Three Africans emerge 2022 Savvy Prize winners

Finally, the four finalists who will share the $4,450 Savvy Prize 2022 for Impact-Driven Entrepreneurs, have emerged. This Prize, running for its first year, seeks to recognize and support the efforts of Savvy Fellows working to solve some of the world’s most pressing problems through innovative and sustainable ways. The debut edition of the Savvy… Read More Three Africans emerge 2022 Savvy Prize winners

Ethiopian Airlines chief executive Tewolde Gebremariam announces resignation over health issues

Ethiopian Airlines CEO Tewolde Gebremariam, who transformed the airline into Africa’s biggest carrier, said on Wednesday he had resigned to focus on his medical treatment. In an internal memo to employees, he said he had had health issues for almost a year and had been working from the United States for the past five months… Read More Ethiopian Airlines chief executive Tewolde Gebremariam announces resignation over health issues

Ghana announces spending cuts to curb deficit and inflation

Ghana’s finance minister on Thursday announced sweeping spending cuts to reduce the deficit, contain rising inflation and slow the cedi’s slide, with the country facing a looming debt crisis. The West African gold, oil and cocoa producer has seen consumer inflation rise to over 15% and the cedi currency has lost more than 15% of… Read More Ghana announces spending cuts to curb deficit and inflation

Tigrayan forces agree to ceasefire proposal, give conditions for actualisation

Rebellious Tigrayan forces in Ethiopia have said they will respect a ceasefire proposed by Prime Minister Abiy Ahmed’s government as long as sufficient aid is delivered to their war-scarred northern region “within reasonable time”. The government in Addis Ababa declared the cessation of hostilities on Thursday, saying it was to allow aid to flow into… Read More Tigrayan forces agree to ceasefire proposal, give conditions for actualisation

Former Russian President Dmitry Medvedev says Western sanctions won’t sway Kremlin on Ukraine invasion

It is “foolish” to believe that Western sanctions against Russian businesses could have any effect on the Moscow government, Russian ex-president and deputy head of security council Dmitry Medvedev was quoted as saying on Friday. The sanctions will only consolidate the Russian society and not cause popular discontent with the authorities, Medvedev told Russia’s RIA… Read More Former Russian President Dmitry Medvedev says Western sanctions won’t sway Kremlin on Ukraine invasion

Russian ambassador Sergey Razov files lawsuit against Italian newspaper La Stampa over article on President Vladimir Putin

The Russian ambassador to Italy, Sergey Razov, said on Friday he was suing Italian newspaper La Stampa over an article that had raised the possibility of killing President Vladimir Putin. “Needless to say that this goes against the rules of journalism and morality,” Razov told reporters in front of the prosecutor’s office in Rome after… Read More Russian ambassador Sergey Razov files lawsuit against Italian newspaper La Stampa over article on President Vladimir Putin