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Risk of Nigeria Devaluing Naira Rising, But It Won’t Float Freely

Nigeria’s authorities may soon devalue the naira but won’t fully relinquish control over it, instead taking steps to narrow the gap between the official and black market rates to boost.

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Full Text: President Mahama’s Keynote Address at the 2016 African Leadership Magazine Person of the Year Awards

Thank you and good evening. It is an honour to be in the company of such distinguished fellow Africans gathered here tonight- Africans who have committed their lives to changing.

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U.N. Urgently Seeks $4Bln Aid to Avert Famine for 20Mln in Africa

More than $4 billion is needed by the end of March to help nearly 20 million people who risk starvation in Nigeria, Somalia, South Sudan and Yemen, United Nations Secretary.

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Somali President Appoints Oil Firm Executive as Prime Minister

Somalia’s newly elected president on Thursday appointed the country director of British firm Soma Oil and Gas as the new prime minister, raising questions about possible conflicts of interest in.

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Barclays to Pay $988Mln to Split from African Business

Barclays has agreed to pay Barclays Africa nearly $1 billion to fund investments needed for it to split from its African business, paving the way for the British bank to.

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Britain Pledges Extra $250 Million to Fight Famine in Africa

Britain will provide additional aid money to South Sudan, where famine has been declared in parts of the country, and to Somalia, where there is a credible risk of famine,.

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Somali President Calls on Al Shabaab to Surrender at Inauguration

Somalia’s new president was inaugurated on Wednesday, promising his people that the era of al Shabaab and other Islamist militant groups was over. Mohamed Abdullahi Mohamed, a dual U.S.-Somali citizen,.

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UN Boosts Aid for Ethiopia, Somalia to Head off Famine

U.N. aid agencies are appealing to international donors to provide money to scale up lifesaving operations in drought-stricken Ethiopia and Somalia, where millions of hungry people are at risk of.

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World Must Do More to Protect Children from Conflict- Officials Warn

  The French government and UNICEF are urging the international community to step up protection of children living in and fleeing armed conflict that affects tens of millions of youngsters..

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Justice Minister Says South Africa Still Intends To Quit ICC

South Africa’s government still plans to withdraw from the International Criminal Court (ICC), Justice Minister Michael Masutha said on Wednesday, after a court ruled that it was unconstitutional to do.

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