IMF deputy managing director Antoinette Sayeh By Business Daily Africa Kenya plans to track the financial dealings of high-ranking politicians, including the President, and their allies from next year in fresh commitments to the International Monetary Fund (IMF) aimed at preventing the country from being locked out of the global financial system for money laundering.

By Anadolu Agency Sweden has not taken any concrete steps to address Turkey ’s security concerns, the Turkish foreign minister said on Thursday. “There is no concrete development regarding the extradition of terrorist-related criminals and the freezing of terrorist assets,” Mevlut Cavusoglu said at a news conference with his Swedish counterpart Tobias Billstrom in the

African Airlines By African Exponent A recent report by African Airlines Association (AFRAA) revealed that African airlines are expected to lose about $800 million just from the last quarter of the year and a total of $3.5 billion for the year. The report compared the data to 2019 pre-pandemic data. The local travel industry is

File Photo/Somali Times Some of the parents in Mogadishu have accused the Somali government of sending their children to military camps in Mogadishu to serve as soldiers. These parents held a demonstration last night in Mogadishu at the Marine camp in Hamar Jajab district, where they are said to be camped with young people who

By Anadolu Agency France’s president said European countries should be more decisive in the NATO alliance and reduce their “reliance on the US,” according to reports on Wednesday. Speaking to reporters aboard the French presidential plane on his return from an international summit in Amman, Jordan, Emmanuel Macron said “he doesn’t see his push to

By Reuters Oil prices climbed for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks growing tighter just as a wintry blast hits the United States and travel is set to soar for its holiday season. Brent crude futures gained 13 cents, or 0.16%, to $82.33 at 0713 GMT,

American couple Nicholas Spencer and his wife, Mackenzie Leigh Mathias Spencer, both 32, stand in the dock at Buganda road court, where they were charged with torturing a ten year old John Kayima and state prosecutor objected to their application saying that the two have been illegally in Uganda after their work permits expired, in

Ukrainian President Volodymyr Zelenskyy speaks after giving President Joe Biden a gift as they meet in the Oval Office of the White House, Wednesday, Dec. 21, 2022, in Washington. (AP Photo/Patrick Semansky) By The Associated Press Ukrainian President Volodymyr Zelenskyy thanked President Joe Biden, U.S. lawmakers and “ordinary people” of America for their support as

By Daily Nation Africa is moving toward greater integration as more states make progress in their freedom of travel policies, the latest edition of the African Visa Openness Index (AVOI) reveals. This comes on the back of a revived push for a single African air transport market, with an initial pilot involving seventeen African states

By International Monetary Fund United States of America, December 20, 2022/APO Group/ — On December 16, 2022, Austria disbursed a €14.9 million grant (about US$15.8 million) for the International Monetary Fund’s (IMF) Heavily Indebted Poor Countries (HIPC) Initiative. This contribution will allow the IMF to provide debt relief to Somalia and Sudan once all the