Category: African Business
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Burkina Faso adopts a resolution to create an atomic energy agency in the country
g President Ibrahim Traore noted that the establishment of the agency will guarantee Burkina Faso’s energy independence and industrialization, as well as facilitate access to electricity. In June, representatives of the Russian state nuclear corporation Rosatom held a meeting in Ouagadougou with Burkina Faso’s Energy Minister, Yacouba Zabre Gouba, during which they discussed the construction…
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The US May Break Up Google: Android & Chrome at Risk
The US Justice Department is considering breaking up Google. This comes after a significant court ruling that found Google monopolized the online search market. Central to these discussions are the possible divestments of Google’s Android operating system and Chrome web browser, which could be spun off into separate entities. The ruling also puts Google’s exclusive…
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Nigeria now exports military hardware to African countries
Minister of State for Defense, Bello Matawalle, reportedly credited this achievement to the efforts of the Ministry of Defense and the new management of the Defense Industries Corporation of Nigeria (DICON) under the Bola Tinubu administration. Matawalle noted that this growing patronage will boost Nigeria’s foreign exchange earnings, create jobs, and reduce capital flight.ο¬ “We…
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UN: Floods in Central and West Africa affect over 700,000 people
The floods currently affecting Central and West Africa have already impacted more than 700,000 people, according to a report from the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). This alarming situation is the result of torrential rains that have hit the region just two months into the rainy season. “The Office for…
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“No one will go through Senegal to destabilize Mali or any other brotherly country,” Senegalese Prime Minister states
During his visit to Bamako, Ousmane Sonko recalled that he was “the first to denounce the embargo that was made on Mali by brotherly countries,” and he continues to maintain this position. Mali, Burkina Faso, and Niger, gathered within the AES, must be respected in their “sovereign choices,” Ousmane Sonko maintained. “So what are we…
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Russian preparatory faculties open doors for students in Ethiopia, Tanzania, and Zambia
The initiative by Russian humanitarian agency Rossotrudnichestvo is offering a new pathway for African students seeking higher education in Russia. The preparatory faculties allow aspiring students to study the Russian language and technical subjects for 10 months, preparing them for seamless integration into Russian universities. “Previously, students would arrive in Russia and spend a year…
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Algerian Foreign Ministry expresses concern over military activity in southwestern Libya
The Algerian Foreign Ministry expressed concern over military activity in southwestern Libya, calling on all parties to act with restraint and prudence. The ministry said Algeria shared the UN’s concerns about the military actions in the southwest of the country. Earlier, the United Nations Support Mission in Libya said it condemned the armed clashes that…
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After a 30-year pause, the railway connection between Algeria and Tunisia is officially back in operation
The National Company for Rail Transport in Algeria announced the resumption of services, with the inaugural commercial journey departing from Tunis on Sunday. The train line, covering a distance of 357 kilometers, will initially offer one daily service between Annaba in Algeria and Tunis, the capital of Tunisia, passing through several cities in both countries.…
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Egypt will bid for 2036 and 2040 Olympics, African Olympic committees chief says
Egypt will bid to host the 2036 and 2040 Summer Olympics, with the country’s improving infrastructure and sports facilities key for a successful African bid, said the head of the African national Olympic committees association (ANOCA) on Sunday. The continent has never staged an Olympic Games. Cairo last made an unsuccessful bid for the 2008…
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Dangote Refinery says Nigeria must enforce crude supply for local refiners
The Dangote Oil Refinery has called on Nigeria’s upstream oil regulator to force producers to abide by a law that stipulates they supply local refineries, saying that lax enforcement was raising its operational costs. The 650,000-barrel-per-day capacity refinery, built by Africa’s richest man Aliko Dangote on the outskirts of Lagos for $20 billion, has struggled…
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