October 23, 2019Sierra Leone
Sierra Leone currently ranks as one of the least developed countries in the world, with a GDP per capita of less than $300 and high levels of poverty. But President Julius Maada Bio has charted an ambitious development plan for the small West African country. Since 2017, President Bio has overseen increased investment in advanced technologies in the hopes of spurring development.
October 22, 2019Nigeria
A work by the late Nigerian artist Ben Enwonwu fetched $1.4 million at a Sotheby’s auction in London on October 15. The painting, “Christine,” is a 1971 portrait of the Caribbean-origin American wife of a missionary. After her death, the portrait hung on the wall at her family’s home. Unaware of the origin of the piece, a stepson eventually reached out to Sotheby’s to see if it had any value.
October 21, 2019Nigeria
This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger from October 12 to 18, 2019.
October 18, 2019Germany
German Finance Minister Olaf Scholz discusses fighting climate change in multilateral settings, European economic developments, and German economic policy. ALLEN: Good morning. Thank you all for b…
October 17, 2019Nigeria
In August, President Muhammadu Buhari ordered closed Nigeria’s land border with Benin, preventing the import of goods. The move significantly affected trade in foodstuffs. It is part of an effort to tackle smuggling and associated corruption, but also, apparently, to spur the domestic agricultural industry. On October 14, Nigeria ordered closed all of Nigeria’s borders with Benin, as well as those with all other countries, for the same reasons.
October 16, 2019Economics
Jens Weidmann discusses the challenges facing the Deutsche Bundesbank, the role of central banks in Europe, and the global effects of transatlantic trade tensions. This event is cosponsored with t…
October 15, 2019South Africa
The Office of Foreign Assets Control (OFAC) of the U.S Treasury has formally sanctioned on October 10 members of the Gupta family and associates, who are members of a “significant corruption network in South Africa.” Under the sanction, all Gupta property in the United States is blocked and must be reported to OFAC.
October 14, 2019Nigeria
This update represents violence in Nigeria and related to Boko Haram in Cameroon, Chad, and Niger from October 5 to 11, 2019.