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We bring you various leading news from across Africa, on business, economy, market, and politics. Towards A Profitable Africa.... more
FAQs about Africa Podcast Network:How many episodes does Africa Podcast Network have?The podcast currently has 2,202 episodes available.
January 05, 2022Nigeria’s '$1.3bn Zungeru Power Project to Be CommissionedThe Contractor handling Zungeru Hydroelectric Power Project, Sino Hydro, has assured that the $1.3 billion 700 Mega Watts electricity project will be commissioned in four phases in 2022. A statement by the company's Deputy Project Manager, Li Xiao Ming, stated that the first turbine which will generate 175 Mega Watts will be commissioned in the first quarter. He says the second turbine which will also generate 175 Mega Watts is expected to be commissioned second quarter while the third turbine is expected to be commissioned in the third quarter. He says the fourth turbine would be commissioned in December 2022....more1minPlay
January 05, 2022Lagos Line Rail Projects To Be Completed By 2022Lagos State Governor, Babajide Sanwo-Olu has assured that the fourth quarter of 2022 completion time of the red and blue line rail projects in the State remains on course. Governor Sanwo-Olu expressed satisfaction with the pace of work at the stations, noting that the contractors were on course and hoped that they would round up works on the Blue and Red line rails according to the schedule for commercial activities this year....more1minPlay
January 04, 2022India Competition Watchdog Orders Probe Into AppleIndia’s competition watchdog has ordered an investigation into Apple Inc’s business practices in the country, saying it was of the initial view that the iPhone maker had violated certain antitrust laws. The order from the Competition Commission of India comes after a non-profit group alleged that Apple was abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system. The complainant argued that Apple’s imposition of a 30 per cent in-app fee for the distribution of paid digital content and other restrictions hurts competition by raising costs for app developers and customers while also acting as a barrier to market entry. The CCI says Apple’s restrictions prima facie result in denial of market access for potential app developers and distributors....more2minPlay
January 04, 2022Gas Shortage Hits Pakistan’s ExportsPakistan’s natural gas shortage is hurting its most important export industry, putting even more stress on an economy already struggling with accelerating inflation and a weakening currency. Executive director of All Pakistan Textile Mills Association, Shahid Sattar says About $250 million of textiles exports were lost last month after mills in Punjab were forced to shut for 15 days. He says factories in the province are dependent on regasified imports of liquefied natural gas, while domestic supply is being diverted to other regionsGovernment data shows that Production grew almost 6% in the nine months through March 2021 and the sector accounted for 60% of total exports....more2minPlay
January 04, 2022Turkey's Inflation Hits 36% Amid Financial TurmoilTurkey's annual inflation rate has soared to a 19-year high, underlining the country's financial turmoil and alarm over its president's policies. Prices hit more than 36% in December as the cost of transport, food and other staples ate into household budgets. Most central banks raise interest rates to help cool inflation but Turkey has gone the other way. The lira shed 44% of its value against the dollar last year and fell another 5% on Monday before recovering to trade flat. The drop in the lira has made the price of inflation-fuelling imports more expensive, ranging from energy to many of the raw materials Turkey's manufacturers turn into exports....more2minPlay
January 04, 2022India Begins Vaccinating Teens As Omicron RiseIndia extended Covid vaccinations to teens aged 15-18 after officials tightened restrictions in big cities to avoid a repeat of last year’s devastating outbreak. More than 200,000 people around India died in a huge spring virus wave that overwhelmed hospitals and crematoriums. Government data shows that health workers have since administered more than 1.4 billion vaccine doses but less than half of India’s population is fully inoculated....more1minPlay
January 04, 2022Israel To Reopen To Vaccinated Low-Risk Country VisitorsIsrael health ministry says it will allow entry to vaccinated visitors from low-risk countries, t, five weeks after it shut its borders to slow the spread of the Omicron variant. Prime Minister Naftali Bennett and a group of ministers agreed that entry of vaccinated/recovering tourists from orange countries will be permitted from Sunday. Israel had closed its borders to all foreign tourists last November 28. Bennett said at the time the move aimed to prepare Israel for an inevitable fifth wave of Covid cases. Bennett however says the temporary blanket prohibition on foreign arrivals had achieved its goal, even as domestic Covid infections have soared....more1minPlay
January 04, 2022France Mulls Vaccine Pass To Fight OmicronFrench MPs began debating draft legislation that would require most people to be vaccinated against Covid-19 to enter public spaces such as bars, restaurants and long-distance public transport. The vaccine pass is aimed at getting France’s remaining five million unvaccinated people over 12 to accept a shot. Health Minister Olivier Veran told parliament that the tidal wave has indeed arrived, it’s enormous, but we will not give in to panic. Veran added that selfishness often hides behind talk of supposed liberty....more1minPlay
January 04, 2022Tunisia Ex-minister Suspected Of TerrorismTunisia's interior ministry says a detained former justice minister is suspected of terrorism. Noureddine Bhiri of the Ennahdha party was detained over the weekend. Interior Minister Taoufik Charfeddine says that there were reports of acts of terrorism prompting the authorities to act. His wife is quoted by the AFP news agency saying that he had suffered a heart attack and that she was denied access to him....more1minPlay
January 04, 2022Guinea Opposition Demands Return To Civilian RuleGuinea's main opposition leader says more than 100 of the country's political parties will present a joint demand for a return to the civilian rule to the military junta that seized power in September. Cellou Dalein Diallo told a news conference that the Collective of Political Parties had agreed on a timetable for a political transition. The Economic Community of West African States is demanding elections within six months. It suspended Guinea from the regional bloc after President Alpha Condé was deposed in a coup nearly four months ago....more1minPlay
FAQs about Africa Podcast Network:How many episodes does Africa Podcast Network have?The podcast currently has 2,202 episodes available.