Browsing Tag

Emerges

Kenya Emerges as a Central Point for African Gold Smuggling

In recent years, Kenya has steadily positioned itself as a pivotal transit hub for gold trafficking, particularly from African nations grappling with instability and governance challenges. According to a comprehensive report released by SwissAid, a non-governmental organization dedicated to resource justice and development, the intricacies of this illicit trade reveal a pressing need for deeper scrutiny and understanding. A significant portion of Kenya's gold production originates from artisanal and small-scale…

Peter Turkson from Ghana Emerges as a Leading Candidate for Pope

On Monday, the world bid farewell to Pope Francis, the 266th leader of the Roman Catholic Church, who passed away at the age of 88. His departure marks the end of a remarkable chapter in a papacy that spanned over 12 years—a tenure characterized by a commitment to inclusivity, compassion, and addressing global issues that touch the lives of millions. In a world often fraught with division, he sought to offer a message of unity and understanding. As the Church and the broader world come to terms with this loss,…

Gold Emerges as the Unforeseen Trump Trade for Dubious Motives

The yearning for certainty in a turbulent market is palpable, especially when political decisions add layers of unpredictability. This is a sentiment echoed by many investors amidst the upheavals caused by policy shifts, notably those under Trump's administration. In the world of finance, where assurance is as rare as a unicorn, gold has emerged as a beacon. From a price of just over $2,000, it's climbed above $3,000, marking one of the most significant surges for…

New Estimates Suggest Nigeria’s Newest Billionaire Emerges

It’s fascinating to witness the blossoming success of Tony Elumelu, a household name in Nigeria and across Africa. Currently estimated at a net worth of $2.15 billion by MoneyCentral, Elumelu has not only established himself as a formidable business titan but also as an inspiring figure. This astonishing figure makes one ponder, what sets him apart? Let's delve into the details. According to recent evaluations, this notable ascent comes primarily from his calculated investments and ownership stakes…

Mark Carney Emerges Victorious in Bid to Succeed Trudeau as Prime Minister of Canada

Mark Carney, the former governor of the Bank of England, has emerged victorious in the race to lead Canada’s ruling Liberal Party, preparing to succeed Justin Trudeau as prime minister. Mr. Carney steps into this pivotal role during an especially challenging time for Canada, as the nation grapples with a trade conflict with the United States, led by President Donald Trump, alongside an impending general election. Securing an impressive 86% of the votes cast, Mr. Carney triumphed over former finance minister Chrystia…

Croatian Deputy Prime Minister Steps Down After Controversial Gun Shooting Footage Emerges

The political landscape in Croatia has taken a swift and startling turn as Deputy Prime Minister Josip Dabro has stepped down in the wake of a controversial video that portrays him indulging in reckless behavior—shooting randomly from a moving vehicle. This incident adds fuel to the fire for Prime Minister Andrej Plenkovic's administration, which has already been dealing with its share of scandals. Just last November, the health minister, Vili Bros, got the boot amid a corruption investigation. Talk about a rough patch! In…

Report: IS-Somalia Emerges as Financial Center; Leader May Ascend to Top IS Position

According to a report, IS-Somalia manages to fund terrorist activities in multiple African nations. Omar Mahmood, a senior researcher with the International Crisis Group (ICG), remarked that IS-Somalia's influence extends beyond Somalia's borders to a greater extent than that of al-Shabab. "Al-Shabab is undeniably a larger menace," conveyed Mahmood. "However, IS-Somalia has endured significant challenges and established itself within the broader Islamic State network, particularly as a crucial financial hub among its…

Mogadishu University Emerges Victorious in Somali IHL Competition, Moves Forward to All Africa Finals

Mogadishu (AX) — Shazam! Mogadishu University clinched victory in the Somali International Humanitarian Law (IHL) Competition and will now wave Somalia’s flag at the All Africa IHL Competition in Nairobi this November. The showdown, which happened on Wednesday in Mogadishu, marked the first in-person gathering after a couple of years of virtual reality. Mogadishu University outperformed Somali National University in a tense and gripping final match-up.This dynamic contest, crafted by the International Committee of the Red…

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