Ebola is causing enormous damage to West African economies, draining budgetary resources and slashing economic growth by up to 4 percent as foreign businessmen leave and projects are canceled, the African Development Bank president said.
Tags: Sierra Leone
Liberia Ebola vaccine trial 'challenging' as cases tumble
A steep fall in Ebola cases in Liberia will make it hard to prove whether experimental vaccines work in a major clinical trial about to start in the country, the head of the U.S. National Institutes of Health (NIH) said on Saturday.
Ebola becomes latest stock scam, SEC says
U.S. regulators warned investors of stock scams tied to West Africa's Ebola outbreak and suspended trading in four small companies that they said have made unverifiable claims about products to prevent or treat the deadly virus.
U.S. urges IMF to cancel debt of Ebola-stricken countries
The United States on Tuesday proposed that the International Monetary Fund write off some $100 million in debt it is owed by Guinea, Liberia and Sierra Leone to free up more resources for those countries, the hardest hit by the Ebola outbreak.
Emirates president says Ebola hits Asian demand for Africa flights
The president of Emirates airlines [EMIRA.UL] said on Thursday that demand for flights to Africa from Asia has fallen due to concerns over the Ebola virus.
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A British national living in Sierra Leone has tested positive for Ebola, the first Briton to fall victim to the deadly disease that has spread across the West African region since March, the Department of Health said on Saturday.
Two cases of Ebola virus were confirmed among two women in Liberia, the first woman died positive of the virus, while the other is still receiving treatment.
Texas-based Endeavor Energy announced that it has inked a joint development agreement with Joule Africa to construct the USD500 million Bumbana Phase II Power Project. Endeavor Energy obtained a USD100 million funding from private equity firm Denham Capital.
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