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IFC Capitalization Fund and Africa Capitalization Fund will invest up to $10 million in equity in NBS Bank, Malawi’s third largest bank in terms of loans and deposits, to support its capital base and help it increase lending to small and medium enterprises, including those in the agriculture...

The nutritional state of children under five years of age in central and southern Somalia is a cause for great alarm. Levels of malnutrition have reached a new peak and are currently the highest in the world, said the International Committee of the Red Cross (ICRC) today. In some parts of Somalia,...

The UN High Commissioner for Human Rights Navi Pillay will open the first ever UN human rights office in a Mediterranean North African country on Thursday. Pillay, who is undertaking a two-day visit to Tunisia from13-14 July, will sign a “host country agreement” with Minister of Foreign Affairs...

Egypt's ex-president Hosni Mubarak has been placed in detention for 15 days, prosecutors said Wednesday shortly after state media reported his two sons had also been detained. In a statement on the public prosecutor's Facebook page, a spokesman said the prosecutor Abdel Maguid Mahmoud...

The young man in civilian clothes didn't have the right answers for troops loyal to Alassane Ouattara and they suspected he was a fighter backing his rival for the presidency. So one of the soldiers kicked the man in the teeth. Fifteen minutes later, an Associated Press reporter saw his...

United States President Barack Obama called his Ivory Coast counterpart Alassane Ouattara on Tuesday to congratulate him on taking power and called for justice for the victims of a bloody political crisis. “President Obama called President Alassane Ouattara today to congratulate him on...

Ivory Coast's former president Laurent Gbagbo, arrested on Monday, has been placed under house arrest, President Alassane Ouattara's government announced late on Tuesday - without saying where. In a statement, Justice Minister Jeannot Ahoussou-Kouadio recalled how the former strongman had...

Ivory Coast strongman Laurent Gbagbo has been arrested by forces loyal to the country's recognized leader, Alassane Ouattara. A spokesman for the French Embassy in the African nation said Gbagbo, who had been holed up in his compound since last week, was apprehended by opposition troops on...

The African Union Ad-hoc High Level Committee on Libya's visit to that country was a “huge success”, President Jacob Zuma said on Monday. Zuma has returned from his visit to Libya and Mauritania, undertaken as part of the AU committee aimed at working towards a peaceful solution to the...

A big majority of Egyptians approved amendments to the constitution in a referendum, results showed, opening the door to early elections seen as favouring Islamists and figures affiliated with the old ruling party. Decades of oppression under Hosni Mubarak crushed Egypt's political life and secular...

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