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Flash News

ECOWAS Commission to get new head as Ivorian Brou leaves post

Spain, Mali FMs speak after row over NATO remarks

Multiple Crises Threatening Stability and Development in Sahel

Global Weather Hazards Summary July 01 – 07, 2022

UN Condemns Protesters’ Storming of Libya’s Parliament

Groups Call For Peace Ahead of August Polls in Kenya

Growing Health Crisis Seen in Horn of Africa as Acute Hunger Spreads

Drinking Water for More Than Three Million Residents of Rural Benin

Monday, July 04, 2022

Category: Market

Market

IMF Sets Conditions for Malawi Aid to Resume

Web Desk June 7, 2022

Malawi wants renewed access to the International Monetary Fund’s Extended Credit Facility, or ECF, after a two-year halt.In 2020, the IMF canceled a planned $70 million in loans to Malawi after it came to light that former president Peter Mutharika gav…

Market

Africa: AfDB Board approves $1.5 billion facility to avert food crisis in Africa

Web Desk May 24, 2022

ABIDJAN— The African Development Bank (AfDB) Group’s board of directors announced that it approved a $1.5 billion facility to help African countries avert a looming food crisis in the continent.In a statement, the bank said with the disruption of food …

Market

MASTERCARD AND OPAY ANNOUNCE STRATEGIC PARTNERSHIP TO GROW CASHLESS ECOSYSTEM AND ADVANCE DIGITAL FINANCIAL INCLUSION FOR MILLIONS

Web Desk May 19, 2022

Mastercard and fintech giant OPaytoday announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa.The colla…

Market

China’s Illegal Rosewood Trade with Mali Under Scrutiny

Web Desk May 19, 2022

A cursory Google search for “rosewood furniture China” brings up plenty of sites selling the luxury item, but most buyers are likely unaware that their treasured table or chair could be the product of a rampant illegal trade in the protected tree speci…

EU unveils 210 billion euro plan to ditch Russian fossil fuels
Market

EU unveils 210 billion euro plan to ditch Russian fossil fuels

May 18, 2022

Published by Reuters UK By Kate Abnett BRUSSELS (Reuters) -The European Commission on Wednesday unveiled a 210 billion euro plan for Europe to end its reliance on Russian fossil fuels … Read More

Russia forges new partnerships in face of West’s ‘total hybrid war’ – Lavrov
Market

Russia forges new partnerships in face of West’s ‘total hybrid war’ – Lavrov

May 14, 2022

Published by Reuters UK By Mark Trevelyan LONDON (Reuters) -Russian Foreign Minister Sergei Lavrov said on Saturday that Moscow was the target of “total hybrid war” by the West but … Read More

Russian gas flows to Europe via Ukraine fall after Kyiv shuts one route
Market

Russian gas flows to Europe via Ukraine fall after Kyiv shuts one route

May 11, 2022

Published by Reuters UK By Nina Chestney LONDON (Reuters) -Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kyiv halted use of a major transit … Read More

Market

Bank of Central African States Urges CAR to Annul Bitcoin as Currency

Web Desk May 11, 2022

The Cameroon-headquartered Bank of Central African States (BEAC) has urged the Central African Republic (CAR) to annul a law it passed in late April that made the cryptocurrency Bitcoin legal tender. The bank warned in a letter made public last week th…

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Categories

  • ECOWAS Commission to get new head as Ivorian Brou leaves post
  • Spain, Mali FMs speak after row over NATO remarks
  • Multiple Crises Threatening Stability and Development in Sahel
  • Global Weather Hazards Summary July 01 – 07, 2022
  • UN Condemns Protesters’ Storming of Libya’s Parliament
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