World Bank’s IDA20 launches $93B in funds for low-income nations

World Bank’s IDA20 launches $93B in funds for low-income nations

The World Bank has formally launched its US$93 billion in funding commitments to help low-income countries build up their economies in response to the COVID-19 pandemic and other setbacks, with funds sourced in part from 52 donor nations through the IDA20 replenishment. The funding is meant to target “overlapping crises—climate…

SA diamond mine dam fails, fatal deluge hits Charlesville

SA diamond mine dam fails, fatal deluge hits Charlesville

Rescue efforts are under way in South Africa, where a mine tailings dam burst early Sunday and flooded nearby communities. The ensuing mudslides and deluge from the abandoned diamond mine in Jagersfontein claimed at least three lives with others unaccounted for, according to local media reports. The office of Nkosazana…

Lesotho drops charges against former PM Thabane, wife

Lesotho drops charges against former PM Thabane, wife

The government of Lesotho announced Tuesday that it has dropped charges against former prime minister Tom Thabane and his wife, Maesiah, in connection with the murder of Thabane’s former wife, Lipolelo Thabane. The Lesotho Times reports that lead prosecutor Gareth Leppan withdrew the charges because a key witness in the…

Masisi pitches Botswana at U.S.-Africa Business Summit

President Mokgweetsi Masisi of Botswana, right, served as speaker during a discussion of technology and digital services as part of Wednesday’s opening sessions of the U.S.-Africa Business Summit 2022 in Morocco. Masisi said he welcomed the opportunity to promote African economic development and opportunity, while making a specific case for…

Former Angolan president dos Santos dies in Spain

Former Angolan president Jose Eduardo dos Santos has died, according to a statement from government officials issued Friday. The ailing 79-year-old leader had remained on life support for days in a Barcelona hospital, and his death was not unexpected. The statement from Angolan President João Lourenço called dos Santos “a…

South Africa confirms Gupta arrests in UAE

Two members of the Gupta family, wanted in South Africa in connection with a years-long “state capture” corruption investigation involving multiple entities and officials, have been taken into custody in the United Arab Emirates (UAE). The arrest of Rajesh and Atul Gupta was confirmed late Monday by the Ministry of…

Nigeria’s energy sector eyes European markets at Spain forum

Nigeria is promoting its oil and gas industry during President Buhari’s state visit to Spain, a move that comes as European nations seek to secure resources to replace the now-banned imports of Russian oil. Buhari and representatives of the Nigerian National Petroleum Corporation (NNPC) have highlighted Nigeria’s energy sector during…

China pushes back at U.S. over Huawei-Africa comments

The Chinese government has pushed back over remarks about telecom firm Huawei and its presence on the African continent, made by Deputy Secretary of State Wendy Sherman of the United States. Sherman made her comments during a just-concluded diplomatic swing through South Africa, Angola and Gabon. In Angola, she visited…

Japan, Africa look to deepen trade ties

Japan is looking to expand its presence on the African continent, with trade and investment taking center stage during the Japan-Africa Public-Private Economic Forum held in Nairobi. The event attracted seven ministerial-level leaders and over 200 participants from 15 countries, according to the Kenyan trade ministry. Among them was Takako…

Blaise Compaoré convicted in Thomas Sankara death

The long journey toward a verdict in the murder trial of Burkina Faso’s former president Blaise Compaoré has ended, with Compaoré sentenced in absentia to life in prison for his role in the 1987 death of beloved revolutionary leader Thomas Sankara. Sentenced by the Ouagadougou court along with Compaoré were…