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Category: International Business & Finance

Liberia Dismisses Port Officials as Part of Anti-Corruption Measures

Liberia’s National Port Authority (NPA) has ousted ten senior officials over allegations of corruption, according to NPA’s Managing Director, Sekou Hussein Dukuly. He revealed that the individuals engaged in “financial improprieties” as per an internal investigation, and the case has now been handed over to the police for prosecution. Despite this, some of the accused…
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March 13, 2024
Eight children and an adult die in Zanzibar after eating sea turtle meat

Another 78 people taken to hospital after consuming delicacy, which is known to cause food poisoning Eight children and an adult have died after eating sea turtle meat on Pemba Island in the Zanzibar archipelago, and 78 other people have been taken to hospital, authorities said on Saturday. Sea turtle meat is considered a delicacy…
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March 13, 2024
Bling Bishop’ Who Boasted of Ties to Eric Adams Is Convicted of Fraud

Lamor Whitehead was accused of using $90,000 of a parishioner’s retirement savings to buy luxury goods and trying to force a businessman to lend him $500,000. By Karen Zraick and Olivia Bensimon March 11, 2024 Lamor Whitehead, a Brooklyn preacher known as the “bling bishop” for his flashy luxury possessions, was convicted in Manhattan federal court on Monday…
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March 13, 2024
🇹🇩 Chad introduces free water and electricity for households

The Chadian government has announced the provision of free water and electricity for households in the country until the end of the year. The government has pegged monthly household consumption it intends to pay at 300 kWh of electricity and 15,000 litres of water. The government also said it would wave water and electricity bills…
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March 12, 2024
🇷🇼🇨🇩 Kagame agrees to meet Tshisekedi over eastern DR Congo crisis

Rwanda’s President Paul Kagame has agreed to meet with his Democratic Republic of the Congo counterpart Felix Tshisekedi to discuss the ongoing crisis in eastern Congo, the Angolan government has said. The agreement followed a meeting on Monday in Angola’s capital Luanda between Kagame and Angolan President João Lourenço, the African Union’s (AU) mediator, in…
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March 12, 2024
Liberia: President Boakai Affirms Support for CLSG Project Amid Karpowership Talks, Stresses Commitment to Tackle Power Outages

ABIDJAN – Liberia is going through a recurrent energy crisis due to the shortfall in the delivery of stable electricity to the public, and it appears President Joseph Nyuma Boakai is keen to address the challenge. This was evidenced during his recent high-level working visit to Abidjan, La Cote d’Ivoire. During his engagement with host President…
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March 12, 2024
In Senegal, Dangote follows the phosphate vein

While in Dakar to be decorated by Macky Sall, Aliko Dangote announced an investment of one billion dollars in phosphate. A project considered for a time in Togo. Nigerian billionaire Aliko Dangote announced an investment of over $1 billion to develop a phosphate project in Senegal. The announcement came on Friday, February 2, following fruitful discussions…
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March 12, 2024
Haiti’s Prime Minister “resigns” as “gangs” seize control over country.

Blinken, Monday, announced the U.S. Department of Defense will contribute $300 million to a Kenyan-led “multinational security mission” to Haiti. Haiti’s Prime Minister Ariel Henry has tendered his resignation and appealed for calm as the country descends into chaos. The 74-year-old announced he would step aside late on Monday following an emergency meeting of regional…
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March 12, 2024
Libyan leaders agree to form Unified Government

UN Secretary-General’s Special Representative for Libya, Abdoulaye Bathily has called for the urgent need of electoral law implementation and forming a unified government to pave the way for elections in the country. During a meeting with four High Council of State (HCS) members, Bathily addressed Libya’s political deadlock and the necessity of finding a resolution,…
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March 11, 2024
An American Mercenary Resurfaces in the Democratic Republic of the Congo

The UN recently linked Erik Prince, the founder of Blackwater, to a shady mercenary deal in the Democratic Republic of the Congo’s war-torn North Kivu. The alleged deal, and others like it, hold great risk for the region. Erik Prince, the founder of Blackwater, has appeared in yet another UN report on sanctions violations, this time in the…
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March 9, 2024