EKO HOT BLOG reports that the United States has announced a new $3.75bn military assistance package to help Ukraine and its neighbours on NATO’s eastern flank as Russia’s invasion of Ukraine grinds on.
The latest tranche of assistance will include for the first time Bradley armoured vehicles for Ukraine.
The armoured carrier is used to transport troops to combat and is known as a “tank killer” because of the anti-tank missiles it can fire.
The biggest US assistance package to date for Kyiv includes a $2.85bn drawdown from the Pentagon’s stocks that will be sent directly to Ukraine and $225m in foreign military financing to build the long-term capacity of Ukraine’s military and support its modernisation, according to the White House.
It also includes $682m in foreign military financing for European allies to help replace donations of military equipment they have made to Ukraine.
Click here to watch our video of the week:
The naira recorded its largest daily gain against the dollar, strengthening to N1,595 per dollar…
The $50 million facility aims to support Nigerian businesses in high-impact sectors such as agriculture,…
Nearly 4 in 10 women in Ogun communities show signs of Female Genital Schistosomiasis, new…
