11 African countries to receive $5 billion investment funds from the World Bank
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11 African countries to receive $5 billion investment funds from the World Bank

The World Bank has announced that it will invest over $5 billion in 11 African countries over the next five years in a variety of climate change, environmental protection, agricultural sustainability, and human development programs. The Washington-based lender targets that these initiatives will improve livelihoods and provide a crucial lifeline at a time these nations…

South African government says it has secured 20 million COVID-19 vaccines
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South African government says it has secured 20 million COVID-19 vaccines

South Africa’s President Cyril Ramaphosa said on Monday the government has secured 20 million more doses of coronavirus vaccines as he extended a ban on alcohol sales and curbed cross-border travel to slow the spread of COVID-19. Africa’s most industrialized nation will remain on virus alert level 3 with land border posts closed to most…

Chinese firms clinch $1.32 billion Tanzanian railway deal
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Chinese firms clinch $1.32 billion Tanzanian railway deal

Two Chinese farms have won the contract to construct a $1.32 billion modern rail in Tanzania, the foreign minister announced, in a deal that will extend more than a decade of Chinese involvement in the East African nation. China Civil Engineering Construction Corporation and China Railway Construction Limited will build the 341 kilometer link to…