AFRICA

Jul
09
2023
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By Ahmed Ture
The desire to foster greater banking competition in Ethiopia

The desire to foster greater banking competition in Ethiopia

Africa, Breaking, Economy,
By Comr Amos Kalu The National Bank of Ethiopia unveiled new plans in May to let foreign competition enter the nation's banking industry. The state-owned Commercial Bank of Ethiopia currently controls the nation's banking sector. According to a 2019 estimate by Cepheus Growth Capital Partners, an investment management company with headquarters in Addis Ababa, the bank holds 62% of the country's assets and deposits. There are 29 banks in total in the nation, all of which are privately owned. Ethiopia intends to allow foreign competition in the nation's banking industry. What does this mean for businesses and people? However, the…
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Jul
09
2023
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By Ahmed Ture
Britons trapped in Sudan say relatives were not allowed on flights

Britons trapped in Sudan say relatives were not allowed on flights

Africa, Breaking, World News, , , ,
British people trapped in Sudan have described being forced to make impossible choices about whether to fly home without family members the UK government will not allow on flights. Suleiman, a British national who asked to withhold his family name, said a British official had called him to say he could be evacuated with his two children only if he left his pregnant wife behind. His children are also British nationals, and their mother is a Sudanese citizen. “He said: ‘I’m sorry, you’re going to fly with your children, but your wife cannot.’ When I told him that’s impossible, the children are…
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Jul
09
2023
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By Ahmed Ture
Tinubu travels to Guinea-Bissau and meets with Nigerian soldiers

Tinubu travels to Guinea-Bissau and meets with Nigerian soldiers

Africa, Breaking, Politics, ,
President Bola Tinubu has reminded the Armed Forces that the region depends on the Nigerian troops stationed in Guinea-Bissau's capital as part of the ECOWAS Stabilization Force. The 63rd Ordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS), which begins on Sunday, is why President Tinubu is in Guinea-Bissau. The President reportedly informed the troops that he was in their camp to show support and to let them know that their country is proud of them. This was contained in a statement from his Special Adviser on Special Duties,…
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Jun
23
2023
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By Ahmed Ture
Sudan’s warring parties resume fighting after its most recent ceasefire fails.

Sudan’s warring parties resume fighting after its most recent ceasefire fails.

Africa, Breaking,
Residents report clashes in Khartoum before the US-Saudi-brokered truce expires and in Omdurman minutes after it ends. After a three-day ceasefire expired, fierce battles erupted between Sudan's military and a rival paramilitary force. The truce, brokered by the US and Saudi Arabia, expired on Wednesday at 6 a.m. (04:00 GMT). The ceasefire brought relative calm to Sudan's capital, Khartoum, but fierce fighting was reported in parts of the city on Tuesday night. Clashes, according to residents, were centered on the intelligence agency's headquarters near Khartoum International Airport. "The battles have become more intense. "There were gunshots heard throughout the area,"…
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Jun
09
2023
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By Ahmed Ture
Nnamdi Kanu’s Son Emerges World’s smartest kid at Age 7, Receives $500k from U.S Government

Nnamdi Kanu’s Son Emerges World’s smartest kid at Age 7, Receives $500k from U.S Government

Breaking, Technology,
It is interesting to bring to the world's notice, the rare performance of the son of the Indigenous People of Biafra, in the South Eastern part of Nigeria. According to Wikipedia, The Indigenous People of Biafra (IPOB) is a nationalist separatist group in Nigeria that aims to restore the Republic of Biafra, a country that seceded from Nigeria prior to the Nigerian Civil War (1967-1970) and later rejoined Nigeria after its defeat by the Nigerian military. Recently, the son of Mazi Kanu, Chibuikem Nnamdi Okwu Kanu, broke a record in the U.S. as the smartest kid of his age after he invented a mini-microscope that can see other planets 100…
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