Tuesday’S African Short News Roundup
(MENAFN- The Rio Times) Welcome to The Rio Times' daily roundup of short news from Africa. We curate the latest and most important stories to keep you informed about the continent's current events.
From Political updates to cultural highlights, our selection ensures you stay up-to-date with Africa's dynamic landscape. Join us as we explore today's top headlines.
South Africa Achieves First Budget Surplus in 15 Years
The South African government reported a primary budget surplus for the first time in 15 years, thanks to prudent fiscal measures.
Uganda's coffee exports to Turkey soar
Uganda's coffee exports to Turkey are set to reach $1.5 billion by 2025, driven by intensified commercial diplomacy efforts by the Ugandan Embassy.
Nigeria's Dangote Refinery Exports Diesel
Nigeria's new Dangote oil refinery has begun exporting diesel to neighboring West African countries. Imports from the EU and UK have fallen to a four-year low.
Ethiopia and South Sudan Collaborate on Cross-Border Road
Ethiopia and South Sudan are building a 220-kilometer (124-mile) cross-border road costing $738 million, enhancing connectivity between the two nations.
Turkey Mediates Somalia-Ethiopia Port Deal Dispute
Turkey is mediating between Somalia and Ethiopia over a port deal Addis Ababa signed with Somaliland. Mogadishu deems the deal illegal, sources told Reuters.
The IMF approves an additional $360 million for Ghana
The IMF approved the second review of Ghana's economic reforms, releasing an additional $360 million. Ghana has received $1.56 billion of a $3 billion loan.
EU companies invest $45 billion in Egypt
European Commission President Ursula von der Leyen announced a $45 billion investment from European companies to support Egypt's economic recovery post-COVID-19.
Côte d'Ivoire Receives First Malaria Vaccines
Côte d'Ivoire received its first malaria vaccines and plans to vaccinate 250,000 children aged 0 to 23 months across 16 regions.
Uganda Airlines to Invest $95 Million
Uganda Airlines will spend $95 million this fiscal year on supplies, services, and work, aiming to create jobs and reach 700,000 passengers by the end of 2024.
South African artists triumph at the BET Awards
South African artists Tyla and Makhadzi won big at the BET Awards. Tyla won Best New Artist and Best International Act, while Makhadzi took the Viewers' Choice award.
Amapiano, the genre they popularize, hit 1.4 billion streams on Spotify last year and is expected to top 2 billion this year.
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