Category: African Business
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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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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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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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Is Telegram actually a crypto company?: A Game-Changer for Digital Finance
In a surprising turn of events, Telegram, the messaging app renowned for its privacy features and secure communication, has quietly emerged as a significant player in the cryptocurrency space. While the platform has long been a favorite among tech-savvy users and privacy advocates, recent financial disclosures have unveiled a new facet of Telegram’s operations that…
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Haitian and Kenyan police try to oust gangs from a rough part of Haiti’s capital
Haitian forces working with police sent from Kenya have launched a joint operation to oust criminal gangs from one of the roughest neighborhoods of Haiti’s capital, Prime Minister Garry Conille said Wednesday. Conille spoke at a hospital in Port-au-Prince where three Haitian policemen were recuperating after being injured in a shootout Tuesday during the joint…
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BRICS Bank anticipates greater utilization of local currencies
BRICS Bank anticipates greater utilization of local currencies, NDB chief says The US dollar has the tendency to disrupt financial markets in developing countries president, the New Development Bank’s (NDB) president, Dilma Rousseff, said during the opening of the NDB Board of Governors’ plenary session. Thus, the NDB is placing a strong emphasis on promoting…
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