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World - Page 379

Brics Reshapes Global Economy Beyond Dollar

For nearly eight decades, the United States dollar has stood at the center of global finance, dominating international trade, energy markets and central bank reserves. But a new financial contest is emerging as BRICS nations push to build alternative systems that could

July 25, 2026

Politics·World

Ex-Prez Koroma permitted to leave country on medical grounds

A former Sierra Leonean president has been granted permission to travel abroad on medical grounds despite facing treason charges. The High Court ruling comes amid speculation that Ernest Bai Koroma has agreed to go into exile in Nigeria if charges against him

January 18, 2024

Business·World

Mpango urges for increased agricultural investments

VICE-PRESIDENT, Dr Philip Mpango, has called upon Norwegian fertiliser maker, Yara International to scale up investments in agricultural infrastructure in Tanzania to the agricultural value chain. Speaking on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland yesterday,

January 18, 2024

Tanzania·World

UK allocates £2 billion as guarantee for Tanzania’s public, private sectors

The United Kingdom (UK), through its UK Export Finance (UKEF), has designated approximately £2 billion as a guarantee for Tanzania’s public and private sectors. This guarantee aims to facilitate access to loans for the Tanzanian business community from various financial institutions. Tanzania’s

January 18, 2024

Entertainment, Arts & Culture·World

Schwarzenegger detained by German customs over luxury watch

Actor and former US politician Arnold Schwarzenegger was detained by German customs officers at Munich Airport on Wednesday for failing to declare a valuable luxury watch. “He is sitting with us, that’s right,” a spokesman for the main customs office in Munich

January 18, 2024

Health·World

UN appeals for urgent funding to battle drought in Ethiopia

The UN’s humanitarian agency says it is concerned by the worsening drought in Ethiopia and needs more funds to step up its response efforts. The United Nations today stepped up its efforts to mitigate the effects of the worst drought to strike

January 18, 2024

World

Somalia turned back Ethiopian plane headed for Somaliland

Somalia has turned away a plane transporting officials from Ethiopia to the self-declared republic of Somaliland. Somalia’s information minister told the plane did not have permission to be in the country’s airspace. The Ethiopian officials were visiting Somaliland to discuss a deal,

January 18, 2024

World

Rwandan president Paul Kagame suggests UK could get money back

Rwanda’s President Paul Kagame has said he would return money to the UK if no asylum seekers are sent to his country under his deal with the government. The UK has paid £240m to Rwanda, with a further £50m to come. So

January 18, 2024

World

Kenya wins $941 million IMF loan boost

The International Monetary Fund (IMF) on Wednesday approved a $941 million lending boost to Kenya, with an immediate disbursement of $624.5 million. The disbursement under the Extended Fund Facility (EFF) and Extended Credit Facility (ECF) programs will also be topped by a

January 18, 2024

Health·World

Zambia authorities begin vaccination against cholera

Zambia has commenced the administration of the oral cholera vaccine. On Tuesday authorities rolled out some doses in in Matero township, one of the most affected compounds of Lusaka, the country’s capital. The countrywide cholera outbreak has so far killed 363 people,

January 18, 2024

Business·World

Shell to exit Nigeria’s troubled onshore oil after nearly a century

Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion. The British energy giant pioneered Nigeria’s

January 18, 2024

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World - Page 379