Category: African Business
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The African Designers Who Stole the Spotlight at the 2025 Met Gala
This year’s Met Gala was always going to make history, but it did so in more ways than expected, as several African designers made their debut on the iconic stairs of the Metropolitan Museum of Art. This year’s Met Gala was always going to be a one for the books. The glitzy annual event, designed…
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8 African Art Fairs and Festivals to Attend in 2025
African art is often deeply intertwined with the social, religious, and cultural practices of the communities that create it. It holds significance not just as an aesthetic object but as a representation of traditions, rituals, and beliefs. Explore 8 must-attend African art fairs and festivals showcasing the continent’s vibrant creativity. African art is often deeply…
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🇧🇫 West African Resources agrees to increase Burkina Faso’s equity interest in projects to 15%
Australia-listed West African Resources, which owns and operates the Sanbrado, Kiaka and Toega projects in Burkina Faso, has agreed to increase the State’s free-carried equity interest in the projects to 15%, from the 10% previously held by the State. This change is in line with the new Burkina Faso Mining Code, which was adopted in…
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🇿🇦 Take-Two Sues Third-Party GTA Online Marketplace For Illegal Transactions
The GTA publisher said the website acts as a real “lawless enterprise” that GTA V offers players in the fictional underworld. A new legal alert bell has rung from Take-Two Interactive, the publisher behind the iconic Grand Theft Auto (GTA) series, which recently filed a lawsuit against PlayerAuctions for offering a marketplace where unauthorized, infringing…
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Bank of Ghana Declares 50 Loan Apps Illegal: What This Means for Fintech in Africa
By: Tekpwfari Stix El| panafrican.email Date: May 31, 2025 — Introduction In a decisive move to regulate the fast-growing digital lending space, the Bank of Ghana (BoG) has declared 50 digital loan apps illegal, citing consumer abuse, data privacy violations, and failure to obtain proper licensing. The announcement has sparked intense public debate on financial…
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Ghana, UAE ink $1bn deal to build Africa’s largest innovation hub
Ghana is set to become a major player in artificial intelligence (AI) and emerging technologies through a landmark partnership with the United Arab Emirates (UAE). The two countries have signed a memorandum of understanding (MoU) to establish the Ghana-UAE Innovations and Technology Hub—a transformative project aimed at accelerating digital transformation and positioning Ghana as a…
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Ngũgĩ wa Thiong’o, East Africa’s Leading Novelist and Social Critic, Dies at 87
He insisted that African literature should be written in African languages to serve as an authentic voice Ngũgĩ wa Thiong’o, the renowned Kenyan author, playwright, and revolutionary thinker whose works redefined African literature and intellectual freedom, has passed away at the age of 87. Widely regarded as East Africa’s most important novelist and one of…
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Afrostar: Africa’s Ambitious Leap into the Crypto Frontier
As the global cryptocurrency landscape evolves, Africa is making its mark with Afrostar (AFRO), a digital currency aiming to unify and empower the continent’s financial ecosystem. Positioned as “The United Digital Currency of Africa,” Afrostar seeks to bridge economic disparities and foster financial inclusion across African nations. What is Afrostar? Afrostar is a cryptocurrency project…
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🇧🇫 Burna Boy’s Proposed Free Concert in Burkina Faso: A Pan-African Vision Deferred
In a bold move to promote African unity and celebrate leadership, Nigerian Afrobeats sensation Burna Boy recently proposed a free concert in Burkina Faso. The initiative aimed to honor President Ibrahim Traoré and foster a sense of pan-African solidarity. However, the Burkinabè government declined the offer, citing national priorities and the need to maintain focus…
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Star and Shield Clothing Expands Operations Across Africa and the U.S.; Unveils $200K Development Strategy
MONROVIA, LIBERIA & LOS ANGELES, CALIFORNIA – May 29, 2025 — Star and Shield Clothing, the parent company of Camarilla Mask™ and 16 Tribes®, is expanding its footprint with strategic developments across Liberia and California, reinforcing its reputation as a rising Afrotropical cultural brand with global ambitions. The company has recently broadened its U.S. retail…
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