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Exploring Pension Asset Investments Across Africa’s Nations
When discussions about Africa’s development arise, the narrative often gravitates toward foreign aid or investments. But what if the keys to building Africa’s vibrant future lie right here, within our own borders?
Recent insights from the Africa Finance Corporation (AFC) indicate precisely that. Astonishingly, Africa is home to over $1.1 trillion in institutional capital derived from domestic sources such as pension funds, insurance companies, sovereign wealth funds, and development banks. Imagine that…
President Mohamud Extends Congratulations to Djibouti on 47th Independence Day
Mogadishu (AX) — In a heartwarming gesture that echoes the spirit of unity, Somali President Hassan Sheikh Mohamud recently extended his heartfelt congratulations to the government and citizens of Djibouti as they celebrated the 47th anniversary of their independence. This occasion, which marks a significant milestone in Djibouti's history, was met with a message that went beyond mere pleasantries; it was a commitment to continue fostering bilateral cooperation between the two nations.
In a thoughtful statement issued on…
Australian Court Rejects Appeal from Opposition Leaders in Cote d’Ivoire
In a significant legal setback, the African Union Court on Human and Peoples' Rights has dismissed a petition from former president Laurent Gbagbo and ex-prime minister Guillaume Soro. They sought to annul a ban preventing them from participating in Côte d’Ivoire's imminent election, a crucial political event.
Both Gbagbo and Soro contended that the Ivoirian judicial system infringed upon their rights, a claim that they believed warranted the court’s urgent attention. However, the court’s ruling on Thursday underscored a…
Discover the 3 African Unicorns Featured in TIME’s 100 Influential Companies
Each year, TIME magazine curates a prestigious list that shines a spotlight on 100 companies from diverse industries around the globe, acknowledging those that are making extraordinarily impactful contributions to their fields. Now in its fifth iteration, this list celebrates not just innovation, but the spirit of resilience and adaptability that defines contemporary business.
Moniepoint Inc
Among this year’s honorees is Nigeria's own Moniepoint Inc., which earned its place in the Leaders category alongside…
Magnum Man Unveils Project Ilashe: A Tribute to Lagos’ Coastal Spirit for Summer ’25
In the world where fashion becomes a canvas for storytelling, the upcoming collection, Project Ilashe, is nothing short of a vibrant tapestry woven with threads of culture, craftsmanship, and modern aesthetics. As it prepares to debut in Paris, France, and at the prestigious Maison Magnum in Lagos on June 27th, anticipation fills the air like the faint scent of the ocean breeze—inviting and refreshing.
Highlights from the collection include:
Egun Pants: Imagine wide-leg trousers that tell a story of heritage. Crafted from…
African Nations Engaged in Over Five International Conflicts
It’s hard not to feel a heightened sense of tension in the world today—an undercurrent of uncertainty that seems to permeate our daily lives. If you've observed this sensation, you’re not alone. The latest findings from the 2025 Global Peace Index (GPI) corroborate these feelings, revealing a sobering truth: global peacefulness has declined for the sixth consecutive year. Alarmingly, this marks the 13th time in 17 years that we have witnessed such a backtrack.
Yet, amidst this general decline, a curious silver…
Ghana Faces U.S. Visa Scrutiny Due to Student Overstay Issues
Emerging Challenges in U.S.-Ghana Relations
In a recent press briefing on June 26, Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, shed light on a pressing issue that has surfaced between Ghana and the United States. The revelation that around 21% of Ghanaian students in the U.S. have overstayed their visas—a figure that surpasses the acceptable limit of 15%—has raised some serious eyebrows. This alarming statistic was confirmed by U.S. authorities, causing palpable concern within the Ghanaian government and…
Farmaajo Encourages Collaborative Dialogue Between Mohamud and Somali Salvation Forum
Mogadishu (AX) – A Step Toward Political Harmony
In a significant political development, former Somali President Mohamed Abdullahi Farmaajo has voiced his support for a recent meeting between current President Hassan Sheikh Mohamud and the Somali Salvation Forum. This gathering, held in Mogadishu, has been described by Farmaajo as a pivotal move toward reconciling pressing political differences that have long clouded the nation's future.
In a press statement issued on Thursday, Farmaajo emphasized the importance of this…
Tinubu Enacts Four New Laws to Reform Nigeria’s Taxation Framework
In a significant move poised to reshape Nigeria's financial landscape, Bola Tinubu has recently ratified four pivotal pieces of legislation aimed at overhauling the country’s tax framework. These reforms are not mere bureaucratic adjustments; they are fundamental shifts intended to streamline revenue collection processes, alleviate the tax burden on select individuals and enterprises, and ultimately boost fiscal resources for government initiatives.
The quartet of bills, comprising the Nigeria Tax Bill, the Nigerian Tax…
Erdogan Welcomes Somali Minister as Energy Partnership Strengthens
Strengthening Maritime Ties: Turkey and Somalia’s Emerging Partnership
Ankara (AX) — In a significant development for international relations, Turkish President Recep Tayyip Erdogan welcomed Somalia’s Minister of Ports and Marine Transport, Abdulkadir Mohamed Nur, this past Thursday in Ankara. According to reliable Turkish diplomatic sources, this closed-door meeting has sparked interest, although the details remain somewhat elusive.
Why are such meetings important? They signify not just political alliances, but also a…