eswatini

S'Africa, UK Urge Restraint After Deadly Unrest In Eswatini

S’Africa, UK Urge Restraint After Deadly Unrest In Eswatini

Regional powerhouse South Africa have urged Eswatini’s security forces to practise ‘total restraint’ and Britain expressed concern following reports of a deadly crackdown on pro-democracy protests.

Dissent has long been stifled in Africa’s last absolute monarchy, a small landlocked state previously known as Swaziland.

But demonstrations escalated radically this week as protesters defied a dusk-to-dawn curfew to take to the streets, looting and torching buildings linked to King Mswati III — and demanding immediate political reform.

The government in the southern African kingdom of 1.3 million people has since deployed the military to quell the protests, which it blames on …

Afreximbank approves $1b for African trade

Afreximbank to support Eswatini with $140m credit facility

The African Export-Import Bank (Afreximbank), says it will provide a credit facility valued at  two billion Rands (about 140 million dollars)  to the Kingdom of Eswatini for trade and economic goals.

Prof.  Benedict Oramah,  Afreximbank’s President, in a statement said the facility would enable the Kingdom achieve required funding to meet trade and strategic economic goals.

Oramah made the announcement when he led a delegation of  the bank to visit King Mswati III of the Kingdom of Eswatini in Mbabane. 

He said that the facility would also enable the Kingdom to leverage its future financial flows as a tool for …