Africa Investments 

The Independent Recourse Mechanism launches its first Accountability Report

The Independent Recourse Mechanism (IRM) of the African Development Bank Group (AfDB) launches its first-ever Accountability Report to present its performance to its stakeholders ahead of the Bank’s Annual General Meeting scheduled in Accra, Ghana from 23-27 May 2022. The 2021 Accountability Report presents IRM’s activities and progress against its annual workplan, and towards fulfilling its vision, mission, and core… Read More
Africa 

Mali foreign minister in Moscow, reiterates things have changed with partners

Mali’s foreign minister Abdoulaye Diop has met with his Russian counterpart Sergei Lavrov in Moscow, a meeting that cast light on France’s role in the former colony. Sergei Lavrov accused France of France of having a “colonial mentality” towards Mali. France’s “dissatisfaction with the intent of Malian leadership to seek help from external security forces is nothing other than a… Read More
Africa Investments 

Mauritius: National bourse launches new automated trading platform

The Stock Exchange of Mauritius (SEM) on Thursday launched a new automated trading system, positioning itself as an attractive multi-currency listing platform capable of offering sophisticated products and services to domestic and international investors. The launch took place at a ceremony in Port Louis, the country’s capital. The Middle-Income Country Technical Assistance Fund, a tailored instrument hosted and funded by… Read More
Africa Investments 

African Development Bank Board approves $1.5 billion facility to avert food crisis

Learn more about the African Emergency Food Production Facility. The African Development Bank Group’s Board of Directors on Friday approved a $1.5 billion facility to help African countries avert a looming food crisis. With the disruption of food supplies arising from the Russia-Ukraine war, Africa now faces a shortage of at least 30 million metric tons of food, especially wheat,… Read More
Africa 

Goddesses and witches celebrated in new British Museum show

Alluring, warrior-like or nurturing, goddesses and other female spiritual beings from around the world are the focus of a new exhibition at the British Museum. Entitled “Feminine Power: The Divine to the Demonic”, it includes ancient sculptures of Roman goddesses Venus and Minerva and Egypt’s lioness-headed goddess Sekhmet, as well as modern images of deities worshipped today. The exhibition is… Read More
Africa 

UK-Rwanda asylum deal: First batch of asylum seekers to arrive soon

The first batch of asylum seekers sent to Rwanda from the UK under a controversial new deal will likely arrive in the East African nation “in the next few weeks”, officials in Kigali said Thursday. Since being announced last month, the agreement enabling Britain to send migrants and asylum seekers to Rwanda has attracted furious criticism from rights groups, opposition… Read More
Africa 

1.5 tonnes of elephant ivory seized in southeast DR Congo

A shipment of one and a half tonnes of smuggled ivory was seized last weekend and three suspected traffickers were arrested in Lubumbashi, in the south-eastern Democratic Republic of Congo, judicial sources said Thursday. The origin and destination of the ivory are not known, an investigation is underway. “The source told AFP: “On Saturday, our services seized some 1,500 kg… Read More
Africa 

Kidnappers Of Nigerian College Students Arrested One Year Later

The Nigerian police have arrested two men suspected of being behind the high-profile kidnapping of two dozen students in April 2021 in northwestern Nigeria, and the murder of five of them. “They have both confessed to the abduction of the students from the University of Greenfield, Kaduna State, and the murder of five students before the payment of ransom and… Read More
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