South Sudan Central Bank Lowers Interest Rates in Response to COVID-19

South Sudan’s central bank took steps Wednesday to bolster the economy amid the COVID-19 lockdown, but an analyst warned the economy will only improve after the government restores peace and security. The COVID-19 disease is caused by the coronavirus. The central bank lowered interest rates from 13% to 10%  and lowered the cash reserve ratio from 15% […]

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US, Kenya Officially Launch Trade Talks

The United States and Kenya formally launched negotiations Wednesday on a bilateral trade deal, which the countries hope could be replicated across Africa. “Under President [Donald] Trump’s leadership, we look forward to negotiating and concluding a comprehensive, high-standard agreement with Kenya that can serve as a model for additional agreements across Africa,” said U.S. Ambassador […]

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African Development Bank: ‘No Decision’ Yet on Demands for Probe

The African Development Bank (AfDB) on Thursday said “no decision” had been taken regarding a U.S. push for an outside probe into its chief, accused by whistleblowers of ethics breaches. U.S. Treasury Secretary Steven Mnuchin says Washington is dissatisfied with the outcome of an internal inquiry that has exonerated AfDB chief Akinwumi Adesina. The chair […]

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African Countries Should Reopen Economies Gradually, Once Data Shows It’s Safe, Experts Say

The World Health Organization, the Africa Centers for Disease Control and Prevention, and the World Economic Forum have issued guidelines for African countries looking to reopen their economies after weeks of lockdown due to the coronavirus.  Health authorities are concerned that opening up too quickly could trigger a fresh wave of COVID-19 cases on the […]

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Being a Journalist is Risky Business in Somalia

Journalists in Somalia routinely face many difficulties but this year, under the stress of the spread of COVID-19, they say feel even more threatened by intimidation and arrest by what they call hostile leaders. Cautiously celebrating World Press Freedom Day, a number of Somali journalists and journalists’ rights activists shared their experiences with the VOA […]

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Russia Cuts Off Wheat, Other Grain Exports

The Russian Agriculture Ministry announced Sunday that it was suspending its export of most grains until July 1, seemingly ignoring warnings from international organizations who are asking countries not to disrupt global food supply chains during the current COVID-19 pandemic. The ministry said the Russian cutoff affected shipments of wheat, corn, rye, barley and meslin, […]

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