UNICEF reports over 7 mln malnourished children under 5 in Horn of Africa

Xinhua , Tuesday 23 May 2023 The United Nations Children’s Fund (UNICEF) said on Monday that children in the Horn of Africa face an unprecedented crisis that includes hunger, displacement, water shortages, and insecurity. Over 7 million children under five continue to suffer from malnutrition, necessitating urgent nutrition aid. According to UNICEF, 1.9 million boys…

IMF approves $3bn loan to Ghana

By Rédaction Africanews with AFP The International Monetary Fund (IMF) on Wednesday approved a $3 billion loan for Ghana, a West African country in the midst of a severe economic crisis, with the first immediate disbursement of about $600 million. The programme, endorsed by the IMF board, is spread over 36 months under the Extended…

Kenyans brace for higher taxes as new finance bill targets petrol, beauty products

What do artificial nails, crypto currencies, spaghetti and social media influencers have in common? They are all being targeted by Kenya’s taxman in a raft of new proposals aimed at filling the coffers of President William Ruto’s cash-strapped government. Ruto is seeking to repair a heavily-indebted economy inherited from his predecessor Uhuru Kenyatta, who ramped…

Unlocking Africa’s debt solutions: experts champion investment in its digital economy

By Rédaction Africanews G7 leaders convene in Japan to tackle urgent global concerns including the Ukraine invasion, climate change, and food insecurity. Simultaneously, African nations prioritize economic recovery from the pandemic and debt risks, with the digital economy emerging as a pivotal driver of employment and growth, projected to dominate the global workforce by 2100….