Business

Namibia has suspended imports of live poultry, birds and poultry products from South Africa following the spread of highly pathogenic avian influenza (HPAI) in the neighbouring country, Reuters reported. The suspension is in effect until further notice, the agriculture ministry said in a statement released on Wednesday. South Africa is …

Canada’s Roxgold on Friday opened its gold mine in the north-western region of Ivory Coast, aiming to produce about 130,000 ounces of gold per year, Reuters reported, citing the company. “We have more than 10 years of mining production ahead of us at Seguela and our ambition is to continue …

Authorities in the United Arab Emirates (UAE) have annonced the lifting of a year-long visa ban imposed on Nigerian travellers. The restriction placed last October was lifted following negotiations between Nigeria’s President Bola Tinubu and UAE leader Mohamed bin Zayed Al Nahyan in Abu Dhabi, on Monday. President Tinubu’s spokesperson …

Nigerian banks have informed the public that financial services will be temporarily unavailable on September 5 and 6, 2023, as they are on a two-day nationwide strike. This directive has been issued by the National Union of Banks, Insurance, and Financial Institution Employees (NUBIFE). The memo, dated September 2, 2023, …

The World Bank has announced the suspension of new loans to Uganda following the enactment of the anti-homosexuality law in the country. President Yoweri Museveni signed the anti-LGBT law in May, which imposes the death penalty for “aggravated homosexuality” and a 20-year prison sentence for “promoting” homosexuality. The World Bank …

Ghana’s main opposition party, the National Democratic Congress (NDC) has given a three-week ultimatum to the central bank governor and his deputy to resign. NDC accuses Ernest Addison of recklessness and mismanaging the bank – with the bank accused of illegally printing money and spending over $8.6m on travel expenses. …

Kenya’s interior ministry said on Wednesday that it had suspended the local activities of cryptocurrency project Worldcoin while government agencies assess potential risks to public safety, Reuters reported. The project founded by OpenAI CEO Sam Altman launched last week. It requires users to give their iris scans in exchange for …

Nigerian President Bola Tinubu has appointed Jim Obazee as a special investigator to investigate activities of the Central Bank of Nigeria and other related entities. In a letter dated July 28, Mr. Tinubu said the appointment of Mr. Obazee, based on the fundamental objective stated in Article 15 (5) of …

A crown-shaped ring, designed and worn by California rap legend Tupac Shakur shortly before his assassination in 1996, fetched more than $1 million at a hip-hop auction. The gold jewel, adorned with rubies and diamonds, is now the most expensive object related to hip-hop ever acquired at auction, according to …

Five activist groups have sued French oil major TotalEnergies for a second time over its projects in Uganda and Tanzania in a Paris civil court, they said on Tuesday, after an earlier fast-track attempt was dismissed in February, Reuters reported. The French and Ugandan groups, led by Friends of the …