Category: African Business
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π±π· Liberia: Govβt Launches Phase II of MSME Line of Credit with $3.5 Million Disbursement
Monrovia -The Government of Liberia (GoL), through the Ministry of Commerce and Industry and in collaboration with the Central Bank of Liberia (CBL), has officially launched Phase II of the Micro, Small and Medium Enterprises (MSME) Line of Credit under the Liberia Investment Finance and Trade (LIFT) Project. The signing ceremony, which was held at…
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African Business Potential On the Up
Low wages make it tough for the average earner to start their own formal business across much of Africa. The priciest place is Equatorial Guinea ($2,322), where a $324 paycheck means a 718% affordability rate. Fees are lower elsewhere, but so are wages. In fact, Congo is the least affordable in the world, with fees…
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π π§π― Ciara granted Beninese citizenship under new slave descendant law
American singer Ciara is one of the first public figures to become a citizen of Benin under a recent law by the small West African country granting citizenship to descendants of enslaved people. The Grammy-winning performer’s acquisition of citizenship at a ceremony Saturday in the city of Cotonou is part of a broader initiative by…
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π§π«π·πΊ Synergy in Sahel: Russia to Deliver Cutting-Edge Mobile Lab to Burkina Faso as Ties Deepen
Ouagadougou, Burkina Faso β In a significant step to bolster Burkina Fasoβs public health infrastructure, Russia has pledged to deliver a state-of-the-art mobile anti-epidemic laboratory to the West African nation by December 2024. The announcement came during a high-profile meeting between Burkina Fasoβs revolutionary leader, President Ibrahim TraorΓ©, and Russian Energy Minister Sergey Tsivilyov, who…
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π²π¦ Washington Prepares to Greenlight Business in Western Sahara Amid Trump’s Morocco Policy
Pan African News Blog As the Trump administration continues to shape U.S. foreign policy in its final months, one of its most consequential movesβthe recognition of Moroccan sovereignty over Western Saharaβis paving the way for American businesses to invest in the disputed territory. This decision, announced in December 2020 as part of a broader deal…
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π²π± Over 200 illegal gold mining units destroyed in Mali
A tactical unit of the National Guard of Mali carried out an operation from 21 to 23 July to destroy more than 200 illegal gold mining installations along the Djoliba River, according to the Malian Armed Forces. The operation covered the localities of Bankoumana, Hamdallaye, Kangaba, Balanza and Danga. It was reported that over the…
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Dr. John Henrik Clarke in his enlightening lecture titled “Africans and the Making of America 1619 – 1776
Join Dr. John Henrik Clarke in his enlightening lecture titled “Africans and the Making of America 1619 – 1776,” where he examines the critical role that Africans played in shaping the United States during its formative years. As a renowned historian and educator, Dr. Clarke delves into the contributions of African individuals and communities from…
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π§π« ‘From Nothing to Something’: African Women Transforming Agriculture Into Economic Springboard
This November, Ouagadougou will host the 14th edition of the International Forum for Dynamic and Entrepreneurial Women (FIED). The event will bring together businesswomen and men from 30 African countries to promote economic empowerment, particularly in the agricultural sector. “The idea for the forum came from women farmers,” Djelika Yeo, President of FIED Their work…
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π¬π Ghana: Stronger Infrastructure Key to 24-Hour Shipping Operations – Nikpe
The Minister of Transport, Joseph Bukari Nikpe, has called for urgent reforms to reduce the high cost of doing business at Ghana’s ports, describing it as a key priority for President John Dramani Mahama and a major barrier to trade and economic growth. Speaking at the inauguration of the newly reconstituted Board of Directors of…
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π«π· Canal+ Acquisition of MultiChoice: A New Era for African Media
In a significant move that could reshape the African media landscape, French media giant Canal+ has received conditional approval from South Africa’s Competition Tribunal to acquire MultiChoice Group, the parent company of DStv and Showmax, in a deal valued at $2.9 billion. This acquisition marks a major milestone in Canal+’s expansion strategy in Africa, particularly…
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