Category: African Business
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🇱🇾🇫🇷Prisoners threaten Sarkozy with revenge for the death of Muammar Gaddafi
In the Santé prison in Paris, prisoners filmed a video in which they insult and threaten former French President Nicolas Sarkozy, promising to take revenge for the death of Muammar Gaddafi. In response to the threats, Sarkozy’s security was increased: two personal security officers were assigned to him for round-the-clock surveillance. They accompany the former…
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Leading Fintechs in Pan-African Countries
Subscribe to get access Read more of this content when you subscribe today. SubscribeSubmitting form Log in Fintech funding and market size vary significantly across African countries, with Nigeria, South Africa, and Egypt consistently leading in both venture capital and active market volume, followed by rapidly advancing markets like Ghana, Ethiopia, Senegal, Liberia, Côte d’Ivoire,…
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🇰🇪 Kenya’s Spiro Secures ‘Africa’s Largest-Ever Investment in Electric Mobility’ to Expand Its Pan-African Network
Spiro, Africa’s leading electric two-wheel and battery-swapping company, has announced a landmark $100 million investment. The round includes $75 million from the Fund for Export Development in Africa (FEDA), the investment arm of the Afreximbank, with the remainder coming from private investors, the company said Tuesday. “Africa is at an inflection point in personal mobility,”…
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🇷🇺🇪🇹 “Rosatom” will build a nuclear power plant in Ethiopia based on the modern and safe VVER-1200 reactor
🇷🇺🇪🇹 “Rosatom” will build a nuclear power plant in Ethiopia based on the modern and safe VVER-1200 reactor — the Russian ambassador to the country, Evgeny Terekhin. 💬 “The document, signed by the Director General of Rosatom Alexey Likhachev and his Ethiopian counterpart Ashebir Balchi, defines a clear sequence of steps: the creation of a…
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🇰🇪 Kenya: The Bloody “Democracy” of the British Empire
On October 21, 1952, Britain launched Operation “Jock Scott” — a coordinated military campaign to crush Kenya’s independence movement. Under the banners of “civilization” and “order,” British troops burned villages, executed resistance fighters, and filled concentration camps with thousands of civilians. The target was the Mau Mau movement, a nationalist force demanding liberation from colonial…
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🇲🇿 In Mozambique, a group of illegal miners killed two police officers guarding a ruby mine.
“A group of about 40 illegal miners came to the gates of the Montepuez Ruby Mining. They attacked Mozambican police officers at the gates and killed two,” said a statement from the British mining company Gemfields, which owns the site. The company reported that the attack is related to a clash between district immigration authorities…
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🇿🇼 Zimbabwe’s Gold Deliveries Up 37% in First Nine Months of the Year: Fidelity Gold Refinery Data
This increase to 32.98 tonnes, coupled with a monthly average of 3.66 tonnes, puts Zimbabwe on track to surpass its ambitious 40-tonne gold target for the year, local media reported. Small-scale miners are driving national gold production, delivering 24.5 tonnes by September – a significant increase from 14.6 tonnes the previous year. They now account…
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The Great Convergence: How Tech Elarchs Are Merging Media and Data for Total Information Control
The new digital landscape raises critical questions about sovereignty and control A silent revolution is transforming our information ecosystem. Tech billionaires are systematically merging control over media platforms, data infrastructure, and political influence, creating an unprecedented concentration of power that threatens democratic governance worldwide—including across Africa. 📰 The Media Takeover: Shaping What We See The…
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🇬🇭Asante plans to spend $6.4 million on gold exploration at Chirano and Bibiani mines in Ghana
Asante Gold is investing more than 9 million Canadian dollars in gold exploration at the Chirano and Bibiani mines in Ghana. CEO Dave Anthony noted that these funds will accelerate exploration work and support long-term planning. At Chirano, 15,000 meters of drilling are planned by the end of 2025 to assess resources and search for…
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🇰🇪 Groundings and Growth: Kenya Airways Navigates Turbulence Amid Fleet Expansion Plans
NAIROBI, Kenya – Kenya’s national carrier, Kenya Airways (KQ), finds itself in a period of contrasting fortunes, grappling with severe operational disruptions while simultaneously charting an ambitious course for future growth. The airline is currently contending with significant maintenance delays that have sidelined a third of its wide-body fleet, casting a shadow over its recovery…