Most Recent World News

IMF set up new lending facility to cushion member states from economic shocks

The International Monetary Fund, IMF, has created a new lending facility to help build the resilience of its member countries against economic shocks. The facility, dubbed ‘The Resilience and Sustainability.

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Mali Receives Another Batch of Military Equipment from Russia

Mali has received military equipment from Russia following the suspension of the European Union’s training program with the Sahel country. According to a statement from the Malian presidency, Maj Gen.

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World Bank projects Africa growth to drop to 3.4 per cent

This year, Africa’s economic growth will drop to 3.4 per cent, down 0.6 percentage points from the four per cent growth recorded in 2021 due to new macroeconomic shocks. The.

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US agency appoints Nigeria’s Yemi Oshinnaiye Chief Information Officer

The United States Transportation Security Administration has appointed a Nigerian, Yemi Oshinnaiye, as its new Chief Information Officer. Oshinnaiye, who was the deputy CIO at the U.S. Citizenship and Immigration.

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Uganda discharges last Covid-19 patients

There are no more Covid-19 patients admitted to Ugandan hospitals; the last coronavirus patients have been discharged; the Ministry of Health has announced. However, the risk of contracting Covid-19 is.

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Google to set up first Africa product development centre in Nairobi

Google is investing in its first-ever Africa product development centre in the Kenyan capital Nairobi, as it positions itself to serve a growing base of internet users on the continent..

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Ouattara Names Meyliet Kone as Vice President

Ivory Coast President, Alassane Ouattara, has named Tiemoko Meyliet Kone, Governor of the West African Central Bank, as his vice president in a possible clue to his succession plans. The.

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Saudi Cabinet approves agreement on investments by PIF in Egypt

Saudi Arabia’s Cabinet approved an agreement signed with the Egyptian government on investments by the Kingdom’s Public Investments Fund (PIF) in Egypt; state news agency SPA reported early Wednesday. The.

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Cameroon Deploy Troops to CAR Border to Stop Rebels Abductions

Cameroon‘s military has sent hundreds of troops to its eastern border with the Central African Republic following the abduction of at least 35 persons by CAR rebels earlier this month..

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Building the South African Economy through Foreign Direct Investments, FDIs

South Africa is one of the most promising emerging markets globally. The country’s infrastructure and emerging market economy make it a strong and dynamic investment destination on the African continent,.

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