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Tunisia rules out plans to host military bases
Tunisia’s Defense Minister Thursday underlined the North African country’s unwillingness to host a military base of any foreign country following recent reports that US military command for Africa, AFRICOM, will deploy a military brigade in Tunisia. “Tunisia refuses to use its lands to conduct military operations or to establish foreign military units or bases,” Imed […]
Burundi secures $271m loan facility from IMF to support economic reforms
The International Monetary Fund’s executive board has rubber-stamped a $271 million Extended Credit Facility meant to address the country’s protracted balance of payments needs, rebuild external buffers and support the government’s reform agenda. The Washington-based financial bilateral lender will disburse $62.6 million immediately. The loan is Burundi’s first Upper Credit Tranche-quality arrangement with the IMF […]
Dangote retains title of ‘Africa’s Richest Man’
Nigerian business mogul Alhaji Aliko Dangote has maintained his spot as Africa’s richest man according to Forbes Magazine. Dangote is ranked by Forbes magazine as the 100th-richest person in the world and the richest in Africa. The Nigerian cement guru was also peaked on the list as 66th most powerful man in the world in […]



