Most Recent World News

Zambia: IMF Approves US$1.3 billion Extended Credit Facility

The Executive Board of the International Monetary Fund (IMF) has approved a US$1.3 billion extended credit facility for Zambia. The facility was.

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Mozambique: Nyusi Hails Portugal As Costa Resumes Bilateral Talks

The President of the Republic of Mozambique, Filipe Nyusi has expressed gratitude to Portuguese prime minister, António Costa for the resumption of.

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World Bank Moves to end Nigeria’s Regressive Fuel Subsidy

World Bank has resolved to assist Nigeria in phasing out the regressive fuel subsidies plaguing the country and, enhancing social assistance for.

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US Recognises Liberia’s Progress in Fishing Industry

The US State Department’s 2022 report on Liberia said the country’s fishing industry which had been long dormant compared to pre-war levels,.

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AfDB President, Adesina calls for more Japanese investments in Africa

The African Development Bank President, AfDB, Dr Akinwumi Adesina has urged Japanese prospective investors to invest more in Africa where investment opportunities.

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Japan, AfDB declare US$5 bn support for Africa’s Private Sector

The government of Japan and the African Development Bank, AfDB, have declared a US$5 billion financial cooperation under the fifth phase of.

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Japan Pledges $30bn for African Development

Japan has appropriated $30 billion as aid for the development of African human resources and to promote economic growth. The country’s Prime.

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China writes off loans granted to 17 African countries

The Chinese government has resolved to waive 23 interest-free loans to 17 African countries. China also revealed its intention to provide food.

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Liberia Apex Bank Chief, Tarlue Calls for Measures to Protect African Economies

The Central Bank of Liberia (CBL) Executive Governor, J. Aloysius Tarlue has urged central banks in Africa to take measures to protect.

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Ghana’s apex bank delivers biggest rate hike

Amid crippling inflation, the Central Bank of Ghana, CBG, has delivered its biggest rate hike ever following a 300 basis point increase.

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