Nigerian lawmakers mediate rift with Africa’s richest man
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July 23, 2024
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On Monday, Nigerian legislators launched a probe into the reported importation of polluted fuel into the nation, in a bid to resolve disputes between Africa’s wealthiest man Aliko Dangote’s oil refinery and the regulatory body. Read More Africanews RSS
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New Home Secretary denounces dailed Rwanda migrant scheme
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July 23, 2024
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The U.K.’s new home secretary criticized a failed proposal by ex-British Prime Minister Rishi Sunak to relocate migrants to Rwanda, calling it a “shocking waste of taxpayer money” totaling 700 million pounds Read More Africanews RSS
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Nigeria doubles minimum wage for Government workers after strikes
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July 19, 2024
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Public sector workers in Nigeria on the minimum wage will see their salaries double after the government reached an agreement on Thursday with labour unions that have been threatening further strikes as the cost of living spirals. Read More Africanews RSS
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Niger: IMF approves $71 million disbursement
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July 19, 2024
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The IMF has announced a $71 million disbursement towards Niger under two arrangements which were extended untill late 2025. Read More Africanews RSS
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U.S. pledges $203M in the hopes of averting the crisis in Sudan
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July 19, 2024
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U.N. ambassador Linda Thomas-Greenfield said the U.S. is pledging $203M in the hopes of averting the crisis in Sudan to spill over into the region. Read More Africanews RSS
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Morocco under Mohammed VI : A model of African progress? [Business Africa]
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July 18, 2024
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King Mohammed VI celebrates 25 years of reign, marked by profound reforms that have redefined the Moroccan landscape; in Africa, digitalization is accelerating, leading to increased cyberattacks; Nigeria launches a new ministry to resolve conflicts between herders and farmers. Read More Africanews RSS
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South Africa: AfDB to lend $1 billion to Transnet
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July 18, 2024
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The 25-year loan is fully guaranteed by the South African government and will help finance the first phase of an $8.1 billion investment plan for Transnet to improve the country’s rail and port infrastructure, the bank said. Read More Africanews RSS
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Mozambique: former finance minister on trial in US
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July 18, 2024
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The former finance minister in Mozambique has gone on trial in the US over the so-called “tuna bond” scandal which came to light in 2016. Read More Africanews RSS
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UAE lifts 2022 visa ban on Nigerians
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July 17, 2024
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The lifting of the ban this week was preceded by Emirates’s announcement in May that it would resume daily flights between Lagos and Dubai later this year in October. Read More Africanews RSS
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Congo/IMF: Civil society criticizes fund management
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July 17, 2024
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Several civil society members and political actors express concerns about governance issues. They argue that the ongoing crisis and current cash flow tensions in Congo highlight significant shortcomings. Read More Africanews RSS
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