World Bank To Invest $510m In Lake Chad Basin

In a bid to revamp economic activities in the Lake Chad area, World Bank is willing to invest $510m, in three tranches, in the Lad Chad Basin to address insecurity, desertification, and humanitarian challenges, among others. According to Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed Shamsuna, who made the disclosure on Sunday, 20th October 2019 in Washington DC at a press briefing on the sidelines of the 2019 World Bank/IMF meetings.

Cost Of Electricity Rises By 320% In Zimbabwe

Zimbabweans may be experiencing bad days as the Zimbabwe Energy Regulatory Authority (ZERA) said it had approved an application by Zimbabwe Electricity Transmission and Distribution Company (ZETDC) to raise the tariff to 162.16 cents ($0.11) from 38.61 cents.

Xenophobia: Another Nigerian Lynched In South Africa

Despite sending an envoy and a follow-up trip to South Africa by President Muhammadu Buhari in a wake of Xenophobia that has made Nigerians more of an endangered species in the hand of their host country, the Nigerian community in South Africa has confirmed the killing of one of its members, Ikenna Otugo.

Ethiopian Prime Minister Abiy Ahmed Wins A Peace Prize Nobel

Ethiopian Prime Minister, Abiy Ahmed has on Friday won a Nobel Peace Prize being the bookmakers' favorite. Ahmed's efforts towards resolving a two-decade-long hostility between his country and Eritrea was the brain behind his international recognition.

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