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UN Calls For Overhaul Of Global Financial System

  • April 4, 2019

Sixty-plus international organizations, led by the United Nations and including the International Monetary Fund, the World Bank Group and World Trade Organization, jointly sounded the alarm Thursday in a new report, warning that unless national and international financial systems are revamped, the world’s governments will fail to keep their promises on such critical issues as […]

Africa Lead Story

Ethiopian Airlines Boeing 737 Pilots ‘Could Not Stop Nosedive’

  • April 4, 2019

A preliminary report into the crash of an Ethiopian Airlines plane last month says the aircraft nosedived several times before it crashed. Pilots “repeatedly” followed procedures recommended by Boeing before the crash, according to the first official report into the disaster. Despite their efforts, pilots “were not able to control the aircraft”, Transport Minister Dagmawit […]

Africa Lead Story

Algeria’s President Abdelaziz Bouteflika Resigns

  • April 3, 2019

Algeria’s President Abdelaziz Bouteflika is resigning after weeks of mass protests, state media report. Mr Bouteflika, who had been in power for 20 years, had already dropped plans to seek a fifth term as opposition to his rule grew. The powerful Algerian army had called for the 82-year-old to be declared incapable of carrying out […]

Africa Lead Story

UK Reiterates Commitment To Promoting Prosperity In Africa

  • April 3, 2019

Mr Iain Walker, the British High Commissioner, has reiterated the United Kingdom’s commitment to promoting Africa’s prosperity and security. “The UK Government believes that it is in our national interest to promote prosperity and security in Africa,” Mr Walker said on Monday at the opening of the Managing Defence in the Wider Security Context (MDWSC) […]

Africa Lead Story

Egypt President Raises Minimum Wage, Now $116 From $70

  • April 1, 2019

Egypt’s President Abdel Fattah al-Sisi has raised the country’s minimum wage to 2,000 Egyptian pounds ($116) a month from 1,200 pounds, he said at an event on Saturday celebrating women. Sisi said the raise would apply to all Egyptian workers and added that pensions would rise by 15 percent, with pensioners receiving a minimum increase […]

Africa Lead Story

Africa’s Wealth Should Be Used To Empower Its Youth – President Akufo-Addo

  • April 1, 2019

Africa must develop a strategy to reap the demographic dividend that the continent’s youthful population offers, President Nana Addo Dankwa Akufo-Addo has said. Thus, African leaders ought to leverage the continent’s vast wealth to develop and empower their respective youth populations, which are the largest generation of young people in history. Delivering a speech at […]