New international airport is key to turning Peru into logistics hub

LIMA, Dec 17 (NNN-ANDINA) –The new Jorge Chavez International Airport —set to be inaugurated in December 2024— will be a key factor for Peru to become a regional logistics hub, New Jorge Chavez International Airport Project Expansion Director Bill Fullerton affirmed. “The privileged position of Lima airport enables it to become an…

Future of world copper production depends on projects developed in Peru, says analyst

LIMA, Dec 17 (NNN-ANDINA) — Copper is in the eyes of the world due to energy transition. Given this, GCC Advisors Managing Partner Jose Gonzales stated that demand is going to double in the next 20 years. “There will be a deficit of 8%, and its cost will stand between…

World Bank urges Nigeria to do more with reforms

LAGOS, Dec 17 (NNN-AGENCIES) — The World Bank has recognised the advances of Nigerian President Bola Ahmed Tinubu’s tough economic reforms, but urged more progress on medium-term fiscal and monetary measures, it said in a report. Since taking over the presidency of Africa’s largest economy in May, Tinubu has ended…

Somalia signs treaty to formally join East African Community

Somalia’s President Hassan Sheikh Mohamud (L) shakes hands with his South Sudanese counterpart Salva Kiir, who chairs the East African Community, ENTEBBE (Uganda), Dec 16 (NNN-AFRICANEWS) — Somalia was on Friday formally admitted as the 8th member state of the East African community (EAC), three weeks after being approved at…

South Africa marks Day of Reconciliation

LIMPOPO (South Africa), dEC 16 (nnn-snews) — President Cyril Ramaphosa today deliver the keynote address at the 2023 National Day of Reconciliation celebrations at the Thohoyandou Stadium in the Vhembe District in Limpopo. This year, Reconciliation Month is commemorated under the theme: “Strengthening unity and social cohesion in a healing…

Paraguayan exports grow 24% driven by agriculture

ASUNCION, Dec 16 (NNN-MERCOPRESS) — In the first eleven months of 2023, Paraguayan exports amounted to US$ 15.8787 billion, which represented a 24% interannual growth, it was reported in Asunción. The improvement was significantly explained by higher shipments of soybeans, rice, and soybean meal, which accounted for 69.3% of the…

Tanzania keeps pace with technological advancements

DODOMA, Dec 16 (NNN-DAILYNEWS) — IN a bid to ensure that Tanzania remains at the forefront of the digital era, the Tanzania Communications Regulatory Authority (TCRA) has reiterated its commitment to fulfilling its mandate by focusing on enhancing and advancing the digital revolution, digital literacy and inclusion. Marking the 46th…

Forty people arrested in Italy in an operation against youth gangs

ROME, Dec 16 (NNN-PRENSA LATINA) — Italian police arrested more than 40 people on Friday during an operation against youth gangs in the country’s 14 cities, according to a press release. A police report posted on the Genova24 website this Friday stated that a quarter of them were minors, accused…

More than 50 Chilean businessmen arrested in million-dollar fraud

SANTIAGO DE CHILE, Dec 16 (NNN-PRENSA LATINA) — The Public Prosecutor’s Office and the Investigative Police (PDI) of Chile arrested 51 business persons accused of causing the largest tax fraud in the country’s history, as was announced here. According to the PDI, those involved created a criminal organization composed of…

Venezuelan opposition leader appeals ban on holding public office

CARACAS, Dec 16 (NNN-AGENCIES) — Venezuelan opposition leader Maria Corina Machado filed an eleventh-hour court appeal on Friday to overturn a ban on her holding public office, as she seeks to run against President Nicolas Maduro in the 2024 elections. “Maduro will have to decide whether… to comply or not…