Hundreds of people are feared dead in Sierra Leone’s capital city following a massive mudslide. Dozens of houses were submerged in mud after heavy rain caused a hillside to collapse in the mountain town of Regent on the outskirts of Freetown. Some reports put the death toll as high as 200. As many as 60 children are thought to be …

Ghana’s central bank has revoked the operating licenses of two distressed local banks and transferred their deposits and selected assets to state-owned GCB Bank in order to protect financial stability, it said on Monday. The liquidation of UT Bank and Capital Bank became necessary in order to protect depositors funds owing to the “severe impairment” of their capital, the central …

Fifteen young African entrepreneurs have emerged as finalists from a field of more than 800 applicants for the seventh annual Anzisha Prize, Africa’s premier award for her youngest entrepreneurs. Supported by African Leadership Academy (ALA) in partnership with the Mastercard Foundation, the Anzisha Prize celebrates and cultivates the next generation of young African entrepreneurial leaders who are creating job opportunities, …