Business Africa
Six months of debt relief has been granted to 25 countries considered the poorest in the world by the International Monetary Fund.
The institution will then redirect these funds towards the fight against the coronavirus pandemic.
19 of the 25 are African countries chosen based on an extreme poverty and vulnerability ranking.
Oil prices, virus, instability put Algeria on edge
The Organization of Petroleum Exporting Countries (OPEC) has agreed to reduce production by 9.7 million barrels per day over the next two months.
This will strengthen oil prices after a historic fall caused by a drop in demand due to the coronavirus crisis.
A measure that will affect countries like Algeria, “on the brink of financial collapse”, and heavily reliant on the hydrocarbon market
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UN reports widening global inequality in sexual and reproductive health and rights
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South Africa inflation eases in March
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Pics of the day: April 16, 2024
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Ghana still striving to reach debt deal with bondholders
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UK man runs the length of Africa in 10,000 miles and 352 days
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British man running length of Africa nears finish line