Category: International Business & Finance
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๐ท๐บ๐ณ๐ฌ Dangote warns influx of Russian fuel threatens Africaโs refining industry
Nigerian billionaire Aliko Dangote has warned that heavily discounted Russian petroleum products are flooding African markets, threatening the continentโs emerging refining sector. Speaking at an oil conference in Abuja, Dangote said sanctions on Russian oil have pushed Moscow to offload fuel at steep discounts in Africa, often delivering substandard or toxic products that would be…
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๐ฌ๐ญ Ghana Joins the African Economic Sovereignty Bloc: A Bold Move Toward True Independence
In a stunning and historic turn of events, Ghana has officially joined the African Economic Sovereignty (AES) blocโa powerful new alliance of African nations committed to economic independence and regional self-determination. This bold move is already sending ripples through global financial institutions, regional power dynamics, and the hearts of Pan-Africanists worldwide. What does this really…
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How customs agents stop stolen cars from leaving the Port of Norfolk
Stolen cars arrive at the Port of Virginia regularly. panafrica.email got an inside look at how Customs and Border Protection is working to seize them. NORFOLK, Va. โ In fiscal year 2025 alone, U.S. Customs and Border Protection officers have intercepted more than $6.5 million in stolen cars from the Port of Virginia. On Thursday…
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๐ฒ๐ฆ Atlas Lionesses roar into Afcon semi-finals, sparking celebrations in Rabat
Fans poured out of Rabatโs Olympic Stadium in high spirits on Sunday evening, following Moroccoโs 3โ1 win over Mali in the Womenโs Africa Cup of Nations. The victory secured the Atlas Lionesses a spot in the semi-finals and brought waves of celebration to the capital. Supporters gathered in large numbers, singing, waving flags, and expressing…
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๐ฌ๐ถ Equatorial Guinea Accuses France of Neocolonialism over Seized Paris Mansion
Equatorial Guinea has accused France of neocolonialism at a UN hearing in The Hague, following the confiscation of a โฌ100 million mansion in Paris. The property was seized after Vice President Teodorin Nguema Obiang โ son of President Teodoro Obiang โ was convicted by a French court on corruption and embezzlement charges in 2021. Obiang…
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๐ฑ๐ท Liberians Protest Against President Boakaiโs Government Over Corruption and Economic Mismanagement
Monrovia, Liberia โ Thousands of Liberians have taken to the streets in protest against President Joseph Boakaiโs administration, accusing it of widespread corruption and economic mismanagement. The demonstrations, which have grown in size over recent weeks, reflect growing frustration over rising living costs, unemployment, and allegations of graft within the government. Protesters in the capital,…
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๐ฟ๐ฆ Nelson Mandela International Day 2025: The power to end poverty is in our hands
Former South African President Nelson Mandela was born on July 18, 1918. In 2006, the United Nations declared July 18 Nelson Mandela International Day in recognition of his contribution to the struggle for democracy internationally and the promotion of a culture of peace throughout the world. After 27 years in prison, Nelson Mandela walked free…
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๐ฒ๐ฆ Morocco Accelerates Military-Industrial Growth Under King Mohammed VIโs Sovereignty Vision
Introduction:Under the directives of King Mohammed VI to enhance Moroccoโs military sovereignty, the kingdom is aggressively expanding its defense industry, prioritizing partnerships with medium-sized manufacturers. The move aims to reduce reliance on foreign arms imports and position Morocco as a key player in Africaโs growing defense sector. Key Developments:Morocco has rolled out incentives, including tax…
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French first lady Brigitte Macron to take libel case to highest court of appeals
Brigitte Macron is not backing down in her legal battle against two women who have claimed the French first lady was born a man.ย Last week, a Paris appeals court overturned earlier convictions that found the two women guilty of spreading false claims. The court ruled that they had acted in good faith and quashed…
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Electric Vehicle Sales in Africa More Than Doubled, Reaching Nearly 11,000 in 2024
The surge is driven by policy incentives and the growing availability of relatively affordable Chinese-made EVs. Although EVs still account for a small market share (under 1%), sales exceeded 2,000 units in countries like Morocco and Egypt. The IEAโs Global EV Outlook 2025 report highlights how local policies and shifting trade dynamics are reshaping Africaโs…
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