Henley & Partners, a citizenship and planning firm, has ranked Kenya’s passport as the eighth most powerful in Africa. The new research shows the country has, however, slipped down three places compared to the previous years. The firm took into account how many countries can be visited without applying for a visa. Kenya citizens can […]
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Thursday, November 8, 2018; Lagos, Nigeria: Chairman, Heirs Holdings and Founder, Tony Elumelu Foundation; Tony O. Elumelu, CON has called on African Heads of State to develop policies to attract Private Sector Investment. He made this call while speaking to private sector captains, global investment leaders and key players in Africa’s development sector at a […]
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Nigeria and some African countries have expressed their readiness to address challenges of achieving a free trade zone in Africa. The Vice-President Yemi Osinbajo and some other stakeholders from different countries in Africa spoke at the Africa Trade Forum 2018, which was co-hosted by the United Nations Economic Commission for Africa, the Rockefeller Foundation, the […]
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Heads of State, Governments and delegations from 52 African countries, which includes Nigeria and the People’s, Republic of China met in Beijing, under the auspices of the Forum on China and Africa Cooperation (FOCAC). The tri-annual summit was held with the theme: “China and Africa: Towards an Even Stronger Community with a Shared Future through […]
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Nigerian airlines and others in Africa have recorded a 10.9 per cent rise in passenger traffic. The International Air Transport Association, in its global passenger traffic results for June 2018, stated that the rise was due to stability in the economies of the countries. “African airlines’ traffic soared 10.9 per cent in June, up substantially […]
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Governor Akinwunmi Ambode of Lagos State has said that the greatest achievement of his administration was the protection of lives and property of residents of the state. The Governor also enthused that Lagos State has become one of the safest cities in Africa even as the state has invested over ₦20 billion on security in […]
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The French government has signed a development finance agreement with Tony Elumelu Foundation, TEF, for development finance and entrepreneurship in Africa. The agreement worth one billion Euros was executed yesterday in Lagos at the instance of the French President, Emmanuel Macron, who announced the deal yesterday during a talk show with nearly 2,000 TEF alumni […]
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Nigeria has the highest interest rate in Africa, a study has revealed. According to a study sub-Saharan Africa has some of the highest interest rates in the world. The study conducted last year by Investmentfrontier.com, showed that four of the six countries with the world’s highest interest rates are in sub-Saharan Africa. The countries are […]
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Top Chinese oil company CEFC China Energy on Tuesday denied any involvement in an alleged multi-million dollar bribery scandal that US investigators say helped the giant win business advantages in Africa. US officials announced Monday that they had arrested Hong Kong’s former home affairs secretary and the ex-foreign minister of Senegal for leading the alleged […]
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Former Ghanaian President, Mr. John Mahama, yesterday, said African leaders must be bold and take the destiny of the region into the hands of Africans. He spoke on “Challenges of Governance and Development in Africa,” at a lecture organized by the Department of State Service, for its Officers Course 10 participants, in Abuja. His words, […]
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Sitting on the floor and dressed in black, the 15-year-old held her baby as panicked tears welled in her eyes. Her husband, two decades her senior, could kill her if he found out she was telling her story, she said. She was married at age 13 in the West African nation of Guinea because her […]
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The African Development Bank (AfDB)’s new initiative Technologies for African Agriculture initiative will produce 513 million tonnes of additional food across Africa. It will also lift nearly 250 million Africans out of poverty by 2025. A statement from the bank said 25 African countries have written letters, confirming their interest and readiness to participate in […]
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