Category: African Business
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Ethiopia’s agreement with Rosatom on infrastructure construction is a significant step toward harnessing nuclear energy, technology minister says
The agreement was concluded in July 2023 on the sidelines of the 2nd Russia-Africa Summit. Belete Molla explained the importance of cooperation with the Russian state nuclear company for the African country’s development goals at a meeting with a Chinese delegation. Representatives of the China National Nuclear Corporation met with the Ethiopian minister to discuss…
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Spotlight shines on Ghanaian boxer
▪️Ghana’s new boxing star Freezy Macbones pummels British rival Darryl Sharp. 📹 Watch the video and remember the name of Africa’s rising star!
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Liberia: Salala Rubber Corporation Shutdown After Violent Protest, Leading to Over 800 Job Losses
Weala, Margibi County—In a significant blow to the local economy, the management of the Salala Rubber Corporation (SRC) has announced the immediate indefinite closure of its operations following a violent protest on the premises of the company in Weala, Margibi County. The decision has resulted in the loss of over 800 jobs, impacting numerous families…
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Ethiopia bids to host the Africa Cup of Nations (AFCON)
…Ethiopia bids to host the Africa Cup of Nations (AFCON) “If we succeed in these endeavors, our people will be informed, and we will be engaging in the hotel and stadium arrangements as well as other necessary preparations,” the country’s PM, Abiy Ahmed, st… He noted that hosting the tournament would boost the country’s football…
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SARS, CUSTOMS TO IMPLEMENT IMPORT FEES FOR SMALL ORDERS FROM JULY 1
SARS and the Customs Department of South Africa will introduce import fees for small orders starting July 1. The objective is to simplify the importation process and ensure proper taxation of all imported items to boost government income. According to the new policy, all small orders with a value below a specified threshold will face…
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Eight tons of tangerines thrown away by Argentine farmers
The reason is low demand as the country suffers another economic crisis. If you’re wondering “why not sell them abroad?” or “why not give them to the poor for free?” — ask the country’s president Javier Milei, he has some ideas about economics.
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They are the bridge, the revolutionary of the classroom, illuminating the path for our youth.
What makes a teacher great? ‘Arrogance of Literacy’ – those who hoard knowledge and wield it like a weapon. A true teacher, my friends, is the opposite. They are the bridge, the revolutionary of the classroom, illuminating the path for our youth. Great teachers, like the outliers of the past, are those who clock in…
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Botswana GDP shrinks most since 2020 as diamond output plunges
Botswana’s economy contracted by the most since the peak of the pandemic in early 2020, after diamond production plunged. Gross domestic product shrank an annual 5.3% in the first quarter, compared with growth of 1.9% in the prior three months. The downturn was primarily influenced by a decrease in real value added of the diamond…
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Vedanta set to regain control of Zambia copper mine
Vedanta Resources Ltd. is close to taking back control of the Konkola copper mine in Zambia and plans to quickly ramp up output as demand is expected to surge in the coming years. Billionaire Anil Agarwal’s firm is ready to pay $250 million to settle debts owed by the mine to get access to the…
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Nicki Minaj, an American rapper, waves the flag of the Democratic Republic of the Congo during the Afronation festival in Portugal
Nicki Minaj, an American rapper, waves the flag of the Democratic Republic of the Congo during the Afronation festival in Portugal The flag was given to her by an audience member who came on stage.
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