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Paris Club creditors agree to cancel $1.4 billion of Somali debt
The Paris Club of creditor nations agreed on Tuesday to restructure Somalia’s debt, including immediately canceling...
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Ethiopia postpones August election due to coronavirus
Ethiopia has postponed parliamentary elections scheduled for August due to the coronavirus outbreak, the electoral board...
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UN’s Antonio Guterres: “In the face of the pandemic, a moratorium on African debt is necessary”.
The world is facing a crisis of the likes not seen since 1945 and the creation...
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Zimbabwe, Nigeria adopt cash-transfers to most vulnerable
The Zimbabwean government on Monday (March 30) reported that it had budgeted over $600 million to...
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J&J, Moderna sign deals with U.S. to produce huge quantity of possible coronavirus vaccines
The U.S. government has cut deals with Johnson & Johnson (JNJ.N) and Moderna Inc (MRNA.O) and...
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Nigeria: Lagos braces for two-week coronavirus lockdown
Nigerian President Muhammadu Buhari’s announcement imposing a 14-day lockdown on sub-Saharan Africa’s biggest city triggered a...
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International Tourist Arrivals Could Fall By 20-30% In 2020
An expected fall of between 20-30% could translate into a decline in international tourism receipts (exports) of...
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Zimbabwe brings back foreign currencies ahead of coronavirus lockdown
Zimbabwe legalized the use of foreign currencies in domestic transactions on Sunday, less than a year...
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Drop in China’s new coronavirus cases; none in Wuhan for sixth day
China reported a drop in new coronavirus infections for a fourth day as drastic curbs on...
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Ethiopia pardons more than 4,000 prisoners to help prevent coronavirus spread
Ethiopian President Sahle-Work Zewde has granted pardon to more than 4,000 prisoners in an effort to...
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