopian Jews live in Israel, many of whom are related to the nearly 8,000 still awaiting permission to perform “aliya,” or Jewish immigration. Last October, the Israeli government made plans to bring over 1,000 people — but only one family has been allowed into the country since then.

SOURCES: VOA

6Zimbabwe Government Caught in a Lie

Doctors have accused “state agents” of pressuring medical officials to falsify diagnoses to cover up violence by security services and the army after historic elections this year. In a report, the Zimbabwe Association of Doctors for Human Rights (ZADHR) alleges government pathologists at public hospitals were forced to describe gunshot injuries as stab wounds.

SOURCES: The Guardian

7Africa’s Biggest Export Right Now

Nigerian hip-hop star Falz the Bahd Guy explains how the popularity of afrobeats is helping to reconstruct ideas about the country’s culture.

SOURCES: CNN

8Tanzania’s Tourism Hubs Left Shaken

Tanzania’s central bank conducted a surprise inspection of foreign exchange bureaus in a crackdown on black market currency trading and money laundering. Bank officials say that the closure of forex exchange (forex) bureaus comes as a result of a six-month investigation into businesses that had been operating illegally.

SOURCES: Reuters

9First Female Zambian Footballer to Play in Europe has a Side Sport

Barbra Banda is in Zambia’s squad for this year’s Women’s Africa Cup of Nations, which starts on Saturday. The striker recently joined Spanish side EDF Logrono and she also boxes at a high level. She spoke to BBC Sport Africa about how she manages to compete in both sports, and which one is her favourite.

SOURCES: BBC

10On Top of the World on these Mountains in Africa

Africa is one of the most geographically diverse places in the entire world. For travelers this is a bonanza: Whether you fancy hikes in the foothills or have Everest-like ambitions, there’s something for every type of explorer.

SOURCES: AFK Travel

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