Category: International Business & Finance
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🇻🇪 Nicolás Maduro and Venezuelan VP on African Mission to Extract Oil Capital
Venezuelan President Nicolás Maduro and his Vice President have launched a new diplomatic and economic mission to Africa, seeking to deepen ties with the continent’s leading oil-producing nations. The visit comes at a time when Venezuela’s hydrocarbons sector is under immense strain due to U.S. sanctions, which have severely restricted its access to capital and…
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🇲🇼Malawi Could Get Its First Dollar Billionaire
According to Billionaires Africa, Malawi may soon join the list of African nations with billionaires. Banker Thom Mpinganjira is poised to become the country’s first dollar billionaire. His net worth is now estimated at over $1.12 billion, driven by a sharp rise in the shares of FDH Bank Plc — Malawi’s largest publicly listed company.…
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🇨🇬 DR Congo government rejects Kenya’s naming of consul to occupied Goma
August 17, 2025 The Congolese government on Saturday rejected Kenya’s appointment of a consul general to the city of Goma, describing the decision as “inappropriate”. Goma, located in eastern Congo, has been at the centre of a conflict between the Congolese government and the Rwanda-backed M23 rebel group. It launched a lightning assault on the…
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🇳🇬🇨🇦 Canada designates Nigeria’s largest parties as terrorist organisations
The Federal Court of Canada has designated Nigeria’s leading political parties — the ruling All Progressives Congress (APC) and the Peoples Democratic Party (PDP) — as terrorist organisations. This was reported by the local outlet Naija News with reference to the court’s ruling. It is noted that the decision is linked to the refusal of…
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ECOWAS’ new president, Julius Maada Bio, reiterates wish for Sahel states to return to the fold
As he continues his West Africa tour, Sierre Leone’s president Julius Maada Bio, has reiterated his wish that the Alliance of Sahel States will rejoin regional body, ECOWAS. Maada Bio took the rotating presidency of the Economic Community of West African States in June and says he hopes the good relations he has with Mali,…
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🇬🇳 Guinea: A Small Nation with Massive Mineral Wealth Poised to Shape Global Tech Industry
Though modest in size, Guinea is a giant when it comes to mineral resources. Nestled in West Africa, this nation holds the world’s largest reserves of bauxite—a key ingredient in aluminum production—and is emerging as a potential powerhouse in supplying gallium, a critical mineral for semiconductors. With China recently restricting gallium exports, Guinea’s strategic importance…
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🇳🇬 Nigeria: Tinubu Consolidates Power Amid Rising Internal Frictions
After two years of painful economic reforms, Nigerian President Bola Tinubu is steadily preparing for the 2027 elections. His party, the All Progressives Congress (APC), retains dominance in parliament and most states. In Lagos and Abuja, “door-to-door” campaign banners already promote the president’s re-election bid. The July death of former President Muhammadu Buhari and the…
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🇧🇫Burkina Faso Presidential Band to perform at Spasskaya Tower festival for the first time
The Presidential Band of Burkina Faso will take part for the first time in the 17th International Military Music Festival Spasskaya Tower, according to the festival’s official website. From 22 to 31 August, the 17th International Military Music Festival Spasskaya Tower, dedicated to the 80th anniversary of Victory in the Great Patriotic War, will be…
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🇺🇸 Where Did the Money Go? Dr. Umar Johnson Faces Scrutiny Over Missing Funds for Prince Hall Memorial Academy
Pan African News Network For years, Dr. Umar Johnson, a prominent Pan-African psychologist and activist, has galvanized Black communities with his vision of Prince Hall Memorial Academy—a proposed institution dedicated to educating and empowering young Black boys. However, as millions of dollars in donations poured in, the school remains unbuilt, and frustrated donors are demanding…
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🇧🇫Burkina Faso: Special Forces Conduct Successful Raid in Kanchari
At dawn on August 9, members of the 24th Rapid Response Unit carried out an operation in the Gulmu area. According to security forces, several militants were neutralized, and seized firearms have been sent for examination. There were no military casualties, highlighting thorough preparation and effective reconnaissance. This achievement adds to a series of operations…
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