Author: kajarbi54
Egypt is set to transform its Red Sea coastline with a landmark $1 billion project featuring a marina, luxury hotels, and residential towers. Ahmed Shalaby, managing director of the project’s lead developer Tatweer Misr, said construction on the Monte Galala Towers and Marina project is expected to begin in the second half of the year and will run for approximately seven years. The 10-tower development, a partnership involving the Ministry of Housing and other state entities, including the Armed Forces’ Engineering Authority, is expected to cost about 50 billion Egyptian pounds ($1.07 billion), Shalaby said. According to government officials, the…
Burkina Faso’s Transitional Legislative Assembly (ALT) on Monday unanimously adopted a bill dissolving all political parties and political formations, marking a major shift in the country’s political landscape. The decision was approved after 69 members of the assembly voted in favour of the bill. The adoption repeals the 2001 law on the charter of political parties and formations, as well as the 2009 law governing the financing of political parties, electoral campaigns, and the status of the opposition. According to the Minister of Territorial Administration, Émile Zerbo, the measure reflects the government’s intention to rebuild the state and significantly reorganize…
The Dangote Refinery has rejected allegations that it imports petrol into Nigeria and threatened legal action against individuals it identified as being behind the claims. In a statement issued on Monday, the refinery described the claim as “false and deliberately misleading,” adding that it would reveal the identities of those responsible at the appropriate time. The refinery’s Chief Executive Officer, David Bird, clarified on February 4, that the facility imports blending components such as reformates and condensates, which require further processing before becoming market-ready petrol. He noted that reports had wrongly portrayed these imports as finished fuel, a point he…
The Gambia Revenue Authority (GRA) has clarified its role in the collection of customs scanning fees following an audit that highlighted discrepancies in exchange rate application. During an interface with the Finance and Public Accounts Committee of the Gambian legislature, GRA officials explained that they do not directly collect the scanning fees, but rather oversee the process. The interface brought together officials from the government, GRA, Accountant General’s Department amongst a host of top officials of the government. The clarification came after the Auditor General’s management letter on the government’s audited accounts noted variances caused by the use of weekly…
“Fintech creates opportunities for people across income levels, from low-income earners to high-income individuals” – Tidiani Togola, President and Founder of Civic Tech firm, Tuwindi. The Fintech industry has dominated the African market with major players transforming the industry and expanding Africa’s fintech dominace on the global stage. It has become more than just a fleeting trend but a revolution that is fundamental to restructuring and boosting the continent’s economic growth. From mobile money, a domain where Africa has been a global pioneer, to the burgeoning realms of embedded finance, blockchain, and neo-banking, fintech is solving deep-seated challenges related to…
South Africa has announced plans to withdraw its troops from the United Nations peacekeeping mission in the Democratic Republic of Congo (MONUSCO), ending a military presence that has lasted for 27 years. The decision was disclosed by President Cyril Ramaphosa following a telephone conversation with UN Secretary-General António Guterres on January 12, according to a statement from the South African presidency. The government said the move is driven by the need to “consolidate and realign the resources” of the South African National Defence Force (SANDF). Pretoria will work closely with the United Nations to determine the timelines and operational details…
Nigerian President Bola Ahmed Tinubu on Sunday received a high-level delegation from the United States Africa Command (AFRICOM) as both countries seek to strengthen ongoing security cooperation. The U.S. delegation, led by AFRICOM Commander Gen. Dagvin Anderson, was received at the Presidential Villa in Abuja, according to the presidency. The meeting forms part of broader bilateral efforts to address persistent insecurity in some of Nigeria’s most volatile regions, particularly in the north and west of the country. The engagement comes months after U.S. President Donald Trump redesignated Nigeria as a “Country of Particular Concern” (CPC), following Christmas Day airstrikes on…
The Ghanaian government has ordered the immediate recall of its High Commissioner to Nigeria, Mohammed Ahmed, over allegations of electoral malpractice during a parliamentary primary election in Ghana. The directive was announced in a statement issued by Felix Kwakye Ofosu, Minister of Government Communications and spokesperson to the President. According to the statement, the recall takes immediate effect, with the Ministry of Foreign Affairs instructed to initiate the necessary diplomatic and administrative procedures. The Presidency noted that although allegations were made against several candidates who contested the primaries, Ahmed was the only serving public officer among them, prompting the government’s…
Mali’s Council of Ministers on Friday approved legislation establishing the Malian Mining Heritage Company, a state-owned entity designed to consolidate and manage the government’s interests in mining companies operating across the country. The decision was taken at a cabinet meeting held at the Koulouba Palace under the chairmanship of the Head of State. The newly created company, known as SOPAMIM SA, is structured as a public limited company wholly owned by the Malian State. Authorities said the move is part of broader reforms under Mali’s Mining Code. The law expands state participation in mining ventures and provides for the creation…
The Nigerian Senate will hold an emergency plenary session Tuesday to revisit the Electoral Act Amendment Bill following widespread backlash over its rejection of real-time electronic transmission of election results. Lawmakers retained a provision allowing electronic transmission only after votes are counted and announced at polling units. They also rejected a proposed 10-year ban on vote buyers, maintaining existing penalties. The Nigeria Labour Congress, (NLC), has threatened protests and a possible boycott of the 2027 general elections, citing concerns over transparency. The Independent National Electoral Commission, (INEC), introduced the Bimodal Voter Accrediation System, (BVAS) and the INEC Result Viewing Portal,…
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