President Muhammadu Buhari on Tuesday cautioned that the ambition for Eco regional currency could be in ‘serious jeopardy,’ unless member states complied with agreed processes of reaching the collective goal.
The headmaster of Eton College has told the BBC he is “appalled” by the racism experienced by the first black person to complete his studies at the prestigious British public school.
Burundi's new president who was elected last month has been hastily sworn in to replace his late predecessor Pierre Nkurunziza, but who is Evariste Ndayyishimeye?
NIGERIA – With palpable anger in Nigeria over the perceived weakness or inability of the federal government to implement reciprocal or definitive measures over last Friday’s demolition of buildings of the Nigerian High Commission, Accra, Foreign Affairs Minister, Mr Geoffrey Onyeama, on Monday met Chargè d’ Affaires of the High Commission of Ghana to Nigeria, Ms Iva Denoo to demand urgent explanations.
WORLD STAGE – The Nigerian House of Senate has considered a bill seeking to give legislative backing for the establishment of the Federal College of Traditional, Complimentary and Alternate Medicine as an agency under the Federal Ministry of Health.
A 95-year-old Ghanaian World War Two veteran is to be honoured by Queen Elizabeth for his fundraising efforts.
The Graphic reports that Ghana’s economy expanded 4.9 percent year-on-year in the first quarter of 2020 compared to 6.7 percent in the same period last year, driven mainly by the services sector.
SWITZERLAND – Novartis and its partners have announced the expansion of the Africa Sickle Cell Disease program to East Africa with the signature of two new memoranda of understanding with the Ministries of Health of Uganda and Tanzania. The program, first launched in Ghana in November 2019, aims to improve and extend the lives of people with sickle cell disease (SCD) in sub-Saharan Africa, with plans to reach a total of 10 countries by 2022.
(WorldStage Newsonline) The ECOWAS Ministerial Coordination Committee on Transport, Logistics and Trade has recommended a harmonised and gradual reopening of land, air and sea borders for restoring cross border economic activities.
MALI – Suguba (www.Suguba.org) is organizing their second 6-month investment readiness program in West Africa to support the 8 most promising startups in the digital sector in Francophone West Africa.
Paris Saint-Germain and France striker, Kylian Mbappe has been rated as the most valuable player in the world.
GHANA – Nestlé (www.Nestle.com) brand MAGGI has launched a first-of-its-kind website in Central and West Africa, offering fresh new twists to well-known African dishes.
IVORY COAST – The Fashionomics Africa (www.FashionomicsAfrica.org) an initiative of African Development Bank held its first webinar discussion on the impact of the COVID-19 pandemic. Among the total 136 participants were fashion entrepreneurs, digital innovators and creative minds.
Nairobi – Only 30 per cent of Ethiopian migrants seeking to find work in Saudi Arabia are aware that Yemen – the one country they must cross —is in its sixth year of conflict, while less than 50 per cent know of the dangers of boats capsizing at sea.
(GUN) – President Muhammadu Buhari Thursday said global solidarity was the hope for humanity, and called on developed countries and international financial institutions to cancel the debts of ”needy countries” especially in Africa to enable them reverse the devastations of Coronavirus (COVID-19) to the human race.
Switzerland earmarks a total of CHF 994 million to the coffers of the International Development Association (IDA/World Bank) and of the African Development Fund (ADF) to help fight poverty, promote sustainable development and deal with the health, social and economic impacts of the COVID-19 crisis on the world’s poorest countries, and also to the Multilateral Debt Relief Initiative (MDRI).
Geneva – We are increasingly alarmed about the situation in Yemen. COVID-19 is spreading rapidly across the country already experiencing the world’s largest humanitarian crisis, driven by an unabated conflict. But we are ready to stay and deliver life-saving assistance to those who need it.
(WorldStage Newsonline) – Lagos State Government is supporting local production of metres to enhance power capacity in the state, according to the Commissioner for Energy and Mineral Resources, Mr Olalere Odusote.
(GUN) –The Board of Directors of the African Development Bank on 25 May, 2020 approved a $500,000 emergency assistance grant to Egypt to provide food relief, and to contribute to restoring the livelihoods of vulnerable populations severely affected by Coronavirus (COVID 19).
Uganda's Minister of Finance, Investment and Privatization, Evelyn Anite has announced that the East African country has officially begun exporting mobile phones made locally.
(GUN) - President of the African Development Bank (AfDB), Dr Akinwumi Adesina, on Wednesday maintained his innocence and integrity after the bank’s board succumbed to pressure from the United States government by ordering “a new and independent probe” of his activities in the bank.
Report highlights impact of US$ 5.8 Billion financing towards Advancing Trade in Organization of Islamic Cooperation (OIC) Member Countries
Saudi Arabia: The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has released its 2019 Annual Development Effectiveness Report (ADER). In 2019, ITFC approved US$5.8 billion trade financing, a 12% increase from the previous year, to advance trade in member countries.
The Nigeria’s Vice President Prof. Yemi Osinbajo has asserted that although the Coronavirus pandemic has affected lives and livelihoods of Nigerians in different ways, “it however offers an opportunity for the Nigerian people and government to reset the critical sectors of the country’s economy and social services.”
(Ecofin Agency) - Over the first quarter this year, international tourist arrivals dropped by 22% due to the coronavirus pandemic, the World Tourism Organization (UNWTO) reported. This resulted in a decrease of 67 million in international arrivals and about $80 billion in revenue. The most impacted regions are Asia and the Pacific with a drop of 33 million arrivals, and Europe with a drop of 22 million arrivals.
UAE makes Avani Barbarons Resort Available to Seychelles
SEYCHELLES, 04 April 2020
Under the directive of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the ‘Avani Barbarons Seychelles Resort’ will be made available to the Government of Seychelles to be used by the Department of Health as a facility to accommodate their health personnel and supporting frontline service members, in the efforts to combat the spread of COVID-19.
In addition to our weekly brief on the spread of COVID-19 and the actions that Africa CDC is taking to help member states, Africa CDC has begun to share a weekly brief detailing the latest changes in scientific knowledge and public health policy changes, as well as updates to the latest guidance from WHO and others.
SOUTH AFRICA – South African President Cyril Ramaphosa has admitted that his government had made missteps in efforts to control the coronavirus pandemic, but the lockdown was needed to lessen the disease from spreading among the people.
WorldStage Newsonline – The Electricity Distribution Companies (DISCOs) have urged the Federal Government to intervene in the heavy import duties they used to pay for imported meters.
According to Dr Irenée Ndayambaje, the Director General of the Rwanda Education Board, the recruitment intends to bridge the student-teacher ratio which stands at 59:1 in primary and 29:1 in secondary schools.
The new joint military and police operation tagged “Operation Accord” to root out bandits in some northern states and the new upward review of electricity tariff are the trending stories in Nigerian newspapers recently.
Namibia has been hit by an outbreak of red locusts in the central part of the country, a senior official announced recently.
Morocco's economy is expected to contract by 5.2 percent in 2020, followed by a rebound of 4.2 percent in 2021, according to predictions by the central bank.
Angola expects to implement a USD 400 million two-phase project in the clean energy segment, funded by the World Bank and the French Development Agency