Category: INTERNATIONAL
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Facebook bans ‘dangerous individuals’
Facebook is banning several prominent figures it regards as “dangerous individuals”. The social network accused Alex Jones, host of right-wing conspiracy website InfoWars, its UK editor Paul Joseph Watson and ex-Breitbart News editor Milo Yiannopoulos of hate speech. Louis Farrakhan, the Nation of Islam leader who has expressed anti-Semitic views, will also be excluded. Facebook has…
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Gold worth billions smuggled out of Africa–Report
Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found. Customs data shows that the UAE imported $15.1 billion worth of gold from Africa…
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World Bank provides over $200m to help increase access to electricity in W/A
The Board of the World Bank Group approved on April 17, 2019 the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund to help the West African Development Bank and ECOWAS’…
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Amazon plans to shut online store in China
Amazon plans to shut its online store in China that allows shoppers to buy from local sellers as it downsizes operations in the country. The firm said it would no longer run the domestic marketplace from July, but Chinese shoppers will still be able to order goods from Amazon’s global store. It will also continue…
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We-Fi calls for Public, Private Sector support for women entrepreneurs
Heads of state, ministers, leaders of multilateral development banks, private sector executives, women entrepreneurs, and contributing governments of the Women Entrepreneurs Finance Initiative (We-Fi) convened at the first We-Fi Regional Summit to discuss concrete ways to strengthen support for women-led small and medium-sized enterprises (SMEs) in West Africa. Attended by more than 400 public and…
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Ivory Coast destroys ‘dangerous’ rice rejected by Ghana
About 18,000 tonnes of rice declared unfit for consumption has been destroyed by authorities in West African Country, Ivory Coast. BBC reports that the said rice from Myanmar (also known as Burma) had been rejected by countries including Ghana. “The shipment of rice, from Myanmar (also known as Burma), had been refused entry at several West African…
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American Airlines extends Boeing 737 Max flight cancellations
American Airlines is extending the cancellation of its Boeing 737 Max 8 flights from June until mid-August. The move is to “provide confidence” to customers during the peak summer travel season, the airline said in a letter. Last month, 737 Max aircraft were grounded worldwide following fatal crashes involving Ethiopian Airlines and Indonesia’s Lion Air.…
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GRA to confiscate ECOWAS vehicles for exceeding 90 day entry period
The Customs Division of the Ghana Revenue Authority(GRA) has stated that it will start confiscating vehicles from the ECOWAS region that stay in the country for more than 90 days without legal permission. This the Customs Division says it will do through the full implementation of Article 5 of the ECOWAS Protocol on the Free…
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IMF cuts Sub-Saharan Africa’s 2019 growth forecast to 3.5 percent
The International Monetary Fund cut its 2019 economic growth projection for sub-Saharan Africa this year to 3.5 percent, from 3.8 percent set last October, hot on the heels of a downgrade by the World Bank earlier in the week. The new forecast reflects downward revisions for Angola and Nigeria with a softening in oil prices,…
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Sub-Saharan economic growth recovery to take longer – World Bank
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The World Bank has cut its growth forecast for Sub-Saharan Africa this year to 2.8 percent from an initial 3.3 percent, it said on Monday. The commodity price slump of 2015 cut short a decade of rapid growth for the region, and the bank said growth would take longer to recover as a decline in…