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South Africa commits to mobilise funds for SAA rescue

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South Africa’s government has committed to secure funds for the overhaul of struggling state-owned South African Airways (SAA), the public enterprises and finance ministries...

Seizure of suspect funds in Sudan ordered – claim

Sudan’s ruling Transitional Military Council ordered the central bank to review financial transfers since April 1 and seize “suspect” funds, state news agency SUNA...

Nigeria to probe lack of funds for Delta militant amnesty

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Nigeria's lower house of parliament launched a probe into a lack of funding for an amnesty programme for militants in the country's...

Nigerian lawmakers to probed funds used for people fleeing Boko Haram

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The use of Nigerian government funds earmarked for assisting displaced people who are living in desperate conditions in the former stronghold of...

Liberia downs shutters on Red Cross as Ebola spending inquest goes...

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Police shuttered the offices of the Liberian branch of the Red Cross on Thursday days after the president dismissed its board of...

Lack of Public Works maintenance costing the SANDF millions

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A long history of dissatisfaction about the lack of priority given to maintenance of military bases and facilities by the Department of...

Short-term climate funds on track, doubts over future

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Rich nations are on track to deliver on their promise to supply US$30 billion in short-term climate financing by the end of...

South Africa’s Gordhan hopes Europe will raise bail-out fund

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South Africa hopes Europe will increase its bail-out fund and reassure global markets about resolving its deepening debt crisis that has led...

Egypt says IMF options open, has not asked for funds

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Egypt is open to IMF funding but the country has not made any formal request for aid after turning down a financing...

Geldof’s Africa private equity fund nears $200 mln

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Bob Geldof, the former Boomtown Rats singer and Live Aid front man, said a private equity fund he agreed to front last...

Britain to ban militant Somali Islamist group

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Britain will outlaw al Shabaab a Somali-based Islamist militant group which recently pledged allegiance to al Qaeda preventing it operating or seeking...

Senegal proposes African state for Haitians

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Senegal's leader proposed the creation of a new African state to resettle Haitians left homeless by an earthquake, comparing the idea to...

More funds needed for TB tests, drugs, vaccines

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Health experts yesterday called for more research funding to develop better diagnostic tests, vaccines and drugs for tuberculosis, which killed 1.8 million...

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