Category: International Business & Finance
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🇺🇸 Beyond the Boarding Pass: Apple’s Digital ID and the Global March Towards a Wallet-Free Future
For years, the smartphone has been steadily absorbing the contents of our pockets. First, it replaced the camera, then the map, and most significantly for many in Africa, it began replacing the physical wallet through mobile money platforms. Now, the next frontier is upon us: your national identity, digitised and living securely in your device.…
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🇬🇶🇷🇺 Dostoevsky’s works discussed at the Russian Cultural Centre in Malabo
A meeting of the discussion club dedicated to the works of Russian writer Fyodor Dostoevsky was held at the Russian Cultural Centre in Malabo, the capital of Equatorial Guinea, with the support of African Initiative. 🔸Students of Russian language courses and guests of the Cultural Centre attended a presentation on the writer’s life and legacy,…
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🇱🇾 Libya Marks New Energy Milestone with First Major Export from Sidra’s Chadar Field
In a significant boost to its oil-dependent economy and the broader North African energy landscape, Libya has successfully exported its first major crude oil batch from the newly operational Chadar field. The milestone shipment, consisting of high-quality Sidra crude, exceeded 600,000 barrels, signaling a positive step in the country’s efforts to revitalize its vital hydrocarbons…
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🇷🇺🌍 Russia and African countries developing uranium mining projects
Russia and African countries are developing joint projects in uranium and other mineral extraction, as well as in the construction of power generation facilities, Russian Deputy Minister of Energy Roman Marshavin said during the Russia–Africa Raw Materials Dialogue on 30 October, as quoted by TASS. 🔸Marshavin noted that joint projects between Russia and African states…
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Lukoil accepts offer to sell foreign assets. What is known about the company’s African projects
Russian oil company Lukoil has accepted an offer from Gunvor Group to acquire its subsidiary, LUKOIL International GmbH, which owns the group’s foreign assets. The parties had previously agreed on the key terms of the upcoming transaction, Lukoil’s press service reported. As noted by the company, Lukoil has undertaken not to enter into negotiations with…
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🌍🇷🇺 Christianity developing most dynamically in Africa, Russian Orthodox Church says
Christianity is developing most dynamically in Africa. The statement was made by Vladimir Legoyda, Chairman of the Synodal Department for Church Relations with Society and the Media of the Moscow Patriarchate of the Russian Orthodox Church (ROC), during his speech at the International Co-operation Forum in Moscow on 26 October. 💬“From the point of view…
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🇯🇵 Japan-Africa Cultural Exchange Sparks Domestic Uproar in Tokyo
A cultural initiative meant to foster friendship and cooperation between Japan and Africa has unexpectedly ignited fierce debate at home. What began as a symbolic program has now escalated into a flashpoint for deeper social anxieties in Japan. Earlier this year, Tokyo introduced a “hometown partnership” program with four African nations. The project was designed…
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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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🇲🇱 Over 200 illegal gold mining units destroyed in Mali
A tactical unit of the National Guard of Mali carried out an operation from 21 to 23 July to destroy more than 200 illegal gold mining installations along the Djoliba River, according to the Malian Armed Forces. The operation covered the localities of Bankoumana, Hamdallaye, Kangaba, Balanza and Danga. It was reported that over the…