Most Recent World News

Tanzania to ease pump pain with $43m fuel subsidy

Next month, Tanzania will spare motorists and households high pump price increases after the government announced a Tsh100 billion ($43 million) fuel.

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EU lawmakers call for pact on cocoa prices with Ivory Coast and Ghana

A group of European Union, EU, parliamentarians have asked the European Commission to open negotiations with Ivory Coast and Ghana to address.

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Algeria’s council of ministers OKs purchase of 15 new aircraft for Air Algerie

The government of Algeria has approved the acquisition of additional 15 new aircraft for the country’s national airline, Air Algerie. The cabinet.

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Somalia seeks three-month extension of its IMF support programme

Somalia’s government has asked the International Monetary Fund (IMF), to extend its financial support by three months to Aug. 17, the head.

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First Quantum Minerals approves $1.25 bln mine expansion in Zambia

First Quantum Minerals, FQM, said on Sunday that its board had approved plans for a $1.25 billion expansion of its Kansanshi copper.

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Zimbabwe suspends bank lending in bid to arrest currency decline

Zimbabwe’s government on Saturday ordered banks to stop lending with immediate effect in a move Harare said was designed to prevent speculation.

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Nigeria Buys Emergency Potash From Canada as Russian-Ukraine War Bites on

Reuters has reported that the federal government bought emergency supplies of Canadian potash in April following disruptions from Russia amid Western sanctions..

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Morocco to Raise Minimum Wage for Private, Public Sectors

The Moroccan government has said it would raise the minimum wage of public and private sector workers, the prime minister’s office said.

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Durban welcomes global guests at Travel Indaba

Africa’s premier travel trade show, Travel Indaba, has kicked off in Durban, South Africa. South African Deputy Minister of Tourism, Fish Mahlalela,.

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Zimbabwe to Launch Measures to Protect Currency – President

President Emmerson Mnangagwa of Zimbabwe has stated that the government would take steps to slow the fast depreciation of the local currency..

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