Category: International Business & Finance
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Is an African pope a priority for the upcoming conclave?
Cardinals electing a new pope have some fundamental questions to weigh, beyond whether to give the Catholic Church its first Asian or African pontiff, or a conservative or progressive. Although they come from 70 different countries, the 133 cardinals seem fundamentally united in finding a pope who will be able to make the 2,000-year-old church…
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Morocco’s capital, Rabat, seeing uptick in luxury tourism
With its warm weather and rich history, the Moroccan capital Rabat is seeing a growth in its luxury tourism sector, with five new opulent hotels under construction. “We have approximately 10 luxury hotels, all of them international brands. The goal is to attract the largest number of foreign tourists,” says regional tourism delegate, Noureddine Sridi.…
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Ghana’s Central Bank to Regulate Crypto by September 2025
The Governor of the Bank of Ghana (BOG), Johnson Asiama, announced that the central bank plans to begin regulating cryptocurrency and related platforms by the end of September 2025, pending the passage of the Virtual Asset Providers Act. Speaking in Washington, D.C., Asiama stated that the BOG is establishing a dedicated digital assets unit, recognizing…
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Colombian President Gustavo Petro Claims US Visa Revoked by Trump Administration
BOGOTÁ, Colombia – In a revelation that underscores the complexities of international diplomacy in the post-Trump era, Colombian President Gustavo Petro has claimed that the Trump administration revoked his travel visa to the United States. The disclosure was made Tuesday during a Cabinet meeting in Bogotá, where Petro explained the reason for his absence from…
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Accra and Luanda Take the Lead in Organizing Global Africa Day 2025 in Washington
Washington, D.C., April 2025 – As the calendar inches closer to May 25, anticipation is building for Global Africa Day in the U.S. capital. Traditionally a vibrant gathering that spotlights the continent’s rich cultures, dynamic economies, and forward-looking leadership, this year’s commemoration will be spearheaded by Ghana and Angola—two nations eager to showcase Pan-African solidarity…
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New U.S. Tariffs Threaten Lesotho’s Textile-Driven Economy
Lesotho was recently hit with some of the highest tariff rates on record when U.S. President Donald Trump announced a 50% tariff on imports from the Kingdom. This decision comes at a critical time for Lesotho, whose economic stability relies heavily on the textile sector and trade benefits provided by the African Growth and Opportunity…
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🇿🇦🇳🇬🇬🇭Oxford English Dictionary Adds Nine New Loanwords from South Africa
‘Yoh,’ ‘Gatvol,’ and ‘Tjoekie’ join 20 words from Nigeria and Ghana recently added to the English dictionary. The Oxford English Dictionary (OED) has added nine new loanwords from South Africa to its latest update, headlined by the omnipresent interjection, Yoh. Used in everyday conversations by South Africans, Yoh is defined by the OED as “a cry or…
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Africa: Jiji Expands Beyond Africa With Bangladesh E-Commerce Entry
African online marketplace Jiji will launch operations in Bangladesh, marking its first expansion outside the continent. The move targets the country’s growing middle class, mobile connectivity, and expanding e-commerce sector, which is expected to reach $13 billion by 2027, according to Payments and Commerce Market Intelligence (PCMI). Jiji operates in seven African countries, including Nigeria,…
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🇱🇷 Liberia: Power Outage Disrupts Operations at Roberts International Airport
Monrovia – A temporary power outage has caused significant disruption to operations at Roberts International Airport (RIA) on Sunday evening. The Liberia Airport Authority (LAA) confirmed that the outage, which occurred around 5:00 PM, was due to an electrical issue originating from the Liberia Electricity Corporation (LEC) power grid. The disruption led to operational challenges…
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SignalGate: The Controversial Executive Order Targeting African American History Museums and Its Far-Reaching Effects
In a move that has sparked nationwide debate, former President Donald Trump recently signed an executive order dubbed “SignalGate”—a directive that takes aim at federal funding and oversight of African American history museums, particularly those that promote Pan-African narratives, reparations discourse, or critical examinations of U.S. racial history. The order has sent shockwaves through cultural…
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