Ethiopia: 412.6 hectares of land held by investors revoked over failed job promises

Ethiopia has revoked a total of 412.6 hectares of land held by investors, including Ethiopian-born Saudi billionaire Mohammed Hussein al-Amoudi for failure to create jobs and develop the city, as promised when the lands were awarded to them, head of Addis Ababa Land Bank Tesfaye Tilahun told the Voice of America. The investors had promised to create […]

Abduction of Africa’s youngest Billionaire: victim back home safely, says his abductors are from South Africa

Tanzanian businessman and former politician Mohammed Dewji has returned home safely nine days after he was kidnapped in Dares Salaam and says he believes his captors are from South Africa. “I have returned home safely,” he said in a tweet through his company METL Group’s account. “I thank all my fellow Tanzanians, and everyone around the world […]

Adopting French as the global language: Africa has more French speaking people than the whole of Europe

Africa is contributing 47.7 percent (143.1 million) to the French-speaking population thereby making French a global language. This is more than 45.7 percent (137.1 million) of the whole of Europe and France with a population of 67.12 million. According to a recent report by the Organisation Internationale de la Francophonie (OIF), French has become the world’s fifth most spoken […]

Nigeria: vote for me because I have stopped womanizing, I don’t drink, I don’t smoke-Atiku Abubakar

Politician and business tycoon Atiku Abubakar who is also The People’s Democratic Party presidential candidate has revealed he has stopped womanizing. In an recent interview with TVC ahead of the 2019 elections, Mr. Atiku Abubakar who has four wives and over 25 children said “I don’t smoke, I don’t drink, I have stopped womanizing” Mr. […]

Nigeria: President Buhari Signs White Paper that bars public doctors from owning private hospitals

President Muhammadu Buhari has okayed the White Paper which among others will bar Public Sector Medical Doctors (MBSS) from Owning Private Hospitals of their own. The Minister of Labour and Productivity, Chief Chris Ngige disclosed this Wednesday after the Federal Executive Council (FEC) meeting. He said a situation where a Medical Doctor in a Public […]

Chinese invasion in Africa: Kenya considering adopting Chinese Yuan as a reserve currency

  Central Bank of Kenya (CBK) Governor Patrick Njoroge on Wednesday confirmed that Kenya was considering adopting the Chinese Yuan as a reserve currency. Njoroge was at the Guangzhou-Foshan Nairobi Business forum when he was questioned on the issue by a Chinese gentleman. In response, Njoroge highlighted the dynamics of the world economy before stating that the move was ‘inevitable’. “It […]

Ethiopia: Prime Minister Abiy Ahmed does press-ups with protesting soldiers to diffuse tension

Ethiopia’s prime minister has done press-ups with dozens of protesting soldiers, who had marched into his office in the capital, Addis Ababa. Abiy Ahmed was unhappy that soldiers had brought weapons and ordered them to do 10 press-ups. They were among several hundred protesting soldiers who entered his office grounds to demand a pay rise. […]

China business interests in Africa: Sierra Leone rejects 300 million dollar Chinese airport project launched in March

The Sierra Leonean government has cancelled all contracts with a Chinese construction firm that was tasked to build a new $318 million airport facility in March expected to be completed in 2022. Face2face Africa reports that the project, launched by the former president Ernest Bai Koroma, was to complement the planned construction of a new […]