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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 24, 2022Iran’s $18m UN Dues Paid With Frozen FundsSeoul says Iran is expected to regain its vote in the UN General Assembly after South Korea paid Tehran’s delinquent dues to the world body with Iranian funds frozen in the country. Iran however announced that US sanctions had impeded its ability to make the payment on its arrears for the second year in a row. The finance ministry says Seoul completed the payment of Iran’s UN dues of about $18 million through the Iranian frozen funds in South Korea, in active cooperation with related agencies such as US Treasury’s Office of Foreign Assets Control and the United Nations Secretariat....more1minPlay
January 24, 2022German Navy Chief Resigns Over Controversial Ukraine CommentsThe head of the German navy has resigned after coming under fire at home and abroad for saying that Ukraine would never regain the Crimean Peninsula, which was annexed by Russia in 2014. Vice Admiral Kay-Achim Schoenbach also said it was important to have Russia on the side against China, and suggested that Russian President Vladimir Putin deserved respect. The comments came at a sensitive time as Russia has amassed tens of thousands of troops on Ukraine’s borders. Russia denies it is planning to invade Ukraine....more1minPlay
January 24, 2022Armenian President Resigns Over Lack Of InfluenceArmenian President Armen Sarkisian announced that he was resigning his largely ceremonial position, citing the inability of his office to influence policy during times of national crisis. The announcement comes on the back of a period of instability in the ex-Soviet Caucasus nation in the wake of a war with its long-standing rival Azerbaijan. Armenia’s humiliating defeat and loss of disputed territory in late 2020 ultimately sparked massive street rallies and a domestic crisis that pitted Sarkisian against Prime Minister Nikol Pashinyan. He says the president does not have the necessary tools to influence the important processes of foreign and domestic policy in difficult times for the people and the country....more2minPlay
January 24, 2022UAE Intercept And Destroy Houthi MissilesThe United Arab Emirates says it intercepted and destroyed two Houthi ballistic missiles that were targeting the country, and there were no casualties. The defence ministry says the remnants of the intercepted ballistic missiles fell in separate areas around Abu Dhabi. Houthi-run Al Masirah television channel says the group would announce within hours the details of a wide military operation against Saudi Arabia and the UAE amid concern over a further escalation in tensions in the region amid Yemen’s years-long civil war....more1minPlay
January 24, 2022US Orders Evacuation Of Ukraine Embassy StaffThe United States has ordered the families of all American staff at the US Embassy in Ukraine to leave the country amid heightened concern that Russia, which has massed troops on the border, is about to invade. The State Department also said that non-essential embassy staff could leave Ukraine at government expense and that all Americans should consider departing immediately. The US Embassy in Kyiv warned that military action by Russia could come at any time and the United States government will not be in a position to evacuate American citizens in such a contingency, so US citizens currently present in Ukraine should plan accordingly....more1minPlay
January 24, 2022Zimbabwe Government Pressured To Introduce Wealth TaxA Civil Society Organisations grouping has demanded the urgent introduction of wealth tax to facilitate the trickledown effect of financial resources to the country in a bid to reduce the alarming poverty levels. The Zimbabwe Fight Inequality Alliance's spokesperson, Janet Zhou declared a week of action, piling pressure on the government to introduce a tax for the country's wealthiest. Zhou says the abolishment of unjust and harmful tax incentives to multinational corporations is a long overdue outcome of a stakeholder consultative process. Zhou stressed that it is time the government introduced a Covid19 Windfall Tax for corporates and individuals who have made phenomenal profits since 2020 to fund a just and equitable response to Covid19 induced poverty and suffering....more2minPlay
January 24, 2022UN Appeals for $60 Million for Victims of Violence in CameroonThe United Nations Refugee Agency is appealing for nearly $60 million for tens of thousands of victims of intercommunal clashes over dwindling resources in Cameroon's Far North region. UNHCR spokesman Boris Cheshirkov says the appeal will provide critically needed relief over the next six months for both the displaced and those sheltering them in Chad and Cameroon. Cheshirkov says the situation has calmed down in the last few weeks. He says security has been reinforced. He notes government-led reconciliation efforts, supported by the UNHCR are underway adding that urgent action is needed to address the root causes of the conflict....more2minPlay
January 24, 2022Eswatini Destroys Thousands Of Expired Covid JabsThe Swazi Observer newspaper reports that Eswatini will destroy 10,000 Johnson & Johnson vaccines that have expired. The country's health ministry says that AstraZeneca and Pfizer vaccines are still available and therefore vaccination will continue. The Johnson & Johnson vaccines expired on Tuesday last week. The newspaper reports that the current batch of Pfizer doses expires next week....more1minPlay
January 24, 2022Shell Appeals To Overturn N800bn Oil Spill Court JudgementShell Petroleum Development Company will attempt to convince the Court of Appeal, Owerri Division, to upturn an N800 billion judgement against the oil giant by a Federal High Court in the state in 2020. The company however was expected to tell the appeal court that the lower court failed to listen to its argument that the oil spill claim was unsubstantiated. SPDC had appealed against the judgement and applied to suspend its enforcement. SPDC argued that the court was duty-bound to hear evidence to determine, first, if the spill occurred and the alleged cause before proceeding to fix liability and compensation, which it noted, didn’t happen in the case....more1minPlay
January 24, 2022Dangote Oil Refinery to Begin Production Before 3Q Of 2022Aliko Dangote, says mechanical work on his much-awaited crude oil refinery had been completed and the facility would begin to run between August and September this year. Dangote says full production at the refinery could commence by the end of the year or the beginning of 2023. He says that Dangote Group would continue to do more towards strengthening investment in the country, stating that the company has been meeting its tax obligations. Dangote added that the Dangote Group had revitalised road infrastructure within Apapa and Isolo in Lagos, and also in Ogun and Kaduna, stressing that the group is equally involved in the development of deep seaports and other infrastructural projects across the country....more2minPlay
FAQs about Africa Podcast Network:How many episodes does Africa Podcast Network have?The podcast currently has 2,202 episodes available.