The profits made by food billionaires in two weeks would be enough to address "the hunger crisis" in the East African region, according to a statement from humanitarian organization Oxfam released today. The non-governmental organization said the food crisis in East African countries - where millions of people are facing an "alarming" situation of hunger and...
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AfDB approves $175 million facility for financing in Africa
The African Development Bank (ADB) has approved a regional trade finance facility of US$175 million for the Eastern and Southern Africa Trade and Development Bank, the bank said in a statement on Thursday. In a statement quoted by Lusa, the institution said that together, "the two institutions will provide an amount of 350...