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IMF Disburses Us$23.4m To Liberia

IMF Disburses Us$23.4m To Liberia

First instalment of approved US$ 213.6 million The International Monetary Fund has disbursed to the Government of Liberia US$23.4 million, representing the first tranche of the Fund’s support which was agreed with Liberia earlier this month under an IMF External Credit Facility, the Ministry of Information, Cultural Affairs and Tourism (MICAT) have announced. According to […]

Help Others Or Go Bust, Migrant Billionaire Tells Big Business

Help Others Or Go Bust, Migrant Billionaire Tells Big Business

Businesses that fail to look beyond the bottom line will not survive as consumer pressure also to do good mounts, said the billionaire behind top-selling U.S. yoghurt brand Chobani. Hamdi Ulukaya, who grew up in a family of semi-nomadic Kurdish shepherds in Turkey before emigrating to the United States in his 20s, said the days […]

Tesla, Apple Among Firms Accused of Aiding Child Labour In Africa

Tesla, Apple Among Firms Accused of Aiding Child Labour In Africa

images in the court documents, filed in U.S. District Court in Washington D.C., showed children with disfigured or missing limbs Five of the world’s largest tech companies have been accused of being complicit in the death of children in Africa forced to mine cobalt, a metal used to make telephones and computers, in a landmark […]

Women Want In As Internet Revolution Creeps Into Chad

Women Want In As Internet Revolution Creeps Into Chad

The internet revolution is coming – old news in much of the world but not in Chad, a tech laggard where women languish at the very back of the line when it comes to connectivity. With just 6.5% of the population online, Chad has the 6th lowest rate of internet usage in the world, according […]

AI Could Be The Boost Education In Africa Needs

AI Could Be The Boost Education In Africa Needs

Up until now, the conversation around education in Africa has revolved around improving the standard of education. But as digital transformation continues to sweep across the globe, there’s a unique window of opportunity to fast-forward to a completely revolutionised era of education. Granted, most countries across the region are making significant strides when it comes […]

Nigeria, Iran To Establish Binational Commission

Nigeria, Iran To Establish Binational Commission

Nigeria and Iran have agreed to set up a binational commission that will promote trade, investment, agriculture and technology transfer, following a meeting between President Muhammadu Buhari and Iranian Vice President for Economic Affairs, Mohammad Nahavandian, on Friday in Malabo, Equatorial Guinea. Speaking at the bilateral meeting held on the sidelines of the 5th Summit […]

NNPC, Chinese To Begin $2.8bn Abuja-Kano Pipeline Project

NNPC, Chinese To Begin $2.8bn Abuja-Kano Pipeline Project

The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, would soon begin work on the Abuja-Kaduna- Kano pipeline, AKK project. The Group Managing Director of the NNPC, Mallam Mele Kyari, gave this indication when he received the President of CPPECL, Sun Quanjun and the head of the Brantex […]

Milk Production Drops By 6 Percent Due To Pesistant Drought In Namibia

Milk Production Drops By 6 Percent Due To Pesistant Drought In Namibia

The ongoing drought has put the dairy industry under threat as milk production declines by over 6% an official said this week as reported by Xinhua this week. According to the Managing Director of Namibia Dairies Gunther Ling, fodder shortages leading to unsustainable feed prices threaten the existence of Namibia’s dairy industry. “The decline in […]

John Mahama Pleads With Nigeria To Open Up Borders

John Mahama Pleads With Nigeria To Open Up Borders

Mr John Mahama, Former President of Ghana on Tuesday appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa. Mahama made the plea while delivering the 7th Anniversary Lecture, Investiture into The Realnews Hall of Fame and The unveiling of the Book: Pathways to Political and […]

Recession Fears Recede In Germany But The Global Economy Is Still Fragile

Recession Fears Recede In Germany But The Global Economy Is Still Fragile

 First up, China: Retail sales in China grew 7.2% in October compared to a year prior, below the 7.9% increase expected by analysts polled by Refinitiv. Industrial output, meanwhile, grew 4.7%, which was also weaker than anticipated. “Downward pressure has continued to increase on the economy,” China’s national statistical authority said in a statement. China’s massive economy […]