Category: Pan African Banking
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Burkinabe Authorities Seize $2.28 Million Worth of Smuggled Gold Near Togo Border
Burkinabe customs and national police made a significant breakthrough in the fight against gold smuggling on Tuesday, December 17, 2024, by intercepting 28.6 kilograms of gold worth $2.28 million. The operation took place in Bittou, a city near the border of Togo, following an anonymous tip that exposed suspicious activities involving three individuals. The suspects…
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Nearly Four Tons of Gold Vanish from Guinea’s Central Bank, Fueling Concerns Over African Gold Smuggling
In a concerning development, nearly four tons of gold valued at $400 million have vanished after being dispatched from the Central Bank of the Republic of Guinea (BCRG) to Dubai, United Arab Emirates, for refining. The gold was transported by MSS Security, a prominent Asian security firm, which has been cooperating with investigators. The disappearance…
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Enemies of Pan-African Consciousness: Lessons from History and the Celestial Alignments
The arc of Pan-African consciousness has always been shaped by forces both earthly and celestial, as if our struggles are written not just in history but in the stars themselves. In tracing the journeys of leaders like Huey Newton, Malcolm X, Martin Luther King Jr., William Richard Tolbert, and Marcus Garvey, we find a sobering…
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๐ญ๐น๐ฐ๐ช Kenyan police in Haiti submit resignations over pay delays
Nearly 20 of the roughly 400 Kenyan police officers serving in Haiti on a U.N.-backed anti-gang force have submitted letters of resignation from the mission over the past two months because of pay delays and poor conditions. The officers have received no response to their letters and continue to serve on the Multinational Security Support…
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๐บ๐ธ๐ฒ๐ฝTrump win spurs cartels to command bigger fees to smuggle migrants across US border
It now costs more to hire drug cartels and human smugglers along the southern border following the victory of President-elect Donald Trump. The price hike is due to increased demand and perhaps increased risk as illegal aliens realize the clock is running out on the easy access that they had under the Biden-Harris regime. Sources…
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Google Exposes GLASSBRIDGE: A Pro-China Influence Network of Fake News Sites
Government agencies and non-governmental organizations in the United States have become the target of a nascent China state threat actor known as Storm-2077. The adversary, believed to be active since at least January 2024, has also conducted cyber attacks against the Defense Industrial Base (DIB), aviation, telecommunications, and financial and legal services across the world,…
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The Onion Buys Infowars, Alex Jonesโs Site, Out of Bankruptcy
How Site Owners Can Navigate Public Relations, Brand Acquisition, and Satirical Takeovers In an unexpected yet telling move, The Onion, a prominent satirical publication, announced it had won the bankruptcy auction for Infowars, the controversial site founded by conspiracy theorist Alex Jones. The acquisition sheds light on a unique case of brand repositioning and could…
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Kenya’s supreme court overturns ruling that nullified tax hikes
Kenya’s Supreme Court on Tuesday quashed a decision by an appeals court nullifying the 2023 finance law, a victory for the government after protests forced President William Ruto to withdraw this year’s finance bill. The finance bills form the main vehicle for the government to set out revenue-raising measures, and Ruto’s administration has been relying…
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Stripeโs $1.1 Billion Bet on Stablecoin Infrastructure with Bridge Acquisition
Stripe, once wary of crypto, has acquired Bridge, a startup focused on stablecoin payments, for $1.1 billion. Bridge processed $5 billion annually, but Stripeโs interest lies in the teamโs expertise and the productโs readiness to scale stablecoin-based financial services. With stablecoins processing $7 trillion in 2022, Stripe sees them as a modern alternative to legacy…
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Zimbabwe government makes e-payment compulsory for all businesses
Under this new direction, all businesses must accept Point-of-Sale (POS) machine transactions. The move is aimed at prohibiting businesses from engaging in unfair trade practices. It also seeks to protect consumers from robbery incidents and promote safer and more convenient payment methods, providing consumers with payment options to choose from. In line with this, the…
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