world-bank

Malian opposition leader kidnapped ahead of general elections

In an unprecedented first for a Malian politician of his rank, unidentified gunmen kidnapped the leading opposition figure Soumaila Cisse and his team on Wednesday, March 25 afternoon, his party said. The Union for the Republic and Democracy (URD) party sounded the alarm later on Wednesday after Cisse failed to turn up to an appointment […]

UK to cut import taxes on 99% of goods imported from Africa

The United Kingdom is to cut import taxes on hundreds more products from some of the world’s poorest countries, which is a part of its wider push to use trade to “drive prosperity and help eradicate poverty”, as well as reduce dependency on aid. The Department for International Trade said Monday (15 August) the scheme […]

Where is the money? — Tanzania misused billions of covid-19 funds

After first denying the covid-19 crisis, Tanzania is now unable to account fully for aid received from abroad, as the country’s controller and auditor general has found irregularities of more than $1.6 billion in the funds allotted for the country’s Covid-19 socioeconomic recovery and response (TCRP) plan. The audit report of Tanzania’s controller and auditor […]