Africa Business News

Africa Business News

By Africa Business RadioNews
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Africa Business News episodes

  • Euro Stocks Traded Higher on Monday
    Euro stocks traded higher on Monday, with the DAX 30 rising 0.7% lifted by news that Astrazeneca coronavirus vaccine trials resumed in the UK after the British authorities gave their approval. The company halted the late-stage trials last week over safety pean st concerns after one voluntary got sick. In addition, news that American Nvidia will buy the UK-based computer chip designer ARM Holdings from Softbank for $40 billion improved investors’ sentiment. 

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    1 min
  • The Japanese Yen Gained Near 0.2%
    The Japanese Yen gained near 0.2% to 105.95 per USD on Monday, amid a genereal dollar weakness and after Japan’s governing party elected Chief Cabinet Secretary Yoshihide Suga as its new leader to succeed Shinzo Abe. As expected, Suga won by a large margin, taking 377 of a total of 534 votes from his party's lawmakers and regional representatives. 

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Major Stock Markets in Asia Traded Higher on Monday
    Major stock markets in Asia traded higher on Monday amid renewed hopes for the potential COVID-19 vaccines after AstraZeneca resumed its British clinical trials. Sentiment was also lifted by reports that Nvidia has agreed to buy Arm Holdings from Softbank in a deal worth $40 billion. Stocks in South Korea led the gains, followed by those in Japan, and Hong Kong.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Israel Imposes Three-Week Nationwide Coronavirus Lockdown
    Israel’s government on Saturday announced it would impose a three-week nationwide lockdown in an effort to stem one of the world’s highest novel coronavirus infection rates after a surge in cases.
    The lockdown order, set to go into effect on Friday, makes Israel the first developed economy to take such a drastic measure to curb a second wave of virus infections.


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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Oil Traded Near Multi-Month Lows on Monday
    According to British Petroleum's latest long-term energy outlook, global fuel demand may have already peaked as the COVID-19 pandemic kicks the world economy onto a weaker growth trajectory and accelerates the shift to cleaner fuels. At the same time, Reuters reported that commander Khalifa Haftar in Libya committed to ending a months-long blockade of oil facilities, a move that would add more supplies to the market. Meantime, oil production in the US Gulf of Mexico could disrupt for the second time in less than a month as Tropical Storm Sally gained strength Sunday and was poised to become a hurricane strength on Monday and Tuesday. At around 04:30 AM GMT, WTI was at crude $37.56 a barrel while Brent crude stood at $39.95 a barrel.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Doctors In Indonesia Fight Spread Of Fake News On COVID-19
    The Doctors Without Borders (also known as MSF) has called on the Indonesian government to step up education regarding the spread of the coronavirus in the country, saying that the spread of rumours and fake news is creating "panic" in many communities.
    The MSF deputy medical coordinator in Indonesia, Dirna Mayasari said they needed to help them find a way to educate and inform the community quickly and on a large scale. Fear can be just as harmful as COVID-19.


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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • WHO Europe Predicts Oct, Nov To Be Tougher With More Coronavirus Deaths
    The head of the WHO’s  European branch told AFP news agency that the Organisation expects Europe to see a rise in the daily number of COVID-19 deaths in October and November.
    WHO Europe director Hans Kluge said It is going to get tougher. In October, November, they are going to see more mortality, as the continent currently experiences a surge of cases though the number of deaths has remained relatively stable.

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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Czech Republic's Daily Count Of Cases Drops Below 1,000
    Health Ministry's data showed that the Czech Republic recorded 792 new coronavirus cases on Sunday, a drop after five consecutive days with more than 1,000 cases each.
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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Australia sees lowest one-day rise in coronavirus cases in almost 3 months
    Australia reported its lowest one-day rise in novel coronavirus infections in nearly three months on Monday as authorities began to ease restrictions aimed at slowing its spread.
    Thirty-nine people were found to be infected with the virus in the past 24 hours, the lowest one-day increase in new cases since June 26, when 37 infections were detected.


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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min
  • Libya's Parallel Government Submits Resignation
    The parallel government in eastern Libya has submitted its resignation after a rash of protests over deteriorating living conditions and corruption.
    In the latest demonstrations, protesters in the city of Benghazi set fire to the headquarters of the military commander, Khalifa Haftar.
    They also clashed in his stronghold of Al-Maj for the first time.


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    This episode is sponsored by
    · Afrolit Podcast: Hosted by Ekua PM, Afrolit shares the stories of multi-faceted Africans one episode at a time. https://open.spotify.com/show/2nJxiiYRyfMQlDEXXpzlZS?si=mmgODX3NQ-yfQvR0JRH-WA

    Support this podcast: https://anchor.fm/newscast-africa/support
    2 min

About Africa Business News

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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.