On the same day President Julius Maada Bio of Sierra Leone announced the country’s confirmation of its first COVID-19 victim, the Anti-Corruption Commission (ACC) also announced that a senior minister in the Bio Administration had been charged to court for the missing 49,000 bags of rice donated by China to assist the government in feeding hundreds of thousands malnourished school children across the country according to Sierra Leone Telegraph.
“Passenger road transport is the backbone of the global economy. It contributes to the success of numerous sectors, but not limited to, the tourism industry and is essential to business and leisure travel.
UNITED KINGDOM: Newly converted to an online-only format, Sotheby’s sixth sale of Modern & Contemporary African Art realised £2,359,375 / $2,881,741, featuring over 100 works from 58 artists across 21 countries. The auction saw a 46% increase in the number of bidders in comparison to the equivalent sale last year.
IVORY COAST, The African Development Bank’s (AfDB) “Fight Covid-19” social bond listed on London Stock Exchange (LSE) is now available through its Sustainable Bond Market.
SWITZERLAND: The Federal Council has decided to increase the guarantee assistance programme for COVID-19 bridging credit facilities by additional 20 CHF billion making in total CHF 40 billion according to government release.
(Ecofin Agency) - Ralph Mupita, Head of MTN Group, announced the company plans to sell 15% of its stake in MTN Nigeria. If the operation is completed, MTN will hold 64% in the subsidiary.
(Ecofin Agency) - The stringent restrictive measures adopted by governments to control the propagation of the novel coronavirus pandemic across the world are expected to drop international tourist arrivals by 20% to 30% this year, compared to the last one. This, in turn, could cost between $300 billion and 450 billion, or about one-third of the $1.5 trillion generated in 2019.
SOUTH AFRICA: The African Energy Chamber has named the five most vulnerable African countries amid the Covid-19 and oil price plunge. In its recent analysis the chamber named the countries as Angola, Senegal, Cameroon, Ghana and Nigeria.
The following link will take you to the FOPH’s official main page. There you will find information on the current situation in Switzerland and abroad, FAQs, recommendations for travellers and for the workplace, and information for health workers.
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UGANDA: President Yoweri Museveni has called on the people of Nakasongola who include the Baruli and migrants from other parts of the country, to live in harmony and peacefully and stop fighting and killing each other over land.
EGYPT: The Minister of Communications and Information Technology Amr Talaat recently met with the heads of the four telecommunication operators, operating in the Egyptian ICT sector to discuss launching initiatives for supporting education, as school and university have been suspended as a precautionary measure taken by the government to curb the spread of coronavirus (COVID-19).
Robust collaboration would help improve business climate, says VP. - To further improve the country's business climate, there will now be a direct connection between the anti-corruption agenda of the Buhari administration and the reform efforts of the Federal Government, in a bid to secure the reforms through criminal investigation and prosecution of public complaints.
SWITZERLAND: As a result of the increased spread of the coronavirus, (COVID-19) the Swiss government has declared a state of emergency “extraordinary situation” and taken extraordinary measures to counter the spread of the virus across the country.
One word to describe Ghana’s President Nana Akufo-Addo’s state visit to Switzerland is “HISTORIC.” Prior to his, only two other Sub Saharan leaders had made similar visits and those date back to more than six decades. Ethiopia’s Emperor Haile Selassie was there in 1954 and two years later in 1956, Liberia’s President William Tubman made his own visit.
ETHIOPIA Today, (08 March, 2020) the African Union Commission joins the global community to celebrate and honour African women for their contributions in the development and well-being of this beautiful continent.
Many of the continent’s top decision-makers to converge at Kigali Summit
SOUTH AFRICA: The African Business leaders will meet in Kigali, Rwanda on 4 to 5 June 2020 to look for to some of the continent’s most challenging social issues at the Africa Shared Value Leadership Summit.
It was a visit with a difference. A two-day state visit (February 28-29). The first in more than six decades paid by a Sub-Saharan African leader. The invitation to Ghana’s President Nana Dankwa Akufo-Addo is a result of the longstanding cordial relations between Ghana and Switzerland.
NIGERIA: In its plan to establish Special Agro-Industrial Zones (SAPZs) the Nigeria’s government in collaboration with the African Development Bank held a workshop in Abuja from 17 to 18 February to address the categorization and location of the SAPZs.
LXE408 is a first-in-class compound, discovered at Novartis with financial support from the Wellcome Trust. Within the scope of the agreement, Novartis is responsible for completing Phase I clinical trials. In addition, it will drive pharmaceutical development and regulatory submissions. Upon approval, Novartis has committed to distributing the drug on an affordable basis worldwide with a focus on maximizing access in endemic countries.
If not for Dangote’s magnanimity and his commitment to empower local manufacturers, the ANAMMCO plant would have remained perpetually moribund.
KENYA: Corporate Council on Africa (CCA) in partnership with Kenya Private Sector Alliance (KEPSA) hosted a roundtable discussion with Kenyan and U.S. business leaders and government officials to explore how the private sector can support this bilateral effort and take full advantage of investment and trade opportunities that will arise from a Kenya-U.S. Free Trade Agreement.
President Nana Akufo-Addo of Ghana is expected in Bern, Switzerland, on a two-day State Visit at the invitation of Swiss Federal Council in recognition of the excellent long-standing relations between the two countries. The last time Switzerland received a head of state from a Sub-Saharan country was sixty years ago.