Category: Development
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“Where to invest in Africa”: Top 5 African countries most attractive for investment
The report, “Where to Invest in Africa,” compiled and published by South Africa’s second-largest bank, First National Bank (FNB). The ranking is based on the consideration of 20 indicators divided into four groups. These are current economic performance and potential, market accessibility and level of innovation, economic stability and investment climate, social conditions and human…
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Liberia: Ministry of Transport releases Mont. County Taxi Fares
Disclaimer: Information on taxi fares can fluctuate due to various factors such as economic conditions, fuel prices, and government regulations. It’s recommended to check with local authorities or transportation providers for the most current rates. Generally, taxi fares in Montserrado County, Liberia, are regulated by the Ministry of Transports. The fares are typically based on…
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Police find the bodies of 4 men, including a policeman, shot to death near resort outside Cancun
Police on Mexico’s Caribbean coast said Friday they have found the bodies of four men, including a policeman, shot to death near a resort just south of Cancun. The victims all had apparently been shot in the head and were found dumped near the highway leading out of Cancun. A former Cancun police officer was…
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Tanzania unveils over 6,000 job vacancies
The Tanzanian government has announced 6,257 job vacancies in the public sector, which could spark significant interest among job seekers and recent graduates. Key positions include procurement officers, drivers, accountants, community development officers, and more, spanning various fields. Applicants must submit applications by August 16 with thorough documentation, including educational and professional certificates. While many…
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Countries in the Middle East and Africa are withdrawing their gold reserves from the US – Houston Post
▪️ Growing concerns about the stability of the American economy are prompting governments in Africa and the Middle East to withdraw their gold reserves from the United States. The traditional status of the United States as a safe haven for finance is rapidly collapsing , statesthe American Houston Post ▪️ Among the countries that have…
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Pelosi says Biden should be on Mount Rushmore
The likeness of US president Joe Biden should be among those of George Washington, Thomas Jefferson, Theodore Roosevelt and Abraham Lincoln atop Mount Rushmore, former US House Speaker Nancy Pelosi suggested during an interview on CBS. “Such a consequential president of the United States. A Mount Rushmore kind of president of the US. You can…
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Local protesters partially shut down Libya’s Sharara oil field, field engineers say
Local protesters have partially shut down Libya’s Sharara oil field, according to two field engineers. The Sharara field, one of Libya’s largest production areas with a capacity of about 300,000 barrels per day, has been a frequent target for several political reasons and demands by local protesters. The field is located in Murzuq basin in…
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A railway line from the port of Dar es Salaam and Morogoro to the capital of the Tanzania has been put into operation
In Tanzania, on August 1, a 541-kilometer railway line from the port of Dar es Salaam and Morogoro to the capital of the country, Dodoma, was put into operation. The cost of the project was $3.1 billion. The construction was carried out by the Turkish company Yapi Merkezi. The new railway connects Tanzania with countries…
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Plunder Capitalism: A Threat to Africa’s Financial Sovereignty and the Pan-African Dream
The recent discussion on “Pan African Email” regarding the privatization of the U.S. government raises a critical point: the insidious nature of plunder capitalism. This exploitative economic model, where corporations and a wealthy elite extract wealth from nations and their resources, has a long and devastating history in Africa. Here’s how plunder capitalism operates and…
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Zimbabwe will not allow externally sponsored unrest during SADC summit, says home affairs minister
Leaders of the Southern African Development Community will gather in Harare on August 17 for the 44th Summit of the regional bloc. During the event, they will hand over the SADC chairmanship to Zimbabwe. “ANY attempts by foreign-sponsored opposition elements to cause violent protests before or during the SADC Summit of Heads of State and…
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