Norwegian foreign minister criticizes western response to Gaza crisis
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May 1, 2024
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The minister’s remarks come at a time when the Gaza crisis has reached catastrophic proportions, with a desperate need for humanitarian aid and a call for durable peace in the region Read More Africanews RSS
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African heads of states meet in Nairobi for World Bank summit
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April 29, 2024
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Established in 1960, IDA is part of the World Bank and aims to reduce poverty by providing grants and zero-to low-interest loans for programmes that boost economic growth, reduce inequalities and improve people’s living conditions. Read More Africanews RSS
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Diversifying the Democratic Republic of Congo’s economy
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April 29, 2024
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Mining, especially copper and cobalt, brings in a lot of money. However, when prices go up and down, it makes the economy unstable. Read More Africanews RSS
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Is Africa’s soil healthy enough for food security? [Business Africa]
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April 25, 2024
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Counterfeit fertilisers threaten Africa’s agricultural prosperity amid rising hunger while the long-standing conflict plunges Sudan’s economy. Unemployment and food prices are on the rise. Read More Africanews RSS
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Nigeria seeking $2.25 billion in World Bank loans
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April 24, 2024
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Nigeria has said it is seeking up to 2.25 billion dollars in World Bank loans, in a statement by Finance Minister Wale Edun. Read More Africanews RSS
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Morocco aiming to turn the north African kingdom into an aviation hub
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April 24, 2024
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“This industry is based on all the requirements needed by an investor in Morocco, mainly for the human resources required. Morocco is doing all it could to satisfy investors with their needs for qualified human resources.” Mohammed Abdeljalil, Moroccan Minister for Transport and Logistics Read More Africanews RSS
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World Bank suspends funding for Tanzania tourism project
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April 23, 2024
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The World Bank has suspended funding for a tourism project in Tanzania that caused the suffering of tens of thousands of villagers, according to a U.S.-based rights group that has long urged the global lender to take such action. Read More Africanews RSS
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Ivory Coast: Women cooperative for vegetables transforming rural village
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April 22, 2024
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Business
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“In the days when I didn’t grow onions, when I needed something, I had to ask someone (for help) (saying), sorry, could you help me. Or I ask my husband for help and if he doesn’t have anything, I can’t find anything, unless I take out a loan with someone I know.” Read More Africanews RSS
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Nigeria’s crude oil output goes down again in March – OPEC
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April 20, 2024
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OPEC data based on direct communication show that Nigeria’s average daily production dropped to 1.2 million barrels, from 1.3 in February. The Minister for Petroleum Resources has attributed the low crude oil production to issues with the Trans-Niger pipeline and maintenance activities. Read More Africanews RSS
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BNP Paribas faces lawsuit over alleged role in sudanese genocide
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April 19, 2024
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The lawsuit contends that the French bank facilitated the Sudanese government’s atrocities by offering banking services that violated American sanctions. Read More Africanews RSS
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