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Ghana’s Central Bank Shuts Down 10 Illegal Money Transfer Operators

On June 27, a statement was released on the Bank of Ghana's (BoG) website, garnering attention from publications like The High Street Journal. The Bank identified ten unlicensed money transfer firms that allegedly are conducting foreign exchange and remittance activities in clear violation of Ghanaian financial laws. Have you ever wondered how many people unknowingly rely on services that operate outside legal frameworks? The BoG stressed that these entities lack the necessary licenses and authorization to…

African Financial Leader Unveils $4B Investment in Dangote’s Oil Refinery

Afreximbank: A Catalyst for Change in Africa’s Energy Sector In a noteworthy development, Prof. Benedict Oramah, President and Chairman of the Board at Afreximbank, recently shared significant strides the organization has made during the closing session of its 32nd Annual Meetings. His insights offered a profound glimpse into how targeted financial interventions can reshape an entire continent's energy landscape. Oramah introduced the concept of what he refers to as “African Best…

Sahel Region’s New Governance Council Aims for Post-Coup Reforms

The Republic of Niger has taken a significant step forward in its political journey by officially unveiling the Consultative Council for Refoundation (CCR). This event marks yet another milestone in the nation’s ongoing transition towards a more stable and participatory governance. As reported by Sputnik Africa, the launch ceremony took place in the vibrant atmosphere of the Mahatma Gandhi International Conference Center located in the heart of Niamey, Niger's capital. Imagine the room filled with a diverse group of…

Court Exonerates Six Moroccans, Yet They Remain in Detention in Somalia

The Struggles of Six Moroccan Nationals in Somali Detention: A Call for Urgent Action For families, few scenarios are as harrowing as having a loved one languish behind bars, especially in a foreign land where the very essence of justice may seem elusive. Such is the poignant reality for six young Moroccan men currently imprisoned in Garowe, Northeastern State, Somalia. Their tale is one woven with hope, despair, and an urgent plea for intervention. Initially, these men embarked on what they believed would be a journey…

New Initiative to Combat Child Malnutrition in Drought-Stricken Kenya and Somalia

New Initiative Unites Forces to Combat Maternal and Child Malnutrition in Drought-Affected Regions In an inspiring show of collaboration, Health Cabinet Secretary Aden Duale recently joined forces with Abdirashid Duale, the CEO of Dahabshiil Group, and Moazzam Malik, the CEO of Save the Children UK, to unveil a groundbreaking partnership aimed at addressing maternal and child health services in parts of Kenya and Somalia impacted by severe drought. The urgency of this initiative is underscored by the alarming levels of…

Somali Security Minister Calls for Urgent Ceasefire in Abudwak District

Mogadishu (AX) — In a heartfelt plea for peace, Somali Minister of Internal Security, Abdullahi Sheikh Ismail Fartaag, has urgently called for an end to the ongoing and tragic inter-clan clashes that have escalated in Abudwak, a town nestled in the northern part of the Galgaduud region. The recent violence has not only disrupted the lives of residents but also raised troubling questions about the fragility of community harmony in this historically rich area. In a statement released on Sunday, Minister Fartaag…

Somali Leaders Pay Tribute to Jubbaland’s Late Vice President, Sultan Abdiqadir

Mogadishu (AX) — In a profound moment of loss, Somali President Hassan Sheikh Mohamud, Prime Minister Hamza Abdi Barre, and Speaker of the House of the People, Sheikh Adan Mohamed Nur (Madobe), have come forward to extend their heartfelt condolences on the passing of Sultan Abdiqadir Haji Mahmoud, who served as the Second Vice President of Jubbaland State. President Mohamud took a moment to reflect on the life of the late Sultan, paying homage to him as a revered elder whose contributions to peacebuilding, national…

Danab Commandos Eliminate 37 Al-Shabab Fighters in Lower Jubba

Mogadishu (AX) — In a significant military operation that underscores the ongoing commitment to national security, the elite Danab Commandos of the Somali National Army (SNA), in close collaboration with their international counterparts, successfully neutralized over 37 al-Shabab militants. This operation, as announced by the Ministry of Defense on Saturday, marks a critical milestone in the fight against militancy in the region. The operation was strategically focused on Maqoogaha village, situated approximately…

Deported: Refugee Convicted in Kiyan Prince’s Stabbing Case Sent to Somalia

In a tragic event back in May 2006, the unthinkable happened outside a school in Edgware, north-west London, where a young life was snuffed out far too soon. Kiyan Prince, a promising 15-year-old footballer with dreams that extended far beyond the playing field, was fatally stabbed while trying to intervene in a fight. This intense moment, arising from youthful bravado and miscalculations, forever altered the lives of those left behind. Fast forward to recent developments, and we now find ourselves reflecting on the…

Transforming Africa: Dangote’s Vision for a Thriving Future

Aliko Dangote, renowned as Africa's wealthiest individual, recently encouraged the continent to embrace a mindset rooted in bold aspirations and long-term vision. He believes that Africa holds the potential to transform into a “heaven” in a span as brief as five years. It’s a provocative thought—what if we actually could? This question resonates with many who are eager for change and growth. During his address at the 32nd Annual Meeting of the African Export-Import Bank (Afreximbank), Dangote emphasized the…

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