Tag : Africa

Business

Africa launches first continental credit rating agency

omandailynews.com
– The African Union has formally launched the Africa Credit Rating Agency, known as AfCRA, in Mauritius. The agency will provide credit assessments for African sovereigns, companies, financial institutions and other issuers. Its launch took place in Port Louis during...
Business

Korea Africa chart new course AI digital infrastructure in Seoul

omandailynews.com
South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic Cooperation Ministerial Conference in Seoul. The upcoming ministerial gathering marks the 20th anniversary of the...
News

UN backs Equal Earth projection to fix Mercator map errors

omandailynews.com
The United Nations General Assembly adopted a international resolution on Friday calling for more accurate and balanced representations of relative continental landmasses on global maps. In a recorded vote that secured support from 107 member states, the global assembly addressed...
Health

DRC malaria cases surpass 26 million in 2025

omandailynews.com
The Democratic Republic of the Congo recorded 26,064,143 malaria cases in 2025. The country also reported 29,938 deaths linked to the disease during the year. Guy Esebe Dembo, deputy director of the National Malaria Control Programme, announced the figures during...
News

Africa moves higher on Austria trade and security agenda

omandailynews.com
ADDIS ABABA: Austrian Foreign Minister Beate Meinl-Reisinger said Africa is of strategic importance to Austria during a visit to Ethiopia on April 20, framing the continent’s development as directly linked to Austrian and European economic and security interests. The trip placed Ethiopia...
Business

Botswana downgrade adds pressure to diamond economy

omandailynews.com
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook. The cut leaves Botswana at...