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Africa

Africa: IMF Isn’t Doing Enough to Support Africa – Billions Could Be Made Available Through Special Drawing Rights

[ad_1] At the 2021 UN Climate Summit, Barbados prime minister Mia Mottley called for more and better use of special drawing rights (SDRs), the International Monetary Fund's reserve asset. The special drawing right is an international reserve asset created by the IMF. It is not a currency - its value is based on a basket of five currencies, the biggest chunk of which is the US dollar, followed by the euro. It is a potential claim on the freely usable […]

todayOctober 24, 2024 2

Africa

Africa: Number of Women Killed in War Doubled in 2023 – UN Report

[ad_1] The proportion of women killed in armed conflicts doubled last year compared to 2022, accounting for 40 per cent of all deaths in war, while UN-verified cases of conflict-related sexual violence increased by 50 per cent. The findings come in the Secretary-General's latest annual report on women, peace, and security. The rise in death and violence is "taking place against a backdrop of increasing blatant disregard of international law designed to protect women and children during war," according to […]

todayOctober 24, 2024 1

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Africa

Dar es Salaam to Dodoma link is East Africa’s first electric train

[ad_1] Basillioh Rukanga / BBCShaped and coloured like the country’s rare gemstone, tanzanite, the sparkling new railway terminal in Dar es Salaam is a symbol of Tanzania’s transport ambitions.The glass panels gleam in the sun, like an outsize version of the prismatic bluish-purple gem that glitters in the light.The trains – powered by electricity, a first for the region – carry passengers from the commercial hub to the capital, Dodoma, […]

todayOctober 24, 2024 1

Africa

Africa: Angola Proposes Integrated Energy Action Plan for Africa

[ad_1] Washington — The Angolan Government advocates that the World Bank (WB) develop an Integrated Electricity Action Plan for Africa, over a period of five years (2025-2029), with a view to reducing the energy deficit that the continent faces. According to the minister of Planning and governor of Angola at the World Bank, Victor Hugo Guilherme, "it is particularly urgent that this plan be developed, because current data indicate that more than 600 million Africans do not have access to […]

todayOctober 24, 2024 1

News

Nigeria: FG Scraps Ministry of Sports Development, National Sports Commission Reinstated

[ad_1] This decision was made at Wednesday's Federal Executive Council meeting in Abuja President Bola Tinubu's administration has scrapped the Ministry of Sports Development and reinstated the National Sports Commission. This decision was made at Wednesday's Federal Executive Council meeting in Abuja. The National Sports Commission, previously dissolved by the Muhammadu Buhari government in 2015, will now oversee sports development in Nigeria. Established in 1971, The Commission has a rich history, dating back to 1910 with the creation of the […]

todayOctober 24, 2024 2

Entertainment

Africa: Idris Elba to Build Film Studios in Africa, Says Move is ‘Going to Happen’

[ad_1] Idris Elba has announced plans to relocate to Africa within the next decade, to fuel the growth of the continent's booming film industry. "I would certainly consider settling down here; not even consider – it's going to happen," he told BBC. "I think [I'll move] in the next five, 10 years, God willing. I'm here to bolster the film industry - that is a 10-year process - I won't be able to do that from overseas. I need to be […]

todayOctober 24, 2024 2

News

Nigeria: NPFL – Rivers Utd Win At Tornadoes to Open Two-Point Gap At the Top

[ad_1] Former Champions, Rivers United have opened a two-point gap in the race for this year's Nigeria Premier Football League (NPFL) after a lone-goal win away at Niger Tornadoes in Minna on Monday evening. The feat has given the former champions the chance to upstage Remo Stars at the top of the log and also remain the only side yet to taste defeat in the ongoing season. After a goalless first half, Seiyefa Jackson scored the only goal of the […]

todayOctober 24, 2024 2

News

Nigeria: Transcorp Hotels Reports 67 Percent in Revenue Growth to N48.49bn

[ad_1] Transcorp Hotels Plc, yesterday on the Nigerian Exchange Limited (NGX) announced its third quarter (Q3) ended September 2024 unaudited result and accounts with a strong performance from top to bottom. The hospitality subsidiary of Transcorp Group announced N48.49 billion revenue in Q3 2024, about 67 per cent increase from N28.97 billion in Q3 2023. The remarkable revenue growth is fueled by strategic pricing initiatives and robust sales efforts across all business segments, with a particular emphasis on the targeted […]

todayOctober 24, 2024 3

Entertainment

Nigeria: How Nigerian Army Forced Me Into Music – Kollington Ayinla

[ad_1] The legendary Fuji Musician, Kolawole Rasaq Ilori, popularly known as General Kollington Ayinla, has described how the Nigerian Army forced him into music. He disclosed this in Ilorin, Kwara State, in the build up to the release of his new album titled, "Anu-Nla", scheduled for Lagos, in November. According to the ex-soldier turned musician, after his enlistment into the Army, "A senior officer called us out. I was so scared and confused because I thought we were going to […]

todayOctober 24, 2024 1

Entertainment

Nigeria: Miss Nollywood Moves to Patch 64,000 Potholes in States

[ad_1] Miss Hassana Ozohu-Salisu, the 2024 Miss Nollywood International Beauty Pageant is to embark on patching 64, 000 potholes in the 36 states of the federation. Ozohu-Salihu disclosed this during an interaction with members of the correspondents' chapel of the Nigeria Union of Journalists, Kogi Chapter, in Lokoja on Monday. "As a beauty queen, I am worried and concerned over the number of accidents and lives lost due to potholes on roads across the country. "This is why Nollywood International, […]

todayOctober 24, 2024 2

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