Seychelles Firm Linked to UK Dodgy Deals
An offshore firm helped create companies used by members of Vladimir Putin’s inner circle, including one hiding the late mercenary boss Yevgeny Prigozhin’s yacht, the BBC can reveal. Seychelles-based Alpha Consulting also helped to form more than 900 UK partnerships which used a secrecy loophole to conceal their true owners. One partnership was involved in […]
The Kenyan Public’s Reaction to the King’s Visit has been Mixed
King Charles’s expression of “greatest sorrow and deepest regret” over colonial atrocities committed by British forces in Kenya has been criticised as a “miss” in the east African country. Reactions to the king’s statement were mixed, with the president, William Ruto, diplomatically welcoming Charles’s “courage and readiness to shed light on uncomfortable truths that reside […]
Maintaining its Hold on Sports Rights Will be Key to MultiChoice’s Future Success
Africa’s leading TV streaming player Showmax is being overhauled with investment by U.S. cable giant Comcast to take on Netflix, which has been growing rapidly on the continent with more subscribers and a string of exclusive content deals. The revamp of Showmax is aimed at boosting its monetization, while also helping its parent MultiChoice maintain […]
Uganda Says it’s Captured the Leader of a Militia Unit it Blames for Killing Two Foreign Tourists
The militia chief known as “Njovu” was detained on Tuesday during a raid in which six members of his squad were killed, the government said on Thursday. The militiamen belonged to the Allied Democratic Forces (ADF), an ISIL-affiliated group based in the neighbouring Democratic Republic of the Congo (DRC). The group has allegedly killed scores […]
Egypt Opens Gaza Border Crossing
Seventy-six wounded Palestinians and 335 foreigners or dual-nationals were allowed to cross from the war-torn Gaza Strip for Egypt on Wednesday, an Egyptian official at the Rafah crossing said. It is the first crossing of civilians allowed into Egypt from Gaza since Israel placed a “total siege” on the Palestinian territory after Hamas’s deadly attack […]
Opening of First Foreign Bank Branch in Somalia in 50 Years
A leading Turkish bank, Ziraat Katilim, has opened a branch in Mogadishu, becoming the first foreign bank to operate in Somalia in over a half-century, officials said. A ribbon-cutting ceremony was held Sunday in Mogadishu, where officials hailed the inauguration as a “historic moment.” All foreign banks closed down in 1970 when the Somali government […]
The Africa’s Business Heroes Prize Competition, to Identify and Spotlight African Entrepreneurs
In September 2023, ABH announced this year’s top 10 finalists following an intense round of semi-finale business pitches and assessments held in Kigali, Rwanda. These entrepreneurs will compete for their share of the final prize of $1.5 million in grant funding at the competition’s Grand Finale scheduled for November 24. More than just a contest, […]
Lilongwe Goes Electric
Drivers in Malawi are getting an opportunity to purchase electric vehicles through a local startup company. The handful of buyers so far say they no longer have to struggle daily to get fuel at pump stations. SOURCE: VOA
