THE government expects the third tranche of US$360 million from its programme with the International Monetary Fund to hit the accounts of the Bank of Ghana by June this year, Minister of Finance, Dr Mohammed Amin Adam, has indicated. With the IMF mission commencing its second review of Ghana’s programme today (April 2), the minister […]
Ivory Coast contracts for the 2023/24 main cocoa crop between exporters and the Coffee and Cocoa Council (CCC) that could not be completed due to a bean shortage will be postponed to prevent exporters from defaulting, a CCC note seen by Reuters showed. As traders scramble for beans after disease and adverse weather hurt supply, […]
Children are being denied access to lifesaving humanitarian assistance in conflict zones around the world in a blatant disregard for international law, a senior U.N. official said Wednesday. “Let me be very clear: The Geneva Conventions and the Convention on the Rights of the Child contain key provisions requiring the facilitation of humanitarian relief to […]
Uganda’s constitutional court has declined to annul or grant a permanent injunction against the enforcement of the country’s anti-gay law. In their ruling Wednesday, the judges said the law does infringe on some fundamental human rights. Lawyers representing members of Uganda’s LGBT community described the ruling as retrogressive. The petitioners in the case had sought […]
Somalia sent the Ethiopian ambassador in Mogadishu back home on Thursday and closed two consulates in the semi-autonomous region of Puntland and in the breakaway region Somaliland due to a dispute over a port deal, two Somali officials said. Ethiopia’s foreign ministry spoksperson Nebiyu Tedla said it it did not have information on the matter. […]
Kenyan President William Ruto arrived in Accra, Ghana, on Tuesday evening to commence a three-day state visit. He was received by Vice President Mahamudu Bawumia at the Kotoka International Airport. President Ruto is expected to hold bilateral talks with his host, President Nana Akufo-Addo, aimed at strengthening trade, diplomatic, and historical ties with the West […]
Bassirou Diomaye Faye was sworn in Tuesday in Diamniadio as Senegal’s fifth president, having defeated main rival and ruling party coalition candidate Amadou Ba and winning the delayed election with over 54% of the vote. Following the ceremony in Diamniadio, which is about an hour from the center of the capital, Dakar, Faye reassured the […]
Gabon’s National Dialogue, called to pave the way for a return to constitutional order and an end to the 55-year Bongo dynasty, began Tuesday in the central African state. Transitional President General Brice Oligui Nguema opened the dialogue, telling a crowd of several thousand civilians and soldiers that Gabon’s citizens are looking forward to what […]
Kenyan President William Ruto is expected to arrive in Ghana on Tuesday (April 2, 2024) for a three-day state visit. During the visit, Kenya and Ghana are set to sign bilateral agreements covering areas of mutual interest, including trade and investment, education and research, public service, and capacity building. Kenya’s Prime Cabinet Secretary and Cabinet […]
The World Bank is looking to issue up to $1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters, as development banks face increasing pressure to find new ways to boost their lending. The G20 group of major economies has urged multilateral lenders to explore hybrid financing structures in […]
