Tag: Africa Business
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🇸🇪 Sweden Closes Embassy in Liberia as Stockholm Signals New Focus on Trade and Business
MONROVIA, Liberia — Sweden has officially closed its embassy in Liberia, bringing an end to the country’s resident diplomatic mission in Monrovia while signaling that the relationship between the two countries is not coming to an end. The closure marks a significant transition in a relationship that has developed over decades through diplomacy, development cooperation,…
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🇹🇿 Tanzania Says American Billionaire Cannot Sell $7.9 Million Island He Claimed to Own
An unusual property dispute has emerged in Tanzania after American billionaire venture capitalist Tim Draper announced that he was selling his private island in Lake Tanganyika for $7.9 million—only for Tanzanian authorities to clarify that he does not actually own the land. Draper announced on August 28 that he was putting his Tanzanian island on…