Angola: Pushed by Luanda, Russia sells its shares in diamond mines
A few days before U.S. President Joe Biden’s visit to Angola, the country is pushing Russia to withdraw from its diamond mining operations, signaling support […]
Business
Ghana’s Cocoa Industry Faces Unprecedented Financial Restructuring
The Ghanaian cocoa sector undergoes dramatic transformation as international buyers advance substantial capital, exceeding five hundred million dollars, to secure critical supplies. This fundamental shift […]
Mali: Authorities Intensify Pressure on Mining Companies
Malian authorities continue their assertive stance toward foreign mining operations, detaining four senior Barrick Gold employees amid escalating tensions over tax obligations. The arrests at […]
Electronic Authorization System Challenges Kenya’s African Travel Initiative
Recent evaluations reveal unexpected complications in Kenya’s efforts to streamline continental travel access. Despite ambitious announcements promoting unrestricted African mobility, implementation challenges have significantly affected […]
Nigeria reportedly saved $20 billion by ending fuel subsidies
In Nigeria, the removal of gasoline subsidies, initiated shortly after President Bola Tinubu took office in May 2023, has already saved the Government nearly $20 […]
Kenyan Government Terminates Major Infrastructure Agreements with Indian Group
Kenya has cancelled procurement processes worth over $2.5 billion with India’s Adani Group, following international investigations involving the company’s founder. President William Ruto announced the […]
Developing Multi-Dimensional Partnership between Morocco, Austria Highlighted in Vienna
A conference tackling the development of a multi-dimensional partnership between Morocco and Austria was held in Vienna on Wednesday, at the initiative of Moroccan Millennium […]
Chinese EV makers to boost investments in Africa to avoid tariffs as rivalry with EU, US heats up
With the United States and the European Union imposing hefty tariffs on Chinese electric vehicles (EVs), its carmakers are searching for alternative markets, notably in […]
Australian Mining Company Reaches $160 Million Settlement with Mali Government
Australian Resolute Mining company has agreed to pay $160 million to Mali’s government to resolve a tax dispute following the detention of its chief executive […]
India, Nigeria Forge Strategic Partnership in Security and Economic Development
A landmark meeting between Indian Prime Minister Narendra Modi and Nigerian President Bola Tinubu has produced significant agreements on maritime security, counter-terrorism, and economic cooperation. […]