Posted in Finance

South African President Announces Reopening of Businesses Under Strict Guidelines

South Africa will soon begin reopening full-service restaurants and casinos under strict conditions after nearly three months of being under lockdown restriction to contain the…

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UN Provides $40 Million in Response to New Ebola Outbreak, Other Emergencies in DR Congo

The U.N. has released $40 million from its Central Emergency Response Fund to help tackle a new outbreak of Ebola and other health and humanitarian…

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African Development Bank: ‘No Decision’ Yet on Demands for Probe

The African Development Bank (AfDB) on Thursday said “no decision” had been taken regarding a U.S. push for an outside probe into its chief, accused…

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Zimbabwe Welcomes Removal of Its Banks from US Sanctions List

Zimbabwe welcomed the U.S. decision Thursday to remove two of its banks from the sanctions list, saying the move will allow them to easily obtain…

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France Arrests Rwandan Businessman Wanted in Connection With 1994 Genocide

French police have arrested a man accused of funding militias that massacred hundreds of thousands of people in Rwanda 1994 genocide. The French Justice Ministry…

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Zimbabwe Disregards WHO COVID-19 Quarantine Guidelines

Zimbabwe’s government has reduced the mandatory quarantine period for possible coronavirus cases by one-half. The government says it lacks the resources to take care of…

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South African President Unveils Historic Coronavirus Economic Stimulus

South African President Cyril Ramaphosa is attempting to heal his nation’s ailing economy after about a month of what amounts to a total business shutdown…

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Posted in Finance

World Bank, IMF: Africa Still Needs $44 Billion to Fight COVID-19 Pandemic

The World Bank and International Monetary Fund said on Friday that Africa needs $44 billion more to fight the coronavirus pandemic despite a freeze in…

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