Economy Archives - Page 43 of 55

UK Considers Visa Crackdown on High Asylum Claim Nationalities Amid Political Pressure

The UK government is preparing to introduce tighter visa restrictions for nationals from countries with high asylum claim rates, such as Pakistan, Nigeria, and Sri Lanka, as part of a…

Africa News Now May 6, 2025

African Diaspora ANN Eastern Africa

Rwanda Confirms Early Talks with U.S. on Receiving Deported Migrants Amid Global Scrutiny

Rwanda has confirmed it is in preliminary talks with the Trump administration over a potential agreement to receive immigrants deported from the United States, as Washington ramps up efforts to…

Africa News Now May 6, 2025

ANN West Africa

Nigeria Faces $2.7 Billion Power Sector Debt Crisis as Blackout Fears Grow

Nigeria’s electricity sector is on the brink of collapse as the federal government struggles to address a staggering ₦4 trillion ($2.7 billion USD) debt owed to power generation companies (GENCOs),…

Africa News Now May 6, 2025

ANN West Africa

Senegal and Gabon Forge Strategic Alliance to Redefine Regional Cooperation in Africa

In a significant shift toward pan-African diplomacy, Senegalese President Bassirou Diomaye Faye and Gabonese transitional leader General Brice Clotaire Oligui Nguema have launched a strategic partnership aimed at overhauling traditional…

Africa News Now May 5, 2025

ANN West Africa

Mali Blocks Protest as Tensions Rise Over Proposed Party Ban and Military-Led Transition

Malian security forces blocked a major protest in Bamako over the weekend, as civil society groups and opposition parties voiced outrage at controversial proposals to dissolve political parties and extend…

Africa News Now May 5, 2025

ANN West Africa

Mahama Penalizes Asset Declaration Defaulters, Redirects Salaries to Health Fund

President John Dramani Mahama has ordered that all government officials who failed to meet the 31 March asset declaration deadline will forfeit three months’ salary, with the funds redirected to…

Africa News Now May 5, 2025

ANN West Africa

President Boakai Relaunches Liberia’s Foreign Service Institute, Pledges Diplomatic Revival

Liberian President Joseph Boakai has pledged a renewed commitment to global diplomacy and national development, marking the occasion with the relaunch of the Gabriel Dennis Foreign Service Institute in Monrovia.…

Africa News Now May 5, 2025

ANN Northern Africa

Eight Migrants Dead, 29 Rescued After Boat Sinks Off Tunisia’s Coast Amid Growing Migration Crisis

Tunisia’s coast guard recovered the bodies of eight African migrants and rescued 29 survivors after their boat capsized off the coast near Abwabed, close to the city of Sfax, a…

Africa News Now April 29, 2025

ANN Central Africa

Chad and Cameroon Inaugurate $150 Million Bongor-Yagoua Bridge to Boost Regional Trade and Integration

On April 27, 2025, Chad and Cameroon officially commissioned a new 600-meter cross-border bridge linking the cities of Bongor (Chad) and Yagoua (Cameroon), in a landmark infrastructure development aimed at…

Africa News Now April 29, 2025

ANN West Africa

Senegal’s Diomaye Président Coalition Hails Court’s Rejection of Amnesty Law as Win for Democracy

The Diomaye Président coalition, which backed Bassirou Diomaye Faye’s successful 2024 presidential campaign, has welcomed the Senegalese Constitutional Council’s rejection of a controversial interpretative amnesty law that critics said could…

Africa News Now April 28, 2025

African Diaspora ANN Eastern Africa

Ethiopia Nears IMF Loan Review Agreement, Eyes Summer Start for Formal Debt Talks with Bondholders

Ethiopia expects to reach a preliminary agreement with the International Monetary Fund (IMF) this week on the third review of its $3.4 billion loan program, according to State Finance Minister…

Africa News Now April 28, 2025