IMF approves $666 mln loan for Cameroon
The International Monetary Fund executive board on Monday approved a $666 million, three-year extended credit facility for Cameroon to support economic and financial reforms in the Central African nation. “Having initially shown resilience owing to its greater diversification, the Cameroonian economy is now facing decelerating growth, declining fiscal and external buffers, and rapidly-rising public debt,” […]
Niger to raise FCFA 40 billion on UEMOA market
The government of Niger intends to raise about FCFA 40 billion on the financial market of the West African Economic and Monetary Union (UEMOA), through assimilable bonds on Wednesday, June 28, Dakar-based UMOA-Titres Agency reported. Each bond certificate would have a nominal value of 10,000 FCFA with a single interest rate of 6.00%, it said. […]
Cameroon: Court rejects bail for Anglophone leaders in custody
Cameroon military court in Yaounde on Wednesday maintained that Lawyer Felix Nkongho, Professor Fontem Neba as well as radio host Mancho Bibixy, who have been the main leaders in the recent demonstrations in the Anglophone regions of Cameroon will remain in custody. The court’s presiding judge also rejected an appeal for the release of 24 […]
Cameroon arrests 30 anti-terrorism soldiers
The government of Cameroon on Monday arrested over thirty anti-terrorism soldiers engaged in the fight against Boko Haram in the northern-regions of the West-African nation. The demobilized soldiers were protesting to demand for payment of bonuses and relief from the forefront. The Ministry of Defense indicated that those arrested will face a judicial enquiry for […]
Cameroon: RFI’s correspondent sentenced to 10 years in prison
Cameroonian journalist and correspondent with Radio France International’s Hausa service, Ahmed Abba, has been sentenced to 10 years in prison for “non-denunciation of terrorism” and “laundering of the proceeds of terrorist acts”. The military tribunal also sentenced him to pay a fine of over $90,000 (55,726,325 CFA francs) or face five extra years in prison […]
Nigeria: Security services foil Boko Haram attack on American and British embassies
Nigeria Department State Services (DSS) on Tuesday arrested five suspects who had allegedly concluded plans to attack the United States and United Kingdom embassies in the West African terror-stricken nation. According to the DSS, The Islamist militant group, Boko Haram suspects were arrested in Yobe state on March 22 gave details of the plot and […]
US plans arm deal with terror-stricken Nigeria
United States government is planning to sell up to a dozen ground attack aircraft to Nigeria’s air force in a deal that could be worth up to $600 million, Reuters reported Monday. The deal according to Reuters will help the West African most populous nation in its fight against the Islamic-state affiliated group Boko Haram. […]
UN Security Council adopts historic resolution against Boko Haram
The UN Security Council unanimously adopted a resolution this weekend providing for greater support to strengthen the capabilities of the regional multinational force that is trying to defeat Boko Haram insurgents and Islamic State extremists in Nigeria and the Lake Chad region. The council indicated that the regional troops need logistical, mobility and communications assistance […]
About 5,000 Boko Haram hostages rescued
Regional joint security forces have rescued over 5,000 Boko Haram hostages in a week-long operation, dubbed Thunder 2, in mountains along the Nigeria-Cameroon border, official said. “The hostages freed consisted mostly of women, children and elderly people,” Cameroon’s Communications Minister Issa Tchiroma Bakary told a news conference. According to him, 21 Boko Haram suspects had […]
Niger: Jihadists kill 15 in patrol ambush
Jihadists have ambushed a Niger’s army patrol on Thursday, killing 15 soldiers and wounding 19, the West African nation’s Defense Ministry said. The attack occurred in North of Tilwa, an area near the border with Mali where violent Islamists have been seeking to expand their reach. “A search operation is underway to neutralize the terrorists,” […]
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