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Opinion Post: Will A Unified Currency Save Africa’s Economy?
East African Community (EAC) has proposed the idea of a unified currency for East Africa, an idea that has since gone beyond the planning stage. According to the Secretary-General of the EAC, Peter Mathuki, the community is in the process of harmonizing critical policies and putting in place the requisite institutions to attain a single…
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Special Report: Ghana’s Bumpy Road To Economic Recovery
In the last month of 2022, Ghana’s cedi was reported as the best-performing currency in the world, signalling a significant recovery for the West African country that suffered severe economic downturns throughout 2022. According to a report by Bloomberg, the Cedi rose by 10% in December, the biggest advance among about 150 currencies tracked by…
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What Is China’s Debt Relief Plan For Heavily Indebted African Countries?
China has revealed it has kickstarted its plan to cancel outstanding interest-free loans to indebted African countries and Rwanda has become one of the countries to benefit from this agreement, following the Apex lender’s recent forfeiture of an outstanding debt of $7.1 million. According to a statement by Rwandan Minister for Finance and Economic Planning,…
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Here Is What You Do Not Know About AIDS In 2022
Did you know that every week about 4,900 young women aged between 15 and 24 become infected with HIV? While in 2021, UNAIDS shared that some 1.5 million people became newly infected with HIV, bringing the total number of people living with HIV to 38.4 million. Acquired immune deficiency syndrome (AIDS) is a chronic and…
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Alimosho: The Hub Of Electoral Malpractice In Lagos State
It is a sunny afternoon in Lagos, Nigeria, with no power supply in days as usual. 32-year-old Tobi is sitting outside his father’s two-bedroom apartment in Gowon Estate, in the heart of Alimosho local government area of Lagos. He knows he is not sure where his afternoon meal would come from, but he does not…
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Nigeria’s Flood: Visualizing The Numbers
Nigeria experienced the worst flooding occurrences the West African nation has seen in decades. This report amplifies the numbers reported by authorities that suffered the impacts. Lawrence Office, 37, a father of three children was displaced from his home in Bayelsa state by floodwater. As he watch his house submerge, he was left with no…
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What Nigeria States Are Proposing For 2023
With almost 40 days into the new year, state governors are already setting the estimation for their financial expenditure. Being an electioneering year, some state governments might either hand over to a new government or transition into another tenure. However this turns out, the budget provides the expenses that the state would be allocating for…
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FIFA World Cup 2022: A Luxury Ship Docks On The Shores Of Dead Labourers In Qatar
Just in time for the FIFA World Cup that would be hosted in Qatar come November 21, 2022, an Italian cruise business has launched its newest luxury hotel cruise line. MSC World Europa is slated to be used as a hotel for fans at the Qatar World Cup from November 19 to December 19 and a single…
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COP27: What Nigeria Is Pushing For
As the United Nations Conference of Parties 27 resumed in Egypt, the President, Muhammadu Buhari directed the Minister of Environment, Mohammed Abdullahi, to represent him in Nigeria’s delegation. According to the directive, Mohammed would lead other ministers and heads of agencies to the United Nations Framework Conference on Climate Change holding at Sharm El Sheikh,…
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Visualizing the Influence of the Russian-Ukraine War on Global Poverty
It is not news that the ongoing conflict between Moscow and Ukraine has caused devasting disruptions to the recovery of the global economy. But many are unfamiliar with how bad the damages are in numbers. Now with the unverified threat of nuclear bombing by Moscow after claims of revealed evidence of the US and UK’s…