AfDB Approves $10m Loan To Boost Fund’s Portfolio In Africa

AfDB Approves $10m Loan To Boost Fund’s Portfolio In Africa

The Board of African Development Bank (AfDB) has approved a 10-million dollar loan for African Local Currency Bond Fund (ALCBF) to boost its portfolio in Africa. Mrs Olivia Ndong-Obiang, the Principal Communications Officer in AfDB, disclosed this in a statement in Abuja on Tuesday. She said that the ALCBF was also approved by the Bank to promote the development of domestic capital markets in Africa and had a tenor of seven years with a two-year…

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Gunmen kill officer, free militant in Kashmir hospital raid

Gunmen kill officer, free militant in Kashmir hospital raid

Indian paramilitary troops stand guard at a hospital in Srinagar on February 6, 2018. Two gunmen opened fire on February 6 in a hospital in India-administered Kashmir where a Pakistani militant was brought for treatment, an official said, escaping with the high-profile prisoner and killing a police officer in the daring assault. A manhunt is underway after the assailants stormed the Shri Maharaja Hari Singh Hospital in Srinagar and opened fire on police guarding Naveed…

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$2.20bn arms deal: Zuma asks prosecutors to drop graft charges

$2.20bn arms deal: Zuma asks prosecutors to drop graft charges

South African President Jacob Zuma arrives to attend the Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU) during the 30th annual AU summit in Addis Ababa on January 29, 2018. / AFP PHOTO / SIMON MAINA South Africa’s National Prosecuting Authority (NPA) said on Thursday it had received arguments from President Jacob Zuma on why he should not be prosecuted for corruption. The NPA said it received…

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Cold Murder

Indian journalist shot dead outside Bangalore home By Manveena Suri, CNN Updated 0949 GMT (1749 HKT) September 6, 2017 Indian protesters take part in a rally condemning the killing of journalist Gauri Lankesh in Bangalore on September 6, 2017. New Delhi (CNN)A prominent Indian journalist and activist has been shot dead in the southern state of Karnataka. The body of Gauri Lankesh, 55, was found lying in a pool of blood on the porch at…

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US cop filmed saying: ‘We only kill black people’

US cop filmed saying: ‘We only kill black people’

The officer is assigned to administrative duties after dashcam footage reveals he made the remark last year. A US police officer has been filmed on his own dashcam telling a white driver not to worry because “we only kill black people”. The footage shows officer Greg Abbott pulling over a woman in Georgia. She tells him she is frightened to move her hands because she has “seen too many videos” featuring police brutality. The officer…

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Smoke and explosion reported in flood-hit Texas chemical plant

Smoke and explosion reported in flood-hit Texas chemical plant

An explosion and smoke have been reported at the flood-hit Arkema SA chemical plant in Crosby, Texas. Two explosions and plumes of black smoke were reported Thursday morning at the flooded Arkema peroxide plant in Crosby, Texas, plant officials said. A deputy was taken to the hospital after he inhaled fumes from the plant, the Harris County sheriff’s office tweeted. Nine others drove themselves to the hospital as a precaution, the sheriff’s office said. The…

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Toddlers among six killed as monsoon lashes Mumbai

Toddlers among six killed as monsoon  lashes Mumbai

Torrential monsoon rains have brought Mumbai to a halt – destroying homes and leaving thousands of people stranded. Police say a woman and two toddlers were killed after houses collapsed in the Indian city’s suburbs, while three other people died after being swept away by floodwater. Commuters in the city of 20 million waded through swirling waist-high waters after the financial hub’s transport network was paralysed – with trains cancelled and bus services suspended. Footage…

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Storm Harvey: family of 6 found dead in van

Storm Harvey: family of 6 found dead in van

Relatives are said to be “devastated” after police confirm the deaths of four children and their great-grandparents in flooding. Police say they have recovered the bodies of six family members whose van was swept off a Houston bridge during Storm Harvey. The van was carrying the Saldivar family when it was overtaken by violent flood waters near Greens Bayou on Sunday. Driver Samuel Saldivar escaped through a window but was unable to rescue the other…

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Louisiana braced for floods as Storm Harvey makes landfall for second time

Louisiana braced for floods as Storm Harvey makes landfall for second time

Tropical Storm Harvey has made landfall for a second time, bringing heavy rain to Louisiana after causing catastrophic flooding in Texas. The storm has killed at least 18 people and forced tens of thousands to leave their deluged homes in Houston and other parts of Texas. Although the weather system has weakened considerably, the National Hurricane Centre has warned “flooding rains” will drench southwestern parts of Louisiana. It is bringing maximum sustained winds of 45mph…

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Storm Harvey: 18 dead and over 13,000 rescued

Storm Harvey: 18 dead and over 13,000 rescued

At least 18 people have died and 13,000 more have been rescued as Tropical Storm Harvey dumps record rainfall in and around Houston. As thousands of people fled their deluged homes, Houston’s mayor, Sylvester Turner, imposed a curfew amid reports of looting and armed robberies. Officials say they have received disturbing reports of people impersonating Homeland Security special agents and telling residents to evacuate in order to rob their homes. The heaviest tropical downpour in…

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