The Tema Port Expansion Project in Ghana epitomizes a strategic milestone in Africa’s maritime and economic landscape. This ambitious project, scheduled for completion by September 2025, is not just an infrastructural upgrade but a pivotal catalyst for economic transformation. The significance of this expansion is underscored by its scale and potential impact: it is set […] The post
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The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
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An overnight curfew has been imposed in the East African island nation of Comoros after violent protests against President Azali Assoumani’s re-election rocked the archipelago, the interior ministry said. Assoumani won a fourth five-year term after the country’s electoral body on Tuesday declared him the winner of Sunday’s election against five opponents, with 62.97 percent […] The post Comoros
A prosecutor investigating an on-air attack on a public television station last week has been shot dead in Guayaquil, Ecuador’s largest city. Prosecutor Cesar Suarez, who earlier investigated some other high-profile cases, was shot on Wednesday while driving, according to Attorney General Diana Salazar. “Organised crime groups, criminals, terrorists will not stop our commitment to […] The post Ecuador
Pakistan has hit Iran with what it described as “highly coordinated” military strikes, a little more than 24 hours after Iranian air raids in Balochistan, further raising tensions between the neighbours and sparking fears of a broader conflict. On Thursday morning, according to a statement from its Ministry of Foreign Affairs, Pakistan conducted what it called an […] The post Pakistan
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Police in France are holding a “Black Thursday” of work stoppages and demonstrations to demand better pay and conditions during this summer’s Olympic Games. Several police unions, led by the two largest, Alliance and Unsa Police, said there should be bonuses of up to €2,000 (£1,720) as well as guarantees of holiday leave and childcare support […] The post French Police protest
Kenya is grappling with a host of economic challenges including a vast debt mountain, cost of living crisis and tumbling currency. The IMF said in a statement published on Wednesday that its executive board had approved the $941.2 million loan, with an immediate disbursement of $624.5 million. Total payments under various credit facilities amount to […] The post IMF approves new $941m loan for
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