[wanabidii] It's not looking pretty: airlines exit Nigeria on slowing economy hit by dollar shortage (M&G Africa)

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It's not looking pretty: airlines exit Nigeria on slowing economy hit by dollar shortage   Nigeria owed $575 million in outstanding air fares, as of March 31, according to the International Air Transport Association

UPDATE: Somalia's Al-Shabaab battle Ethiopian troops; over 100 killed   Raid follows an attack in January by al-Shabaab on a base used by Kenyan soldiers in which the Islamists claimed dozens of troops were killed

MTN cuts jobs, scratchcards to survive South Sudan crisis as inflation hits 266%, highest official rate in world   "We have made losses since we started operating in 2011" - MTN's Khumbulani Dhlomo

In Zimbabwe, a strange black market where the American dollar trades against itself   "The dollar has an exchange rate against the dollar. How is that possible? I think it's another Zimbabwean first"

More from the Mail & Guardian Africa

Africa has got a big tomato problem: a little pest is wiping them out, and prices are sky-rocketing Africa exported almost $800 million of tomatoes in 2015, or about 10% of the world's total

Malawi food crisis means people may eat corn often left for cows and chicken The yellow variety is mostly used in sub-Saharan Africa to feed livestock and poultry, giving a darker shade to egg shells and yolks

Gas may yet transform Mozambique even as debt and low fuel prices darken confidence Gas will account for 24% of global power generation by 2040; Mozambique's projects need to proceed quickly to take advantage of the next market upturn

The threats come in many forms; Africa's rich 'blue economy' cries for tender loving care 39 African countries had less than 1%, or no, territorial sea protection - yet continent's fisheries sector is worth more than $24 billion

Informal sector on taxman's radar as East African Finance ministers announce spending boosts The World Bank forecasts economic growth of 5% or more this year for Kenya, Tanzania, Uganda and Rwanda

South African economy shrinks by 1.2% in first quarter of 2016; unemployment hits 8-year high S&P Global Ratings warned it could cut country's debt to junk if the economy doesn't improve or if institutions are weakened by political interference

Africa's 'forgotten' but growing international security threat: the information revolution The rate of uptake of technology on the continent has been dizzying, but the pitfalls could be deeper if not anticipated.

A quarter of a century after independence suffering Eritreans still yearn for freedom Money is flowing in exchange for allowing countries – ironically including both Iran and Israel – to maintain military bases within its borders

Africa has got a big tomato problem: a little pest is wiping them out, and prices are sky-rocketing Africa exported almost $800 million of tomatoes in 2015, or about 10% of the world's total

Environmental crimes rising and may cost world economy a record $258 billion, says study Proceeds from illegal logging to trafficking of hazardous waste and illicit gold mining funding rebel groups and criminal syndicates

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