Leaders of the 15 member states of the Economic Community of West African States (ECOWAS), have formally agreed to name a planned common currency the “ECO”. The currency would be based on a flexible exchange rate regime, coupled with a monetary policy framework focused on tackling inflation.
Politics and Society
Politics and Society Why the African Monetary Fund is a good idea and what can be done to get it going
Now that African countries have signed up for the continental free trade agreement, they must complete the institutional loop by jumpstarting the creation of the African Monetary Fund.
Politics and Society Nigerian women’s battle against rape, sexual harassment and religion
The Nigerian Church is one of the most oppressive institution in the country. Its victims are mostly women and the poor. These past few weeks, the #MeToo movement knocked on the doors of the Church and the response has not been so favourable. Nigerian women still have a huge fight on their hands as they mark small victories, punctuated by huge steps backwards.
Politics and Society Chemically modified drug shows promise for HIV cure
According to the University of Nebraska Medical Center a team of researchers, among them Kenyan assistant professor, Benson Edagwa, Ph.D have changed the chemical structure of an existing HIV drug to help it reach cells and tissues where the virus resides. This could hasten efforts towards an eventual HIV cure as the intervention has been ‘successful in mice’
Politics and Society Quick-fix solutions to Zimbabwe’s huge electricity crisis
Zimbabwe has a severe energy crisis because its major sources of electricity are struggling to keep up with demand.
Politics and Society Protests in the Gambia highlight tensions over Chinese investment in Africa
Locals accuse a fishmeal factory of polluting their waters.
Politics and Society Nigeria’s youngest Senator assaults a woman in a sex toy shop
A video showing a recently sworn-in Nigerian Senator assaulting a nursing mother has gone viral.
Politics and Society Zimbabwe Dollar Reinstated as sole legal tender
The Zimbabwean government has outlawed the use of all foreign currencies in local transactions. This includes the United States dollar, British pound, South African rand and Botswana pula. The Zimbabwe dollar will now be the sole legal tender in the country.
Politics and Society AFCON: When banter turns toxic
With AFCON in full swing, emotions are running high for supporters of their national teams. But is this an excuse for some of the derogatory and offensive remarks made by passionate fans online?