Category: African Business
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Forging Africa’s Future: Pan-African Ideals and the African Union’s Path Ahead
In the grand theater of history, few movements have carried the weight of dreams and aspirations like Pan-Africanism. From the embers of colonial oppression to the modern-day march toward a unified continent, this ideology has shaped Africa’s narrative with an indomitable spirit of liberation, self-determination, and unity. Its resonance is most profoundly felt in the…
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Gang Violence in Haiti: Hospital Reopening Marred by Deadly Attack
On Christmas Eve, what should have been a day of hope for Haiti’s beleaguered capital, Port-au-Prince, turned into a scene of tragedy and violence. The reopening of the city’s largest public hospital, General Hospital, was overshadowed by a deadly attack attributed to gang members. The assault left two journalists dead, several others wounded, and claimed…
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🇳🇬 Nigeria’s Resurgent Oil Industry: The Warri Refinery Returns to Life
In a resounding declaration of progress, the Warri oil refinery, once a symbol of Nigeria’s battered energy infrastructure, roared back to life on December 30, 2024. After nearly a decade of silence, the refinery’s revitalized machinery now churns out 125,000 barrels per day at 60% capacity, a powerful sign of the country’s ambition to reclaim…
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🇱🇷Breaking News Liberia: Boulevard Palace Hotel General Manager Dies Under Suspicious Circumstances
Anwar Futloo, the General Manager of Boulevard Palace Hotel, was found dead on Monday evening after reportedly ingesting a toxic chemical. Preliminary reports suggest that Futloo consumed caustic soda, a highly corrosive substance commonly used for cleaning, leading to severe internal injuries. The incident occurred during a visit to a friend’s residence on 9th Street,…
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Burkinabe Authorities Seize $2.28 Million Worth of Smuggled Gold Near Togo Border
Burkinabe customs and national police made a significant breakthrough in the fight against gold smuggling on Tuesday, December 17, 2024, by intercepting 28.6 kilograms of gold worth $2.28 million. The operation took place in Bittou, a city near the border of Togo, following an anonymous tip that exposed suspicious activities involving three individuals. The suspects…
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First criminal crypto tax evader in US sentenced to two years in prison
Quick Take An Austin, Texas, man received a two-year sentence for falsely underreporting capital gains earned from selling $3.7 million in bitcoin — marking the first criminal tax evasion prosecution centered entirely on cryptocurrency. The false tax returns were filed by Frank Richard Ahlgren III between 2017 and 2019. They did not report or underreported…
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Zimbabwe Introduces New Land Tenure Policy to Empower Black Farmers, Marking a Shift from Mugabe Era
Zimbabwe’s government has unveiled a groundbreaking initiative aimed at empowering black farmers through a new Land Tenure Implementation Program. Announced on December 20, 2024, this program seeks to address long-standing issues rooted in the controversial land reform program of the early 2000s under former President Robert Mugabe. A New Era for Black Farmers Central to…
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Rastafarian Community in South Africa Faces Ongoing Cannabis Arrests Despite Decriminalization
The South African Human Rights Commission (SAHRC) has formally addressed National Police Commissioner Lieutenant General Fannie Masemola, voicing concerns over the continued arrests of adult private users, possessors, and cultivators of cannabis. This issue has disproportionately impacted members of the Rastafarian community, despite cannabis being decriminalized for private use in South Africa and a South…
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Apple Faces Lawsuit Over Allegations of Exploiting Illegally Mined Minerals from Congo
The Democratic Republic of Congo (DRC), a nation rich in natural resources yet plagued by the systemic exploitation of its mineral wealth, has taken a bold step in the global arena by filing a lawsuit against Apple Inc., the world’s most valuable company. The claim centers on accusations that Apple has indirectly profited from the…
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Russian Oil in West Africa: The Role of Demex and the Risks to African Sovereignty
In the wake of Western sanctions imposed due to the Ukraine conflict, Russia has sought alternative avenues to distribute its oil, with West Africa emerging as a significant destination. Central to this operation is Demex, a discreet trading firm based in Dubai, facilitating the flow of Russian petroleum products into the region. Countries Affected and…
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