IMF approves disbursement of $360 mln to Ghana

The International Monetary Fund gave the greenlight for the disbursement of 360 million dollars to Ghana, after the latter reached an agreement with its creditors to restructure its debt. “The authorities’ strategy aimed at restoring macroeconomic stability and reducing debt vulnerabilities is paying off, with clear signs of stabilization emerging,” IMF Deputy Managing Director Kenji […]

Mozambique highest court upholds disputed ruling party’s election win

Mozambique’s highest court on Monday (23 December) confirmed the results of the country’s disputed presidential election, extending the ruling Frelimo party’s half-century grip on power. The Constitutional Council in Mozambique has validated Frelimo’s win of increased parliamentary majority in the October election that sparked widespread protests from opposition groups who insist the vote was rigged. […]

UNESCO deplores Turkey’s decision to change status of historic Hagia Sophia

As the Turkish President signed a decree on Friday converting the ancient Hagia Sophia in Istanbul into a mosque, the UN cultural agency (UNESCO) said that it “deeply regrets the decision” made “without prior discussion”. UNESCO had earlier in the day called on Turkey to abide by its “legal commitments and obligations” in accordance with […]