Kampala, Uganda | THE INDEPENDENT | The Newly appointed World Bank President Ajaypal (Ajay) Singh Banga has unveiled plans to visit Africa among other regions soon to acquaint himself with the issues surrounding borrowers and partners. Banga is poised to become the next World Bank President later this year, amidst mixed …
Read More »McCain appointed new head of WFP
United Nations | Xinhua | UN Secretary-General Antonio Guterres and Food and Agriculture Organization Director-General Qu Dongyu on Thursday announced their appointment of Cindy H. McCain of the United States as Executive Director of the World Food Programme (WFP). McCain, at the undersecretary-general level, succeeds David Beasley of the United States, …
Read More »Putin condemns “terrorist attack” in Russia’s Bryansk region
Moscow, Russia | Xinhua | Russian President Vladimir Putin called the incident that happened earlier in Russia’s southern Bryansk region a “terrorist attack,” adding that the perpetrators had targeted civilians, the Kremlin said Thursday. The Russian president gave his assessment of the incident in the Bryansk region during a video address …
Read More »House panel launches investigation into disgraced U.S. lawmaker
Washington, U.S. | Xinhua | The U.S. House Ethics Committee announced on Thursday that it has established an investigative panel to look into issues surrounding disgraced Republican lawmaker George Santos. Santos, the U.S. representative for New York’s 3rd congressional district, admitted to fabricating several aspects of his work experience and …
Read More »Rwanda statement at the high-level segment of the Human Rights Council 52nd session
Geneva, Switzerland | THE INDEPENDENT | Rwanda has stated that the situation in Eastern Democratic Republic of Congo is a major human rights challenge for the international community. In a statment at the High-Level Segment of the Human Rights Council in Geneva on Thursday, Rwanda insists, the conflict there was however started …
Read More »FAO publishes global indicators on cost of healthy diet
Rome, Italy | Xinhua | New data released Wednesday by the United Nations Food and Agriculture Organization (FAO) shows that while billions of people around the world cannot afford a healthy diet, the cost of such a diet varies significantly between regions. The agency, headquartered in Rome, based its findings on …
Read More »CHINA: Swill oil from hotpots transformed into jet fuel
Swill oil from hotpots transformed into jet fuel Chengdu, China | Xinhua | At a bustling hotpot restaurant in southwest China’s Sichuan Province, waiters pour each pot of leftover oil into a funnel-shaped oil-water separator in the kitchen. This oil is then sent to energy companies including Finnish Neste, PetroChina …
Read More »CNOOC Ltd announces major oilfield discovery of Bozhong 26-6 in Bohai
Hong Kong | THE INDEPENDENT | CNOOC Limited announced today that it has discovered Bozhong 26-6 oilfield in Bohai Sea, which brings another hundred million tons of reserves. Bozhong 26-6 oilfield is located in the south of Bohai Sea, with an average water depth of 22 meters. The main oil-bearing …
Read More »Türkiye to hold elections on May 14 despite quakes: Erdogan
Ankara, Turkey | Xinhua | Turkish President Recep Tayyip Erdogan announced on Wednesday that his government plans to hold the presidential and parliamentary elections on May 14, as the country is still recovering from two devastating earthquakes that struck a large swathe of its southern region in early February. “The time …
Read More »African Development Bank concludes 2023 insurer roadshow to mobilize private capital for Africa
London, UK | THE INDEPENDENT | The Co-Financing, Syndications and Client Solutions department of the African Development Bank Group has met with London-based insurers to galvanize continued support of the Bank’s balance sheet optimization and mobilization ambitions, in line with its 2023 lending program. The Bank held an investor relationship …
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