Browsing Tag

Economy

Nigerian Leader Appoints New Oil Executives Following Corruption Allegations

In a significant shakeup within Nigeria's petroleum regulatory landscape, President Bola Tinubu has replaced the heads of two pivotal agencies following the resignation of their chief executives. The changes affect the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), marking a notable turn in the country’s oil and gas governance. The resignations of Farouk Ahmed, head of NMDPRA, and Gbenga Komolafe, head of NUPRC, come in the wake…

South Africa Deports Kenyans Caught Working Illegally at Afrikaner Hub

South Africa has detained and moved to deport seven Kenyan nationals it says were working without permits at a facility processing refugee applications from white South Africans, intensifying a diplomatic row with the United States. South African authorities said intelligence reports showed people “had recently entered South Africa on tourist visas and had illegally taken up work” at the centre. The seven Kenyans were arrested, denied work visas and are to be deported with a five-year ban on re-entry, officials said. “They…

Botswana Issues Alert Over Foot-and-Mouth Disease Outbreak in South Africa

GABORONE — Botswana has urged farmers and other stakeholders along its border with South Africa to be on high alert after an outbreak of Foot-and-Mouth Disease (FMD) was reported in Limpopo Province, the Ministry of Agriculture said in a statement. The ministry called on livestock owners and the public to report any signs of the viral disease — including drooling and ulcers in the mouth, on the muzzle or on the hooves — to the nearest veterinary office or to the Botswana Police Service. “Reports of suspect animals should…

Ex-Congolese Warlord Receives 30-Year Sentence for War Crimes

Historic Sentencing of Congolese Rebel Leader in France A French court has sentenced former Democratic Republic of Congo rebel leader and politician Roger Lumbala to 30 years in prison after finding him guilty of complicity in crimes against humanity committed more than two decades earlier during the Second Congo War. The 67-year-old, who led the Uganda-backed Rally of Congolese Democrats and Nationalists, was convicted of ordering or aiding and abetting a variety of heinous acts, including torture, inhumane treatment,…

South African DJ Warras Fatally Shot; Police Open Murder Investigation

Former radio DJ Warrick Stock, known professionally as DJ Warras, was shot and killed outside the Carlton Centre in central Johannesburg, police said Monday. Johannesburg police said Stock was approached by three unknown suspects after parking his vehicle in the area. The attackers opened fire after he stepped out of the car, and then fled on foot. No arrests have been made and the motive remains under investigation, authorities said. According to police, Stock was reportedly inspecting a building he had contracted to a…

South African DJ Warras Fatally Shot; Authorities Launch Murder Investigation

Former radio DJ Warrick Stock, known on air as DJ Warras, was shot and killed outside the Carlton Centre in central Johannesburg, police and witnesses said. Police said Stock was approached by three unknown suspects after parking his vehicle and was shot before the attackers fled on foot. Initial accounts circulating on social media and among colleagues said he had been inspecting a building guarded by his security company and was fired on after stepping outside. The shooting, which occurred in a busy commercial area of…

Somalia, Turkish firm OYAK sign major deal to develop the blue economy

ANKARA, Turkey — Somalia finalized a wide-ranging cooperation pact with Turkish industrial group OYAK on Tuesday, launching a program to expand and modernize the Horn of Africa nation’s fisheries while strengthening maritime security and creating jobs along its coast. Somalia’s Minister of Fisheries and Blue Economy Ahmed Hassan Adan signed the Cooperation and Marine Production Development Partnership at a ceremony in Ankara, calling it a step-change for the country’s blue economy. The agreement, he said, will channel direct…

Africa Emerges as the Most Limited Area Due to New U.S. Entry Restrictions

Trump Expands Travel Restrictions, Targeting 15 Additional Countries President Donald Trump has expanded United States travel restrictions to include an additional 15 countries, predominantly in Africa, a move that is poised to exacerbate tensions in U.S.-Africa relations and disrupt travel, education, and business connections across the continent. Among the newly added countries, 11 are African: Angola, Benin, Côte d'Ivoire, Gabon, The Gambia, Malawi, Mauritania, Nigeria, Senegal, Tanzania, Zambia, and Zimbabwe. This…

Somalia and Turkish conglomerate OYAK sign deal to develop blue economy

Ankara, Turkey — Somalia signed a sweeping cooperation agreement with Turkish industrial group OYAK on Tuesday, launching a multi-year push to modernize the country’s fisheries and blue economy while tightening maritime security and creating jobs along its coastline. The pact, finalized by Somali Minister of Fisheries and Blue Economy Ahmed Hassan Adan in Ankara, formally establishes the Cooperation and Marine Production Development Partnership. The initiative is structured to protect Somalia’s marine environment and unlock…

Dozens Dead as Sudden Flash Floods Sweep Across Morocco

At least 37 people were killed after flash floods struck Morocco’s coastal Safi region following hours of torrential rain that swept cars and debris through the port city, local authorities said Monday. Dozens of people were treated in hospitals, and emergency services reported at least 70 homes flooded in the old city centre. Some roads into and out of Safi were blocked by water, mud and wreckage, hampering relief efforts and isolating neighbourhoods. “It is a dark day for the city,” residents told local media, urging the…