Crans Montana opening session

US Treasury Secretary to urge for ‘speedy’ action on Ghana, Zambia debt relief within G20 framework

US Treasury Secretary Janet Yellen will push this week for urgent resolution of requests by Ghana and Zambia for restructuring of their sovereign debts, as a record number of developing nations are at risk of a debt crisis, with ballooning inflation escalating borrowing costs. Yellen, who is scheduled to meet with her counterparts at this […]

Sudan: TMC nullifies agreements with protesters, sets elections in 9 months

The Transitional Military Council (TMC) Monday announced the end of all talks and nullification of all agreements signed with leaders of the revolution and declared that the country will go to polls in nine months. Leader of the TMC Lieutenant General Abdel Fattah al-Burhan said in an address the junta has ended all talks with […]

AfDB Lends Morocco Over $200 Mln for Social & Health Services

The African Development Bank approved on Wednesday a $204 million loan to Morocco to help the North African country upgrade social and medical services provided to disabled persons, poor women and children. The funding will finance the building of two hospitals in the southern cities of Guelmim and Ouarzazate, set up 144 units for special […]