European Union, EU, foreign ministers are meeting in Luxembourg to agree on a mission to train 15,000 Ukrainian troops and an extra 500 million euros worth of funding for arms deliveries to Kyiv.

The war in Ukraine and rising inflation have pushed an additional four million children across eastern Europe and Central Asia into poverty.

The Ethiopian government has ordered banks to deny foreign currency to businesses importing non-priority goods, in an effort to shore up dwindling foreign reserves in one of Africa’s major economies.

A Nigerian NGO, Civil Society Legislative Centre (CISLAC) has called for effective implementation of anti-corruption commitments by Nigeria to help the country address its economic challenges.

The Middle East is projected to grow at 5% this year, up from 4.1% in 2021, but will slow next year to 3.6% due to the worsening global conditions, an International Monetary Fund official said on Thursday. 

The International Human Rights Commission (IHRC) has called on the global community to assist Nigeria in reducing the impact of the floods ravaging parts of the country.

Following the global economic challenge exacerbated by Russia’s invasion of Ukraine, the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has invited foreign investors to consider Nigeria and other countries in Africa, stressing that they are choice investment destinations.

The European Union on Friday signed a 100 million Euros grant agreement (about 97.2 million dollars) for the International Monetary Fund’s (IMF) Poverty Reduction and Growth Trust (PRGT).