Month: November 2021

  • ECOWAS Places Sanctions On Members Of Malian Government

    ECOWAS Places Sanctions On Members Of Malian Government

    Over 150 members of Mali’s transitional government, including the interim Prime Minister Choguel Maiga, have as of today been sanctioned by the ECOWAS in a bid to enforce a return to constitutional rule in the West African country. In May, Mali junta leader Colonel Assimi Goita staged a coup that saw the arrest of transitional…

  • 2.4 Million People In Need Of Urgent Aide As Drought Lingers In Kenya

    2.4 Million People In Need Of Urgent Aide As Drought Lingers In Kenya

    Since September, much of Kenya’s north has received less than 30 percent of normal rainfall – the worst short-rain season recorded in decades, according to the Famine Early Warning Systems Network. The lack of rainfall has wiped out pastures and exacerbated food and water shortages. Last month, the United Nations said it predicted about 2.4…

  • Angola To Invest $445 Million In Logistics Hubs

    Angola To Invest $445 Million In Logistics Hubs

    The Angolan government plans to invest over US$445.5 million (392.3 million euros) to build 21 logistics centres, by 2038, to minimise the challenges of goods transportation.  Minister for Transport, Ricardo de Abreu, made this known at the launch of the international public tender for the concession, construction, operation and commercial management of the Soyo and…

  • 49 Paramilitary Police Killed In Attack On Burkina Faso Defence Outpost

    49 Paramilitary Police Killed In Attack On Burkina Faso Defence Outpost

    At least 49 gendarmes and 4 civilians have been killed in a brutal attack by gunmen at the tri-border region in Burkina Faso. News of the attack comes two days after another assault was reported in the area near Niger and Mali, in which seven police officers were killed. Security Minister Maxime Kone told state…

  • Infographics: Countries On America’s List Of Religious Freedom Violators

    Infographics: Countries On America’s List Of Religious Freedom Violators

    The U.S. State Department on Wednesday added 10 countries to the list of countries where severe violations of religious freedom rights have been reported within their borders. These countries not only suppress religious expression, they systematically torture and detain people who cross political and social red lines around faith. “The United States will not waiver…

  • Terrorist Group Claim Responsibility For Bombing In Uganda’s Capital

    Terrorist Group Claim Responsibility For Bombing In Uganda’s Capital

    An Islamist extremist group, known as the “Islamic State” (IS) have claimed responsibility for the suicide bombing in the heart of Uganda’s capital Kampala on Tuesday that killed several people and injured scores more. At least three civilians were killed and 33 others wounded in twin suicide bombings that took place within three minutes of each other on…

  • Food Prices Fall For The 7th Month Straight As Nigeria Battles Inflation

    Food Prices Fall For The 7th Month Straight As Nigeria Battles Inflation

    New government reports have shown a steady decline in the price of food for the seventh month running even as consumers claim otherwise. Nigeria’s inflation rate reportedly fell to 15.99 percent in October compared with the same period last year and was 0.64 percent lower than September’s annualised reading, according to Nigeria’s National Statistics office…

  • Budget: Agencies Expected To Pay N22.6bn in 2022

    Budget: Agencies Expected To Pay N22.6bn in 2022

    According to data contained in the 2022 budget proposal, Deposit Money Banks and insurance companies are expected to rake in the sum of N22.6 billion in bank charges and insurance premiums from Ministries, Departments and Agencies of the Federal Government in 2022. A breakdown of the figure showed that the N22.6bn comprised N17.3bn projected for…

  • Nigerian Banks Lend Private Sector N4.1tn In 12months

    Nigerian Banks Lend Private Sector N4.1tn In 12months

    Between September 2020 and September 2021, the Nigerian banking sector’s credit to the private sector rose by N4.1tn or 13.8 percent. As part of an effort to drive lending to the real sector, the CBN had in 2019 directed all banks to maintain a minimum of 65 percent Loans-to-Deposit Ratio by the end of December…

  • France Returns 26 Artefacts Stolen From Benin

    France Returns 26 Artefacts Stolen From Benin

    President Emmanuel Macron has facilitated the return of a total of 26 treasures stolen from Africa back in the colonial era. Benin President Patrice Talon and Culture Minister Jean-Michel Abimbola travelled to Paris to bring home the artefacts that were snatched by French forces 130 years ago. Talon said he felt “overwhelming emotion” at recovering…