Big Brand Gold Supplier Called to Account for Human Rights Abuses in Tanzania
A corporate watchdog is calling for the London Bullion Market Association to suspend the membership of one of the world’s biggest gold refineries for its alleged failure to act over claims of human rights and environmental abuses at a mine in Tanzania. The UK-based Raid group says the Swiss-Indian venture MMTC-PAMP, which supplies gold to […]
Rising Water Levels at Grand Ethiopian Renaissance Dam Raises Tensions
The filling of a reservoir behind a mega-dam Ethiopia is building on the Nile River, whether by nature or government action, is elevating tensions with Egypt and Sudan. Ethiopia’s water, irrigation and energy minister was cited by a state-owned broadcaster as saying the filling of the reservoir had begun before the government concluding an agreement […]
A Plummeting Oil Price has Ripple Effects in North Africa’s Revenues
Algeria needs the price of Brent crude, an international benchmark for oil, to rise to $157 dollars a barrel in order for its budget to add up. In May the Algerian government said it would slice spending in half, as oil prices fell due to people’s movements being restricted by the pandemic. Remittances from energy-rich […]
Methane Extraction could Significantly Contribute to Rwanda’s Electrification
The Rwandan government plans to reach an electrification rate of 100% by 2024. KivuWatt power plant – run by Contour Global – already extracts methane to generate electricity. The first phase already generates 26 MW of electricity. It will reach 100 MW in the second phase. A public-private partnership – between Shema Power Lake Kivu […]
“Fahim’s Passion for Nigeria and its Youth was Immeasurable” – Gokada
Gokada, Nigeria’s first motorbike hailing app, has sent its condolences to the family of slain CEO Fahim Saleh. Mr. Fahim Saleh was born in Saudi Arabia to Bangladeshi parents who eventually settled near Poughkeepsie, N.Y., a small city on the Hudson River. After graduating from Bentley University in Waltham, Mass., in 2009, he built an […]
Entries for this Year’s African Banker Awards have been the Most Diverse to Date
The African Banker Awards are traditionally held during the AfDB’s annual meetings, usually in May. Both have now been pushed back to the end of August due to the Covid-19 pandemic and the award presentations will be held virtually on the 26th. The list of nominees reflects the breadth and depth of the work of […]
African Candidates Vie for Top Job at the World Trade Organisation
The race for the World Trade Organisation’s Director-General’s seat is once again testing the unity of African countries in fronting common candidates for international agencies. Of the eight nominees vying to replace Brazil’s Roberto Azevedo, who is stepping down as WTO director general a year early at the end of August, three are from Africa. […]
Standard Bank Plays Leading Role In Mozambique LNG Financing
Standard Bank is one of the leading financial services providers involved in the financing of up to US $15 billion for the Mozambique LNG project, led by the French multinational Total, in the Rovuma basin, whose financing documents, confirming access to the senior debt, were signed on Tuesday, July 15. The USD 20bn cost for […]
Providing An Education In Favour Of Senegal’s Girls
When Fatima* became pregnant in the middle of the school year and dropped out, she was disowned by her parents. Hers is a story that could have ended as another statistic of dropout rates among female learners in Senegal. But Fatoumata Fall, a member of the Siggil Jiguen Network, an NGO that promotes and protects women’s […]
Friday, World Emoji Day – What Are The 117 New Emojis For 2020?
And what are the top 5 COVID-19 emojis? July 17 is famously displayed on the Calendar Emoji, which is why it was chosen as the date for World Emoji Day (@WorldEmojiDay). According to Emojipedia, founded by Jeremy Burge in 2014, there are 3,304 emojis in the Unicode Standard as of March 2020, and reports of last year’s #WorldEmojiDay hashtag generated […]
