CHAD

Victims of former Chadian dictator Hissène Habré yet to receive any reparations

The victims of the former Chadian dictator Hissène Habré have yet to receive any reparations four years after his historic atrocity conviction in Senegal, human rights advocates said on Friday. On May 30, 2016, Habré was convicted of...

African Development Bank approves $43 million (€40 million) in grants for bridge linking Cameroon and Chad

The Board of Directors of the African Development Bank Group has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river. The grants,...

BREAKING: Chad asks IMF for $115 million to respond to COVID-19 economic sabotage

The Executive Board of the International Monetary Fund (IMF) is considering an urgent request made by Chad for a disbursement of $115 million to the central African country to respond to COVID-19 economic sabotage under a...

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 spending pressures were beginning to emerge. “Economic activity is expected to continue...

Belittled by Trump, France’s Macron finds his muscles in Africa, summons five leaders with tone used in colonial era

U.S. President Donald Trump may not be loved in most countries in Africa the same way Barack Obama or Bill Clinton was, but his constant criticisms of France and other European nations which are unable to...

MASSACRE: Over 50 fishermen beheaded by Boko Haram in Lake Chad region

At least 50 fishermen have been beheaded by Boko Haram around Lake Chad region, a Cameroonian newspaper reported on Friday. Details of the massacre remain sketchy, but...

IMF board approves additional disbursement of $38.8 million to Chad, part of $310.5 million loan secured in 2017

The executive board of the International Monetary Fund (IMF) on Friday approved the release of $38.8 million to Chad, part of $310.5 million loan secured in 2017 under the extended credit facility arrangement.

Buhari admin glad over Nigeria’s border closure with Cameroon, Benin and others, citing billions of dollars in benefits

Two months into closure of Nigeria’s land border to curb smuggling activities, especially rice, President Muhammadu Buhari’s administration is betting on same measure to rekindle the agriculture sector. The government’s directive will save...

Latest News

$200 million loan disbursed to boost cocoa productivity in Ghana

Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a...

How the right policies can help economic recovery in Asia – Perspectives by Chang Yong Rhee

For the first time in living memory, Asia’s growth is expected to contract by 1.6 percent—a downgrade to the April projection...

Remittances to fall by $100 billion in 2020 amid COVID-19 pandemic, drying up vital source of income for Africa

COVID-19 is crippling the economies of rich and poor countries alike. Yet for many low-income and fragile states, the economic shock will...

IMF forecasts economic tumult for South Africa with a contraction of 8 percent in 2020 amid COVID-19 pandemic

The International Monetary Fund (IMF) on Monday forecast an economic turbulence for South Africa in 2020 with growth shrinking by 8...

IMF forecasts economic turbulence for Angola in 2020 amid COVID-19 pandemic

The International Monetary Fund (IMF) on Monday forecast an economic turmoil for Angola in 2020 amid COVID-19 pandemic.

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