Daily Archives: May 22, 2022

African Union Chief Announces Visits to Moscow, Kyiv

Senegalese President Macky Sall said Sunday he would travel to Russia and Ukraine soon on behalf of the African Union, whose presidency he currently holds.The trip had been due to take place on May 18 but didn’t go ahead due to scheduling issues and ne…

Malawi Faces Shortages of Foreign Exchange Currency

Malawi is facing acute shortages of foreign exchange currency, forcing two international airlines to suspend some of their services in the country. The situation has negatively affected the operations of many more local and international cross-border b…

IMF extends Somalia funding to August following election

WASHINGTON— The International Monetary Fund has agreed to extend the duration of a crucial aid package to Somalia, following a long-overdue presidential election last weekend.The three-year $400m aid package from the IMF had been set to automatically e…