Daily Archives: May 7, 2022

Namibia loses top African spot on press freedom index

Namibia has lost its top spot on the World Press Freedom Index of 2022 for Africa, emerging as number two.Seychelles is now the freest country in Africa in terms of press freedom at number one, and took the 13th spot in the World Press Freedom Index, p…

South Sudan kicks off plans to nationalize oil industry

South Sudan said it has kicked off plans to nationalize the country’s oil industry in the next five years.Awou Daniel Chuang, Undersecretary in the Ministry of Petroleum told journalists in Juba, the capital of South Sudan, that the ministry has starte…

China’s Sinosteel Cam S.A. Inks Iron Ore Deal In Cameroon

Cameroon and Sinosteel Cam S.A., a subsidiary of China’s multinational Sinosteel Corporation Ltd., yesterday, signed a convention that will enable the company to invest more than 700 million U.S. dollars, at an iron ore project in Cameroon.Minister of …

Fresh $23m Abacha stole from Nigeria recovered in Britain

Britain said that it has recovered $23 million stolen from Nigeria by the country’s late military leader Sani Abacha. The recovery was done by Britain’s National Crime Agency (NCA) at the request of the U.S. Department of Justice (DOJ).According to the…