Addis Ababa, Ethiopia | XINHUA | The impacts of the ongoing COVID-19 pandemic on the African continent could be long-lasting, a senior African Union (AU) Commission official stressed on Wednesday. “The consequences of the pandemic could be long-lasting,” an AU statement issued on Wednesday quoted Smail Chergui, AU Commissioner for …
Read More »IMF forecasts modest narrowing in current account imbalances in 2020
Washington, US | XINHUA | Global current account surpluses and deficits narrowed in 2019, and the COVID-19 pandemic could narrow the imbalances further in 2020, the International Monetary Fund (IMF) said in its annual External Sector Report released on Tuesday. In 2019, the global current account balance, the absolute sum …
Read More »Trump says U.S. COVID-19 pandemic under control even as death toll rises
Washington, US | XINHUA | U.S. President Donald Trump said the coronavirus pandemic is as well-controlled in the United States as it can be, despite the fact that over 155,000 American people have died amid rising infections, according to media reports. In a recent interview with U.S. news website AXIOS, …
Read More »Sudan rejects Ethiopian proposal on filling, operation of Nile dam
Khartoum, Sudan | XINHUA | Sudan on Tuesday announced its rejection of an Ethiopian proposal regarding the filling and operation of the Grand Ethiopian Renaissance Dam (GERD), said Sudan’s Irrigation and Water Resources Ministry in a statement. Sudan rejected the Ethiopian proposal as it stipulates that an agreement should only …
Read More »UBA provides $200 Million for Nigeria’s Petroleum Industry
Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, United Bank for Africa Plc, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, …
Read More »New vaccine design strategy holds promise for COVID-19: study
San Francisco, US | XINHUA | A team of researchers has developed a new vaccine design strategy that could confer improved immunity against certain viruses, including those that cause AIDS, the flu, and COVID-19, according to a report released by the University of Washington Medicine (UW Medicine) on Tuesday. Using this …
Read More »Biden ahead of Trump over two-to-one margin in California: poll
San Francisco, US | XINHUA | As the United States struggles with the COVID-19 pandemic and widespread protests against racism, U.S. President Donald Trump’s support among California voters is eroding even in conservative areas of the state, according to a new poll released Tuesday by the Institute of Governmental Studies (IGS) …
Read More »About 41 mln people food insecure in E. Africa amid COVID-19 pandemic: UN
Addis Ababa, Ethiopia | XINHUA | The number of food insecure people in East Africa is estimated to increase this year to more than 41 million as a result of COVID-19, including 14 million who are estimated to live in urban areas, two United Nations agencies warned. The announcement was …
Read More »Anti-corruption agencies fueling confusion- Museveni
Kampala, Uganda | THE INDEPENDENT | The creation of various anti-corruption agencies has fueled confusion instead of helping to end the vice, President Yoweri Museveni has revealed. He disclosed this in a televised address from Entebbe State House on Wednesday afternoon. Museveni said government agencies have been infiltrated by bad …
Read More »Teso MPs threaten legal action against landlords who protested creation of Soroti city
Soroti, Uganda | THE INDEPENDENT | A section of Members of Parliament from Teso sub region are considering litigation against landlords who petitioned the Ministry of Local Government against the creation of Soroti city. Last week, Soroti landlords petitioned Minister of Local Government Raphael Magezi to delay the creation of …
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