Most Recent World News

Ghana will solve debt crisis without IMF help, Finance Minister says

Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that government measures were moving the country.

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Libya Eyes Offshore Oil Expansion Amid Onshore Force Majeure

Libya is planning to push a critical offshore oil and gas project led by Italian Eni and Libya’s National Oil Company (NOC), in a move that could shift some oil.

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Namibia launches sovereign wealth fund

Namibia has set up a Sovereign Wealth Fund (SWF), to serve as a buffer against future economic shocks, President Hage Geingob said on Thursday. Royalties from the sale of natural,.

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Nigeria Can Earn More $23bn By Closing Gender Gap – World Bank

The World Bank has said that the Nigerian economy could earn an additional $23- $ 29 billion if the country closed the gender gap. This was contained in its new.

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President Buhari Launches $19Billion Climate Fund Project, Solicits Support

On Monday, Nigeria’s President, Muhammadu Buhari, actuated a $19 Billion Fund to be channelled towards ecosystem restoration, tree planting, climate-resilient infrastructure, and climate-smart agriculture, amongst others. The president called on.

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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 subsidy. Speaking in Parliament, Energy minister January Makamba.

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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 low cocoa prices, it said in a letter..

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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 authorized the purchase to open new routes to.

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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 of the IMF’s country mission told Reuters. In.

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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 mine in Zambia, first floated in January 2020,.

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