Author: Editorial Staff

CAIRO–(BUSINESS WIRE)–Egyptian Squash players Ali Farag and Hania El-Hammamy seized the titles at the CIB Egyptian Squash Open 2022, ranked internationally as the first and the second, respectively. In fact, this year’s tournament was the fourth Men’s and Women’s Platinum edition, and it took place by the iconic Pyramids of Giza, and spanned from the 19th to the 25th of September. It is noteworthy that the tournament was held under the auspices of the Ministries of Youth and Sports, Tourism and Antiquities, together with the General Egyptian Authority for Tourism Promotion, in partnership with Dunlop and with the participation of…

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TORTOLA, British Virgin Islands, 28 September 2022 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, is listing AGLA, the utility token of the Angola Project, on the Bybit Launchpool. The Angola Project is a social NFT system built upon the blockchain-based web3 creator economy. Its aim is to become a mainstream NFT ecosystem by enabling people to create NFT content in their everyday lives. Users, as participants in the Angola project, can issue NFTs with images and video content using NFT cameras for a variety of purposes in the NFT social system. Once users issue NFTs, its value will…

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Pictured from left to right: Hans Osnabrugge, Jorne Schamp and Dean Hiine. JOHANNESBURG, South Africa, 3 October 2022 -/African Media Agency(AMA)/- International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone worldwide, has secured an additional $3 million in seed round funding, taking its total seed round to $7 million after its first closing in May. The funds will help the company grow its market share in South Africa, drive its growth on the rest of the continent and launch its market first pan-African payment platform in 2023. The…

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SINCE the ushering in of multi-party politics in Africa, after the fall of the Berlin Wall, in the early 1990s, observation of elections by external organisations has been one of the mechanisms employed to ensure free and fair elections in these countries. Although such monitoring is also carried out by local groups, there seems to be a general view that the credibility or otherwise of elections are better established by external observers with no stake in the voting. This could be a naïve view, though. Before any multi-party election in African states, a number of international organisations such as the,…

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SOUTH African President Cyril Ramaphosa will make a state visit to Britain, Buckingham Palace said on Monday, the first such visit since King Charles III succeeded his late mother Queen Elizabeth II last month. Ramaphosa and his wife, Tshepo Motsepe, have accepted an invitation from the new British monarch for the November 22-24 state visit, the palace said. Former South African presidents Nelson Mandela, Thabo Mbeki and Jacob Zuma all made state visits to Britain. Britain exported £4bn ($4.5bn) of goods and services to South Africa in 2021 and its imports from the country were worth about £8bn, according to…

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ZIMBABWE wants gold, diamond and platinum miners to pay half of their royalties to the government in the commodities themselves and the rest in cash, as the country seeks to build its mineral reserves. The treasury was concerned that Zimbabwe did not have reserves of the minerals, which ‘serve as a source of trust in a country given that they carry no credit or counter party risks,’ secretary for finance George Guvamatanga said in a letter sent to the ministry of mines on September 2, according to  Bloomberg.  Guvamatanga confirmed the Treasury’s plans in an interview on Friday. ‘It’s something…

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THE global health and economic crisis caused by the Covid-19 pandemic impacted the economic foundations of the CEMAC zone in an unprecedented way due to the limited integration and economic diversification of the region. The six countries from the union – Cameroon, Equatorial Guinea, Gabon, Chad, the Central African Republic and the Republic of Congo – share a regional economy dominated mainly by hydrocarbons, which represent 80 percent of export revenues and 75 percent of tax revenues, according to the World Bank and the International Monetary Fund. From the six member states, only Cameroon is a net importer of oil.…

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THE international community should assist developing countries to harness nuclear technologies to meet their diverse development challenges, the International Atomic Energy Agency (IAEA) has been told. Leading the call during the IAEA’s 66th regular session that ended in Vienna on Friday was Dr Lans Gberie, Sierra Leone’s ambassador to the UN and other international organisations in Switzerland, Desmond Davies reports. He said: ‘As the international community is faced with many challenges, now more than ever there is a dire need for multilateralism and strong effective multilateral organisations such as the IAEA. ‘We must continue collectively to fulfil the Agency’s objective…

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THE Tanzanian government has scrapped its mobile money transfer levy starting October 1, 2022. The scrapping comes three months after the government slashed the transfer levy by 43 percent. Aside from mobile money transfers, Tanzania will remove the fee for bank transfers and waive the transaction fee on withdrawal of cash through bank agents and ATMs for values not exceeding TSh30,000 ($12.81). mobile news portal Connecting Africa reported. Making the announcement in parliament, Finance and Planning Minister Mwigulu Nchemba said scrapped levies will also include those on money transferred from bank accounts to mobile networks, money transferred within the same…

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GUNFIRE rang out across Burkina Faso’s capital on Saturday and fire broke out at the French embassy after self-declared leader Ibrahim Traore accused President Paul-Henri Damiba of staging a counter-offensive after his apparent ouster a day earlier. The standoff signals deep division within the army and a worrying new chapter for Burkina Faso, where a rampant Islamist insurgency has undermined faith in the authorities and displaced almost 2 million people, according to aid groups. The West African country and former French protectorate has become the epicentre of violence carried out by groups linked to al Qaeda and Islamic State that…

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