IMF, World Bank reach preliminary agreement to forgive most of Somalia’s debt measured at $5.3 billion in 2018
Somalia is eligible for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative, the Executive Boards of the ...
Day: February 14, 2020
Uganda’s economy growing well but significant risks persist, World Bank says
The World Bank said on Thursday the economy of Uganda continues to grow, driven by strong levels of domestic consumption ...
Chad’s economy broadly positive, recovering well, but spending pressures emerging, IMF says
The International Monetary Fund (IMF) said on Thursday the economy of Chad in central Africa was recovering well although some ...
U.S. Army Africa commanding general Major General Roger Cloutier gives rare insight into America’s operations on the continent
The U.S. Army Africa commanding general, Maj. Gen. Roger Cloutiera at a telephonic press briefing from Italy on Wednesday, discussed ...
UN Deputy Secretary-General Amina Muhammed engages young people in Nigeria
Following the global launch of the UN75 initiative – the world’s biggest conversation on the future we want, by the ...
Ohio resident charged with operating darknet-based Bitcoin “mixer” laundering over $300 million
An Ohio man was arrested for his operation of Helix, a Darknet-based cryptocurrency laundering service. In the three-count indictment unsealed ...
BREAKING: UN body urges Rwanda to end arbitrary detention and beating of street children
Human Rights Watch said on Friday the call by the United Nations Committee on the Rights of the Child for Rwanda to ...
Should the World Bank approve Nigeria’s multi-billion dollar loan request on Tuesday?
The Executive Board of the World Bank would meet in Washington DC on Tuesday to deliberate on a multi-billion dollar ...
Standard Chartered Bank signs $1.46 billion 550-kilometer long railway project with Tanzania
The Standard Chartered Bank has signed $1.46 billion railway project with Tanzania. Standard Chartered CEO Sanjay Rughani with Minister of ...
1500 Nigerian air travelers stranded in Ghana over archaic instrument landing system at Lagos airport during bad weather
Four days after the quartet of British Airways, Rwandair, Emirates and Qatar Airlines diverted their flights from the Murtala Muhammad ...