Africa Asia Business Community Headlines International

OIC handpicks Nigeria as food storage hub

Member-states of the Organization of Islamic Cooperation (OIC) have chosen Nigeria to serve as a food and grain storage hub for the group’s member states.   “All the member countries of OIC selected Nigeria as the storage hub,” Director of Nigeria’s Federal Department of Agriculture, Abdullahi Abubaka, said.   The OIC Secretariat will mobilize resources, […]

Africa International

Gambia: Four soldiers arrested over botched military coup

Gambian authorities have arrested four soldiers indicted for a failed military coup aiming to topple incumbent President Adama Barrow and his administration. “Based on intelligence that some soldiers in the Gambian army were plotting to overthrow the democratically elected government of President Adama Barrow, the high command (of the Gambian armed forces) quickly mounted a […]

Business Egypt Europe International

Egypt topples Russia as Europe’s largest fertilizer supplier

Egypt has toppled Russia as a fertilizer exporter to European markets, with exports amounting to 1.5 billion euros during the first ten months of this year, compared to 521 million euros for the same period last year, Asharq Business reports, citing the Egyptian Export Council for Chemical Industries. The council on Wednesday quoted a report […]

Africa International

Ghana: Four men handed 10-year prison sentence for abducting two Canadian women

Four men have received each 10 years in prison for kidnapping back in 2019 two Canadian female volunteers in the Ghanaian city of Kumasi. The men were found guilty of conspiracy and kidnapping Lauren Tilly and Bailey Chittey in June 2019, state-run Ghana News Agency (GNA) said. Tilly and Chittey were in Ghana to volunteer […]

Africa Culture Headlines International Lifestyle

Germany hands over 20 looted Benin bronzes to Nigeria to deal with ‘dark colonial past’

A ceremony held in Nigeria on Tuesday (20 December), which saw twenty historic bronze sculptures returned to the country by Germany as part of efforts to address its “dark colonial past,” was the culmination of a years-long process that upended Germany’s approach to museum items looted during the colonial era. Germany’s Foreign Minister Annalena Baerbock […]

Africa Headlines International

Relaxation of UN embargo on arms exports to Congo hailed as ‘injustice righted’

The United Nations Security Council has just adopted a resolution relaxing the embargo on arms exports to the Democratic Republic of Congo (DRC), a decision hailed by Kinshasa as an “injustice repaired”. The resolution removes language that previously required countries to inform the Security Council and its 15 members of any sale of arms or […]

Business Emerging Markets Headlines International Morocco Technology

Morocco, Mauritius, SA hailed as Africa’s most innovative countries in 2022

Morocco, Mauritius and South Africa are ranked as the most innovative African countries as they have significantly moved up closer to developed economies in the rankings over the past few years. The 15th edition of the Global Innovation Index released recently by the World Intellectual Property Organization (WIPO) has highlighted Africa’s success in 2022 noting […]

Africa Finance International

Nigeria collects $1.4Bn in VAT in Q3 2022

Nigeria’s federal government generated 625.39 billion nairas ($1.4 billion) in value-added tax (VAT) in the third quarter of 2022, reports say. The figure accounts for 25.95% increase from the previous year. The tax payments collected rose by 4.21% from 600.15 billion nairas in the second quarter of the year per data gathered by National Bureau […]

Africa International

Burkina Faso debunks Ghana’s claims Wagner awarded gold mine in exchange for support

Burkina Faso’s Minister of Mining Tuesday branded rubbish Ghana’s President Nana Akufo-Addo’s claims that the insecurity-dogged country has awarded a mining field to the Russian private military company Wagner for exploration in exchange for support. “We have not granted a permit to a Russian company in southern Burkina. On the other hand, a cabinet meeting […]

Africa Headlines International

Member of Doctors without Borders abducted in northern Mali

Some unidentified armed men have kidnapped a member of Doctors Without Borders (MSF), a non-profit organization in Gao, northern Mali. “Unidentified armed men entered the MSF base in Gao during the night of December 18. One of our colleagues from the region who was at the base was kidnapped,” the charity organization told Anadolu news […]