Africa: ‘World Bank Was Not Created for U.S.’

Africa: ‘World Bank Was Not Created for U.S.’

During a candid and thought-provoking fireside chat at the ongoing Intra-African Trade Fair (IATF 2025), former Nigerian President, Olusegun Obasanjo, issued a powerful warning to African leaders: global financial institutions like the World Bank and IMF were not designed to serve Africa’s development interests. Moderated by CNBC Africa’s Fifi Peters, the session examined Africa’s trade…

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Africa: ‘World Bank Was Not Created for U.S.’

Africa: U.S. Analyst Says GERD Inauguration Marks a Major Injection of Energy for Africa

Addis Ababa — Ethiopia has set an excellent example for the rest of the African continent through the Grand Ethiopian Renaissance Dam (GERD), a new benchmark for regional integration, an internationally respected American analyst, Lawrence Freeman, said. The dam, with a 5,150 megawatt of hydroelectric power to the East African nation, was inaugurated on Tuesday…

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Senators in Mexico come to blows after heated debate over U.S. military intervention against drug cartels

Senators in Mexico come to blows after heated debate over U.S. military intervention against drug cartels

Mexican senators came to blows Wednesday after a heated debate over alleged opposition calls for the United States to intervene militarily against drug cartels. Lawmaker Alejandro Moreno, leader of the opposition PRI party, went to the podium as Wednesday’s session ended and angrily confronted Senate president Gerardo Fernandez Norona, of the ruling Morena party, for…

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