Connect with us

Behind the News

Behind the News: All the backstories to our major news this week

Published

on

Over the past week, there were many important stories from around the African continent, and we served you some of the most topical ones.

Here is a rundown of the backstories to some of the biggest news stories in Africa that we covered during the week:

Africa’s debt in focus as IMF, World Bank meet in Morocco

Africa’s bilateral loans and the general macroeconomy of the countries within the continent were in focus as multilateral bodies,
International Monetary Fund (IMF) and the World Bank had their annual meetings in Marrakech, Morocco, during the week.

The growing debt profile of many African countries is disturbing, and a reworking of the G20 framework has been proposed as a likely solution to managing the situation.

The level of indebtedness in African countries is at its highest in more than a decade, largely due to the COVID-19 pandemic, Russia’s invasion of Ukraine, and skyrocketing inflation. African nations were forced to incur even more debt, and as a result, 21 low-income African nations are currently either insolvent or at great risk of experiencing debt-influenced hardship.

Some African countries have received favourable consideration at the summit. While Zambia, which was the first African country to default in its current bilateral loans after the Covid-19 pandemic in 2020, agreed to a memorandum of understanding (MoU) with its bilateral creditors on restructuring about $6.3 billion of debt, Egypt began talks with the IMF to augment its rescue programme to more than $5 billion.

Talks also began between South Africa and the World Bank for a potential $1 billion loan to revamp its energy sector amidst the country’s recent electricity challenges. East African economic powerhouse, Kenya got a commitment of the IMF to do “whatever it takes” to help it resolve fiscal situations. On its part, West Africa’s Nigeria was counselled to raise its taxes to maximize the benefits of its recent fuel subsidy removal, a policy that has been lauded by the two multilateral bodies despite leading to spike in the cost of living in the country.

Despite the many calls by African leaders at the recently concluded 78th United Nations General Assembly for a new global financial architecture outside the present creditor system which according to him tilts in favour of lenders like the IMF and the World Bank, the Morocco summit birthed no specific fruits in that direction beyond opening more spaces for fresh round of debts, and commitments the continent will hope will yield positive results.

Nigeria’s post-subsidy removal troubles continue

During the week, fresh developments emerged following the policy of Nigeria’s government to remove fuel subsidy in May. First, it was reported that despite the open market policy on petrol importation, the country’s national oil firm, NNPC Ltd had again become the sole importer of petrol because licensed local private firms were unable to obtain foreign currency.

Another revelation was the claim by oil marketers that government had reintroduced fuel subsidy, which was followed by a rebuttal by state enterprise, the Nigerian National Petroleum Company Limited (NNPCL).

Although President Bola Tinubu had, during a nationwide address in August, revealed that the government had saved ₦1 trillion in the two months since the removal of petrol subsidy, it appears the
“subsidy gains” are not sufficient as sources within the presidency have been quoted on a reported bid by the Nigerian government to seek a fresh loan of $400m for the conditional cash transfer to 15 million households as the country seeks to cushion the effect of fuel subsidy removal.

The $400m will bring to $1.2bn, the amount that the Federal Government is borrowing from the World Bank for the cash transfer, as it had earlier secured a loan of $800m for the same purpose.

Meanwhile, inability to refine locally, despite the launch of a 650,000 BPD integrated private refinery in May, and unstable exchange rate remain factors in the country’s rising inflation rates and cost of living.

Malian, Russian leaders in new talks to boost relations

The Russian government, during the week, confirmed that its President, Vladimir Putin discussed trade and security with Mali’s military leader, Colonel Assimi Goita.

Putin’s frequent interactions with Assimi Goita, the interim leader of Mali, highlight Moscow’s keen interest in expanding its sway in the violently unstable Sahel region of West Africa, where it is fostering close security connections at the expense of France and the United States.

At a conference in Russia in July, Putin agreed to give free grain to six African nations, including Mali. He spoke to Goita on August 15 and September 10 after meeting him there, according to the Kremlin.

Against Western governments’ opposition, Russia’s Wagner mercenary group, whose leader, Yevgeny Prigozhin, was killed in a plane crash in August, has been active in supporting Goita’s administration in Mali, Chad, Burkina Faso, Libya, among others.

Another Nigerian athlete, Oduduru in doping crisis

The Athletics Integrity Unit (AIU) has slammed Nigerian sprinter, Divine Oduduru with a six-year ban for two doping violations, including possession of prohibited substances and attempted use of a prohibited substance or method.

The Nigerian athlete had been provisionally suspended on February 9 after he was linked to a doping case involving former African 100m champion, Blessing Okagbare, who was banned for 11 years for doping in 2022.

Okagbare’s case came to light after US prosecutors charged therapist, Eric Lira with supplying performance-enhancing drugs to athletes at the Tokyo Olympics. Oduduru’s ban raises concern about increasing doping offences in the country, with three other Nigerian athletes suspended for doping offences in the last one year.

Another Nigerian athlete, Nzubechi Grace Nwokocha, a member of the gold-winning relay team in the 2022 Commonwealth Games, was given a provisional suspension by the team in September of that year for using illegal substances.

Beyond the short-distance track and field categories dominated by Nigerians, East Africans— especially Kenyans and Ethiopians— who have dominated long-distance races for decades, have also had athletes like 10 kilometres road race world record holder, Rhonex Kipruto, Betty Wilson Lempus and 800m specialist, Eglay Nalyanya, amongst others, banned, leaving a disturbing and damaging effect on the continent’s sporting image.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Behind the News

Behind the News: All the backstories to our major news this week

Published

on

Over the past week, there were lots of important stories from around the African continent, and we served you some of the most topical ones.

Here is a rundown of the backstories to some of the biggest news in Africa that we covered during the week:

1. Renewed Hope: Tinubu’s regular sing-song and the sad reality of Nigeria

During the week in review, Nigeria’s President Bola Tinubu was once again at his rhetorical best when he pronounced the all the tough policy decisions and reforms he has undertaken since coming into office almost a year are have been in the best interest of Nigerians and the good of the country.

Tinubu who spoke during a bilateral business session with Dutch Prime Minister Mark Rutte at the Hague in the Netherlands, said every of his decisions were taken with the interest of his fellow citizens at heart.

He reiterated that his policies which have caused pains and anguish for Nigerians were in their best interest.

“I am a determined leader of my people. I am ever ready to take tough decisions in the best interest of the people, even if with initial pains,” Tinubu said.

“I have and will continue to take the difficult decisions that will benefit our people, even if there is short-term pain,” he added.

But beyond the regular promises of better days ahead by Tinubu and his team, the reality on ground in the country does not seem to align with so much optimism.

The first sign that things were going to be tough was when Tinubu pronounced the end of fuel subsidy in his inaugural address to the nation on May 29, 2023, without as much of a plan to ameliorate the anticipated economic crisis that was to follow.

Despite later attempts to provide some succour and buffers to cushion the effects of the subsidy removal, things have gone from bad to worse with the cost of living rising through the roof.

Inflation has gone up to an all time high of 30.20% according to the Nigeria Bureau of Statistics while prices of basic goods have gone beyond the reach of the average Nigerians, many who find it difficult to provide for their families.

But to President Tinubu, the pains and hardship Nigerians are currently going through will soon be a thing of the past because, according to him, his “tough policies” would yield positive results in the end.

“We have gone through the worst of the storms. I am unafraid of the consequences once I know that my actions are in the best long-term interests of all Nigerians,” he posited.

Nigerians are indeed waiting patiently for the fulfilment of these promises and are looking forward to a time they will go back to living a normal life again!

2. Discriminatory Chinese supermarket meets its match as Nigerian govt shuts mall

A Chinese supermarket located in the heart of Abuja, Nigeria’s capital, ran into hot water when the Federal Competition and Consumer Protection Commission (FCCPC), shut it down following allegations of discrimination against Nigerian shoppers.

Before the action of the government agency, a report had indicted that the supermarket located within the premises of the China General Chamber of Commerce in Abuja, was in the habit of barring Nigerian citizens from shopping in the mall.

Following the exposè which came with video evidence and investigations carried out by the FCCPC turned out to be true, officials of the agency promptly moved in and shut down the mall.

Director for Surveillance and Investigation of FCCPC, Boladale Adeyinka, who led the team, said they took the action was in response to a viral video showing Nigerians being discriminated against and not being able to get into an Abuja supermarket.

“The essence of the surveillance and investigation that we conducted today is to verify the allegations and the content of that viral video,” she told journalists during the exercise.

That was not the first time foreign business ventures have discriminated against Africans in their own country by refusing them their services.

A few years ago, a Chinese restaurant in Lagos was in the news for refusing to serve a Nigerian couple and it took the intervention of the state government for normalcy to return to the outfit after some Nigerian youth decided to vent their anger on the eatery.

Many Chinese, Lebanese and other companies run by foreigners in Nigeria have been found to discriminate against their Nigerian staff and customers but as usual, the powers that be have always turned a blind eye to such allegations, largely because the business owners have their plugs in the right places while the victims are always at the lower rung of the society.

3. Runaway Binance executive reportedly nabbed in Kenya

It was reportedly a bad day in the office for an executive director of global cryptocurrency firm, Binance Holdings Limited, Nadeem Anjarwalla, who had escaped from lawful detention in Nigeria, as he was arrested in Kenya.

Anjarwalla, a British-Kenyan citizen was arrested on arrival in Nigeria on February 26, along with another Binance official, Tigran Gambaryan, on allegations of tax evasion, money laundering and other charges.

But on March 22, Anjarwalla made an audacious escape from a guest house where he and Gambaryan were being held and was promptly declared wanted with the Nigerian authorities engaging the services of Interpol to help track him down.

The manhunt for Anjarwalla was ended when he was arrested in his hideout by a combination of Kenyan police and operatives of the Interpol.

The Kenya Police Service, in a statement confirming the arrest of the fugitive, said the fleeing Binance executive was arrested in “conjunction with the International Criminal Police Organisation (Interpol) and moves were being perfected for his extradition to Nigeria.

But beyond the arrest of Anjarwalla and the embarrassment it caused the country’s security agencies, a lot of questions have arisen from the episode.

Many Nigerians have continued to wonder how he managed to escape from the so-called safe house he and his colleague were being held.

How could Anjarwalla stage such an escape without the active connivance of some security officials who must have had their palms greased?

How did he manage to get a replacement passport to leave the country since his original passport had been seized by the Economic and Financial Crimes Commission upon his arrest?

Questions, and more questions have continued to rise and Nigerians are waiting for answers, if they will come at all.

4. Zambian CSO blames media polarisation for biased reportage

The Executive Director of a Zambian civil society organisation, Chama Mwansa, has blamed the polarisation of the media for biased coverage and reportage in the country.

Mwansa who is the ED of the Chandarika Women and Youths Foundation, in an interview with Zambia Monitor, said the media was balkanized between private and state-owned media outlets which has led to a bias in news coverage.

“The media plays a crucial role in society. Media freedom allows for comprehensive coverage of various perspectives, whether from the opposition or the ruling party,” she said in the interview.

She also harped on the importance of media freedom, freedom of speech, and digital rights in promoting social and economic development, and emphasized on the importance of media partnerships in facilitating coverage of events.

Mwansa’s observations on the polarisation of the media industry in her country can also be replicated in many African countries where the media is gagged and practitioners are made to look like the dregs of the society.

In many African countries, journalists are seen as dangerous species with many of them treated with disdain. Many journalists in different parts of the continent have been abducted, brutalized and killed for just doing their jobs which have constantly raised the question on the safety and freedom of journalists.

5. Al Ahly, Esperance in clash of titans for CAF Champions League trophy

For the fourth straight seasons, two of Africa’s most successful clubsides, Al Ahly of Egypt and Esperance of Tunisia, will clash in the final of the TotalEnergies CAF Champions League scheduled for next month.

Al Ahly which is the current holders of the title and their long-standing rivals Esperance, booked their places in the final in dramatic fashions to earn their places in the final of Africa’s epic football tournament.

Al Ahly cruised past former champions TP Mazembe of the DRC 3-0 in their two-legged semi final tie, while Esperance defeated another former winner, Mamelodi Sundowns of South Africa, running out with a 2-0 aggregate victory.

Al Ahly, winners of the five of the last seven editions of the CAF Champions League, will be aiming for her 12 trophy when they visit Esperance for the first leg in Rades on May 18, while the Tunisian giants will be gunning for a fifth Champions League title, which clearly puts the two teams as the best in the continent.

The second leg will hold in Cairo a week later, which, on paper, gives Ahly a sense of home advantage.

  1. But however it turns out, there will surely be fireworks as the two teams battle for the glory in the two-legged final and surely, whichever team comes out tops will be the best for the African continent.

Continue Reading

Behind the News

Behind the News: All the backstories to our major news this week

Published

on

Over the past week, there were many important stories from around the African continent, and we served you some of the most topical ones. Here is a rundown of the backstories to some of the biggest news stories in Africa that we covered during the week:

Nigeria’s big feat against meningitis

Nigeria made a significant step in its fight against the World Health Organization (WHO) announced on Monday that Nigeria is the first country in the world to give out Men5CV, a “revolutionary” new vaccine. People are getting sick more in Nigeria than anywhere else in Africa. They say that the number of cases each year went up by 50% in 26 African countries that are known to have a high risk of meningitis.

Nigeria is the first country in the world to have given this vaccine which protects against five strains of the meningococcus bacteria. The Vaccine Alliance (Gavi) pays for the vaccine and emergency vaccination operations.

In Nigeria, between October 1, 2023, and March 11, 2024, there was an outbreak of Neisseria meningitidis (meningococcus) serogroup C that caused 1742 suspected cases of meningitis, 101 confirmed cases, and 153 deaths in seven of the country’s 36 states. These states were Adamawa, Bauchi, Gombe, Jigawa, Katsina, Yobe, and Zamfara.

Gavi also pays for the global meningitis vaccine stockpile and helps low-income countries get regular meningitis shots. Nigeria is one of 26 countries in Africa where meningitis is very common. It is in an area called the African Meningitis Belt. The number of meningitis cases reported each year in Africa rose by 50% last year.

Being a serious infection, meningitis makes the membranes (meninges) that cover the neurons in the brain and spinal cord swell up. Viral, bacterial, fungal, and parasite pathogens are some of the things that can cause meningitis. Headaches, fevers, and stiff neck are common signs. Bacterial meningitis is the worst kind. It can also lead to septicemia, which is blood poisoning, and people who get it can become severely disabled or die within 24 hours.

Besides Nigeria’s meningitis vaccine campaign, the international summit on meningitis in Paris will be a big step toward ending the disease as leaders will meet to celebrate progress, discuss problems, and decide what to do next.

Britain /Rwanda migration deal remains stuck

Rishi Sunak’s plans to send asylum seekers to Rwanda took another defeat this week when they were turned down again by the upper house of parliament in Britain. The parliament came up with changes that would slow down the policy but not stop it. The leader of the country thinks this will help his party win the next election.

Last year, the British government said it was going to send thousands of refugees back to the East African country. This was done to stop people from trying to get protection by crossing the English Channel in small boats from France. Part of an agreement worth £148 million is the idea.

Despite a Supreme Court’s ruling against the controversial move, Sunak has pushed to enact the law through parliament, praying that British courts should consider Rwanda a safe place to visit and that people should only be able to appeal in very rare situations. Europeans have become worried about people coming in illegally from the Middle East and Africa these days. As of June 2023, a record 45,000 people had flown in small boats across the English Channel.

Since Monday, when the House of Commons turned down the House of Lords’ second set of plans to change the new laws, they tried again. The House of Lords is Britain’s appointed upper house. But it’s not likely that the move will stop the bill from being passed this week. If it does, it will become law.

Ahead of the elections later this year, Sunak has put a lot of political capital into the Rwanda plan. He says it will help him keep his word to stop small boats carrying thousands of people who are trying to get into Britain illegally.

About 14.4% of the UK’s population, or 9.5 million people, were born outside of the UK in 2021. A record 45,000 people, mostly from France, crossed the English Channel in small boats last year. More than 11,000 people have been here so far this year. Getting rid of illegal immigration is one of Prime Minister Rishi Sunak’s top objectives.

 

Burkina Faso takes further steps from France

West African country, Burkina Faso has continued its diplomatic stance against former colonialist, France as it expelled three French diplomats allegedly being involved in actions against the government. The West African country, under military rule like five others in the subregion in a letter sent April 16 to the French embassy said that the three diplomats, two of whom were named as political advisers, were told they were not welcome in the country and had 48 hours to leave.

Sources quoted by Reuters said the officials were kicked out because they met with people from the public. There have been five coups in the area in the last three years. Most of them were linked to ties with France. The latest coup in Niger could make things harder for food markets in Nigeria and other West African countries, the World Bank said not long ago.

Around the world, rights groups, and other interest bodies claim that the junta restricts the freedom of speech and is scaring off critics while it tries to deal with a security crisis caused by rebels with ties to Iran and Al-Qaeda.

Last year, the government announced that it had suspended the 2018 military accord with France, though it still wanted support in the form of equipment. France deploys about 400 special forces soldiers in Burkina Faso, which the military government rules, but relations have deteriorated and tensions have soared in recent months.

Burkina Faso is one of the poorest in the world, and over the past ten years, a war that started in Mali and spread across the Sahel has killed thousands of people. People in the country are more against France now than they were a few months ago because they think that France’s armed presence has not made things safer, expelling its diplomatic might just be another low in their relations as the wave against the former European colonialists continues across the subregion.

 

Nigeria: ‘World beater’ Onakoya sets new chess record

Nigerian chess prodigy, Tunda Onakoya began an attempt at a 58 hours play of the game to surpass the world record of 56 hours, nine minutes, and 37 seconds, which was set by the Norwegian duo of Hallvard Haug Flatebø and Sjur Ferkingstad in 2018.  Onakoya has broken the record set in 2018 by 56 hours. He also wants to raise $1 million for his charity, “Gift of Chess and Chess in Slums Africa,” which he has used to help vulnerable children in Africa.

For 60 hours straight, Onakoya played in Times Square in New York City to raise money for the schooling of poor children in Africa as he played from Wednesday morning until early Saturday morning, having been inspired by the huge number of people who wanted to see him succeed.

Within Nigeria, Onakoya is well known for starting the Chess in Slums project in 2018 in Ikorodu, which is on the outskirts of Lagos. Often outcast young people, many of whom don’t go to school and work to support their families, can learn to play chess at the organization with the country having one of the highest rates of child absence from school in the world, with more than 10 million kids of school age not going to school.

The Guinness Book of World Records has not yet confirmed the new record. This process can take up to two weeks. Whatever the case, Onakoya’s accomplishment has already had a big effect, showing that even from “corners of disadvantage,” big changes are possible.

Continue Reading

EDITOR’S PICK

Behind the News2 hours ago

Behind the News: All the backstories to our major news this week

Over the past week, there were lots of important stories from around the African continent, and we served you some...

Video2 hours ago

Video: How Rwanda is driving Ai revolution in Africa

In this video, the Managing Director of Rwanda’s Centre for the Fourth Industrial Revolution, Crystal Rugege, speaks on the country’s...

Strictly Personal3 hours ago

This Sudan war is too senseless; time we ended it, By Tee Ngugi

Why are the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RPF) engaged in a vicious struggle? It...

Politics3 hours ago

Burkina Faso investigating reports of northern killings

A government spokesman has revealed that Burkina Faso is looking into reports that 223 people were killed by the Burkinabe...

VenturesNow3 hours ago

Nigeria: Bureaux De Change operators to harmonise retail FX market

Amidst the volatility around the Nigerian currency and its foreign exchange market, the Association of Bureaux De Change Operators in...

Musings From Abroad9 hours ago

France willing to pay for Morocco’s 3GW power line to Western Sahara

Bruno Le Maire, the French finance minister, said on Friday that France was ready to help pay for a 3...

Metro10 hours ago

Nigerian troops neutralise 216 terrorists, arrest 332 in one week— Official

The Nigerian Army Defence Headquarters (DHQ) says troops from different operation theaters across the country neutralised 216 terrorists and arrested...

Musings From Abroad10 hours ago

Nigeria loses $9.2 billion to foreign shipowners

A group of maritime experts has revealed that Nigeria loses $9.2bn a year to foreign shipping lines that carry goods...

VenturesNow10 hours ago

Nigeria wants managers for proposed $10 billion diaspora fund

A tender paper shows that Nigeria is looking for fund managers for a $10 billion diaspora fund to bring in...

Sports1 day ago

Al Ahly, Esperance to clash in CAF Champions League final

Two of Africa’s club giants, Egypt’s Al Ahly and Esperance of Tunisia, will do battle next month over two legs...

Trending