AFRICA

Cairo, Egypt | Xinhua | The International Monetary Fund (IMF) said on Friday that its executive board had approved a loan to Egypt of about 3 billion U.S. dollars over 46 months. The decision enables an immediate disbursement of about 347 million dollars to Egypt, “which will help meet the balance of …

Doha, Qatar | Xinhua | Morocco coach Walid Regragui was full of praise for his squad despite seeing them lose the World Cup third place play-off 2-1 to Croatia. First half goals from Josko Gvardiol and MIslac Orsic condemned Morocco to defeat in a game where they suffered further injuries in defense, …

Dar es salaam, Tanzania | Xinhua | The United Nations refugee agency commended Tanzania for its unwavering support in hosting refugees, a statement has said. The statement released on Friday by the Ministry of Finance and Planning said the praise was given by the United Nations High Commissioner for Refugees (UNHCR) Country …

Johannesburg, South Africa | Xinhua | South Africa’s governing party, the African National Congress (ANC), started its 55th national conference in Johannesburg on Friday. More than 4,000 delegates from across the country are attending the conference, which is scheduled to end on Tuesday and expected to elect the party’s top leadership for the …

United Nations | Xinhua | UN Secretary-General Antonio Guterres strongly condemned the attack against a police patrol of the UN mission in Mali on Friday, which killed two Nigerian peacekeepers and injured four others. An unidentified gunman shot and killed two officers, including one woman, from the United Nations Multidimensional Integrated Stabilization …

Dar es salaam, Tanzania | Xinhua | The World Bank has earmarked about 15 million U.S. dollars to accelerate regional digital integration efforts across the East African Community (EAC), the EAC said in a statement on Saturday. The statement, issued by the EAC headquarters in Tanzania’s northern city of Arusha, said the …

Why Uganda and others were not disappointed COVER STORY | Ian Katusiime | President Yoweri Museveni got at least one major deal on the sidelines of the just concluded US-Africa Leaders Summit in Washington DC, US. The President managed to get the U.S. group, Albertine Graben Energy Consortium (AGEC), to agree that a …

Mogadishu, Somalia | Xinhua | The World Bank said it has approved a 70 million U.S. dollar International Development Association (IDA) grant to develop resilient water, agriculture, and environmental services for rural communities in Somalia’s drylands. The Somalia Water for Rural Resilience Project, known as “Barwaaqo” and builds on the Biyoole project, …

More African states are liberalising travel for their peers, indicating a positive trend towards more open travel policies on the continent. Johannesburg, South Africa | BIRD AGENCY | Africa is moving toward greater integration as more states make progress in their freedom of travel policies, the latest edition of the …

Nairobi, Kenya | Xinhua | Kenya-based regional bank, KCB Group, said on Thursday that it has completed the acquisition of the Democratic Republic of the Congo (DRC)-based Trust Merchant Bank (TMB) after receiving all the regulatory approvals. KCB Group CEO Paul Russo said in a statement issued in the Kenyan capital …