Four years after the world was gripped by the COVID-19 pandemic, the fallout from the emergency relief programs continues to make headlines, now with a Nigerian national at the center of a significant fraud case. Yomi Jones “Sabbie” Olayeye, a 40-year-old Nigerian citizen, has been accused of attempting to defraud the United States government of […]
The Catoca diamond mine, located in Angola, is the world’s fourth-largest open-pit diamond mine and is responsible for producing over 75% of Angola’s diamonds. However, this vital source of revenue has been at the center of a dispute between Angola and Russia, stemming from the impact of international sanctions on the sale of diamonds mined
Angola and Russia Work Towards Resolving Diamond Dispute at Catoca Mine Read More »
Egypt has escalated its ongoing dispute with Ethiopia over the Grand Ethiopian Renaissance Dam (GERD) by formally bringing the matter to the United Nations. The Egyptian foreign minister has sent a letter to the President of the UN Security Council, highlighting the tensions and potential repercussions of Ethiopia’s recent actions concerning the dam. This move
Egypt Takes Dispute Over Ethiopian Renaissance Dam to the United Nations Read More »
The Nigerian government has announced plans to allocate $800 million to establish new power substations and distribution lines as part of the Presidential Power Initiative (PPI). This development was disclosed by the Minister of Power, Adebayo Adelabu, during his tour of the TBEA Southern Power Transmission and Distribution Industry in Beijing, China. The ministry released
The Nigerian National Petroleum Company Limited (NNPC) has announced its plan to engage reputable and credible Operations and Maintenance (O&M) companies to operate and maintain two of its major refineries: the Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC). This development was disclosed in a statement released on Friday
NNPCL To Hand Over Warri, Kaduna Refineries To Private Operators Read More »
Namibia is set to cull more than 700 wild animals, including elephants, zebras, and hippos, as part of an effort to distribute meat to communities struggling with food insecurity due to the worst drought the country has faced in a century. The Ministry of Environment, Forestry and Tourism announced on Monday that the culling program
As Nigeria’s economic challenges deepen, many citizens are preparing for difficult months ahead, with plans to rely heavily on borrowing and depleting their savings to meet financial obligations. This trend is highlighted in the Central Bank of Nigeria’s (CBN) July 2024 Household Expectations Survey, which reveals a growing sense of pessimism among Nigerian consumers about
Nigerians Brace for Tough Economic Months, Turn to Borrowing and Savings Amid Pessimism Read More »
Ethiopian Airlines, Africa’s largest carrier, is leasing planes to keep up with its ambitious expansion plans due to significant delays in aircraft deliveries from Boeing Co. The Addis Ababa-based airline has been waiting for several months for the arrival of its much-anticipated Boeing 737 Max jets and 777 freighters, creating a ripple effect on its
Burkina Faso has taken a significant step by nationalizing two contentious gold mines following a legal dispute involving Endeavour Mining Plc and Lilium Mining. This decision marks a pivotal moment in the country’s efforts to assert greater control over its natural resources, in line with a broader trend observed across Africa. The resolution of the
Burkina Faso Nationalizes Contested Gold Mines Amid Legal Settlement Read More »
In a significant move to enhance user safety across its platform, TikTok has launched its first-ever Safety Advisory Council for Sub-Saharan Africa and expanded its #SaferTogether community education campaign. These initiatives mark a crucial step in TikTok’s commitment to providing a secure and positive environment for its users across the region. A Collaborative Effort: The
TikTok launches Safety Advisory Council for Sub-Saharan Africa in Nairobi Read More »