World Bank forecasts 4.8 pct growth for Senegal’s economy in 2022

DAKAR, Sept 29 (NNN-Xinhua) — Senegal’s economy is expected to grow 4.8 percent this year, against 6.1 percent last year, the World Bank announced in its “Senegal Economic Situation Report”. This growth rate will be driven by “the performance of the agricultural and mining sectors and to a lesser extent…

4 killed, 33 injured after truck carrying political party members plunges off road in southern Peru

LIMA, Sept 29 (NNN-Xinhua) — At least four people were killed and 33 injured when the truck they were riding in skidded off a highway and plunged into a ravine in southern Peru’s Cusco region, local media reported Wednesday. The accident occurred at about 7 p.m. local time Tuesday on…

Bank of England announces bond purchases to calm markets

The Bank of England  LONDON, Sept 29 (NNN-Xinhua) — The Bank of England (BoE) announced temporary purchases of long-dated United Kingdom (UK) government bonds “on whatever scale is necessary”, in an emergency move to restore orderly market conditions. Auctions started on Wednesday and will take place on each weekday until…

Portugal announces new high-speed train between Lisbon, Porto

LISBON, Sept 29 (NNN-Xinhua) — Portugal will start building a new high-speed rail that will halve the travel time between its capital Lisbon and Porto and eventually link to Vigo in Spain, Prime Minister Antonio Costa said on Wednesday. The first phase of the new rail project, between Lisbon and…

Cameroon bans public gatherings in restive Anglophone city

YAOUNDE, Sept 29 (NNN-Xinhua) — Cameroonian authorities have banned public gatherings in Bamenda, the capital of the restive Northwest Region, where armed separatist conflicts are underway. Simon Emile Mooh, the prefect of the Mezam division where Bamenda is located, said in a statement issued Wednesday that “undeclared meetings and public…

24 soldiers killed in two separate Uganda helicopter crashes: Congolese army

KINSHASA, Sept 29 (NNN-Xinhua) — Twenty-two soldiers were killed when a Ugandan military helicopter crashed Monday in the Boga region of the Ituri province, in northeastern Democratic Republic of the Congo (DRC), a source of the DRC’s army stationed in Ituri told Xinhua Wednesday. The dead included three Congolese soldiers,…

Cuba launches hurricane recovery efforts as Ian batters Florida

HAVANA, Sept 29 (NNN-Xinhua) — Cuba launched recovery efforts on Wednesday in the wake of Hurricane Ian’s destructive path across the island’s western tip. In the westernmost province of Pinar del Rio, which was hit the hardest, two hurricane-related deaths were reported due to the collapse of a wall and…

US Coast Guard searching for 23 migrants after vessel sinks off Florida coast amid Hurricane Ian

Sailboats berthing aat a bay in Miami, Florida, the United States MIAMI (Florida, US), Sept 29 (NNN-Xinhua) — The U.S. Coast Guard is searching for 23 migrants whose vessel sank off the coast of Florida amid Hurricane Ian, an official said on Wednesday afternoon. Walter Slosar, chief patrol agent for…

200,000 at risk of starvation as drought ravages Somalia as efforts made to provide aid to war-ravaged farmers in Ethiopia’s Tigray – UN

ABUJA (Nigeria), Sept 29 (NNN-GNA) — Somalia is facing a “very alarming” situation after more than four years of drought have devastated livestock many people depend upon, a top UN official said.The United Nations has warned that the Horn of Africa nation is on the brink of famine for the…

Oil Revenue: Ghana bags $731.94 million in half year 2022

ACCRA, Sept 29 (NNN-GNA) — Ghana earned $731.94 million in petroleum receipts in the first half of this year, representing a 108.9 percent increase over the 2021 half-year receipt of $350.31 million.The figure is also $51.39 million shy of the $783.33 million bagged in the entire 2021 and brings to…