Category: International Business & Finance
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๐บ๐ฌ๐น๐ฟ Standard Bank is ready to continue financing EACOP after internal review
Standard Bank Ltd. continues to finance the East Africa Crude Oil Pipeline project, carried out by TotalEnergies SE. The $5 billion pipeline will connect oil fields in Uganda with an export terminal in Tanzania. However, the project faces strong opposition from environmental organizations. In 2021, the bank hired an independent consultant to assess its involvement,…
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๐ฌ๐ง๐ธ๐ณ British Minister for Africa Visits Senegal as UK Seeks Deeper Footprint
UK Minister for Africa Lord Ray Collins arrived in Senegal on September 1 for a two-day visit focused on expanding bilateral cooperation and attending the African Food Systems Forum in Dakar. The British Embassy described the visit as โan important step in the development of relations between the two countries.โ โSenegal is one of the…
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๐ง๐ซ Burkina Faso Criminalizes Homosexuality Under New Law
Burkina Fasoโs transitional parliament has unanimously passed a new law criminalizing same-sex relationships, introducing prison sentences of up to five years and fines. The legislation was adopted on September 1 as part of broader reforms to the countryโs family and citizenship codes. Justice Minister Edasso Rodrigue Bayala announced that individuals found guilty of โhomosexual or…
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๐ฑ๐ท Liberia: Overhead Bridge Project Kicks off Today
โ Huge traffic congestion expected in Congo Town due to ceremony, Public Works Ministry says Major traffic congestion is expected today around the Ministerial Complex area in Congo Town as Liberia officially breaks ground for the much-anticipated China-Aid Overpass Bridges Project, the Ministry of Public Works has warned. The ceremony, set to take place this…
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๐ณ๐ฌ Ecobank Nigeria Celebrates Nigerian Art Masters with Special Exhibition in Lagos
Ecobank Nigeria has reaffirmed its commitment to supporting the countryโs creative arts industry as it launched a major exhibition in Lagos showcasing the works of legendary Nigerian artists. The exhibition, titled โEnduring Legacies: A Collectorโs Tribute to Masters,โ opened on Friday, September 5, and will run until Sunday, September 21, 2025, at EPAC Studios in…
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๐ฌ๐ฆ The Bongo Clan’s Long Shadow: How a Gabonese Banking IPO Sparked a Continental Power Struggle
A planned Initial Public Offering (IPO) for one of Central Africa’s most prominent financial institutions, BGFIBank, has escalated into a fierce legal and corporate battle, exposing the deep-seated tensions between old political networks and new economic ambitions in Francophone Africa. The conflict pits the bank’s current leadership, led by CEO Henri-Claude Oyimaโa figure with longstanding…
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๐ง๐ซ๐ณ๐ฆ Africa Pushes Back on Foreign Experiments
Burkina Faso has officially suspended the Target Malaria project, a Bill Gatesโbacked initiative involving the release of genetically modified mosquitoes. Authorities went further, ordering the destruction of all related samples in the country. For Captain Traorรฉโs government, the move signals a clear rejection of outside control over domestic health policy. Namibia became part of the…
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๐ฒ๐ฝ๐ฏ๐ต๐ฎ๐ณ Global Postal Services Halt Shipments to the U.S. After U.S. Ends โDe Minimisโ Duty Exemption
Monrovia, 29 August 2025 โ In a sweeping change that is reshaping global e-commerce and postal logistics, the United States government has officially eliminated the longstanding “de minimis” exemption, which allowed small-value packagesโgenerally under USD 800โto enter the U.S. duty-free. Originating in 1938 and expanded in recent years, this exemption has facilitated the unhindered flow…
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๐ฏ๐ต 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 โhometown partnershipโ program with four African nations. The project was designed…
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๐ป๐ช๐บ๐ธ Venezuela Mobilises: Citizens Answer Call to Arms Amid Rising US Tensions
Caracas, Venezuela โ In a powerful display of national resolve, thousands of Venezuelans from all walks of life are flocking to enlist in the country’s Bolivarian Militia. The nationwide mobilisation comes directly after President Nicolรกs Maduroโs call for mass registration, a move he frames as a necessary defence against escalating military and political pressure from…
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