Category: African Business
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🇬🇭Ghana Celebrates 68 Years of Independence with Cultural Pride and Festivities
Ghana commemorated its 68th Independence Day on March 6, 2025, reflecting on its journey since gaining freedom from British colonial rule in 1957. The celebrations were marked by a blend of cultural pride, historical reflection, and vibrant festivities across the nation. National Celebrations in Accra The heart of the national festivities took place in Accra,…
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🇲🇦 Morocco’s Sardine Shortage Crisis Raises Government and Industry Concerns
🇲🇦 Government Seeks Solutions to Address Sardine Shortage Sardine Scarcity Threatens Moroccan Exports and Food Industries Sardines, a key pillar of Morocco’s seafood exports, are becoming increasingly scarce in the country’s waters, sparking concerns among both the government and industries that rely on them. This crisis is not only affecting the local economy but is…
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ECOWAS, UN mission leave Guinea-Bissau after president’s threat
A high-level political mission from the Economic Community of West African States and the United Nations Office for West Africa and the Sahel wrapped up its visit to Guinea-Bissau on Saturday, urging all stakeholders and citizens “to remain calm and uphold peace and tranquillity in the country. This followed after a week-long engagement aimed at…
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Allegations of $75,000 Misappropriation: Rustonlyn Suacoco Dennis Under Investigation at NOCAL
In recent developments, Rustonlyn Suacoco Dennis, the President and Chief Executive Officer of the National Oil Company of Liberia (NOCAL), has been implicated in allegations concerning the misappropriation of $75,000 USD from the company. These allegations have raised significant concerns about financial management and accountability within Liberia’s state-owned enterprises. Background on NOCAL Established by an…
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🇱🇷 🇬🇭 The Future of Cassava in Africa: Growth, Innovation, and Sustainable Solutions
Cassava, a vital staple crop across Africa, plays a significant role in the economies of Liberia, Ghana, Senegal, and Burkina Faso. Its versatility extends beyond food consumption to various industrial applications, making it a cornerstone for both food security and economic development in these nations. Cassava Industry Overview and Projected Growth The global cassava market…
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The Future of Cryptocurrency in Pan-African Nations by 2030
Cryptocurrency is poised to significantly impact Pan-African nations by 2030, particularly in the realms of business transactions, education, and governmental policies. As digital currencies gain traction across Africa, they present both opportunities for financial independence and challenges linked to neo-colonial tactics aimed at controlling emerging economies. This article explores the main cryptocurrencies likely to influence…
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🇸🇱 Sierra Leone’s ‘kush’ made using ingredients imported from abroad
Kush is a cheap and deadly drug that has swept through at least six West African countries in recent years. Sierra Leone’s President Julius Maada Bio last April called for a crackdown on it, describing the drug as an “epidemic” and a “national threat”. He launched a task force on drug and substance abuse, promising…
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🇰🇪 Stellar XLM Adoption in Kenya and Africa
Stellar Lumens (XLM) is making significant strides in Kenya and across various African nations, offering innovative solutions to financial challenges and promoting economic inclusion. Market Capitalization and Current Status As of February 22, 2025, Stellar (XLM) is trading at approximately $0.3363 USD, with a market capitalization of around $10.31 billion USD. This positions XLM as…
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Pansalb calls preservation of marginalised languages
The Pan South African Language Board (PanSALB) says while progress has been made to promote multilingualism, there is still much work to be done. This as the country observes the African Language Week. Speaking at the International Mother Language Day commemoration in the City of Mbombela in Mpumalanga, PanSALB CEO, Lance Schultz has called on…
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Gov’t to Reclaim Putu Mountain from Russian Investors
The government of Liberia, through the Executive Branch, has announced that the Liberian government has initiated process of terminating the Mineral development Agreement (MDA) signed between the government of Liberia and Severstal, a Russian-affiliated company, to reclaim ownership of the Putu mountain in Grand Gedeh, which is valued at about US$12 billion. Putu Mountain comprises…
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