Global

Top 5 African countries with the highest number of billionaires

By Face2Face Africa Africa is home to some of the world’s fastest-growing economies, high-net-worth individuals, and several well-established wealth hubs, mostly in South Africa, Egypt, Nigeria, and Morocco. Southern African nations dominated the growth markets and wealth in the continent in 2021, with the highest level of growth compared to 2020. Between the first quarter

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European Union threatens to blacklist Kenya over grand corruption

EU Ambassador to Kenya Henriette Geiger who has said that Kenya’s reluctance to curb corruption and money laundering could scare off investors By The East African The European Union has threatened to blacklist Kenya over corruption and money laundering, revisiting an old problem Nairobi has struggled to contain. EU Ambassador to Kenya Henriette Geiger said

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Iran behind hack of French magazine Charlie Hebdo, Microsoft says

By Reuters An Iranian government-backed hacking team allegedly stole and leaked private customer data belonging to French satirical magazine Charlie Hebdo, security researchers at Microsoft said on Friday. The magazine was hacked in early January after it published a series of cartoons that negatively depicted Iran’s Supreme Leader Ayatollah Khamenei. The caricatures were part of

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Pentagon says another Chinese spy balloon flying above Latin America

By Anadolu Agency ‘We have seen the news of the balloon flying over Latin America. We consider this to be another Chinese surveillance balloon,’ says spokesman Pat Ryder A Chinese spy balloon was flying above Latin America, Pentagon spokesperson Pat Ryder said Friday. “We have seen the news of the balloon flying over Latin America.

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Israel, Sudan announce deal to normalise relations

Sudan’s sovereign council head General Abdel Fattah al-Burhan meets Israeli foreign minister Eli Cohen in Khartoum, Sudan February 2, 2023. Sudan Sovereignty Council Press Office/Reuters By Reuters Israel and Sudan have finalised a deal to normalise relations, with a signing ceremony expected following a transfer of power from the military to a civilian government in

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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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