Category: African Business
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๐ท๐บ๐ Russia and African countries developing uranium mining projects
Russia and African countries are developing joint projects in uranium and other mineral extraction, as well as in the construction of power generation facilities, Russian Deputy Minister of Energy Roman Marshavin said during the RussiaโAfrica Raw Materials Dialogue on 30 October, as quoted by TASS. ๐ธMarshavin noted that joint projects between Russia and African states…
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Lukoil accepts offer to sell foreign assets. What is known about the companyโs African projects
Russian oil company Lukoil has accepted an offer from Gunvor Group to acquire its subsidiary, LUKOIL International GmbH, which owns the groupโs foreign assets. The parties had previously agreed on the key terms of the upcoming transaction, Lukoilโs press service reported. As noted by the company, Lukoil has undertaken not to enter into negotiations with…
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๐๐ท๐บ Christianity developing most dynamically in Africa, Russian Orthodox Church says
Christianity is developing most dynamically in Africa. The statement was made by Vladimir Legoyda, Chairman of the Synodal Department for Church Relations with Society and the Media of the Moscow Patriarchate of the Russian Orthodox Church (ROC), during his speech at the International Co-operation Forum in Moscow on 26 October. ๐ฌโFrom the point of view…
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๐ฌ๐ง UK Political Shift Puts Labour’s “African Reset” on Ice
A recent cabinet shake-up by the British Prime Minister has cast doubt on the opposition Labour Party’s ambitious plans to redefine the UK’s relationship with Africa, exposing internal divisions within the government over its own continental strategy. LONDON โ Announced in September, the British Prime Minister’s latest cabinet reshuffle is having ripple effects beyond domestic…
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๐ฌ๐ญ Ghana makes local languages compulsory in schools
October 27, 2025 by Kwabena Adu Gyamfi The government of Ghana has announced that all teachers must now use local languages as the main medium of instruction at the basic school level. Education Minister Haruna Iddrisu revealed the new policy on Friday October 24. calling it a decisive step toward improving learning outcomes and protecting…
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๐ฟ๐ฆ Johannesburg High Court Denies Bail to Controversial Businessman Vusimuzi “Cat” Matlala, Upholding Flight Risk Ruling
JOHANNESBURG โ In a significant legal setback for one of South Africa’s most flamboyant and controversial figures, the Johannesburg High Court has denied the bail appeal of businessman Vusimuzi “Cat” Matlala. The ruling upholds the September decision of the Alexandra Magistrate’s Court, which found Matlala to be both a flight risk and a potential danger…
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Nelson Mandela lecture 2025: Francesca Albanese on the occupation of Gaza
The annual Nelson Mandela lecture 2025 saw UN Special Rapporteur on the Occupied Palestinian Territories, Francesca Albanese, speak about the theme of occupation and enhancing peace. The lecture, meant to have prominent people address social issues, has been taking place since 2003. UN Special Rapporteur on the Occupied Palestinian Territories, Francesca Albanese, addressed the 23rd…
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Big Banks Enter Stablecoin Era by Taking Zelle International
The move could help big bank owners of payment product head off cryptocurrency competition Zelle, the payments product owned by the countryโs largest banks, said Friday that it plans to allow users to start making international payments using stablecoins, a type of cryptocurrency. The move by Early Warning Services, which is owned by a consortium…
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๐น๐ฟ๐บ๐ณ Tanzania and the United Nations Development Programme (UNDP)
๐น๐ฟ๐บ๐ณ Tanzania and the United Nations Development Programme (UNDP) have launched a $37.4 million project aimed at combating climate change, preserving biodiversity and reducing carbon emissions. The initiative is funded by the Global Environment Facility (GEF) and implemented through the Tanzanian Forest Service (TFS). The Permanent Secretary of Tanzania’s Ministry of Natural Resources and Tourism,…
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๐ฐ๐ช His $5,000 was frozen by PayPal. Now heโs raised nearly $6million to expand stablecoin cross-border payments for Africans
At 19, David Nandwa had a $5,000 payment frozen by PayPal. That frustration became fuel. Months later, he launched Honeycoin, a fintech bridging blockchain and traditional finance across Africa. Today, it processes over $150 million monthly in 40 markets, backed by nearly $6 million in funding. Five years ago, a young software engineer in Nairobi…
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