TURKEY FINDS OIL IN SOMALIA, TAKES CONTROL OF MASSIVE 20 BILLION BARREL RESERVES

TURKEY FINDS OIL IN SOMALIA, TAKES CONTROL OF MASSIVE 20 BILLION BARREL RESERVES

Faith Nyasuguta  Turkey has made a major oil discovery in Somalia, uncovering an estimated 20 billion barrels of commercially viable crude in two of the three offshore blocks it currently operates. This breakthrough significantly strengthens Turkey’s presence in East Africa’s energy scene and marks a major milestone in Somalia’s untapped oil ambitions. The oil was […]

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 WEST AFRICA’S AIRFARES ARE THE COSTLIEST GLOBALLY, ECOWAS WARNS

WEST AFRICA’S AIRFARES ARE THE COSTLIEST GLOBALLY, ECOWAS WARNS

Faith Nyasuguta  Air travel in West Africa remains the most expensive in the world, and this is threatening regional integration and economic growth, the Economic Community of West African States (ECOWAS) has warned. The ECOWAS Commissioner for Infrastructure, Energy and Digitalisation, Sediko Douka, raised the concern at the Sixth Legislature ECOWAS Parliament Delocalised Meeting of […]

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 CHINA DEEPENS MILITARY FOOTPRINT IN AFRICA WITH LANDMARK NIGERIA DEAL

CHINA DEEPENS MILITARY FOOTPRINT IN AFRICA WITH LANDMARK NIGERIA DEAL

Faith Nyasuguta  China has taken another major step in expanding its military influence across Africa by signing a strategic deal with Nigeria to establish a state-of-the-art military hardware production facility. This agreement marks a significant turning point in China-Africa defense relations, placing Nigeria at the center of Beijing’s growing security network on the continent. The […]

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 GHANA AND ALGERIA SEAL HISTORIC VISA-FREE TRAVEL DEAL 

GHANA AND ALGERIA SEAL HISTORIC VISA-FREE TRAVEL DEAL 

Faith Nyasuguta  Ghana and Algeria have officially signed a landmark visa-free agreement, paving the way for citizens of both countries to travel freely without a visa. The deal, reached during Ghana’s Foreign Affairs Minister Samuel Okudzeto Ablakwa’s visit to Algiers, marks a major step in renewing long-standing ties between the two nations, ties rooted in […]

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 DANGOTE LAUNCHES $162M SUGAR REFINERY IN GHANA TO SLASH IMPORTS AND BOOST LOCAL INDUSTRY

DANGOTE LAUNCHES $162M SUGAR REFINERY IN GHANA TO SLASH IMPORTS AND BOOST LOCAL INDUSTRY

Faith Nyasuguta  Africa’s richest man, Aliko Dangote, is expanding his business empire into Ghana with a $162 million sugar refinery project set to transform the country’s agro-industry. The ambitious venture will be located in Kwame-Danso, Bono East Region, and aims to drastically cut Ghana’s dependence on imported sugar while creating jobs and strengthening local production. […]

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 TANZANIA OUTLAWS FOREIGN CURRENCY IN LOCAL TRANSACTIONS TO BOOST SHILLING

TANZANIA OUTLAWS FOREIGN CURRENCY IN LOCAL TRANSACTIONS TO BOOST SHILLING

Faith Nyasuguta  Tanzania has officially banned the use of foreign currencies in domestic transactions, stepping up efforts to strengthen its local currency, the Tanzanian shilling. The move, announced by the Bank of Tanzania (BoT), is part of a broader push to reinforce monetary sovereignty and economic stability. The directive follows the release of the “Regulations […]

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