Switzerland bans import of Sudanese gold over war-financing concerns

Switzerland will ban the purchase, import and transit of gold originating from Sudan as part of efforts to curb revenue reportedly financing the country’s WAR. The Swiss Government said measures would take effect on Thursday, 10 September 2026. The restrictions also prohibit related services and financial assistance, as well as the sale or supply to […]

IMF revises Sub-Saharan countries’ 2019-2020 growth forecasts

The International Monetary Fund (IMF) in a report released on Wednesday announced that the economy of Sub-Saharan countries should rise this year. In its World Economic Outlook Update, titled ‘A Weakening Global Expansion’, the Washington-based Fund indicated that economic growth in Sub-Saharan Africa should pick up in 2019, forecasting a 3.5 per cent growth for […]

Nigeria prepares to kick off works to build West Africa gas pipeline

Nigeria’s federal government prepares to launch works to build a pipeline that will channel gas to Morocco through a combined offshore and onshore track. The announcement was made by senior official at the Nigerian National Petroleum Corporation (NNPC), Yusuf Usman, during an interview with local NewsDirect newspaper. Feasibility studies have been completed and Nigeria is […]