2stv

DRC: M23 rebels seize eastern town as armed conflict enters alarming new phase

At least 15 people were killed and thousands displaced as the M23 rebel group on Wednesday (6 March) seized a town in eastern Democratic Republic of Congo (DRC) from government forces amid escalating violence in the country’s conflict-hit region. As the tutsi-led ‘March 23 Movement’ (M23) rebels took over the town of Nyanzale in eastern […]

Tunisia Continues to Suffer Macroeconomic Vulnerabilities – IMF

Tunisia continues to face elevated macroeconomic vulnerabilities and high unemployment, said the IMF Executive Board after completing the second review under the Extended Fund Facility (EFF) Arrangement. In 2017, Tunisian economy made a modest recovery. The country’s debt has “continued to increase, inflation has accelerated, and international reserve cover is now less than three months […]

US urged to renew AGOA in order not to ‘lose economic ground’ in Africa to China

The United States is “missing an incredible window of opportunity” in Africa, a senior executive in US company told the US Senate Committee on Finance, urging a “quick renewal” of the African Growth and Opportunity Act (AGOA) that will have the largest impact on the US business interests on the African continent. SanMar Corporation’s general […]