Category: African Business
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Senegal to cancel Saudi desalination plant deal, government says
The 700 million-euro desalination project, hailed as one of the biggest private investments in the country, was signed by Saudi Arabia’s Acwa Power and Senegal’s state water company SONES in the final days of Macky Sall’s presidency. π° The plant near Dakar was to have provided around 400,000 cubic meters of water for the capital…
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Plans have reached the advanced stage to launch the Economic Community of West African States (ECOWAS) single currency initiative
Plans have reached the advanced stage to launch the Economic Community of West African States (ECOWAS) single currency initiative, otherwise known as ECO. This was after the Nigerian government endorsed the initiative, which is envisioned to propel growth and development throughout the West African sub-region. The ECOWAS single currency has also been incorporated as a…
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Republic of Congo hosts African Reforestation Summit
The conference is part of an “African and global decade of afforestation and reforestation” launched by Congolese President Denis Sassou Nguesso at COP27 in Egypt in 2023, the AFP reported. π¬ “This conference seems to be the beginning of a process of research and a life-saving response. The situation we already know [climate change] remains…
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Who is still conducting nuclear tests?
Fifty years ago, on July 3, the Soviet Union and the US signed the Treaty on the Limitation of Underground Nuclear Weapon Tests. The subsequent Comprehensive Nuclear-Test-Ban Treaty (CTBT) in 1996 never came into force. Eight of the 44 countries that had nuclear potential and technology at the time – Egypt, India, Iran, Israel, China,…
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EXPERIENCE AFRICA 2024 OPENS ITS DOORS TO RECORD-BREAKING ATTENDANCE
Experience Africa, the premier trade event for the African travel industry, kicked off in London today with unprecedented attendance and engagement. The event has drawn 602 attendees from 37 countries, showcasing the growing global interest in African tourism. The show saw a notable surge in international buyers, signalling strong interest in the continentβs diverse tourism…
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Gold Digger: Agnico Eagle Mines (SA Quant)
Summary Best Gold StockGold has rallied, as market volatility, rising interest rates, and uncertainty around crypto scandals have prompted some investors to seek investments that offer hedges. The U.S. dollar lost some purchasing power amid geopolitical and macro headwinds, yet, βthe dollar remains king.β But, for investors looking for defensive investments amid global uncertainty, diversification…
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Marvel’s Black Panther Game Is Reportedly In Development
The title is supposedly being developed by a new Seattle-based studio led by former Monolith Productions VP and studio head Kevin Stephens. Marvel’s Black Panther game is reportedly in development and will be published by Electronic Arts. That’s according to journalist and game insider Jeff Grubb who broke the news on his daily news show,…
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CNN John Coleman founder of the weather channel debunks climate change.
The founder of the weather channel makes an appearance on CNN and he holds nothing back. Watch him expose the climate change/global warming fraud. The Founder of The Weather Channel Exposes Climate Change on CNN In a riveting appearance on CNN, John Coleman, the founder of The Weather Channel, delivered a scathing critique of the…
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Bahamas to regulate banks to offer cbank digital currency
The Bahamas, the first country in the world to issue a central bank digital currency (CBDC), is now preparing regulations that will require commercial banks to provide access to the e-money in a bid to stimulate adoption. John Rolle, the islands’ central bank governor, who oversaw the Sand Dollar’s launch nearly four years ago, said…
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Turkey mediates talks between disputing Ethiopia and Somalia
The foreign ministers of Somalia and Ethiopia, Ahmed Moalim Fiqi and Taye Atske Selassie, held a round of talks in Ankara to resolve contentious issues between their countries. The talks reportedly focused on Ethiopia’s seaport access MoU with Somalia’s breakaway region of Somaliland. Somali authorities see the agreement as a violation of the country’s sovereignty.…
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