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Ghana’s new government has inherited a budget deficit of around 10 percent of economic output, Finance Minister Ken Ofori-Atta told Reuters on Wednesday, double the 2016 target set by the previous government.
A deficit higher than the target would reduce …
Continue readingItaly set up a fund to help African countries better seal their borders in a bid to keep migrants from boarding flimsy and often deadly rubber boats bound for Europe, the foreign minister said on Wednesday.
Foreign Minister Angelino Alfano’s …
Continue readingNigeria’s candidate for Africa Union, AU Commissioner for Peace and Security, Fatima Mohammed, has lost to Algeria candidate, Smail Chegui. Mr Chegui, a former Algerian Consul-General and Ambassador to Ethiopia, was re-elected on Monday.
Writing on her Facebook page, Fatima …
Continue readingRatings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west African nation’s economic outlook.
Nigeria is experiencing its worst economic crisis in years following a collapse in global oil prices which form …
Continue readingStudents For Liberty is launching an all new platform called SFL Academy to be its one stop shop for academic and student training courses, and we got a course there that you’ll love, Liberty in Africa.
Continue readingThe African Union (AU) finally elected a new leader of its commission. Moussa Faki Mahamat won a close contest against his Kenyan counterpart, Amina Mohamed to emerge African Union Commission chairperson.
He takes over from South Africa’s Nkosazana Dlamini Zuma …
Continue readingDr. Nkosazana Clarice Dlamini Zuma is the Chairperson of the African Union Commission, elected to this position by the African Heads of State and Government in 2012. She is the first woman in 50 years to lead the continental organization, …
Continue readingAbout a week after the Federal Government announced the release of N72bn as its counterpart fund for the construction of the Lagos-Ibadan standard gauge rail line, the Export-Import Bank of China has approved $1.275bn (about N408bn) loan for the project …
Continue readingThe African Union agreed Monday to readmit Morocco 33 years after it quit the bloc, following a difficult debate over the status of Western Sahara, according to presidents attending the summit.
“Morocco is now a full member of the African …
Continue readingThe head of the African Union said on Monday that a U.S. travel ban on seven Muslim-majority countries including three in Africa heralded “turbulent times” for the continent.
Nkosazana Dlamini-Zuma spoke after U.S. President Donald Trump’s executive order halted travel …
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