Category: African Business
-
Floods in Nelabatu, Nimba County, Liberia: Creek Overflow Causes Devastation
In the town of Nelabatu, Nimba County, Liberia, a disastrous flood has swept through the region, leaving destruction in its wake. The flooding began when a local creek, known to residents as a lifeline for water and fishing, overflowed due to heavy, continuous rainfall that began early this week. The relentless downpour caused the creek…
-
Plunder Capitalism: Land Grab Tactics in West Africa
panafrican.email Private property is the cornerstone of individual and family wealth, especially in West Africa, where land is closely tied to identity, community, and survival. Yet, the phenomenon known as plunder capitalism is threatening the very foundation of this wealth, as private equity players and multinational corporations employ a range of tactics to seize land…
-
Indian manufacturer Tata to build defense plant in Morocco, India’s first overseas defense venture
Tata Advanced Systems Ltd will build the defense plant in Casablanca and produce WhAP amphibious armored vehicles for the Royal Moroccan Armed Forces, according to The Economic Times. These vehicles are already in limited service with the Indian Army and are deployed on the border with China. The facility, which is expected to be operational…
-
Zambia eyes economic rebound after historic drought, targeting growth and deficit reduction in 2025
Finance Minister Situmbeko Musokotwane outlined the government’s plan in his budget speech on Friday, projecting a growth rate of 6.6% in 2025, compared to a forecasted 2.3% growth in 2024. The economic recovery is expected to be driven by improved performance in the mining and agricultural sectors. The drought induced by the El Niño climate…
-
Satellites will allow the AES to strengthen its defense and secure communications
Satellites will allow the AES to strengthen its defense and secure communications, Malian minister says Earlier this week, the AES ministers announced the upcoming implementation of a satellite communication and remote sensing project, with Russian support. Malian Minister of Economy Alousséni Sanou specified the advantages of the telecommunications satellite project in an interview with Sputnik…
-
Tanzania orders 20% of gold exports to its central bank for reserve diversification
To bolster its foreign reserves and combat the depreciating shilling, the Bank of Tanzania began purchasing gold from local traders and miners last fiscal year, acquiring 418 kg. The bank aims to purchase 6 tonnes of gold in the current fiscal year. The Tanzania’s Mining Commission announced that a new mining law, effective October 1,…
-
Libya rivals ink UN-backed deal on new central bank leadership
Representatives of war-torn Libya’s rival administrations on Thursday signed an agreement to name a new governor for the beleaguered central bank that could restore economically vital oil production, the UN said. Tensions and violence have risen since early August around the central bank in oil-rich Libya, which is split between a UN-recognised government in the…
-
Haiti key port closed to land access after gang attacks
Land access to a vital supply port in the Haitian capital of Port-au-Prince is being closed off after attacks by armed gangs, operator Caribbean Port Services (CPS) said on Thursday. “CPS will shut its barriers to all types of land-based traffic from Sept. 26 to Sept. 29,” it said in a statement, saying that the…
-
Prince William Appeals to World Leaders at the UN Just Hours After Prince Harry’s Appearance
It was a tale of two princes during UN Climate Week on Tuesday, Sept. 24. While Prince Harry has been making the rounds to various charitable organizations in NYC, his brother, Prince William, also gave a speech to the United Nations just hours after Harry made his own in-person appearance. The Prince of Wales, 42, delivered a speech via…
Recent Posts
- 🇰🇪🇫🇷 Kenya and France are organizing the Africa Forward 2026 summit
- Cannes opens 79th edition with Eye Haïdara at the helm of ceremony
- African Men Exiting Traditional Workforce for Entrepreneurship
- 🇬🇭President Mahama Dedicates Modern Kasoa New Market Amid Economic Revival Push
- 🇿🇦🇰🇪🇳🇬 Top 10: Financial Services Platforms in Africa
Tags
Africa African Union Algeria Burkina Faso China Cryptocurrency DRC ECOWAS Egypt Ethiopia France Ghana Gold Guinea Haiti Immigration Israel Kenya Liberia Libya Mali Military Industries Mining Morocco Niger Nigeria Oil & Gas Industry Pan-Africanism Pan African Nations Presidential Elections Protest Republic of Liberia Russia Senegal Sierra Leone Somalia South Africa Sudan Tanzania Uganda United Nations United States United States of America West Africa Zimbabwe
Comments
Wow wonderful blog layout How long have you been blogging for you make blogging look easy The overall look of…
𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .