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African Development Bank set to launch game-changing refinancing tool

African nations struggling with mounting international debt are about to get a lifeline. The African Development Bank’s new refinancing facility isn’t just another bureaucratic solution – it’s potentially a financial game-changer for the continent. The initiative, dubbed The African Financial Stability Mechanism, stands ready for launch after clearing its final hurdles. All that’s needed now […]

South African court withdraws lawsuit against 95 Libyans arrested in illegal military camp

The South African White River Court has made the decision to drop its lawsuit against the ninety-five Libyans being held at the unauthorized Mpumalanga military training camp. African media said that the court moved the Libyans’ case to the Ministry of Home Affairs for administrative handling, dropping the accusation of breaking immigration legislation. The court […]

Nigeria: Armed men abduct dozens of people during attack of train station in Edo State

A group of unidentified armed men attacked last Saturday a train station in Edo State, south of Nigeria, and kidnapped dozens of passengers, the Nigerian police announced. Chidi Nwabuzor, spokesperson for the police said in a statement that a number of passengers were also injured when gunmen, carrying Kalashnikov assault rifles, attacked the “Igueben” station, […]