The social media company X, formerly known as Twitter, has settled with its former employees in Ghana, who were laid off in November 2022 following the takeover by billionaire Elon…
Africa
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Kenya has successfully issued a new Eurobond worth $1.5 billion to pay off its maturing debt and ease market concerns about its ability to service its obligations. The East African…
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Exxon Mobil Corp., the largest U.S. oil company, has decided to end its 30-year presence in Equatorial Guinea, one of Africa’s smallest but richest nations. The move marks a dramatic…
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The African Development Bank (AfDB) has made history by issuing the first hybrid capital note by a multilateral development bank, raising $750 million to boost its lending capacity and support…
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Italy has launched a new strategy to strengthen its ties with Africa and help the continent achieve its economic and social potential. The plan, named after the late founder of…
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Burkina Faso, a landlocked country in West Africa, has welcomed the arrival of about 100 Russian military personnel on Wednesday, as part of a security agreement with Moscow. The Russian…
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Gabon, a small oil-rich country in Central Africa, is facing a critical moment in its history as a team from the International Monetary Fund (IMF) is expected to visit the…
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China is stepping up its efforts to promote the use of its currency, the yuan, in Africa, as part of its de-dollarisation strategy and to boost its economic and political…
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Namibia’s President Hage Geingob has revealed that he has been diagnosed with cancer and will undergo medical treatment, but he has assured the nation that he will continue to perform…
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The European Union (EU) has announced a $30 million equity investment in Seedstars Africa Ventures’ Fund I, a venture capital fund that supports African digital technology companies. The fund, which…