FOLLOWING a serious diplomatic incident in which two international staff of the African Development Bank Group (www.AfDB.org) based in the Bank’s Country Office in Ethiopia were severely assaulted by security agents of the Government of Ethiopia, the African Development Bank lodged a formal complaint with the Government of Ethiopia over …
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Ghana’s Official Creditors Agree To Debt Restructuring, IMF Disbursement Nears
Ghana’s official creditors, including China and France, reach an agreement to restructure debts up to December 2022, a crucial step for the country’s economic recovery GHANA’S official creditors, including key players like China and France, have reportedly reached an agreement to restructure debts extended to the country until December 2022. This development …
Read More »Jailed Senegal Opposition Leader Joins Presidential Race
JAILED Senegalese opposition leader, Ousmane Sonko, has submitted his candidacy to contest a February presidential election with the constitutional council despite the state’s refusal to provide him the necessary documents. Sonko’s backup, Bassirou Faye, has also filed to run, Ousseynou Ly, an official in their dissolved party Pastef said Tuesday. …
Read More »France Ban Nigerian Students From Bringing Families
FRANCE has imposed immigration restrictions on Nigerian and international students with new legislation that will stop them from bringing their families to the country. The law passed by the French parliament on Friday provides a new toughening immigration policy that makes it more difficult for migrants to bring family members …
Read More »Angola Gives Reason For Quitting OPEC
ANGOLA has given a reason for quitting the oil producers’ organisation, OPEC, on Thursday. According to the African oil-producing country, her exit from OPEC is because the cartel no longer serves its interest amid a protracted dispute on output quotas. The decision of the African oil giant follows last month’s …
Read More »Egypt’s President, Abdel Fattah al-Sisi Secures Re-Election
THE incumbent President of Egypt, Abdel Fattah al-Sisi, clinched a decisive victory on Monday, securing a renewed six-year term with an impressive 89.6% of the votes, as announced by the election authority. The voter turnout reached an unprecedented 66.8%, with over 39 million individuals casting their ballots for Sisi, a …
Read More »World Bank Unveils $5 Billion Renewable Energy Plan For Africa
By the end of the decade, the World Bank will allocate $5 billion to provide 100 million Africans with “reliable, affordable, renewable electricity”, the development lender’s president said on Wednesday. According to World Bank estimates, 600 million people in Africa lack access to consistent power, a major barrier to the continent’s …
Read More »Africa Finance Corporation Signs US$350 Million Long-term Line Of Credit With African Development Bank For Infrastructure
AFRICA Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB). The agreement, which was signed during the ongoing 28th Conference of the Parties (COP 28), supports urgently needed financing for …
Read More »Why I Became Suicidal – Moelogo
BRITISH-Nigerian singer, Moelogo has recalled how a false accusation in the UK made him contemplate suicide. He said before the experience, he used to think people who commit suicide were weak. Speaking in a recent interview with Cool FM, Lagos, the singer said friends prevented him from taking his life. …
Read More »US Reacts To Coup Attempt In Sierra Leone
THE United States Embassy in Sierra Leone has criticized the attempted coup in the West African country on Sunday morning. Newsextra24 reports that in the wee hours of Sunday, a coup attempt in Sierra Leone’s capital city was foiled, leading to a chaotic situation with intense gunfire. The military’s arsenal …
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