Category: African Business
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Bobi Wine’s National Unity Platform Seeks North American Support
Kampala, September 3, 2024 – Uganda’s opposition leader, Bobi Wine, and his National Unity Platform (NUP) have recently concluded a strategic tour across the United States and Canada. The tour aimed to garner political, intellectual, and diaspora support amid rising tensions between the Ugandan government and Western diplomatic circles. During their North American visit, Bobi…
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Delta Holding Lands Contract for Major Rif Highway Project
Rabat, September 3, 2024 – Delta Holding, a prominent Moroccan construction and industrial group, has secured a significant contract to develop a key segment of the Rif Highway. This ambitious project, stretching along the scenic Mediterranean coast, is expected to enhance connectivity and stimulate economic growth in the region. The contract, awarded to Delta Holding’s…
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Burkina Faso Reclaims Gold Mines From Largest British Mining Firm In Bold Step Towards Resource Sovereignty
In a bold and significant move, Burkina Faso has reclaimed control of two of its major gold mines, marking a shift towards greater resource sovereignty. The Boungou and Wahgnion gold mines, previously owned by an African mining company, have now been nationalized by the Burkinabé government as part of a deal finalized on August 27,…
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DeFi: MetaMask Card launched with Mastercard
Today we highlight the following: PROTOCOLS: MetaMask Card Brings Crypto Payments to the Real World MetaMask and Mastercard have teamed up to create the MetaMask Card — a debit card that connects directly to the owner’s MetaMask account. The wallet has most recently reported 30 million monthly active users. The card allows users to spend their…
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TotalEnergies and Amni to Invest Over $1bn in Ima Gas
TotalEnergies is intensifying its investments in Nigeria’s energy sector with a focus on expanding its presence in the gas industry. The French energy giant, in collaboration with Amni International, is set to invest over $1 billion in the development of the Ima gas field. This substantial investment underscores TotalEnergies’ commitment to enhancing its gas production…
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Air Sénégal Finally Settles Most of Carlyle Aviation Debt
In a significant financial move, Air Sénégal has successfully settled the majority of its debt with Carlyle Aviation Partners, a global aircraft leasing giant. This development marks a crucial step forward for the West African carrier, which has been grappling with financial challenges amid the broader economic impacts of the COVID-19 pandemic and rising operational…
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Nigeria: Police Arrest Notorious Pirate, Delivering Significant Blow To Internet Piracy
In a significant victory against internet piracy, the Intelligence Response Team (IRT) of the Force Intelligence Bureau has successfully apprehended the operator behind the notorious pirate domain www.score808.com.ng. This domain was infamous for illegally streaming MultiChoice (SuperSport) content, drawing millions of visits from across Africa and beyond. The arrest, which took place on August 22,…
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Data on 2.9 Billion People Leaked on Dark Web After One of the Largest Breaches in History
Criminals have posted on the dark web a database containing data on 2.9 billion people, offering to sell it for $3.5 million, according to a lawsuit filed in Florida. Very few data breaches have the dubious honor of being among the largest in history. According to a Bloomberg Law report, the information posted on the dark…
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Africans don’t require authorization from former colonial powers to reclaim their appropriated artifacts, the Togolese foreign minister says
African peoples and the Afro-descendant diaspora do not have to ask permission from former colonizers to “talk about memory”, declared Robert Dussey during a pre-congress in preparation for the 9th Pan-African Congress in Lome. This event will be an opportunity to “take concrete actions” to give meaning to the Pan-Africanist struggle, affirmed the minister without…
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Central Bank officials flee Libya
The head of the Central Bank of Libya, Sadiq al-Kabir, and other senior officials left the country to save their lives and those of their families. The militias threaten and terrorize bank employees, and sometimes kidnap children and relatives to force them to go to work,” al-Kabeer said.
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