Category Archives: Business & Finance

UN Alarmed at Uprooting of Civilians in Nigeria’s War With Militants

ABUJA The United Nations voiced alarm on Wednesday at the uprooting of more than 30,000 Nigerians forced to flee the protracted war against Islamist insurgents in the country’s northeast.

Attacks by Islamic State in West …

Darkening Prospects: Global Economy to Slow to 2.9 percent in 2019 as Trade, Investment Weaken

WASHINGTON�Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade …

DRC Delays Announcing Results of December Election

Democratic Republic of Congo officials say they are delaying the announcement of the results of its presidential election until some time later this week.

The commission is holding a meeting Sunday about the delay.

Corneille …

US Dragnet Closes Around Group Accused of $2B ‘Secret’ Loans in Mozambique

JOHANNESBURG It sounds like a Hollywood caper: A group of investors and officials convince European banks to loan a total of $2 billion to a resource-rich African nation trying to rebuild after a bruising civil …

The Other Jay-Z: South African Ex-President Jacob Zuma Releasing Album?

JOHANNESBURG The man South Africans know as J-Z is dropping an album. But instead of fans, he’s hearing haters who are questioning why public dollars are being used to fund the project.

That’s because the …

Armed Men Kill 37 Civilians in Part of Mali Hit by Ethnic Violence

BAMAKO Armed men killed 37 Fulani civilians Tuesday in central Mali, where ethnic violence cost hundreds of lives last year, the government said.

Violence between Fulani and rival communities has compounded an already dire security …

French, Niger Troops Kill Islamist Insurgents in Joint Operation

PARIS French and Nigerien troops killed around 15 Islamist militants in a joint air and ground operation in south west Niger on Dec. 27, France’s armed forces and Defense Ministry said on Sunday.

The air …