Most Recent World News

Ethiopia, World Bank agree $300 mln grant for reconstruction

The finance ministry said that Ethiopia and the World Bank had signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas. Fighting that.

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Tunisia Raises Domestic Electricity and Gas Prices

Tunisia has raised the prices of domestic electricity and gas, a government official has said, in the latest in a series of price hikes in a country whose public finances.

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Central African bank regulator reminds states of crypto ban

Central Africa’s regional banking regulators sent out a reminder on Friday about its ban on cryptocurrencies, weeks after the Central African Republic, a member state, made bitcoin legal tender. The.

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Ghana will solve debt crisis without IMF help, Finance Minister says

Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that government measures were moving the country.

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Libya Eyes Offshore Oil Expansion Amid Onshore Force Majeure

Libya is planning to push a critical offshore oil and gas project led by Italian Eni and Libya’s National Oil Company (NOC), in a move that could shift some oil.

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Namibia launches sovereign wealth fund

Namibia has set up a Sovereign Wealth Fund (SWF), to serve as a buffer against future economic shocks, President Hage Geingob said on Thursday. Royalties from the sale of natural,.

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Nigeria Can Earn More $23bn By Closing Gender Gap – World Bank

The World Bank has said that the Nigerian economy could earn an additional $23- $ 29 billion if the country closed the gender gap. This was contained in its new.

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President Buhari Launches $19Billion Climate Fund Project, Solicits Support

On Monday, Nigeria’s President, Muhammadu Buhari, actuated a $19 Billion Fund to be channelled towards ecosystem restoration, tree planting, climate-resilient infrastructure, and climate-smart agriculture, amongst others. The president called on.

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Tanzania to ease pump pain with $43m fuel subsidy

Next month, Tanzania will spare motorists and households high pump price increases after the government announced a Tsh100 billion ($43 million) fuel subsidy. Speaking in Parliament, Energy minister January Makamba.

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EU lawmakers call for pact on cocoa prices with Ivory Coast and Ghana

A group of European Union, EU, parliamentarians have asked the European Commission to open negotiations with Ivory Coast and Ghana to address low cocoa prices, it said in a letter..

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