Afreximbank plans to disperse 85 billion USD to support intra-African trade in 3 years

Benedict Okey Oramah, the president and chairperson of the African Export-Import Bank (Afreximabank), on Sunday said the bank planned to disperse about 85 billion U.S. dollars in support of intra-African trade until 2021. Speaking during a press conference on the sidelines of the ongoing 32nd Ordinary Session of the Assembly of the African Union (AU)

Read More

Qatar revamps investment strategy after Kushner building bailout

Photo Reuters When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald Trump’s son-in-law, eyebrows were raised in Doha. Kushner, a senior White House adviser, was a close ally of Saudi Crown Prince Mohammed bin Salman – a key architect of a

Read More

Ethiopian PM and Somalia President discussed Amisom operation in Somalia

The President of the Federal Republic of Somalia, HE Mohamed Abdullahi Mohamed and Prime Minister Abiy Ahmed held their meeting after ending the 32th AU summit, which opened on Sunday. discussed the Amisom operation and strengthening the relations between the two countries. That the leaders discussed the issues, including the relationship between the two governments,

Read More

Canada takes in hundreds of freed African migrants sold in Libya as slaves

Canada has resettled over 150 African migrants stranded in Libya since the 2017 CNN slave trade expose that showed smugglers auctioning migrants off as slaves outside Tripoli. Canada’s immigration minister, Ahmed Hussen, confirmed the country’s resettlement programme to local media Global News on Wednesday saying at least 600 migrants will be resettled in Canada over

Read More

Sh6bn meat factory scandal returns to haunt Kenyan taxpayers

One of Kenya’s forgotten scandals, the 45-year-old Halal abattoir in Ngong, has resurfaced, and the taxpayer will, once again, shoulder the Sh5.7 billion burden of the private meat venture that went terribly wrong in the 1970s. It has emerged from court proceedings that the National Treasury could be planning to pay out the cash for

Read More

Indonesia police apologise for using snake in Papua interrogation

Indonesian police have apologised and pledged disciplinary action after officers draped a live snake around the neck of a suspect to persuade him to confess during an interrogation session in the easternmost area of Papua. A video circulated online shows a man being questioned about stolen mobile phones seated with his hands tethered behind his

Read More

Thai court orders release of Bahrain refugee soccer player

A Thai court ordered the release of a refugee soccer player on Monday after prosecutors said they were no longer seeking his extradition to Bahrain in a case that had drawn worldwide attention. Court spokesman Suriyan Hongvilai said that Hakeem al-Araibi, who lives and plays professional soccer in Australia, was being processed for release. Prosecutors

Read More

Saudi Arabia says has ‘nothing to do’ with Bezos-AMI dispute

Photo Reuters Saudi Arabia had “absolutely nothing to do” with the National Enquirer’s reporting on an extramarital relationship involving Amazon.com Inc Chief Executive Jeff Bezos, the kingdom’s minister of state for foreign affairs said. Bezos on Thursday accused American Media Inc (AMI), the Enquirer’s owner, of trying to blackmail him with the threat of publishing

Read More

South Korea, US sign cost-sharing deal for American troops

Photo (AP) South Korea and the United States struck a new deal Sunday that increases Seoul’s contribution for the cost of the American military presence on its soil, overcoming previous failed negotiations that caused worries about their decades-long alliance. South Korea last year provided about $830 million, covering roughly 40 percent of the cost of

Read More

Somalia President meets with the UN Secretary-General

The Secretary-General met today with President Mohamed Abdullahi Mohamed of the Federal Republic of Somalia, on the margins of the African Union Summit.The Secretary-General commended the Federal Government of Somalia’s reform agenda and underscored the importance of implementing the roadmaps on Inclusive Politics, Security and Justice, Economic Recovery, and Social Development, in close cooperation with

Read More