Economy

IMF approves disbursement of additional $247 million to Angola under extended fund facility

The Executive Board of the International Monetary Fund (IMF) on Thursday approved the disbursement of $247 million to Angola, bringing total disbursements under the extended Fund Facility (EFF) to SDR 1.073 billion (about US$1.48 billion).

New research shows technology could speed up growth in Africa

A new research published in the Harvard Business Review on Wednesday shows that although both the World Bank and the International Monetary Fund have made less optimistic projections about Africa in the years and decades to...

Buhari laments devastating effects of climate change on families and incomes in Nigeria

President Muhammadu Buhari Thursday in Abuja said climate change was steadily taking a toll on income of families as farm lands get narrowed with desert encroachments, while the vagaries of the weather pose greater risks for...

President Cyril Ramaphosa of South Africa cries out: The world’s 30th driest country facing a monumental water crisis

President Cyril Ramaphosa of South Africa sends out a newsletter to his countrymen every Monday where he discusses most pressing issues facing the country and how his administration is responding.On Monday,...

Nigeria’s extreme poverty ranking can be overcome by education – Atiku

In a speech he delivered on Saturday November 30, 2019, at the 14th Founders’ Day Ceremony of the American University of Nigeria, former Vice President Atiku Abubakar explained how Nigeria can stop being the "headquarter of extreme...

Nigeria’s minister of finance Zainab Ahmed sued over failed Chinese $460 million Abuja CCTV project

Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning over failure to “disclose information and specific documents on the total amount of money paid to...

From Malabo, Buhari makes another promise to Nigerians, this time, to begin construction of Ajaokuta-Kaduna-Kano gas pipeline

President Muhammadu Buhari Friday said that the Federal Government would soon commence the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline which would move gas from the Southern part of the country to the Nor

CHILLING DATA FROM AFRICA: $42 billion financing gap exists between men and women as 70 percent of women remain excluded financially

There are many myths against women in Africa, but the "high-risk" myth for financing is one of the most damaging to women and the society.According to that debunked and discredited, but yet,...

President Buhari receives United Nations Deputy Secretary General, Amina J. Mohammed

PRESIDENT BUHARI RECEIVES UN DEPUTY SEC GEN 1A. Presient Muhammadu Buhari receives The United Nations Deputy Secertary General, Ms Amina J. Mohammed during a courtesy visit at the State House. PHOTO; SUNDAY AGHAEZE. NOV 26 20198

FULL TEXT: IMF on Botswana’s economy in 2019 and 2020

IMF Staff Completes 2019 Article IV Mission to BotswanaEnd-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement...
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APC Women Leaders applaud N’Assembly leadership for peace, stability in governance

Women leaders of the ruling All Progressive Congress (APC) have applauded the leadership of the ninth...
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Buhari greets Professor emeritus J.P. Clark on 86th birthday

President Muhammadu Buhari warmly felicitates with Professor Emeritus, renowned poet and playwright, J.P. Clark, who  turns 86 December 6, 2019, congratulating...

Gabon president appoints eldest son Noureddin Bongo Valentin assistant to the president in charge of “all affairs of the state”

The President of Gabon Ali Bongo Ondimba has appointed his eldest son Noureddin Bongo Valentin as an assistant to the president...

Spectacular: Gambia, country in West Africa, sued Myanmar in Asia over genocide of their own people. Now, the world court to begin hearings...

The International Court of Justice (ICJ) in The Hague will hold its first hearings on Gambia’s genocide case against Myanmar December...

IMF approves disbursement of additional $247 million to Angola under extended fund facility

The Executive Board of the International Monetary Fund (IMF) on Thursday approved the disbursement of $247 million to Angola, bringing total...
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