How Jim Ovia, the founder of Zenith Bank, went from bank clerk to bank owner

Jim Ovia. Photo: James Hope University By Face2Face Africa Meet Jim Ovia; he is the founder of Zenith Bank, one of Nigeria‘s largest commercial banks. He started the bank in 1990 with $4 million with a single branch. Today the bank has shareholders’ funds of $3.03 billion and a total asset base of over $22.8

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China condemns visit of ‘troublemaker’ Taiwan VP to US

Taiwan’s Vice President William Lai arrives at Taoyuan International Airport before his departure to the United States for a stopover in New York on his way to Paraguay, in Taoyuan, Taiwan August 12, 2023. Photographer Carlos Garcia Rawlins By Reuters China’s foreign ministry on Sunday condemned a brief U.S. visit by Taiwan Vice President William

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West cannot defeat Russia, Ukraine will not recognize Kosovo, says Serbian president

By Anadolu Agency Serbia’s president said Thursday that Russia would win the battle against Ukraine, despite growing support from Western countries. “I’m not sure what Russia can do on the battlefield, and I’m not sure what it can do politically. It is best to make a truce as soon as possible,” Aleksandar Vucic said on

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Somalia and the UN have discussed the second phase of the reduction of African Union forces

The Commander of the Somali Defense Forces, Gen. Ibrahim Sheikh Muhidin met with senior officials of the United Nations Office in Somalia. This meeting focused on the security transition process in Somalia, especially the second phase of the reduction of African Union forces. During the meeting, the head of the United Nations support office in

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Hargeisa administration says 9 soldiers were killed in Ga’an Libah Mountains

File Photo/Somali Times The Hargeisa administration has said that 9 soldiers were killed in an attack by the Ga’an Libah Mountains rebels on a police force in the Sahil region. Hargeisa SNM militia leader Muse Bihi and Minister of Interior Mohamed Kahin Ahmed, who spoke to the media, said that an ambush was carried out

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Miraa traders see sales hit from Somalia-Ethiopia deal

By Business Daily Africa Miraa farmers in Kenya are projecting a dip in sales after Somalia granted Ethiopia 10 days of exclusive khat market access every month. Nyambene Miraa Trade Association (Nyamita) chairman Kimathi Munjuri said cargo airlines operating from Nairobi had received instructions from Mogadishu not to allow miraa cargo from August 11. The

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Tanzania High Court throws out case against DP World ports deal

A ship docked at the port of Dar es Salaam in Tanzania. Photo/Shutterstock By The East African Tanzania’s High Court on Thursday dismissed a petition by four private citizens challenging the legality of the government’s new ports management deal with the United Arab Emirates and have it voided on constitutional grounds. A three-judge High Court

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Zimbabwe’s president tells supporters they will go to heaven if they vote for his party this month

Zimbabwean President Emmerson Mnangagwa greets party supporters at a campaign rally in Harare, Wednesday, Aug. 9, 2023. Mnangagwa addressed thousands of supporters in a speech laden with calls for peace, days after his supporters were accused of stoning an opposition activist to death ahead of general elections set for Aug. 23. (AP Photo/Tsvangirayi Mukwazhi) By

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Mali suspends issuance of visas to French nationals

By Anadolu Agency Mali has indefinitely suspended the issuance of visas to French nationals, its Foreign Ministry said Wednesday, in the latest standoff between the West African nation and its former colonial master. In a statement, the ministry said the move was reciprocal after it “learned, with surprise” through the press that the French Foreign

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Somalia parades four Al Shabab ‘brides’ in military court

A photo combination of video frame grab images of the four women arrested and arraigned in a military court in Mogadishu, Somalia, based on charges of assisting the Al Shabab on August 9, 2023. Four Somali women have appeared before a military court in Mogadishu, facing charges related to terrorism, according to The East African

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