Mounting Debt: Sao Tome Dogdes Chinese Loans,Opts for Private Sector Financing

The new São Tomé deepwater port was to be the signature project of the reestablishment of relations between China and São Tomé and Príncipe.  But the country’s debt level currently advises against the large-scale state-to-state financing initially forecast. After two years of negotiations, the project’s cost appears to have dropped, from an initial US$800 million to […]

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OXFAM :World’s Billionaires have more Wealth than 4.6 billion People

The world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet’s population, reveals a new report from Oxfam today ahead of the World Economic Forum (WEF) in Davos, Switzerland. Global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade. Oxfam […]

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Insurgency: Army Chief Reassures the Nation

Press Release-Amidst increased terror attacks ,the Chief of Army Staff, Lieutenant General Tukur Yusufu Buratai has reassured Nigerians that the Counter Insurgency operations in the North East and indeed other ongoing operations against our common enemies across the country are still on course with current indicators revealing tremendous successes across the various theatres of operation. […]

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Makinde, Amaechi Inspect Lagos-Ibadan Rail Line

The Minister of Transportation Rotimi Amaechi and Oyo State Governor Seyi Makinde on Monday inspected the Lagos-Ibadan standard gauge rail line. The Minister and the state governor were accompanied by other top officials. The assessment started from Ebute Metta to Apapa where the Federal Government hopes to decongest the traffic at the Lagos Port by […]

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Responding to Rise in Violent Extremism in the Sahel

By Pauline Le Roux Reversing the escalating violence of militant Islamist groups in the Sahel will require an enhanced security presence coupled with more sustained outreach to local communities. HIGHLIGHTS -Violent activity involving militant Islamist groups in the Sahel—primarily the Macina Liberation Front, the Islamic State in the Greater Sahara, and Ansaroul Islam—has doubled every […]

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Boko Haram: UN Condemns Attacks on Ngala

The UN Humanitarian Coordinator in Nigeria, Mr. Edward Kallon, hascondemned the destruction of humanitarian ‘accommodation andlogistics’ by non-state armed group at Ngala, Borno state. Ngala; a border community with Cameroon, was severally attacked withthe recent blowup of Gambouru Bridge by suspected insurgents. Kallon made the condemnation Monday in a statement released tojournalists in Maiduguri, the […]

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