Most Recent World News

Liberia, Japanese Sign US$2.5m 9th Round of KR Food Aid 2022 Grant

The governments of Liberia and Japan have signed the 9th Round of the KR Food Aid 2022 Grant, estimated at US$2.5 million. The aid is a commodity grant intended to.

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IMF deal will not unduly burden Ghanaians – Ofori-Atta assures

The Finance Minister of Ghana, Ken Ofori-Atta, has assured parliamentarians that the government will ensure that talks with the IMF are positive and do not put Ghanaians in any undue.

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Zimbabwe Rollout Gold Coins in Hopes of Reducing Demand for US Dollars

Zimbabwe’s central bank has introduced gold coins that it hopes will ease citizens’ demands for foreign currency. But economists and ordinary Zimbabweans are sceptical. At the official launch of the.

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Russia pledges to meet wheat commitments to Egypt

Russia’s Foreign Minister Sergey Lavrov Sunday said Russian grain exporters are committed to their obligations regarding international wheat orders. Russia’s top diplomat was in Cairo Sunday to meet with Egyptian.

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Nigerian Authorities Relinquish Management of State-Owned Oil Company

Nigeria’s president, Muhammadu Buhari, has unveiled a revamped national oil company that he called commercially driven and not relying on government funding. Buhari says the Nigerian National Petroleum Company would.

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Egypt’s Sisi, Kuwait Crown Prince talk ways of enhancing bilateral ties

President Abdel Fattah El-Sisi met with His Highness the Crown Prince of Kuwait, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, on the sidelines of the Jeddah Regional Summit with the United States.

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Algeria and Italy Reach $4bn Gas Deal

Algeria and Italy have agreed on a deal worth $4bn and will see the North African country provide large quantities of natural gas. Algerian President, Abdelmadjid Tebboune made the announcement.

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IMF approves $235.6 million disbursement to Kenya on loan review

The International Monetary Fund, IMF, said its executive board approved a $235.6 million disbursement to Kenya on Monday as it approved a third review of the country’s Extended Credit Facility.

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TRANSCO CLSG Hails Pres. Weah for Inclusion of US$14m in Recast Budget for Electricity

The Management of TRANSCO CLSG applauds the Liberian Government’s decision to allocate US$14 million through the recast budget for 2022 towards efforts to improve access to stable and affordable electricity.

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Chad creditors to meet this week; IMF calls on Glencore to ‘step forward’

Chad’s official creditor committee will meet this week amid growing pressure from the International Monetary Fund and others for progress on the country’s request for debt restructuring, two sources briefed.

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