Impoverished
France, African leaders push to redirect $100 billion in IMF SDR reserves by October
French President Emmanuel Macron said on Tuesday a summit in Paris on Africa financing had agreed to work towards persuading rich nations by October to reallocate $100 billion in IMF special drawing rights monetary reserves to African states. Impoverished African economies must not be left behind in the post-pandemic economic recovery and a substantial financial package is needed to provide much-needed economic stimulus, African and European leaders concluded at a summit in Paris. In the immediate term, that meant accelerating the COVID-19 vaccine rollout and creating the fiscal breathing room for African nations, which will face a spending shortfall of some $285 billion over the next two years, the summit communique showed. The communique set out a two-pronged response based on addressing...
#EndSARS: HURIWA charges President Buhari to set up assets recovery panel
Foremost rights advocacy group, the Human Rights Writers Association of Nigeria, HURIWA, has condemned what it called the silence of President Muhammadu Buhari over protests against operatives of the Special Anti-Robbery Squad, SARS, a unit of the Nigeria Police Force, in the past two weeks. The group in a statement issued by its national coordinator, Emmanuel Onwubiko, on Thursday, claimed that “certain ethno-religious extremists have been paid by some government officials to stoke the embers of ethno–religious division to graphically paint the #EndSARS movements with ethnic and religious colourations.” The statement noted that youths of the country are angry “because the elders who have had access to public offices and those wielding political powers have continuously feasted on the comm...
Five jihadists, two soldiers killed in Cameroon clash
Five rebels and two soldiers were killed early Tuesday when jihadists crossing from Nigeria attacked a military position in northern Cameroon, sources said. The overnight attack took place at Soueram, a village close to the Nigerian border in Cameroon’s Far North region, an army colonel and a local official told AFP. “Two Cameroonian soldiers were killed” in the assault, while five jihadists died in the counter-attack, the colonel said. He attributed the attack to Islamic State West Africa Province, a splinter group of Nigeria’s Boko Haram, which has led a bloody 11-year campaign against perceived western influence. An army vehicle was destroyed and the jihadists made off with a piece of heavy weaponry, he said, speaking on condition of anonymity. A local leader, who also asked not to be i...
