African Stream, a news media platform that produces stories about Africa, has come under scrutiny following recent revelations from the U.S. State Department. In a press release on September 13, 2024, the State Department outlined the global covert activities of Russian state-funded media, particularly RT (formerly Russia Today). According to the U.S. government, African Stream…
On Saturday, the Presidential Compressed Natural Gas Initiative (P-CNGi) launched a key phase of its plan to reduce fuel costs by distributing and installing compressed natural gas (CNG) kits to commercial motorists in Ogun State. This initiative aims to convert petrol-powered vehicles to run on the more affordable and environmentally-friendly CNG. At the launch event…
Rwanda has embarked on a transformative journey with the construction of the $300 million Kigali Innovation City (KIC), a groundbreaking project set to position the East African nation as a leading hub for technology and innovation in Africa. Dubbed the “Silicon Valley of Africa,” Kigali Innovation City is poised to attract global attention with its…
The Dangote Refinery, Africa’s largest, is facing challenges as local petroleum marketers in Nigeria continue to boycott its products, preferring to import refined petroleum from abroad. Devakumar V.G. Edwin, Vice President of Dangote Industries Limited, expressed frustration over the boycott during a discussion hosted by Nairametrics on X (formerly Twitter) on Wednesday. Despite the refinery’s…
Innoson Vehicle Manufacturing Company (IVM) has made a significant stride in the Nigerian automotive industry by unveiling its first locally produced electric vehicle. This marks a major milestone for the company and the country as it enters the burgeoning electric vehicle (EV) market. The news was announced through a Facebook post by Cornel Osigwe, Head…
Abuja, 7th September 2024 – The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a statement refuting claims by the Muslim Rights Concern (MURIC) that the company is obstructing Dangote Refinery Limited (DRL) from offering lower pump prices for Premium Motor Spirit (PMS) in the Nigerian market. According to NNPC Ltd, these assertions are…
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…
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…
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…