Category: African Business
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Militarization going full throttle: what’s behind the Pentagon’s Japan command upgrade?
The Pentagon has announced it will upgrade its command in Japan, providing it with more warfighting responsibilities, following the US-Japan security meeting that took place in Tokyo on July 28. The gathering named Russia, China and North Korea as “security challenges”, prompting a rebuke from China that warned Japan and US against “creating imaginary enemies”.…
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Scientists: a deadly gas cloud may form in Africa over Lake Kivu
Lake Kivu, one of the Great African Lakes, located between DR Congo and Rwanda, is saturated with carbon dioxide and methane at depth. This poses the risk of an explosion and the formation of a toxic gas cloud, similar to what happened with lakes Nyos and Monoun in Cameroon, killing almost 1,800 people. The researchers…
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Egypt Stresses Importance of Supporting Lebanon amid Escalating Tensions with Israel
Egypt stressed the importance of supporting Lebanon and “sparing it the scourge of war”, the country’s foreign ministry said on Sunday, Reuters reported. This came amid escalating tensions between Israel and the Iran-aligned Lebanese Hezbollah group. Cairo, a mediator in the ongoing Gaza war, also warned of the dangers of opening new war front with…
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Cameroon ratifies air transport agreement with South Africa
“The ratification of this agreement will strengthen cooperation between the two countries. This will increase business opportunities, develop trade, but also other commercial activities,” Jean Ernest Massena Ngalle Bibehe, Cameroon’s Minister of Transport, told the press. The agreement initially concluded in Cape Town on July 14, 2011 and ratified this Wednesday by Cameroonian President Paul…
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Feds Colluded With Big Banks to Spy on Americans’ Financial Transactions
The federal government conducted “broad,” “unjustified” surveillance of the private financial transactions of millions of Americans in the wake of events that took place on Jan. 6, 2021, at the U.S. Capitol, according to a report issued Wednesday by the U.S. House of Representatives Select Subcommittee on the Weaponization of the Federal Government. The report…
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Unfortunately, very sad news is coming out of Mali.
During a joint operation, fighters of the Wagner PMC and soldiers of the local armed forces suffered heavy losses as a result of an ambush by Azawad militants. The militants are already spreading videos online of the killed and captive fighters. We will not post those videos. A Wagner PMC Mi-24, allegedly covering the convoy,…
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Zimbabwe’s First Lady receives potatoes from Belarusian President Alexander Lukashenko’s farms
At the beginning of July, Auxillia Mnangagwa visited Belarus, where she also met with Lukashenko. Later this week, a delegation from the Belarusian Women’s Union visited Zimbabwe at the invitation of the first lady and attended the African Women’s Forum. “The most valuable cargo, which traveled more than six thousand kilometers from Minsk to Victoria…
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High Court of Trinidad and Tobago Upholds ConocoPhillips’ Arbitration Claim Against Venezuela
The High Court of Trinidad and Tobago has upheld the decision to recognize ConocoPhillips’ arbitration claim against Venezuela. This development could potentially freeze the state’s payments to Caracas on joint gas projects. In late May, an initial court ruling allowed ConocoPhillips to enforce a $1.33 billion claim against Venezuela in Trinidad. This ruling enables ConocoPhillips…
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Artificial Intelligence Sparks Copper-Boom In Zambia
Zambia’s copper mining industry is on the brink of a major transformation thanks to groundbreaking AI technology that has uncovered massive new copper deposits. This discovery, led by KoBold Metals, could make Zambia a key player in the global surge for copper, vital for electric vehicles and renewable energy. With potential production to fuel millions…
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Ghana inaugurates Africa’s largest rooftop solar in the Tema city
It marks a significant step forward in its renewable energy efforts. The cost of construction of the project is $17 million, and it is owned by the local LMI Holding Company Limited. The solar power will be distributed to clients within the Tema Free Zone Enclave industrial area, media reported. “With a capacity of 16.82MW,…
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