African money transfer firms thrive as pandemic spurs online remittances

“The pandemic gave remittance companies an advantage over their main competition in Africa: the sprawling informal networks of traders, bus drivers and travellers used by many migrants to send money home.”

via Reuters

Stung by the pandemic, Ethiopia boosts health budget 46%, PM says

“Ethiopia has raised its health budget by 46% this year after the coronavirus crisis exposed the need for more equipment, facilities and personnel, Prime Minister Abiy Ahmed said.”

via Reuters

Pandemic spurs Africa’s mobile telcos to ramp up banking bid

“Africa’s mobile phone operators are ramping up plans to bring banking to millions of Africans, in some cases for the first time, after the coronavirus crisis caused a surge in use of digital financial services.”

via Reuters

Puzzled scientists seek reasons behind Africa’s low fatality rates from pandemic

“In May, the World Health Organization (WHO) warned that 190,000 people on the African continent could die if containment measures failed. Yet as the world marks 1 million COVID-19 deaths, Africa is doing much better than expected, with a lower percentage of deaths than other continents.”

via Reuters

For Ugandan activist, COVID-19 curbs set new hurdle in climate fight

“In a run-down residential compound in Kampala, Vanessa Nakate thrusts her fist in the air as she rallies 30 young demonstrators to defend their planet against climate change. Nakate’s demonstration in the Ugandan capital is part of a global day of youth action against climate change inspired by Sweden’s Greta Thunberg.”

via Reuters

South Africa’s $30bn COVID-19 relief package exposed to fraud

“South Africa’s auditor general said on Wednesday that some of the money in its 500 billion rand ($30 billion) COVID-19 relief package may have been fraudulently paid to improper beneficiaries. Reports of suspect deals between government officials and businesses providing medical equipment or food aid parcels to the poor, as well as mismanagement of the disaster fund, have sparked public outrage.”

via Reuters

Sub-Saharan Africa’s COVID-19-induced slump may last three years

“Much of sub-Saharan Africa has been spared the infection and death rates that have hit other parts of the world, data suggests, but its economies have been battered by the pandemic and restrictions imposed by governments to contain it.”

via Reuters

Kenya extends coronavirus curfew as cases rise outside capital

“Kenya’s president extended a nationwide curfew for another 30 days on Wednesday, saying coronavirus cases were rising in areas outside the capital. In a televised address, Uhuru Kenyatta also ordered bars and nightclubs shut for another 30 days.”

via Reuters

Nigeria to deny entry to countries that bar Nigerians

“Nigeria will bar entry to citizens of countries that do not allow in Nigerians due to coronavirus restrictions, Aviation Minister Hadi Sirika said on Thursday.”

via Reuters

Kenya central bank has ‘plenty of firepower’, governor says

“Kenya’s central bank governor said on Thursday that policymakers still had plenty of firepower left to limit the damage to the country’s economy from the coronavirus crisis.”

via Reuters