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Nigeria will launch the National Credit Guarantee Company in May 2025 to enhance credit access and drive economic growth. President Bola Tinubu announced the initiative as part of his broader economic reform agenda, aiming to bolster financial inclusion and support underserved groups such as women and youth. Through the company, the government seeks to expand […]
...Ivory Coast has announced the withdrawal of French troops from its soil, effectively ending a military presence that has spanned decades. According to President Alassane Ouattara, the development will see the 43rd BIMA marine infantry battalion in Abidjan, where French troops were stationed, handed over to the Ivorian armed forces by January 2025. This decision […]
...South Africa’s Eskom has connected Unit 2 of its Koeberg nuclear power plant to the national grid following a significant refurbishment, boosting its contribution to the country’s electricity supply. This development aligns with nine consecutive months of uninterrupted electricity, fostering economic optimism in a country previously plagued by constant power cuts. According to Eskom’s CEO, […]
...Russia appears to be intensifying its use of Libya’s al-Khadim airbase, signaling a shift in its Mediterranean strategy following the ousting of Syrian leader Bashar al-Assad. According to recent flight data analyzed by CNN, there has been more than one daily flight from Russia’s Hmeimim base in Syria to al-Khadim since mid-December, transferring advanced military […]
...African sports are set for a transformative 2025, with key events across football, athletics, cycling, and more. For one, Morocco will host the Women’s Africa Cup of Nations from July 5 to 26, followed by the men’s version of the competition from December 21, 2025 to January 18, 2026. Meanwhile, the race for spots in […]
...Mozambique’s Constitutional Council has upheld the ruling Frelimo party’s victory in the October presidential election, confirming Daniel Chapo’s win with 65.17% of the vote. The court dismissed claims of election irregularities, stating they did not significantly affect the results. Initial reports indicated Chapo had secured 70% of the vote. Opposition leader Venâncio Mondlane, who garnered […]
...The United States has authorized over $5.5 billion in arms sales to Egypt and Morocco, aiming to enhance their defense capabilities and solidify strategic partnerships. Under the deal, Egypt will acquire $630 million worth of Lockheed Martin Hellfire missiles, spare parts, and training, alongside $30 million worth of Advanced Precision Kill Weapon Systems (APKWS). Additionally, […]
...Nigeria has lifted a five-year ban on mining activities in Zamfara State due to improved security conditions, the mining minister has announced. The suspension, imposed in 2019 due to rampant bandit attacks, had left the state’s abundant gold, lithium, and copper deposits untapped. However, the situation has improved thanks to the efforts of security operatives, […]
...France has begun withdrawing its troops from Chad following N’Djamena’s abrupt decision to end its decades-long defense agreement with the former colonial power. An initial group of 120 French soldiers departed from the Central African country, marking a symbolic step in the breakdown of Franco-Chadian military ties. This move follows Chad’s November announcement that it […]
...Negotiations between Mauritius and the UK over the Chagos Islands’ sovereignty have stalled, with Mauritius’ Deputy Prime Minister Paul Bérenger hinting at disagreements over financial terms as the reason. Under the original agreement, announced in October, the UK would transfer sovereignty to Mauritius while maintaining a 99-year lease for Diego Garcia, a key UK-US military […]
...The Alliance of Sahel States (AES), comprising Mali, Burkina Faso, and Niger, has rejected the six-month withdrawal timeline proposed by ECOWAS at a recent summit in Abuja, Nigeria. ECOWAS suggested the period to allow the countries to reconsider their exit, currently set for January 2025. However, AES leaders dismissed the proposal as a strategy by […]
...Nigeria has intensified efforts to combat oil theft, dismantling 56 bunkering sites and recovering 1.2 million liters of stolen crude oil in a recent crackdown. The crackdown included the destruction of 15 illegal refineries in Bayelsa State. Authorities also arrested 17 suspects and seized vehicles and refining equipment. Despite being Africa’s largest crude oil producer, […]
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