IMF relieves EA’s indebted states with $1.9b financing deals

The head of the International Monetary Fund Kristalina Georgieva. Photo Nicholas Kamm/AFP By The East African The International Monetary Fund (IMF) board has approved the payment of $620.65 million in budgetary support for Rwanda, Tanzania and the Democratic Republic of Congo (DRC) as part of the $1.92 billion financing commitments which the Washington-based institution agreed

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Somalia’s political turmoil in Puntland led to the withdrawal of SSC-Khatumo state

The SSC-Khatumo clan leaders held a critical meeting yesterday in the city of Las Anod, the capital of Sool region. The statement said that they will not participate in the elections in Puntland, saying that they will not select the 17 MPs they already had. “We have decided that the 17 MPs will not be

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About 300 Indian travelers are stuck in a French airport in a human trafficking probe

Gendarmes patrol at the Vatry airport, eastern France, Saturday, Dec. 23, 2023 in Vatry, eastern France. About 300 Indian citizens heading to Central America were sequestered in a French airport for a third day Saturday because of an investigation into suspected human trafficking, authorities said. The 15 crew members of the Legend Airlines charter flight

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Russia suspends part of payments to global chemical weapons watchdog

By Anadolu Agency Russia on Saturday announced that it would withhold a part of its payments to the Organization for the Prohibition of Chemical Weapons (OPCW), claiming that the money would be used to fund the “illegitimate” Investigation and Identification Group set up by the US and its satellites to promote “illegal activities in the

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UK recession might be under way after economy shrinks in Q3

File Photo: People walk over London Bridge looking at a view of Tower Bridge in the City of London financial district in London, Britain, October 25, 2023. Photographer Susannah Ireland/File Photo By Reuters Britain’s economy might be in a recession, according to data that showed it shrank between July and September, shortly after finance minister

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Belgium jails Rwandan for life over 1994 genocide

The face of Protais Mpiranya, one of the key suspects in the 1994 Rwandan genocide, and Fulgence Kayishema (bottom left), one of the last four fugitives sought for their role in the 1994 Rwanda genocide on a wanted poster. Photo/AFP By AFP A Belgian court on Friday sentenced a Rwandan former militia leader to life

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President Ruto plans to raid taxpayers for extra Sh362bn in 2024

President William Ruto’s administration plans to raid taxpayers for an additional Sh361.80 billion to fund his second full-year budget. File Photo/AFP By Business Daily Africa President William Ruto’s administration plans to raid taxpayers for an additional Sh361.80 billion to fund his second full-year budget, which is set to cross the Sh4 trillion mark for the

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German authorities seize $64.5M worth of Captagon drugs

By Anadolu Agency German authorities have seized $64.5 million worth of Captagon drugs after more than a year-long investigation into the activities of a Syria-linked gang, officials said on Thursday. Around 461 kilograms (1,000 pounds) of addictive Captagon pills were seized during custom inspections, as well as searches conducted at the properties of the suspects

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Fight against terrorism should not mean ‘razing Gaza to the ground’: Emmanuel Macron

French Presidential Elysee Palace By Anadolu Agency French President Emmanuel Macron said Wednesday that the idea of a fight against terrorism should not be about “razing the Gaza Strip to the ground.” Macron noted that Paris’ position was the same since the start of the conflict in the Middle East, despite what critics have said.

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Somalia Minister for Women and Human Rights Development was poisoned and died in Djibouti-sources say

Khadijo Mohamed Diriye. Credit to Photo Facebook Somalia Minister for Women and Human Rights Development, Khadijo Mohamed Diriye, passed away in Djibouti on Wednesday after she was poisoned and died in Djibouti, according to sources close to Somalia president Hassan Sheikh Mohamoud told Somali Times. Read: Why is Somalia an unfortunate country? Deputy Minister of

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