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Burkina Faso's military-led government has recently moved to secure its economic future by granting an industrial mining license to Nordgold, a Russian company. This new gold project is a strategic step for the West African nation, which seeks to leverage soaring gold prices to bolster an economy still reeling from continued insecurity. The decision comes at a crucial time. Amid a backdrop of turmoil and unrest, Burkina Faso looks toward gold, not just as a precious metal but as a lifeline. According to a report by Reuters,…

In a significant development for telecommunications in Guinea-Bissau, the National Regulatory Authority for Information and Communication Technologies (ARN-TIC) has granted official approval for Starlink, the innovative satellite internet service developed by Elon Musk. This decision is likely to transform connectivity in the region, offering new possibilities for both individuals and businesses. The announcement came from Bamba Kote, the Chairman of the Board of Directors of ARN, during the opening ceremony of…

Starlink's Expansion: Somalia Joins the Network In a noteworthy stride toward digital connectivity, Somalia has become the most recent African country to welcome Starlink into its technological fold. This development follows similar introductions to West African nations like Liberia and Niger earlier this year. Starlink's unique offering utilizes low Earth orbit (LEO) satellites to deliver high-speed internet, ensuring seamless, low-latency connections even in areas traditionally burdened by limited…

In the ever-evolving landscape of finance, every strategic move tells a story. Take Standard Chartered Plc, for example, a banking giant that's now setting its sights on broadening its horizon in Africa. But what drives this ambition, and why now? The journey began after the bank decided to retract from several smaller African markets. This was a decision that unfolded over a three-year spell. Their strategic exits might prompt the curious mind to ask: what next for the bank on this diverse and promising…

Edited By Ali Musa Axadle Times International – Monitoring In the bustling world of global fuel trade, have you ever wondered how far-reaching one company's influence can be? Let's explore the captivating journey of Dangote Refinery, a name that is becoming increasingly synonymous with innovation and reach in the international fuel markets. This story is not just about oil and numbers; it’s a reflection of strategic moves and resilience against the odds. The refinery’s products are now being exported to strategic…

From the dusty roads of Niger to the sprawling urban centers of its neighbors, a silent but significant change is unfolding—a new era of digital connectivity. You might wonder how a landlocked nation bordered by Libya and Nigeria becomes a talking point in a global tech narrative? It begins with a name that's become synonymous with space-age internet solutions—Starlink. Starlink, an ambitious venture by SpaceX, renowned for its pioneering work in space exploration, is now setting foot in…

Aliko Dangote: The Rise of Africa's Wealthiest Titan Reflect for a moment on what it takes to nearly double one's wealth in a single year. Not just a modest increase, mind you, but an upsurge that pushes your financial power to an awe-inspiring $23.9 billion. This is the narrative of Aliko Dangote, a name that resonates profoundly not only across Africa but around the world. Today, standing proudly as the richest person on the continent, he commands a global ranking of 86th. How did he get…

Imagine waking up to find your bank account has nearly doubled overnight. For Nigerian billionaire Aliko Dangote, this scenario isn’t a dream—it’s reality. As of now, Dangote's fortune stands at a staggering $23.9 billion, earning him the title of the wealthiest person in Africa and placing him 86th on the global stage. Just a year ago, in 2024, Forbes had listed him in the 144th position worldwide with a net worth of $13.4 billion. Quite the leap, wouldn’t you say? So, what triggered this massive…

Al-Shabaab is expanding its tax collection bases, claims Somalia's opposition MOGADISHU, Somalia - The Somali government has once again been alerted to allegations that al-Shabaab militants are now controlling large parts of the country in the midst of an ongoing stalemate before the election, which has literally brought many activities to standoff in the country. In a harsh…