https://www.reuters.com/world/africa/imf-ghana-reach-staff-level-agreement-loan-programme-review-2024-04-13 Ghana’s finance minister released a statement on April 13th, stating that Ghana will soon reach a deal with international bondholders of the International Monetary Fund (IMF) to restructure their $13 billion of debt. Finance Minister Mohammed Amin Adam has claimed that Negotiations are ongoing and is optimistic about positive results. The IMF has successfully reviewed the proposed loan program… Read more »
https://www.reuters.com/world/africa/nigerias-grid-collapses-weeks-after-tariffs-raised-wealthier-consumers-2024-04-15 Nigeria’s electricity grid collapsed in the early morning of April 15th. The state-owned power transmission company released a statement claiming that a fire had erupted at a power generating station in the south around 3:00 am that had caused the grid collapse for large parts of Nigeria. The system was restored by early afternoon by the Transmission Company of… Read more »
https://apnews.com/article/south-africa-parliament-speaker-released-bail-5351840d521617082da8108b2096b98d Former South African parliament speaker Nosiviwe Mapisa-Nqakula faces arrest for allegedly accepting $135,000 in bribes, adding to the African National Congress’ corruption troubles. She turned herself in, claiming innocence amid suspicions of political motives ahead of national elections. Accused of receiving cash from a defense contractor during her tenure as defense minister, she resigned after failing to halt her… Read more »
https://www.aljazeera.com/news/2024/4/4/somalia-expels-ethiopian-ambassador-amid-somaliland-port-deal Somalia expelled Ethiopia’s ambassador due to a feud over a port deal with Somaliland. They also closed Ethiopia’s offices in Hargeisa and Garowe. Somalia claims Ethiopia is meddling, violating its independence. This move escalates tensions. The issue started when Ethiopia agreed to rent land in Somaliland for 50 years. Somalia believes Somaliland is theirs, so they’re furious. They fear… Read more »
https://www.aljazeera.com/news/2024/3/25/binance-executive-detained-in-nigeria-in-crypto-case-escapes-custody Tigran Gambaryan, a United States based executive, is being detained and it causes a lot of problems for Binance. Binance is a global crypto currency exchange that is already dealing with a lot of challenges. Binance has been working in Nigeria after several people blamed them for helping crash the fiat currency in Nigeria. Nigeria has even threatened the… Read more »
Link to article: https://allafrica.com/view/group/main/main/id/00088762.html Amidst the lead up to the presidential election in Senegal, two opposition leaders, Ousmane Sonko and Bassirou Diomaye Faye, have been released from prison. As the two walked out of prison, thousands were outside waiting, rejoicing upon their emergence. While in prison, Sonko had constantly let it be known that he believed that his imprisonment was… Read more »
Link to article: https://www.theguardian.com/world/2024/feb/27/ethiopian-government-tries-to-stop-uk-auction-of-looted-maqdala-shield The UK has proposed the idea of putting the Magdala shield up for sale. During the Battle of Magdala in 1868 the Emperor Tewodros II was defeated by Lord Napier and the British looted various things from Ethiopia. One of the items was a circular dome shield. Ever since then, the Ethiopian government has been appealing… Read more »
Link to article: https://allafrica.com/stories/202403130091.html Haiti has been under turbulent gang violence for many years now and Kenya, being another UN member, has been looking to assist Haiti and bring the falling country to its feet. Back in 2023, Kenya led Resolution 2699, which stood for a multinational mission to help the Haitian Police Force get control of the gangs that… Read more »
Link to article: https://allafrica.com/view/group/main/main/id/00088724.html Over the few years, there has been a resurgence of M23 attacks in the Democratic Republic of Congo (DRC). These attacks have severely worsened over the last few weeks, displacing over 100,000 Congolese people. This has brought the total number of displaced people in the region to over 800,000, revealing a rising humanitarian crisis. The leaders… Read more »
Link to article: https://www.africanews.com/2024/02/19/dr-congo-us-accuses-rwanda-of-supporting-m23-rebel-group/ According to this article, the United States condemned the worsening violence and called on the M23 rebel group to stop and withdraw from current positions. They requested this due to the increase in violence in the area. Many have been forced to flee and the rebel group is gaining more control. Following that request, the United… Read more »
