LAGOS AUGUST 24TH (NEWSRANGERS)-While many African countries have turned to the International Monetary Fund (IMF) for financial support at different points, three countries stand out for never having drawn financial assistance from the institution. Botswana IMF membership: 1968 Botswana is one of the few African countries that has never received financial assistance from the IMF….
LAGOS MAY 31ST (NEWSRANGERS)-The Government of Botswana and the De Beers Group have appointed the former President of the African Development Bank (AfDB), Akinwumi Adesina, as the inaugural chairperson of the Diamonds for Development Fund. The appointment was announced in a statement by De Beers Group, which described the initiative as a major step towards…
LAGOS OCTOBER 7TH (NEWSRANGERS)-Manufacturing Company, Gilead Sciences, has announced that cheaper versions of the “gamechanger” HIV prevention drug, lenacapavir, will be made available in 120 low and middle-income countries. Currently, the drug is priced at $42,250 annually in the US under the brand name Sunlenca, but researchers believe it could be produced for as low…
LAGOS NOVEMBER 30TH (NEWSRANGERS)-The United States has restricted entry of travelers from South Africa and seven other countries as part of measures to contain the new Omicron. However, the new restriction does not ban United States citizens and lawful U.S residents. The order effective Monday, November 29, 2021, banned travelers from South Africa, Botswana, Zimbabwe,…
LAGOS MARCH 8TH (NEWSRANGERS)-A Commonwealth gathering has called for an end to gender inequality by 2030 so every girl can have the same opportunities as boys. Ahead of International Women’s Day, Commonwealth Secretary-General Patricia Scotland joined a gathering of leaders, celebrities, academics and activists in London to discuss ways to accelerate the progress. Despite decades…
LAGOS SEPTEMBER 10TH (NEWSRANGERS)-A major research firm, Forbes Africa has rated Nigeria as the 2018 best economy in Africa. It published its findings on the ten biggest economies of Africa with Nigeria topping the list. According to Forbes, Nigeria came on top with $172 billion which was followed by South Africa with $166.735 billion. Also…
LAGOS JULY 22ND (NEWSRANGERS)-Governor of Kano state Abdullahi Ganduje said three million children are out of school in his state alone, stressing the need to curb Africa’s population explosion. Speaking at Royal Institute of International Affairs, Chatham House, UK, Ganduje noted that, population explosion in Africa is a reality and education is not matching up…
