Category: African Business
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Gabon’s new draft constitution published
The text accompanying the document notes that Gabon has entered a new stage in its history, which requires a revision of the legislative framework and the establishment of civilian rule after the overthrow of the Bongo dynasty in a coup in 2023. Among the main provisions, a new system of government is noted: the post…
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French nuclear multinational Orano halts uranium output at Niger’s Arlit mine amid financial strain
Orano will suspend production at its Arlit uranium mine in northern Niger due to financial difficulties faced by its Nigerien subsidiary, Somaรฏr. The decision comes as border closures between Niger and Benin, triggered by the July 2023 coup, have blocked all uranium exports. The Arlit uranium mine in northern Niger is operated by its local…
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In Ghana, Sahel jihadis find refuge and supplies, sources say
Islamist militants fighting in Burkina Faso are discreetly using Ghana’s north as a logistical and medical rear base to sustain their insurgency, say seven sources, a move that could help them expand their footprint in West Africa. The sources, who include Ghanaian security officials and regional diplomats, said Ghanaian authorities appeared to be mostly turning…
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๐ธ๐ด๐ฎ๐ฑ Israel-Somaliland Military Deal to Spark Diplomatic Tensions with Somalia
Israelโs plans to establish a military base in Somaliland is likely to heighten diplomatic tensions between Somalia and the Middle Eastern state. According to the Qatari state-funded Middle East Monitor, Israel is eyeing a northern Somalia military base to monitor activities in Yemen and the Bab al-Mandab Strait. In exchange, Israel is expected to recognise…
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Reparations Conference: Build Principled Unity With All Colonized & Oppressed Peoples
Join us for Day 2 of the National Days of Reparations to African People campaign! Reparations Conference: Build Principled Unity With All Colonized & Oppressed Peoples ๐ Location: Uhuru Solidarity Center, 2654 Gravois Ave, St. Louis, MO and ZOOM๐ Time: 10 AM โ 5 PM CT (breakfast meet & greet at 9am) The Reparations Conference features keynote speaker Chairman Omali Yeshitela, founder and leader of the African Peopleโs…
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๐ง๐ผ 1,094-Carat Diamond found in Botswana, one of the largest ever
A massive 1,094-carat diamond has been recovered from the Karowe mine in Botswana. This is the second discovery of a diamond weighing over 1000 carats at the mine this year. The newly found diamond shares similarities with a 692-carat diamond discovered earlier in 2023. Both are expected to yield high-value polished stones through an ongoing…
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Somalia Wants Ethiopia Excluded From Force Battling Al-Shabaab ๐ธ๐ด๐ช๐น
Somalia has issued conditions to Ethiopia for its inclusion in the African Union Support Mission in Somalia (AUSSOM) which is set to replace the African Union Transition Mission in Somalia (ATIMIS) in January 2025. In reaction to last week’s Ethiopian Foreign Affairs statement that Addis will not withdraw its 3000 troops in Somalia with or…
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The Federation Papers; a Pan African Manifesto
The East African Federation is an ambitious project to politically and economically integrate several countries in East Africa, including Kenya, Tanzania, Uganda, Rwanda, Burundi, South Sudan, and the Democratic Republic of Congo. The idea behind the federation is to merge these states into a single federal entity, governed by a central government, similar in some…
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Stripeโs $1.1 Billion Bet on Stablecoin Infrastructure with Bridge Acquisition
Stripe, once wary of crypto, has acquired Bridge, a startup focused on stablecoin payments, for $1.1 billion. Bridge processed $5 billion annually, but Stripeโs interest lies in the teamโs expertise and the productโs readiness to scale stablecoin-based financial services. With stablecoins processing $7 trillion in 2022, Stripe sees them as a modern alternative to legacy…
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๐ฌ๐ญ Bon appetit: How bread is made in Ghana?
In Ghana, bread is typically made by mixing ingredients such as flour, water, yeast, sugar, salt, and sometimes milk or butter. The dough is kneaded until smooth, allowed to rise, and then shaped into loaves. These loaves are baked in either traditional clay ovens or modern bakeries. In the West African country, bread is a…
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