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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.
November 05, 2021Ethiopia To Continue Fight Despite Ceasefire CallsThe Ethiopian government says it will continue its fight against Tigrayan rebel forces, despite growing international calls for a ceasefire. A statement on social media says Ethiopia was fighting an existential war and would not crumble under foreign propaganda. African nations, the European Union and the United States have reiterated calls for a truce and talks to end the conflict. The government says it's on the brink of victory, but Tigrayan forces have been advancing towards the capital and seizing key towns in recent days....more1minPlay
November 05, 2021Nigerian Lawmakers Seek Financial Autonomy For Auditor-General’s OfficeThe House of Representatives Committee on Public Accounts has called for both administrative and financial autonomy for the Office of the Auditor General of the Federation to ensure optimal performance and transparency in its operations. The Chairman of the committee, Oluwole Oke, says he had sponsored a bill to grant the autonomy which had already passed the second reading at the House. Oke stated that caging the operations of the all-important office through financial and administrative control limits transparency and accountability...more1minPlay
November 05, 2021MTN Plans To Sell 575 Million Shares To NigeriansMTN Nigeria Communications Plc says it is set to proceed with a public offer for the sale of 575 million shares. The company says Its parent company, MTN Group, is set to proceed with this sale by means of a bookbuild to institutional investors and fixed price to retail investors. The company says the Offer is anticipated to open in November 2021 with a bookbuild to institutional investors, after which a fixed price is expected to be announced for retail investors also in November 2021. MTN says that it successfully completed the issuance of its N89.99bn series II 10-year 12.75 per cent fixed-rate bonds due 2031 under the N200bn bond issuance programme....more2minPlay
November 05, 2021Nigerian Operators Disagree Over Proposed Cost Of 5G SpectrumOperators in the telecommunication space say the minimum price set for the planned 5G spectrum is too expensive and higher than what obtains in most other countries. The Nigerian Communications Commission says the telcos expressed their concerns directly to them in a comment and recommendation format sent to the regulator. MTN and Airtel say the reserve price of about N75bn is too high and above what obtains in other world climes. The GSMA- an umbrella body for all the operators in the sector- raised concerns over the spectrum price, saying it might affect the plan to achieve affordable Internet access for a large portion of the populace. The GSMA added that they should consider the licence tenor of about 15 years if the spectrum price is sustained....more2minPlay
November 05, 2021Nigeria’s Security Threatened By Abandoned Oil Depots, Pipelines, RigsThe House of Representatives ad hoc committee set up to investigate the current state and use of the Federal Government’s property and assets has asked the Nigerian National Petroleum Corporation and its subsidiaries to provide a list of Federal Government’s assets under their control. The committee says oil depots, pipelines, rigs and other facilities, which could have generated revenues for the government and reduced borrowing and budget deficit, had been abandoned in various parts of the country. The Chairman of the committee, Ademorin Kuye, says all assets in the custody of MDAs; assets that are being trespassed and encroached; assets that are just wasting away could be converted to revenue for the Federal Government for the development of the country....more1minPlay
November 02, 2021Tesla Boss Musk Challenges UN OfficialElon Musk challenged a United Nations official’s claim that just a small percentage of his wealth could help solve world hunger.Musk was responding to comments by David Beasley, director of the UN’s World Food Programme, who made a call asking billionaires like Musk to step up now, on a one-time basis.Beasley specifically called for action from Musk and Amazon.com Inc. co-founder Jeff Bezos, the two men atop the Bloomberg Billionaires Index.Beasley says just $6 billion could keep 42 million people from dying.Musk says If the World Food Programme, using transparent and open accounting, can describe on this Twitter thread exactly how $6B will solve world hunger, he will sell Tesla stock and do it....more2minPlay
November 02, 2021Facebook Shuts Down Nicaraguan Government-Run Troll FarmFacebook Inc says it shut down a troll farm run by the Nicaraguan government that had been spreading anti-opposition messages across multiple accounts, a move that comes just days before presidential elections are set to be held in the Central American nation.The social media giant says that the troll farm was intended to amplify pro-government and anti-opposition content.Threat intelligence lead for Facebook’s parent company Meta, Ben Nimmo says this was really a cross-government operation; the troll farm consisted of several clusters which were run from multiple government entities at once.He says the company closed 937 accounts, 140 pages and 24 groups on Facebook, as well as 363 Instagram accounts, last month....more2minPlay
November 02, 2021India Targets Net-Zero Carbon Emissions By 2070India’s country’s prime minister has announced that the country’s economy will become carbon neutral by the year 2070.The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts.India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.Modi also said India would increase its 2030 target for an installed capacity of non-fossil energy from 450 to 500 gigawatts....more1minPlay
November 02, 2021China, Russia Push To Lift UN Sanctions On North KoreaChina and Russia are pushing the United Nations Security Council to ease sanctions on North Korea by reviving a 2019 attempt to remove a ban on Pyongyang’s exports of statues, seafood and textiles, and expanding it to include lifting a refined petroleum imports cap.China and Russia want the 15-member council to remove those sanctions with the intent of enhancing the livelihood of the civilian population in the isolated Asian state.The draft resolution also includes other measures first proposed by Russia and China nearly two years ago, including lifting a ban on North Koreans working abroad and exempting inter-Korean rail and road cooperation projects from sanctions....more1minPlay
November 02, 2021US Supreme Court Hears Texas Abortion Law CaseThe conservative-majority US Supreme Court hears challenges to the most restrictive law passed since abortion was made a constitutional right nearly 50 years ago.Dozens of protesters gathered outside the court in downtown Washington ahead of two hours of arguments before the nine-member panel.The Texas Heartbeat Act bans abortions after a heartbeat can be detected in the womb, which is normally around six weeks and makes no exceptions for rape or incest.The Supreme Court, which has a 6-3 conservative majority after Donald Trump nominated three justices, is to hear two hours of arguments in a case that has sparked a fierce legal and political battle....more1minPlay
FAQs about Africa Podcast Network:How many episodes does Africa Podcast Network have?The podcast currently has 2,202 episodes available.