Trends - Africa - Business Recorder

Africa

US not trying to ‘outdo’ world powers in Africa, says Blinken

PRETORIA: The United States is seeking a “true partnership” with Africa and not trying to “outdo” other world powers...

Published 08 Aug, 2022 08:05pm

World

UN urges Africa to swap commodities for tech

DAKAR: The UN’s trade body on Thursday said African economies were vulnerable to a triple shock as it urged...

Published 15 Jul, 2022 07:45am

India reports first case of monkeypox

MUMBAI/BENGALURU: India reported its first confirmed case of monkeypox on Thursday, the head of the national ...

Published 15 Jul, 2022 06:20am

World

NATO wary of Russian, Chinese ‘gains’ on southern flank

MADRID: NATO chief Jens Stoltenberg pledged more support for countries in Africa and the Middle East as the alliance...

Published 30 Jun, 2022 08:50pm

Life & Style

First ever 'Africa Fashion' exhibition to open in London

LONDON: Britain's most extensive exhibition of African fashion is set to open in London, showcasing designers past...

Published 28 Jun, 2022 12:32pm

World

Moderna announces first African vaccine facility in Kenya

NAIROBI: US vaccine maker Moderna announced Monday that it would build its first mRNA jab-manufacturing facility in...

Published 07 Mar, 2022 08:19pm

World

BioNTech to ship mobile Covid vaccine labs to Africa

MARBURG: Germany's BioNTech, which together with Pfizer developed the first mRNA vaccine against the coronavirus,...

Published 16 Feb, 2022 07:28pm

World

Covid surge in Africa, but fewer deaths than before: WHO

BRAZZAVILLE: Africa has recorded a massive rise in Covid cases over the last week, but the number of deaths is lower...

Published 14 Dec, 2021 09:10pm

Supplements

Why Kenya should be your next holiday destination

TEXT: You might spot the Big Five Kenya is one of Africa’s greatest wildlife watching destinations, as it is home...

Published 14 Dec, 2021 06:40am

World

'Extreme' vaccine discrimination risks leaving Africa behind

LONDON: Africa has little chance of overcoming the COVID-19 pandemic unless 70% of its population is vaccinated by...

Published 06 Dec, 2021 11:20am

World

China leader promises Africa 1 bn Covid vaccine doses

DIAMNIADIO: China's president pledged to offer Africa one billion Covid vaccine doses on Monday, with the continent...

Published 30 Nov, 2021 12:36am

World

Blinken says US investing in Africa without unsustainable debt

DAKAR: US Secretary of State Antony Blinken said on Saturday his country was investing in Africa without imposing...

Updated 20 Nov, 2021 05:23pm

World

Germany's BioNTech to build Africa vaccine plant from 2022

FRANKFURT: Germany's BioNTech, which developed a coronavirus vaccine with US pharmaceutical giant Pfizer, said...

Published 26 Oct, 2021 08:06pm

World

As Africa's glaciers melt, millions face drought and floods, UN says

JOHANNESBURG: Africa's fabled eastern glaciers will vanish in two decades, 118 million poor people face drought,...

Published 20 Oct, 2021 11:17am

Technology

Google to invest $1 bn to lift Africa internet access

JOHANNESBURG: Google on Wednesday said it will invest $1 billion over the next five years to allow for faster and...

Published 06 Oct, 2021 05:27pm

World

Pfizer pushes for 3rd shot as variant drives global outbreaks

This led the World Health Organization to warn that the world was at a "perilous point" as the official global death toll passed four million

Published 09 Jul, 2021 09:32am

World

Africa suffers record number of Covid cases

African nations combined saw a daily average of 36,141 new Covid-19 cases from June 28 to July 4.

Published 05 Jul, 2021 09:12pm

World

Nigerian army chief dies in air force plane crash

The presidency said the army general and other military officers died in the crash on Friday.

Published 22 May, 2021 10:42am

Business & Finance

Saudi to invest $1 billion in Africa for pandemic recovery

Saudi Arabia has already invested some $4 billion in various projects in the continent's energy, mining, telecommunications and food sectors, Prince Mohamed said.

Published 19 May, 2021 08:45pm

Markets

Global Islamic finance forecast to grow as main markets recover: S&P

S&P also highlighted that the full impact of the coronavirus crisis has yet to materialise and more requests for sukuk restructurings and maturity extensions, as well as higher default rates, are expected this year.

Published 03 May, 2021 01:44pm

World

India's curb on Covid jab exports 'problematic' for Africa: official

Sputnik V has been privately imported and is being sold for around $70 (59 euros) for two doses to wealthy Kenyans.

Published 01 Apr, 2021 04:37pm

Pakistan

Tajikistan invited to benefit from Gwadar Port

DUSHANBE (Tajiki-stan): Foreign Minister Shah Mehmood Qureshi on Wednesday invited Tajikistan to benefit from...

Published 01 Apr, 2021 04:10am

World

South Asia rated as most polluted region despite improvement in air quality globally: Report

Report highlights unprecedented clean air as a result of short term COVID-19 lockdown measures, as well as extreme pollution episodes related to climate change, such as wildfires and sandstorms
Only 24 countries out of 106 met World Health Organization (WHO) annual guidelines for PM2.5 in 2020

Published 11 Mar, 2021 05:12pm

World

Africa virus fight boosted as jabs reach Nigeria, DRC and Angola

"We will first inform the population, let them see the benefits of these vaccines. And then we will vaccinate the population," Longondo said.

Published 03 Mar, 2021 11:46am

World

Just 4% of Covid research relevant to Africa: study

"The time has come that authoritative journals need to turn to authors and ask where local representation is on papers describing health systems in regions that are not there own," they wrote.

Published 02 Mar, 2021 11:10am

World

Uganda opposition leader Bobi Wine files election challenge in court

Ugandan opposition leader Bobi Wine filed a legal challenge in the country’s supreme court on Monday seeking cancellation of the results of last month’s presidential election that handed victory to incumbent Yoweri Museveni, his party’s lawyer said.
The former guerrilla leader, who has led the East African country since 1986, was declared winner of the Jan. 14 vote with 59% of the vote, while Wine was given 35%.

Published 01 Feb, 2021 04:40pm

Business & Finance

Pakistan should take advantage of trade potential in Africa: Chairman PSATF

The Trade and Investment Center will soon provide excellent assistance to traders and investors in Pakistan and other countries in introducing their products and increasing exports.

Published 01 Feb, 2021 03:43pm

Business & Finance

After success in International Fair, Dawood calls exporters to aggressively pursue Africa

The advisor informed that orders worth USD 2 million were received and deals worth USD 3 million are under process.

Published 30 Jan, 2021 03:45pm

World

One third of Africa will be vaccinated this year: WHO

The Covax vaccines will cover at least 20 percent of the population, with the rest "complemented" by AVATT, he added.

Published 28 Jan, 2021 09:58pm

World

Uganda accuses U.S. of subversion after envoy tries to visit Wine's house

Uganda’s government spokesman accused the United States on Tuesday of trying to subvert last week’s presidential elections after the U.S. ambassador attempted to visit an opposition leader being held under house arrest.
The sharp, public rebuke to the United States from the Ugandan government is relatively unusual as the two nations are allies.

Updated 19 Jan, 2021 04:40pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 14 786 Investments Limited(786)	4.91 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 14 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 14 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 14 Allied Bank Limited(ABL)	69.85 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 14 Abbott Laboratories (Pakistan) Limited(ABOT)	622.22 ▼ 0.00 (0.00%)
Abson Ind. / Aug 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 14 Alfalah Consumer Index ETF.(ACIETF)	8.00 ▼ 0.00 (0.00%)
Attock Cement / Aug 14 Attock Cement Pakistan Limited(ACPL)	75.88 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 14 786 Investments Limited(786)	4.91 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 14 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 14 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 14 Allied Bank Limited(ABL)	69.85 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 14 Abbott Laboratories (Pakistan) Limited(ABOT)	622.22 ▼ 0.00 (0.00%)
Abson Ind. / Aug 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 14 Alfalah Consumer Index ETF.(ACIETF)	8.00 ▼ 0.00 (0.00%)
Attock Cement / Aug 14 Attock Cement Pakistan Limited(ACPL)	75.88 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 12	216.50
USD PKR Interbank Buying / Aug 12	215.50
USD to Japanese Yen / Aug 12	133.42
USD to Swiss Franc / Aug 12	0.94
Pound Sterling to USD / Aug 12	1.21
Euro to USD / Aug 12	1.03
UK LIBOR % / Aug 12	2.32

Stock	Volume
S&P 500 / Aug 12	4280.15
India Sensex / Aug 12	59462.78
Tokyo Nikkei / Aug 12	28546.98
Nasdaq / Aug 12	13047.19
Hang Seng / Aug 12	20175.62
FTSE 100 / Aug 12	7500.89
Dow Jones / Aug 12	33761.05
Germany DAX 30 / Aug 12	13795.85
France CAC40 / Aug 12	6553.86

Item	Value
Crude Oil USD/Barrel / Aug 12	92.09
Karachi Cotton PKR/37.32 KG / Aug 12	17735.00
Gold 10 Grams PKR / Aug 12	129600.00
Gold Spot USD/Ounce / Aug 12	1802.40
Cotton US¢/pound / Aug 12	108.59

Africa

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