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Zimbabwe Will Get World Bank Money; Nigeria’s Military Rescues Hostages
May 19th, 2009Zimbabwe Will Get World Bank Money
Again The World Bank has promised to give Zimbabwe $22 million in aid. This is the Bank’s first aid to the country since 2000, when Zimbabwe started falling behind in repayments. The African nation, struggling with the world’s highest inflation rate, high unemployment and other difficulties has been asking the international community for $8.5 billion to help repair its economy, reports the BBC. The nation, though, has to start paying off its current debt if they’d like to see more World Bank money, an official said. “The first task is to see how Zimbabwe can get on with debt reduction,” said a World Bank official. Zimbabwe currently owes the organization and the African Development Bank more than $1 billion. Tendai Biti, Zimbabwe’s finance minister, said that the government would work out a repayment plan with the World Bank.
Nigeria’s Military Rescues Hostages
Over the past couple of days, Nigeria’s military says they’ve rescued 18 hostages captured in the nation’s oil-rich Niger Delta region by militants, reports CNN. Nine Filipinos and five Nigerians were released Saturday and four Ukrainians were released Sunday, according to a military spokesman. Fighting between the government and militants from the Movement for the Emancipation of the Niger Delta (MEND), a group that is calling for the nation’s oil wealth to be distributed equally, has killed as many as 1,000, according to one official. MEND’s activities include damaging the nation’s oil facilities, which has resulted in a reduction of the nation’s oil exports. The group declared war against the government late last week, following what they believe was a fatal bombing attack on civilians. “Casualties are mostly women, children and the elderly who could not get away quickly into the bush or high see,” the group said. Col. Rabe Abubakar, though, insists that while villages have been destroyed in the wake, civilians are not the target of any attacks by the government. “We are not attacking villages – just (militant) camps,” he said. “We want the international community to know that we are getting rid of criminals and terrorists in our communities so foreigners who come here to work and invest here are safe,” Abubakar said.
Since I come here to Amercia I dont get much monies from goverment.
I work in parking garage in Minneapolis. I see Minnesota Timberwolves driving nice cars. It no fair that I do not get that much monies from goverment.
what ze ap bet every time i gott home i see bet but bet they don’t have much emterteing programm for africans i mean for new camers.
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it does not cater to them and never will, it isnt in the business to do that.. there are other media outletsbased in Africa that do ,but just dont broadcast to north america just yet.. Bet is based on the needs and concerns of black americans living in north america only and untill very recently didnt even mention the existence of the diaspora .
Why is Africa so rich, but, so, so, poor? To be honest I don’t think the leaders in Africa know how to develop their country.
chris, do you consider yourself to be educated to any level at all?. Do you understand the difference between a continent and a country as it seems 99% of you americans just cannot comprehend the difference. africa is not one country it is a continent filled with countries !!I understand that world geography is not taught in american schools as such and the ignorance about the outside world coming out of american mouths is a wonder to behold but you really need to go back to school and get the rudiments of geograhical content as its is truely pathetic the way americans carry on like they know about the world when they just havent got a clue..