BREAKING NEWS
IMF approves disbursement of $200 million loan money to Mali to respond to COVID-19
Simon Ateba - 0
The International Monetary Fund (IMF) on Thursday approved the disbursement of $200 million loan money to Mali to respond to COVID-19. IMF said the money secured under the Rapid Credit Facility would help...
Mali
Human Rights Watch warns army and United Nations failing to stop massacre in Mali
An ethnic militia in Mali massacred over 35 villagers on February 14, 2020 after government troops left the area, Human Rights Watch said Wednesday. The killings in the village of Ogossagou occurred hours after village leaders alerted government...
Mali
Human Rights Watch warns against massacres of civilians in Mali – ‘Villagers burned alive, others blown up by explosives’
Human Rights Watch warned in a report released on Monday that armed groups in Mali have escalated their attacks on civilians, massacring people in their villages and executing men pulled from public transportation vehicles based on their ethnicity.
Mali
Amnesty outraged over provisional release of Mali junta leader General Amadou Haya Sanogo
Simon Ateba - 1
Amnesty International is outraged by a Malian court’s decision to grant bail to a former junta leader General Amadou Haya Sanogo who is awaiting trial over the abduction and murder of 21 Malian paratroopers in 2012.
BURKINA FASO
Terrorism: Malian Mimi Ould Baba charged with murdering U.S. Citizen Michael Riddering in Burkina Faso
A criminal complaint was filed on Wednesday in federal court in Brooklyn, New York, charging Mimi Ould Baba, 32, a citizen of Mali, with the murder of U.S. citizen Michael J. Riddering, and conspiring to provide...
Mali
Amnesty International warns delays in ‘red berets’ trial prolongs suffering of victims’ families in Mali
Amnesty International warned in a statement on Monday that a Malian court’s last-minute postponement of a former junta leader’s trial was a blow to the families of 21 soldiers whose bodies were discovered in a mass...
BURKINA FASO
Belittled by Trump, France’s Macron finds his muscles in Africa, summons five leaders with tone used in colonial era
Simon Ateba - 1
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...
Economy
IMF approves disbursement of $27.63 million to Mali, part of $193.5 million loan secured in 2019 under extended credit facility
Simon Ateba - 0
The International Monetary Fund (IMF) on Wednesday approved the disbursement of $27.63 million to Mali, part of $193.5 million three-year loan secured in 2019, under extended credit facility. An extended credit facility (ECF)...
Africa
BREAKING: 13 French soldiers killed in helicopter crash in Mali during anti-terror operation
Simon Ateba - 0
Thirteen French soldiers were killed in Mali, West Africa, on Monday night, during an anti-terror operation there, the French President Emmanuel Macron said. The soldiers were fighting radical Islamist militants in the Sahel...
Latest News
Spend COVID-19 money but keep the receipts, IMF tells countries receiving emergency financing
The International Monetary Fund (IMF) on Thursday again urged countries that are receiving emergency financing to...
BUSINESS
African Development Bank: Tolling Bells for Humanity – Perspectives by Equatorial Guinea’s Minister of Finance Cesar MBA ABOGO
COVID-19 is severely testing Africa's social, economic and political resilience. While it is true that our countries are taking bold actions to...
Economy
African Development Bank approves €188m ($204m) loan for Mauritius to respond to COVID-19
The African Development Bank has approved €188 million ($204 million) loan for Mauritius to respond to the COVID-19 pandemic, the Group’s Board of Directors said...
Economy
IMF’s Abebe Aemro Selassie: African countries need additional $44 billion in 2020 to mitigate COVID-19 economic impacts
Abebe Aemro Selassie is the director of the African Department at the International Monetary Fund (IMF). In this column titled 'Africa’s Hour...
BREAKING NEWS
IMF discloses COVID-19 interest rate on loans for countries in Sub-Saharan Africa
Simon Ateba - 0
The International Monetary Fund (IMF) has disclosed the COVID-19 interest rate on loans as well as loan terms for countries in...
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