The International Monetary Fund (IMF) has reached a staff-level agreement with Ghana on the fourth review of its $3 billion loan program. Upon board approval, this will unlock a $370 million disbursement to support the country’s recovery. Ghana, a major producer of gold, oil, and cocoa, is emerging from one of its worst economic crises…
Newly appointed African Union (AU) mediator and Togolese President Faure Gnassingbé is in Luanda today, Wednesday, as part of efforts to resolve the ongoing conflict in eastern Democratic Republic of Congo (DRC). Gnassingbé is expected to meet Angolan President João Lourenço, who currently chairs the African Union. The talks will focus on advancing peace initiatives…
Chadian students studying in Nigeria’s Plateau State, are expressing deep anxiety over threats of forced repatriation by Nigerian immigration authorities. In a letter dated April 14 to the Chadian Embassy in Abuja, the Chadian Students Association in Jos reported the recent arrest of several members by the Nigerian Immigration Service (NIS), who claimed their residency…
Nigeria and Tanzania are advancing discussions on launching direct flights between their capitals, Abuja and Dar es Salaam, as part of a broader effort to enhance air connectivity and strengthen economic, tourism, and cultural ties between the two countries. The initiative emerged following a high-level meeting in Abuja between Nigeria’s Minister of Aviation and Aerospace…
The International Monetary Fund (IMF) has approved a disbursement of $143 million (approximately 82.52 billion CFA francs) to Benin as part of its ongoing support under the Extended Fund Facility (EFF), Extended Credit Facility (ECF), and Resilience and Sustainability Facility (RSF). The IMF praised Benin’s economic transformation under President Patrice Talon, noting impressive growth of…
