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Facebook takes on Zoom with new video features

Facebook has a long history of expanding its features to emulate major competitors. Now it's taking on platform-of-the-moment Zoom (ZM). The tech giant is creating a new video...

Mozambique secures $309 million funding from IMF for Covid-19

The International Monetary Fund (IMF) said on Friday it has approved a disbursement of $309 million to help Mozambique meet urgent balance of payment...

265 million people globally facing looming hunger due to covid-19

The United Nations’ World Food Programme (WFP) has said that 265 million people are facing acute food insecurity this year due to COVID-19 pandemic.WFP...

Kagame warns Africa’s recovering from ‘Covid-19 shock’ could take generations

The President of Rwanda Paul Kagame has said that Africa might require a generation or more to fully recover from the shocks of the...

G20 freezes debt for world’s poorest countries

Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world’s poorest countries from May...

19 African countries secure debt relief from the IMF

The International Monetary Fund has granted immediate debt relief to 19 African countries and six other nations to help deal with the coronavirus pandemic.The...

AU appoints envoys for covid-19 economic support mobilization

The Chairperson of the African Union, Cyril Ramaphosa has appointed four persons tasked with mobilizing international support for Africa's efforts at addressing economic challenges...

Sudan says it needs $120 million to fight coronavirus

Sudan urgently needs $120 million to fight the new coronavirus, the country’s health minister told Reuters on Saturday, amid a shortage of the equipment...

AfDB chief accused of multiple violations, but denies charges

The head of the African Development Bank, Akinwumi Adesina, has been accused by bank staff of multiple abuses and breaches of the bank's code...

China must step up on Africa debt relief – Ghana’s finance minister

China must do more to help ease the debt burden of African countries facing economic calamity from the coronavirus pandemic, Ghana’s finance minister said.Africa...

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