At least five African countries are collaborating on a potential world-first joint “debt-for-nature” swap to secure around $2 billion for the preservation of a coral-rich area in the Indian Ocean, as reported by Reuters. Debt-for-nature deals are gaining popularity among poorer nations as a means to fund conservation efforts. While individual countries like Ecuador, Barbados, Belize, Gabon, and Seychelles have engaged in similar swaps previously, this African initiative would mark the first time multiple countries are working together to protect a distinct ecosystem.
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More than 200 gunmen on motorbikes storm army base in Banibangou
More than 200 gunmen attacked a Niger army base in Banibangou, resulting in at least 34 soldiers killed and 14 injured, according to the defense ministry. The junta, which has expelled Western forces and sought alliances with Russia and Turkey for security, is under scrutiny for its inability to combat ongoing jihadist violence in the region. Need More Context? 🔎
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