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Africa

Africa: Annual Retreat of the Group of African Ambassadors in China On Leveraging China’s 100 Percent Tariff-Free Offer to Advance Africa’s Development and Prosperity

eriinfo.com4 months ago05 mins

Under the auspices of H.E. Mahmoud Ali Youssouf, Chairperson of the African Union (AU) Commission, the AU Permanent Mission to China, led by H.E. Amb. Alhaji Sarjoh Bah, AU Permanent Representative to the People’s Republic of China, is convening the Annual Retreat of the Group of African Ambassadors in China on the theme “Leveraging China’s…

Africa

Africa: Nigeria Now Africa’s 2nd Largest Domestic Aviation Market, Records 10 Percent Growth – FAAN

eriinfo.com4 months ago05 mins

The managing director and chief executive of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku, has disclosed that Nigeria emerged as the second-largest domestic passenger market in Africa, recording over 10.5 million passengers and a 10 per cent year-on-year growth. Kuku made this known during her closing address at the ACI Africa Regional Conference…

Endangered monarch butterfly population surges 64 percent | Environment

eriinfo.com5 months ago01 mins

NewsFeed Mexico’s monarch butterfly population surged 64 percent this winter, raising hopes for the endangered species’ spring migration to the United States and Canada. Published On 27 Mar 202627 Mar 2026 Click here to share on social media share2 Share googleAdd Al Jazeera on Googleinfo

Africa

Africa: 57 Percent Construction Talent Gap, Slows Down Africa’s Infrastructure Boom

eriinfo.com5 months ago08 mins

Sub-Saharan Africa’s construction sector is entering a crucial transformational periods. At the centre of this transformation is the Programme for Infrastructure Development in Africa (PIDA), a continent-wide initiative designed to close critical infrastructure gaps by 2040 through more than 400 priority projects spanning energy, transport, ICT, and transboundary water systems. With over $360 billion committed,…

Africa: 80 Percent of Rural Households Without Direct Water Access – World Water Report

eriinfo.com5 months ago016 mins

A new United Nations report has warned that global water inequality remains one of the most pressing development challenges of the decade, with billions still lacking safe drinking water and sanitation – while women and girls continue to bear the heaviest burden of water insecurity. The United Nations World Water Development Report 2026, titled Water…

Meta reportedly planning to retrench 20 percent of its workforce amid AI pivot

eriinfo.com5 months ago03 mins

Meta may be preparing for one of the most significant rounds of layoffs in its history. According to a report from Reuters, the social media giant is considering cutting approximately 20% of its workforce. While the report indicates that neither a specific date nor the final headcount has been officially set, the scale of the…

Africa

Africa: Bank of Africa Niger Says Profit Dropped 92 Percent As Credit Risk Rises

eriinfo.com5 months ago05 mins

Bank of Africa Niger reported a 92% drop in net profit for 2025, according to a statement from its board dated 20 February 2026. The bank said the decline reflects pressure across Niger’s banking sector as lending activity slowed and asset quality weakened. Industry data show total credit in the country fell 4.1% in 2025,…

Africa

Africa: Nedbank Earnings Rise 2 Percent After Ecobank Exit and Transnet Settlement

eriinfo.com6 months ago05 mins

Nedbank Group reported a 2% increase in headline earnings to R17.2 billion for the year ended Dec. 31, 2025, as it completed the sale of its Ecobank stake and settled a dispute with Transnet. Diluted headline earnings per share rose 3% to 3,628 cents. Return on equity eased to 15.4% from 15.8%. The bank declared…

Africa

Africa: Telco Giant Sonatel Sees 8.3 Percent Jump in Annual Revenue

eriinfo.com6 months ago03 mins

Sonatel, the largest company by market value on the BRVM, reported consolidated revenue of 1,923.1 billion FCFA (about $3.47 billion) in 2025, up 8.3 percent year on year. Net income reached 413.6 billion FCFA (about $746.6 million), an increase of 5.1 percent from 2024. The company’s (BRVM: SNTS) EBITDAaL stood at 921.2 billion FCFA (about…

Africa

Africa: South Africa’s 2025 Matric Pass Rate Hits Record 88 Percent, but Maths Woes and Late Dropouts Temper Celebrations

eriinfo.com7 months ago02 mins

Minister Siviwe Gwarube hailed the Class of 2025’s NSC pass rate for climbing to 88%, the highest ever for more than 900,000 candidates, with KZN topping the provinces. Yet experts warn of low maths participation, slipping gateway subject performance, and sharp Grade 11-12 dropouts. Minister of Basic Education Siviwe Gwarube has announced that the National…