Global

How Nigerian techies wired Sh276bn without CBK nod

Olugbenga Agboola, co-founder and CEO of Flutterwave By Business Daily Africa As the world toasted Nigeria’s Olugbenga Agboola as Africa’s freshly minted tech billionaire, Kenyan authorities were investigating his firm for possible money laundering links. It was February last year when a firm he co-founded — Flutterwave — was valued at $3 billion, making it

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China says it’s looking into report of spy balloon over US

A high altitude balloon floats over Billings, Mont., on Wednesday, Feb. 1, 2023. The U.S. is tracking a suspected Chinese surveillance balloon that has been spotted over U.S. airspace for a couple days, but the Pentagon decided not to shoot it down due to risks of harm for people on the ground, officials said Thursday,

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Pentagon says it is tracking suspected Chinese ‘spy balloon’ over US

By Anadolu Agency The Pentagon is tracking a suspected Chinese high-altitude surveillance balloon over the continental US, an official said Thursday. “We continue to track and monitor it closely,” Pentagon spokesman Brig. Gen. Pat Ryder told reporters. “The balloon is currently traveling at an altitude well above commercial air traffic and does not present a

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Republicans oust Ilhan Omar from high-profile U.S. House committee

U.S. Rep. Ilhan Omar. Reuters/Tom Brenne By Reuters U.S. House of Representatives Republicans on Thursday ousted Democrat Ilhan Omar from a high-profile committee over remarks widely condemned as antisemitic, two years after Democrats removed two Republicans from committee assignments. The deeply divided House voted 218-211 along party lines to remove Omar from the Foreign Affairs

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Somalia ranked world number one corrupt country

File Photo/Somali Times Somalia becomes world number one corrupt country in the world since President Hassan Sheikh Mohamoud was re-elected in May 15th 2022. He handed over government contract tenders to his two wives and his sons, daughters, brothers, sisters, uncles and relatives. That is why Hassan Shekih is a example of corruption and that

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Adani market losses snowball to $100 bln on shelved share sale

Indian billionaire Gautam Adani addresses delegates during the Bengal Global Business Summit in Kolkata, India April 20, 2022. Photographer Rupak De Chowdhuri By Reuters India’s Adani group shares sank on Thursday after market turmoil forced the conglomerate to axe a crucial $2.5 billion stock offer, deepening its market losses to more than $100 billion and

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Bombs strike Mogadishu as leaders meet at summit

Photo/Somali Times Al-Shabab still control large areas of Somalia, and are continuing to carrying out regular attacks. Mortar shells have exploded in the Somali capital, Mogadishu, as regional leaders are gathered in the city to discuss their joint offensive against the Al-Shabab militant group, according to The Star Kenya reported. The four shells hit areas

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The leaders of Ethiopia, Djibouti and Kenya arrived in Mogadishu

The presidents of Kenya, Ethiopia and dictator Djibouti are in Mogadishu today, participating in the summit meeting of the countries that have troops in Somalia. The purpose of their arrival is to support the conflict between the Somali government and Al-Shabab and to help the foreign forces in Somalia participate. The presidents are discussing how

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Turkish president rules out backing Sweden joining NATO unless it ends attacks on Quran

By Anadolu Agency Turkey rules out greenlighting Sweden joining NATO as long as it permits attacks on Islam’s holy book the Quran, the country’s President Recep Tayyip Erdogan said on Wednesday. “We will not say yes to (Sweden’s) entry into NATO as long as you allow our holy book, the Quran, to be burned, torn

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In Haiti, gangs take control as democracy withers

Jimmy Cherizier, the leader of the “G9 et Famille” gang, talks with members of his gang while taking a ride on the back of a motorcycle in his district of Delmas 6 in Port-au-Prince, Haiti, Tuesday, Jan. 24, 2023. Cherizier, best known by his childhood nickname Barbecue, has become the most recognized name in Haiti.

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