BANJUL, Gambia, April 3, 2015/African Press Organization (APO)/ — The Executive Board of the International Monetary Fund (IMF) today approved emergency financial assistance under the Rapid Credit Facility (RCF) 1 in the amount equivalent to SDR7.775 million (about US$10.8 million) for The Gambia to enable the authorities to meet their urgent balance of payment and fiscal needs.The Executive Board noted the authorities’ cancellation of the Extended Credit Facility (ECF) arrangement for The Gambia that was approved on May 25, 2012 to support the government’s economic program (see Press Release No. 12/191). In addition, the Board was informed about the IMF…
Author: apofeed
WASHINGTON, April 2, 2015/African Press Organization (APO)/ — President Obama today spoke with Nigerian President Goodluck Jonathan and separately with President-Elect Muhammadu Buhari to commend them for their leadership during Nigeria’s recent election. The President applauded President Jonathan for putting Nigeria and its people before politics by conceding the election and calling on his supporters to accept the outcome peacefully. President Obama congratulated President-Elect Buhari on his victory and thanked him for repeatedly urging his supporters to help ensure the election process remained calm and peaceful. President Obama encouraged both leaders to work together to unify the country and sustain…
LONDON, United-Kingdom, April 2, 2015/African Press Organization (APO)/ — Minister for Africa James Duddridge condemns terrorist attack in Kenya and pledges continued UK support in the fight against Al Shabaab.Mr Duddridge said:“I strongly condemn the attack that took place this morning in Garissa, Kenya. I offer my condolences to the families and loved ones of those who died.“There can be no place for such senseless acts of violence in our societies. The UK will continue to stand by and support the Kenyan government in its fight against terrorism, and in its efforts to bring to justice those responsible for this…
MALABO, Equatorial Guinea, April 2, 2015/African Press Organization (APO)/ — The Ministry of Mines, Industry and Energy of Equatorial Guinea (http://www.equatorialoil.com) is pleased to announce the Ratification of Production Sharing Contract for Block EG-06 by the government of Equatorial Guinea. The contract was signed on January 16, 2015 between ExxonMobil Exploration and Production Equatorial Guinea (Offshore) Limited, GEPetrol and the Government of the Republic of Equatorial Guinea, represented by the Ministry of Mines, Industry and Energy. Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/equatoil.pngPhoto: http://www.photos.apo-opa.com/plog-content/images/apo/photos/150401e.jpg Block EG-06 is located offshore Bioko Island, immediately north of Block R (operated by Ophir Energy) and adjacent to the international…
WASHINGTON, April 2, 2015/African Press Organization (APO)/ — Press StatementJohn KerrySecretary of StateWashington, DCApril 1, 2015The United States congratulates the people of Nigeria and the Nigerian Government on historic and largely peaceful elections the weekend of March 28. We especially applaud all voters who showed patience and demonstrated their commitment to participate in the democratic process.The United States commends Nigeria’s Independent National Election Commission (INEC) and its Chairman, Attahiru Jega, on the generally orderly vote, on the use of technology such as card readers to increase the credibility and transparency of the electoral process, and on prompt communication of the…
KINSHASA, Dem. Rep. of Congo (DRC) April 1, 2015/African Press Organization (APO)/ — The Katanga Business Meeting (KBM) (http://www.katanga-bm.com), the region’s largest business meeting, is held in the DRC, a dynamic country where GDP grew by 8.3% in 2013. This event aims to offer a meeting space for small and medium-sized businesses as well as large enterprises in order to generate concrete business opportunities and promote the emergence of a versatile and complementary professional network. Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/kbm.pngPhoto: http://www.photos.apo-opa.com/plog-content/images/apo/photos/150331kbm.jpgThe KBM, organised by Musal Sarl with the support of the Government of the Province of Katanga, offers a 7000-square-metre exhibit space, made…
BERLIN, Germany, April 1, 2015/African Press Organization (APO)/ — Foreign Minister Steinmeier issued the following statement today (1 April) on the elections in Nigeria:Since last night, it has been clear that General Muhammadu Buhari is the winner of the presidential election in Nigeria. In this poll, Nigerians have sent a signal that could have an impact on the region and on Africa as a whole. For the first time in Nigeria’s history, the electorate has voted against the incumbent president and brought about a change of government democratically.I congratulate Muhammadu Buhari on his election. The Nigerian electorate has given him…
GENEVA, Switzerland, April 1, 2015/African Press Organization (APO)/ — The increasingly influential role of the financial sector, its impact on communities and their struggles toward a just financial system remained the focus of discussions in the workshops organized by the churches at the World Social Forum (WSF) in Tunis, Tunisia. The workshops were organized by the World Council of Churches (WCC) together with Secours Catholique, Association for the Taxation of Financial Transactions for the Aid of Citizens (ATTAC), Centre for Research on Multinational Corporations (SOMO) and CIDSE – an international alliance of Catholic development agencies, among other civil society groups.The…
LILONGWE, Malawi, April 1, 2015/African Press Organization (APO)/ — The Executive Director of the United Nations World Food Programme (WFP), Ertharin Cousin is making a two-day trip to Malawi from today. The visit comes as Malawi recovers from the devastating floods which have affected more than a million people and left some 600,000 in need of food assistance. While in Malawi, Cousin will travel to Mangochi district to see school feeding, meet smallholder farmers supplying schools with produce and visit a flood-affected community that is receiving WFP food assistance and participating in early recovery activities.During the visit, the WFP Executive…
WASHINGTON, April 1, 2015/African Press Organization (APO)/ — The last few days have shown the world the strength of Nigeria’s commitment to democratic principles. By turning out in large numbers and sometimes waiting all day to cast their votes, Nigerians came together to decide the future of their country peacefully.I commend President Goodluck Jonathan and President-Elect Muhammadu Buhari for their public commitments to non-violence throughout the campaign. President Jonathan has placed his country’s interests first by conceding the election and congratulating President-Elect Buhari on his victory. I look forward to working with President Jonathan throughout the remainder of his term,…