Sierra Leone’s 706-carat diamond auction fails in Belgium
Sierra Leone government on Thursday fails to sell one of the world’s largest diamonds at an auction in Belgium. The large stone of 706-carat was […]
Month: May 2017
AfDB releases $750 million loan to support Namibia
African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]
Sudanese PM appoints 31 ministers, 44 ministers of state
Sudanese Prime Minister Hassan Saleh on Thursday reshuffled his cabinet with a massive shake-up of the economic ministries. Thirty-one ministers and 44 ministers of state […]
IMF team to visit DR Congo as economic crisis deepens
International Monetary Fund Managing Director, Christine Lagarde on Thursday proposed a visit of IMF officials in Democratic Republic of Congo to check the state of […]
Rwanda: Nude photos of female presidential candidate leaked
Social media in Rwanda was flooded this week with nude pictures believed to be Diane Shima Rwigara, a 35-year-old businesswoman who announced her intention to […]
Sweden grants $1.35 million to Zimbabwe, warns to track funds
Swedish government on Wednesday offered a $1.35 million grant to Zimbabwe, to help the drought-hit Southern African nation to boost its Culture Fund. Addressing government […]
U.N. needs $900 million for Somalia crisis response – Guterres
U.N. Secretary-General Antonio Guterres on Thursday said the world organization is seeking a further $900 million this year to assist more than 6 million people […]
Ghana: massive gas explosion left over 100 people injured
A gas explosion in the Ghanaian industrial city of Takoradi has left over 100 people injured on Tuesday during discharge of liquefied petroleum gas (LPG). […]
Tanzania: John Magufuli pushes for mining companies reforms
Tanzania’s ‘Bulldozer’ John Magufuli on Tuesday announced plans to enforce a new rule requiring mining firms to list on the Dar es Salaam Stock Exchange […]
Kenya: US freezes $21ml health aid amid corruption scandal
The United States government on Tuesday announced the suspension of over $21 million direct aid to Kenya’s Ministry of Health amid concern over corruption. According […]