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IMF Approves $40 Million Boost for Somalia’s Credit Program, Fourth Review Cleared

IMF approves additional $40 million for Somalia, releases $30 million in immediate budget support MOGADISHU — The International Monetary Fund has approved an additional $40 million for Somalia after completing the fourth review of the country’s Extended Credit Facility, authorizing an immediate $30 million disbursement for budget support. The decision lifts Somalia’s total access under the program to about $140 million and brings cumulative disbursements to roughly $100 million under the arrangement approved in December…

More than 40 million people are trapped in modern-day slavery worldwide, the UN reports

Despite scientific and technological advances over the past century, more than 40 million people worldwide continue to be victims of modern-day slavery, the International Labor Organization (ILO) reported, showing that countries made little or no progress in stopping forced labor. "Modern slavery is used as an umbrella term covering methods such as forced labor, indebtedness, forced marriage and human trafficking. It mainly refers to situations of exploitation that a person cannot refuse or leave due to…

40 killed when militants assault the farm in northern Nigeria

Militants have killed at the least 40 individuals on a farm within the state of Borno in northeastern Nigeria, three sources advised Reuters on Saturday. The assault on Kwashebe Zamarmari within the Jere municipality space occurred late within the morning native time when the employees have been harvesting rice, in response to a village chief, an area fighter with the Zamarmari group and a police supply. The authorities' seek for the attackers has begun. The navy and police didn't instantly reply to…