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Sierra Leone loses track of $3.3mn in Ebola funds FREETOWN: Sierra Leone has been criticised in a report presented to its parliament on Friday showing ministers lost track of more than $3 million in internal emergency funds to fight the Ebola virus. There was no paperwork to support 14 billion leones ($3.3 million, 2.8 million euros) of contracts, while 11 billion leones had incomplete documentation, the country's Auditor-General Laura Taylor-Pearce said in the report.There were "lapses in the financial management system in Sierra Leone and these have ultimately resulted in the loss of funds and a reduction in the quality of service delivery in the health sector," according to the report posted on the Audit Service's website."It is hoped that adequate action will be taken to address issues raised in this report in order to prevent future reoccurrence of this nature," the report added.The country of six million has seen almost 11,000 Ebola cases and 3,363 deaths during the ...

WHO assists search for '100 missing' in DR Congo boat disaster KINSHASA: The World Health Organization on Friday said it is assisting in the search for as many as 100 people believed missing after their boat sank on the Congo River.Thursday's accident in the Democratic Republic of Congo happened when two boats collided close to the town of Kwamouth, some 200 kilometres (124 miles) east of Kinshasa, the WHO said in a statement.The WHO cited survivors as saying there may have been close to 150 people ...
Alleged IS gunmen in Libya 'seize radio station' TRIPOLI: Gunmen claiming to be members of the Islamic State militant group have seized control of a state-run radio station in Libya's coastal city of Sirte, residents said Friday.militant websites also posted pictures showing armed men sitting in front of microphones in a broadcasting studio and brandishing Kalashnikov assault rifles."They took Radio Sirte yesterday (Thursday). Since then they have been broadcasting (verses from) the Koran and speeches by (IS chief Abu Bakr) al-Baghdadi," a resident ...
Policeman killed by Cairo bomb claimed by militant CAIRO: A bomb attack Friday on an Egyptian police convoy in the capital killed an officer and wounded seven conscripts and a civilian, officials said, with militants claiming responsibility.The blast occurred in Ain Shams, a neighbourhood in northeast Cairo that is a stronghold of supporters of deposed president Mohamed Morsi.The interior ministry said a "home-made bomb" targeted the patrol.The officer, who served in an anti-riot unit, was rushed to hospital and died of his wounds, ...
South Africa's democracy under spotlight after parliament protest CAPE TOWN: South Africa on Friday took stock of its hard-won democracy, embodied by the late liberation hero Nelson Mandela, a day after chaos erupted in parliament during President Jacob Zuma's State of the Nation address.Radical lawmakers who interrupted Zuma to demand he "pay back the money" spent on upgrades to his private residence were dragged kicking and fighting out of parliament by a large force of security officials on Thursday night."Chaos sign of SA's ...
Five dead as Boko Haram carries out first attack in Chad N'DJAMENA: Nigeria-based Boko Haram Islamists on Friday carried out their first attack inside Chad, killing five people in an early morning strike on a village and military camp on the shores of Lake Chad, a security source told AFP.The attack left four civilians and one soldier dead before the militants were pushed back, the source said on condition of anonymity.Copyright AFP (Agence France-Presse), 2015 ...
At least seven die in Nigeria suicide blast: witnesses MAIDUGURI: At least seven people were killed on Thursday when a female suicide bomber blew herself up at a crowded market in northeast Nigeria, witnesses and a health official said.The mid-afternoon attack in Biu, 180 kilometres (110 miles) south of the Borno state capital Maiduguri is the latest in a spate of similar attacks in the troubled region.The Boko Haram group has been blamed for using women and young girls as human bombs as part ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln