16, May 2021
Leaders from more than a dozen African countries will attend a summit in Paris from Monday 0
Leaders from more than a dozen African countries will attend a summit in Paris from Monday to discuss their financial needs after the Covid-19 pandemic. Ahead of the gathering, the head of the International Monetary Fund, Kristalina Georgieva, has told FRANCE 24 the international community must step up efforts to ensure a “dangerous divergence” of fortunes between advanced and developing economies is avoided. “This divergence would mean more insecurity, more instabilty and lost opportunities for the world economy to grow,” she warned.
Georgieva said she hoped a planned $650 billion increase in the Fund’s reserves, known as Special Drawing Rights, could be used as a way for richer countries to provide more help to those in need.
“We have done it, we can do it again,” she said. “Of course it is up to our members, but I was so encouraged to hear many countries stating that they want to see an on-lending done to help the countries that are in dire need.”
On the issue of debt relief, the IMF chief pointed to efforts underway at the G20 with Chad, Zambia and Ethiopia trying to overhaul their debt burdens.
Georgieva said she believed the outcome of the talks could encourage other countries to enter the process: “That would allow us to bring down the dangerous levels of debt in countries that are suffocating under a high debt burden.”
“This is the kind of situation where you need all hands on deck,” she said, calling on indebted countries, the international community and the private sector to work together on the issue.
Source: France 24


















17, May 2021
Amba fighters kill around 600 Cameroon soldiers in North West between January and April 2021 0
Ambazonia Restoration Forces killed around 600 Cameroon government soldiers in several attacks on army bases and check points in the North West region, security sources hinted Cameroon Intelligence Report on Sunday.
An elderly Roman Catholic cleric in Bamenda who confirmed the toll added that the soldiers were all buried in a mass grave in a secret location in Bamenda and their respective families have still not been informed of their demise.
The January-April Cameroon military casualty remains the highest since Minister Paul Atanga Nji told state radio and television that the 88-year-old President Biya had won the war against Southern Cameroons separatist fighters.
Ambazonian fighters reportedly staged many of the attacks on the Bamenda-Bali Highway and also on the trunk B road leading to Mbengui.
Many Cameroon government army soldiers are missing, our sources said. A man of God hired by the army to perform last religious rituals for the slain soldiers said more troops were killed on the Bamenda-Santa main road.
We understand most of the rural areas in Southern Cameroons are still under the control of the Southern Cameroons Self Defense Forces loyal to the Ambazonia Interim Government of Vice President Dabney Yerima.
Four security sources revealed to CIR that the January-April death toll was not final.
By Fon Lawrence in Bamenda