Browsing Tag

control

Sixteen Flights at Dublin Airport Disrupted Amid French Air Traffic Control Strike

A total of 16 flights connecting Dublin Airport with Paris, Biarritz, Nice, and Murcia in Spain have been canceled due to a nationwide air traffic controller strike in France, set to affect operations today and tomorrow. Graeme McQueen, a spokesperson for DAA, confirmed, "The cancellations include eight departures and eight arrivals." It's worth noting that, as of now, there are no reported cancellations for flights arriving at or departing from Cork Airport today. For travelers flying to or over mainland Europe, McQueen…

U.S. Shifts Foreign Aid Control to State Department: Implications for Africa

The USAID Transition and Its Implications for Africa The recent announcement made by Secretary of State Marco Rubio signals a paradigm shift in U.S. foreign engagement, particularly concerning Africa. This significant transition, which will take effect on July 1, has left many wondering about its repercussions. For decades, USAID has played a crucial role in development, acting as a dependable partner in the region. Yet, this revamped approach prompts serious questions about the future of global development efforts. Rubio…

Niger’s Leaders Plan to Take Control of Uranium Mine from Orano

In a bold and significant move, Niger's government has announced its intention to nationalize the Somair uranium joint venture, currently under the management of the French nuclear fuel company, Orano. The announcement, made via an official statement that aired on national television, is not just a routine policy change; it's a pivotal moment in the ongoing dialogue—and, quite frankly, tension—between Niger and foreign stakeholders invested in its rich mineral resources. Tensions have been brewing for some time,…

Mali Seizes Control of Barrick Gold Mine Amid Tax Controversy

On a recent Monday, Judge Issa Aguibou Diallo made a pivotal ruling that has shifted the course of one of Africa's most precious mining assets. He instructed that Zoumana Makadji, a chartered accountant and former Malian Minister of Health, be appointed as a provisional administrator within 15 days. This critical move effectively places operational control of the mine into the hands of an external authority, prompting questions about the future of this vital resource. Dispute Over Taxation…

Tanzania Seeks Greater Control Over Its Gold Resources Alongside Africa

In recent times, the landscape of gold mining in Africa has been evolving rapidly, as nations across the continent actively seek to assert more control over their natural resources. This journey toward resource nationalism is gaining momentum, and Tanzania stands at the forefront of this movement. A significant policy decision has just been made, placing Tanzania alongside other African countries that are reevaluating their relationships with foreign mining companies. With rising global gold prices, this initiative…

Burkina Faso’s Military Government Seizes Control of Five Gold Mines

Burkina Faso has taken a monumental step toward asserting control over its natural resources by officially transferring five gold mining assets to its state-owned mining company. This move marks a pivotal moment in the nation’s efforts to enhance its sovereignty and economic position in the global mining industry. This transition was confirmed through a decree published late Wednesday, signaling the completion of a process that began in August 2023. The government’s actions reflect a growing desire to centralize management…

Liberian Operator Faces Backlash Over Complete Control of Oil Blocks

In a recent pivot of policy, President Joseph Boakai’s choice to transfer complete ownership of four oil blocks to the National Oil Company of Liberia (NOCAL) has ignited a firestorm of criticism from industry experts. The decision, made without consulting the National Legislature, raises significant concerns about transparency and could potentially diminish investor confidence in Liberia's oil sector. This contentious move invites scrutiny. Critics question the implications of bypassing legislative input, suggesting that…

Burkina Faso Expands State Control Over Gold Ventures with New Law

Burkina Faso's Bold Move to Enhance National Profit in Gold Mining In a significant development for its mining landscape, Burkina Faso has officially increased its free-carried equity stake in key gold mining projects from 10% to 15%. This change comes in line with the provisions outlined in the new Mining Code, which was adopted in August 2024. It's a pivotal moment, one that reflects a larger narrative of national sovereignty and economic empowerment. This adjustment affects several prominent mining assets, including…

Somalia Wraps Up Arms Control Summit Amid Rising Al-Shabaab IED Threat

Somalia's National Conference on Arms Management: A Step Towards Greater Security Mogadishu (AX) — Recently, Somalia concluded a significant two-day national conference focused on arms and ammunition management, leaving many to ponder the pivotal issues at hand. Held in the vibrant capital of Mogadishu, the conference aimed to address the escalating threat from improvised explosive devices (IEDs), primarily employed by Al-Shabaab militants. Indeed, in a nation where the echoes of conflict still resonate, the stakes could…

Equatorial Guinea Secures Control of Contested Islands from Gabon

In a significant development for international relations, the International Court of Justice (ICJ) recently delivered a ruling concerning the islands of Mbanie, Conga, and Cocoteros. These tiny, sparsely populated landmasses now officially rest under the sovereignty of Equatorial Guinea, a resolution that puts a close to a territorial disagreement that has lasted for decades with Gabon. While these islands may seem inconsequential at first glance, they lie in waters believed to be rich in oil and gas reserves, a detail that…

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