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Refinery's Bold Move: Selling Petrol in Dollars In a world where the economic waves are as unpredictable as ocean tides, businesses must navigate carefully. Recently, the Dangote Petroleum Refinery, a powerhouse in the energy sector of West Africa, unveiled a striking decision to sell petrol not in the local currency, the naira, but rather in U.S. dollars. This development has certainly sent ripples through the economic waters. Why such a bold move,…

During a recent Stanbic Economic Series webinar, cloaked under the theme of "The Economy under a New Era", Mr. Qureishi unfolded a tapestry of insightful analysis and bold predictions about Ghana’s economic landscape. The discussion was a captivating dive into key growth drivers and structural risks that hover like spectres over the country's economic future. One might wonder, amidst global uncertainties, what fuels this optimism? Strong Recovery in 2024 Sets Stage for 2025 Ghana's…

The Complex Web of US-South Africa Relations: A Global Perspective It's intriguing how international relationships weave tales of intense scrutiny, debate, and emotions, isn't it? These complexities are vividly illustrated in the current dynamics between the United States and South Africa—a narrative that's as tangled as it is consequential. At the heart of this is the contentious issue of land reform policies in South Africa, which have stirred the waters of diplomacy and drawn a torrent of responses. The land reform in…

The corridors of international diplomacy are often resonant with announcements that shift the balance of affiliations. Recently, Mali has made headlines with its decision to part ways with the Organisation Internationale de la Francophonie (OIF). This departure is akin to a family member choosing a new path, separate from the traditions and shared language that once bound them together. In essence, Mali's exit is reminiscent of a younger sibling stepping away from the family dinner table to find…

It was a typical bustling afternoon when the minister, an unwavering gaze poised for the daunting task ahead, stood to address the myriad of issues plaguing Ghana. His commitment was clear. With unwavering resolve, he revealed significant measures put in place to tackle an old adversary that continues to gnaw at the heart of Ghana’s environmental heritage. This revelation came as part of a sophisticated stratagem aimed squarely at obliterating illegal mining, a creeping blight known locally as galamsey, which persists…

Under the auspices of Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, a new chapter unfolds in the quest for peace. Picture a room in Qatar bustling with diplomatic energy—a potential turning point for the turbulent regions of Rwanda and the Democratic Republic of the Congo (DRC). Why does this matter now? In a world often shadowed by unrest, such meetings sow the seeds of hope. The significance of these talks cannot be overstated. For over a year, a storm has brewed, with the formidable M23…

Snapshot of Global Scam Losses: Who Tops the List? In today’s interconnected world, scams have taken on sophisticated digital dimensions, targeting unsuspecting victims with increasingly cunning tactics. But who bears the brunt of these malicious acts? Let’s delve deeper into the global landscape of scam-related losses. Rank Country Average Loss (USD) 1 United States $3,500…

Uniting Forces for Africa's Future: The Africa CEO Forum Imagine a room buzzing with the energy of over 2,000 business leaders and government officials, all united by a singular goal: steering Africa toward a more prosperous future. That's exactly what the Africa CEO Forum, organized by the renowned Jeune Afrique Media group in collaboration with the International Finance Corporation (IFC), aims to achieve. This year's theme, “Can a New Deal Between State and Private…

The road to the 2026 FIFA World Cup—set to unfold in the vibrant landscapes of the United States, Canada, and Mexico—has already seen four thrilling rounds of qualification matches. As we gear up for Match Day 5, anticipation builds with an array of compelling clashes on the horizon. On Wednesday, March 19, soccer enthusiasts can expect four captivating encounters. The spotlight will undoubtedly shine on Liberia, who will face Tunisia, the current frontrunners in Group H. This match presents an opportunity for Liberia to…

In the bustling world of academia, the reputation of a university isn't just an accolade; it’s a compass that guides excellence from every corner of the globe. How does an institution cultivate such esteem? Is it the grandeur of its campus, or perhaps the wisdom whispered through its ancient halls? The answer, while layered, often boils down to a university's ability to attract resources, talent, and international partnerships. Let's journey into the realm of globally renowned…