Africa’s big oil producers seek World Bank support

By Alexis Akwagyiram and Herculano Coroado LAGOS/LUANDA, Feb 1 : Nigeria and Angola, Africa’s two biggest oil producers, are both in talks with the World Bank about support to help cope with low crude prices, weakening currencies and strained public finances. Nigeria has held exploratory talks with the World Bank on borrowing to help fund […]

Save the Children faces funding gap for Ethiopian drought crisis

By Edmund Blair NAIROBI, Jan 22 : Save the Children charity said today it had raised less than a third of what it needed for its campaign to help Ethiopia cope with drought which has left 10.2 million people critically short of food. Experts say the drought is worse than the one in 1984, when […]

Anti-apartheid icon Nelson Mandela dies at 95

Johannesburg: Nelson Mandela, a global symbol of resistance against injustice who brought an end to the much-despised apartheid regime in South Africa and served as the country’s first black president, died today at his home here following a lengthy illness. He was 95. “Our beloved Nelson Rolihlahla Mandela, the founding President of our democratic nation, […]