Wayne Lumbasi Nigeria’s state oil company is in talks with a Chinese firm as part of a renewed effort to revive the country’s long-struggling refineries, signaling a shift in strategy after decades of failed rehabilitation attempts in the downstream oil sector. The discussions focus on bringing in a Chinese petrochemical operator with experience in refinery […]
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Wayne Lumbasi Ethiopia has firmly rejected claims by U.S. President Donald Trump that the United States financed its colossal Nile River project, the Grand Ethiopian Renaissance Dam (GERD). Speaking to parliament, Prime Minister Abiy Ahmed emphasized that the dam, Africa’s largest hydropower project, was built entirely with Ethiopian resources, with no foreign loans or aid […]
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Wayne Lumbasi Somaliland is moving closer to a trade and investment agreement with Israel that could open access to key mineral resources, including lithium and other materials vital to global technology and energy supply chains. The effort follows Israel’s decision in December 2025 to formally recognise Somaliland’s independence, a move that broke with decades of […]
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Wayne Lumbasi The Jacob Zuma Foundation has strongly rejected recent reports linking former South African President Jacob Zuma to convicted financier Jeffrey Epstein, calling the coverage a deliberate smear campaign aimed at damaging the former president’s reputation. The controversy follows the recent release of thousands of court documents in the United States related to Epstein’s […]
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Wayne Lumbasi Ghana’s President John Dramani Mahama has been named among the five most influential figures shaping global development, securing fifth place on the 2026 Devex Power 50 list, a widely respected ranking that tracks the individuals redefining how development policy, finance and partnerships are evolving worldwide. The annual list, compiled by international development media […]
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Wayne Lumbasi Iran has formally designated the armed forces of European Union member states as “terrorist groups”, sharply escalating an already tense standoff with Europe following the EU’s decision to blacklist Iran’s Islamic Revolutionary Guard Corps (IRGC). The move marks one of the most serious diplomatic confrontations between Iran and European governments in recent years. […]
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Wayne Lumbasi The United Nations has expressed concern over rising tensions in Ethiopia’s northern Tigray region, cautioning that recent developments could undermine the fragile peace established after the 2022 cessation of hostilities agreement. UN Secretary-General Antonio Guterres has urged all parties to exercise restraint and resolve disputes through dialogue to prevent a relapse into conflict. […]
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Wayne Lumbasi South Africa has proposed a new approach that would allow companies to comply with its Black economic empowerment framework through financial contributions, a move that could reshape how transformation is pursued across the economy. The proposal, released by the Department of Trade, Industry and Competition, introduces the option for firms to contribute to […]
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Wayne Lumbasi Ethiopia has reported saving about $3.4 billion in foreign exchange expenditure over the past six months, marking a notable milestone in the country’s ongoing economic reform drive aimed at easing pressure on scarce hard currency resources. The savings are largely attributed to a renewed focus on local manufacturing and import substitution, as authorities […]
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Wayne Lumbasi The Confederation of African Football (CAF) has imposed a raft of disciplinary sanctions on Senegal and Morocco following serious breaches of conduct that overshadowed the Africa Cup of Nations final, as the continental body moved to reassert discipline and protect match officials in one of its flagship competitions. Senegal received the stiffest punishment […]
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