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Business and Finance

Essential Insights on Guinea’s Major Iron Ore Development Project

Simandou Iron Ore Project: A New Era for Guinea In a significant development for West Africa's economic landscape, Rwandan President Paul Kagame and Guinea's military leader, Mamadou Doumbouya, have officially inaugurated the Simandou Iron Ore Project in Conakry. This historic project, often heralded as one of the largest mineral development initiatives globally, promises not only to reshape Guinea's economy but also to significantly influence the international iron ore market. A Long-Awaited Vision Decades in the making,…

G20 Summit Goes Ahead as Planned Despite U.S. Absence

G20 in Johannesburg: A test of multilateralism as the Global South takes the stage The 2025 G20 summit in Johannesburg will be historic: the first time the grouping meets on African soil. Under South Africa’s presidency and the banner "Solidarity, Equality, Sustainability," Pretoria aims to pivot the world’s premier economic forum toward issues that disproportionately affect the Global South — debt distress, climate resilience, and stark global wealth gaps. But the summit opens under an unusual cloud. President Donald…

Major Oil Company Insists on Billions to Restart Mozambique Operations

TotalEnergies’ $4.5 billion demand tests Mozambique’s post-conflict recovery When the French energy giant TotalEnergies pressed Mozambican authorities this month to cover U.S.$4.5 billion in “costs of closure” as a precondition for returning to its troubled northern operations, it handed a politically combustible problem to a country still wrestling with violence, displacement and fragile state finances. The demand — disclosed in a letter to the presidency and reported by Mozambican sources — bundles several company…

Amnesty Urges Justice for Nigeria’s Ogoni Nine After Three Decades

Remembering the Ogoni Nine: A Struggle for Justice in the Niger Delta The echoes of anguish from the Niger Delta reverberate once again as we mark the 30th anniversary of the execution of the Ogoni Nine. These nine gallant voices were silenced on November 10, 1995, after courageously leading protests against the environmental devastation wrought by oil giant Shell and the Nigerian government. As activists continue to demand justice, this anniversary serves as a poignant reminder of the ongoing battle for human rights and…

Nigerian Healthcare Grounded as Doctors Launch Strike Action

Healthcare Crisis Deepens in Nigeria Amid Ongoing Doctors' Strike As Nigeria grapples with a healthcare crisis, the ongoing strike by the Nigerian Association of Resident Doctors (NARD) has entered its tenth day, leaving countless patients stranded and desperate for care. Over 11,000 resident doctors are participating in this industrial action, which has effectively paralyzed medical services across the country. The line between life and death has become uncomfortably thin as hospitals reduce their operations due to the…

Militant Violence Erodes Mozambique’s Vital Natural Gas Revenues

After years of silence, Mozambique’s gas dream restarts — but who will pick up the tab? When French energy major TotalEnergies announced it had lifted the force majeure on its liquefied natural gas project off Mozambique’s northern coast, the message was outwardly simple: long-dormant gas operations in the Rovuma Basin are ready to resume. The subtext, however, is far murkier. The four-and-a-half-year pause — driven by an insurgency that convulsed Cabo Delgado — has transformed what was a marquee energy project into a…

Afrieximbank Chief Elombi Urges Africa to Boost Processing and Manufacturing

New Afreximbank chief vows to turn raw exports into homegrown industry — but the path is steep In a stately ceremony in Cairo on Oct. 25, Dr. George Elombi took the oath as president and chairman of the African Export-Import Bank (Afreximbank), laying out a mission that is at once technical and deeply political: to break a continent’s dependence on exporting raw materials and instead build the factories, ports and skills that keep wealth in Africa. "To change the structure, we must process. We must produce. Unless we…

Africa as Co-Architect, Not Guest, in Global Health Systems Design

In Durban, Africa's public health debate turns from aid to agency Durban — Delegates in brightly patterned shirts and surgical scrubs threaded their way through the humid corridors of the conference centre here, trading phone numbers, business cards and the kind of blunt, practical advice that follows crises. This was not a glossy health summit but a working room: ministers, nurses, start‑up founders, community health workers and WHO officials convened for the 4th International Conference on Public Health in Africa (CPHIA)…

Disputes Over Gold Claims Trigger Violent Clashes in Northwestern Zambia

Violence erupts as social-media-fuelled gold rush swamps northwestern Zambia Hundreds of police clashed with thousands of informal miners this week in northwestern Zambia after viral posts claimed gold lay just beneath the surface across a wide rural swathe. The sudden influx — tens of thousands of people by local estimates — overwhelmed local authorities, sparked allegations of bribery and violence, and prompted a delegation of senior ministers to the scene in a bid to restore order. Officials said security forces had…

U.S. Eyes Liberia’s Rich Mineral Resources for Investment Opportunities

Unlocking Potential: U.S.-Liberia Relations and the Minerals Frontier In the muted halls of Washington, a significant dialogue unfolded last week that highlights the intricate dance of geopolitics and resource diplomacy. U.S. Secretary of State Marco Rubio met with Liberian Foreign Minister Sara Beysolow Nyanti, discussing the expansion of American interests in Liberia's critical minerals sector. This meeting is more than just a diplomatic handshake; it symbolizes a burgeoning relationship that could redefine not just…