By Abdulfatah Babatunde The African Development Bank (AfDB) has appointed Dr Eric Kehinde Ogunleye, a seasoned macroeconomist, as Director of the African Development Institute, effective June 1, 2024. Ogunleye, a Nigerian national, has nearly 20 years of experience in macro and development economics, capacity development and public governance. The new director has experience in regulatory […]
Tesla shareholders gave a big thumbs-up to CEO Elon Musk’s controversial $56 billion pay package, the company said on Thursday. This is paving the way for the mogul to keep his focus on his biggest source of wealth. Shareholders also approved a proposal to move the company’s legal home to Texas from Delaware. Tesla announced this […]
The three-day 2024 Group of Seven (G7) summit kicked off Thursday in Borgo Egnazia, a resort near Fasano town in southern Italy, amid protests. The crises in Ukraine, the Middle East and the relations with the Global South top the summit’s agenda. Management of artificial intelligence (AI), issues facing Africa and climate change are also […]
Ukrainians heard powerful explosions in the Capital, Kyiv and other cities across the country in the early hours of Wednesday. This is as Russia launched an attack with missiles and drones, Ukrainian authorities and media outlets reported. Russian forces fired 24 Shahed combat drones, four cruise missiles from Tu-95MC bombers and an aeroballistic missile Kinzhal. […]
Russia’s Ministry of Agriculture said Tuesday the country’s grain exporters will shift their focus to key markets in the Middle East and North Africa. The country also plans to strengthen relationships with India and China. Russian Agriculture Minister, Oksana Lut, held a meeting with grain exporters. The meeting unanimously agreed that Turkey’s import refusal would […]
The life expectancy at birth for Singapore residents was 83.0 years last year, up 0.6 years from 2013, according to data released by the Department of Statistics Thursday. The male and female life expectancies at birth were 80.7 years and 85.2 years, respectively, in 2023 in the city-state. The life expectancy for Singaporeans aged 65 […]
Eight people have died, and 114 others hospitalised after drinking homemade liquor adulterated with methanol in Morocco, the official news agency MAP reported. The incident occurred in Sidi Allal El Tazi town in the Kenitra province, the report said. It cited the Regional Directorate of Health and Social Protection in Rabat-Sale-Kenitra. At least 114 people […]
Moroccan police seized more than four tons of cannabis resin in an operation in Casablanca, on Sunday, Morocco’s General Directorate of National Security said in a statement. Authorities seized the drugs during a routine vehicle inspection at the city’s entrance, Moroccan online news website ‘Hespress’ reported, citing an anonymous security source. The source revealed that […]
Ukrainian President Volodymyr Zelenskyy, on Sunday, accused China of helping Russia to disrupt an upcoming Swiss-organised peace conference on the war in Ukraine. At Asia’s premier security conference, Zelenskyy said that China is pressuring other countries and their leaders not to attend the upcoming talks. He did not say which ones. “Russia, using Chinese influence in […]
One South African soldier died and 13 others sustained injuries in fighting against rebels on Thursday in the eastern Democratic Republic of the Congo (DRC), on Friday. The fighting occurred in Sake town, in the eastern province of North Kivu. The fight is against the March 23 Movement (M23), the SANDF said in a statement. […]