Monthly Archives: February, 2024

Equatorial Guinea and Ghana Sign Agreement with Afreximbank’s Feda Fund

CAIRO – Equatorial Guinea and Ghana have officially joined the Fund for Export Development in Africa (Feda), a subsidiary of the African Export-Import Bank (Afreximbank), marking a significant step in promoting industrialization, intra-African trade, ...

ECOWAS Faces Financial Loss with Departure of Three Member States, Says Burkinabe MinisterWest Pokot Faces Educational Hurdles Due to Lack of Birth Certificates

OUAGADOUGOU — The Economic Community of West African States (ECOWAS) is set to lose at least 45 billion FCFA in community levies annually due to the withdrawal of Burkina Faso, Mali, and Niger. According to Burkina Information Agency, the Burkinabè ...

Burkina Faso Minister Claims Countries Were Effectively Ousted from ECOWAS Before Formal Withdrawal

OUAGADOUGOU — Burkina Faso's Minister of Economy, Aboubakar Nacanabo, stated on Sunday that the formal departure of Burkina Faso, Mali, and Niger from the Economic Community of West African States (ECOWAS) was a mere formalization of an existing reali...

Burkina Faso Minister Claims Countries Were Effectively Ousted from ECOWAS Before Formal WithdrawalSahel Alliance Holds Key to ECOWAS’ Natural Resources, Says Burkinabe Minister

OUAGADOUGOU — Burkina Faso's Minister of Economy, Aboubakar Nacanabo, stated on Sunday that the formal departure of Burkina Faso, Mali, and Niger from the Economic Community of West African States (ECOWAS) was a mere formalization of an existing reali...

Islamic Military Coalition Against Terrorism Convenes in Riyadh for Second Meeting

RIYADH, Saudi Arabia – Prince Khalid bin Salman bin Abdulaziz, Saudi Arabia's Minister of Defense and Chairman of the Council of Defense Ministers of the countries of the Islamic Military Coalition Against Terrorism (CIMCT), led the second meeting of ...

Power Metal Resources Experiences Surge in Share Price Following Drilling Announcement in Botswana

GABORONE – Power Metal Resources has witnessed a sharp increase in its share price following the announcement of the commencement of drilling activities at the Molopo Farms complex nickel project in Botswana. This development, coupled with the acquisi...

Burkina Faso Reaffirms Membership in UMOA, Cites ECOWAS Concerns

OUAGADOUGOU – In a statement that clarifies Burkina Faso's stance on regional economic communities, Aboubakar Nacanabo, the Burkinabè Minister of Economy and Finance, confirmed on Sunday that Burkina Faso will continue to be a part of the West African...

Sanmatenga Association Supports Burkina Faso’s Withdrawal from ECOWAS Amid Calls for Stability

KAYA — On Sunday, February 4, 2024, the Unique Voice of Sanmatenga, a youth association, gathered at the Kaya parade square to publicly endorse the withdrawal of Burkina Faso, Mali, and Niger from the Economic Community of West African States (ECOWAS)...

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S. Korean Banks’ Lending Rate Declines for Sixth Consecutive Month in May

Seoul: South Korean banks' lending rate fell for the sixth successive month due to lower policy rate, central bank data showed Monday. The weighted average rate for new bank loans slipped 0.02 percentage points from a month earlier to an annualized 4....
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Ngurare Hands Over Four Boreholes in Epembe

Epembe: Prime Minister Elijah Ngurare on Sunday officially handed over four newly completed boreholes at Onamundindi in the Epembe Constituency. This landmark initiative is set to provide clean, accessible water to over 23 villages and significantly i...

Houseboat Painter’s Body Recovered from Zambezi River

Katima mulilo: The body of 25-year-old Nguapeua Manieatara Riruako, who reportedly drowned in the Zambezi River on Wednesday while painting a newly constructed houseboat, was retrieved on Sunday afternoon at Namwi Island. According to Namibia Press ...

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