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IMF approves $1.3bn loan for debt-stressed Zambia
Zambia, the first African country to default on its debt in the COVID-19 era, has won International Monetary Fund board approval for a $1.3bn support package, an important step towards the nation restructuring its debt and a boost for the global effort to help indebted developing nations. The lending plan — an Extended Credit Facility […]
Religious Freedom: U.S. denounces Algeria’s persecution & violation of religious minorities’ rights
The U.S. government has denounced the harassment and prosecution endured by religious minorities in Algeria, which continues to be included in the U.S. special Watch List of countries engaging or tolerating severe violations of religious freedom. In its latest annual report on international religious freedom, the U.S. State Department said Algerian authorities prosecuted last year […]
Rwanda inks $200mn deal for new power plant
Symbion Power has signed an agreement with the Rwandan government for the construction of a 56 MW power plant on Lake Kivu in the Eastern African nation. The 56 MW power plant will be operational in fourteen months with a cost estimated at $200 million. The construction of the plant is part of the Rwandan […]



