News of Africa – Online Entertainment – Gossip – Celebrity Newspaper – Breaking News https://newsofafrica.org Africa's #1 Entertainment, Celebrity & Gossip News Tue, 11 Jun 2024 07:32:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://i0.wp.com/newsofafrica.org/wp-content/uploads/2019/02/cropped-news-of-africa-png.png?fit=32%2C32&ssl=1 News of Africa – Online Entertainment – Gossip – Celebrity Newspaper – Breaking News https://newsofafrica.org 32 32 Egyptian Billionaire Samih Sawiris’ European Tourism Firm Declares Bankruptcy https://newsofafrica.org/egyptian-billionaire-samih-sawiris-european-tourism-firm-declares-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=egyptian-billionaire-samih-sawiris-european-tourism-firm-declares-bankruptcy https://newsofafrica.org/egyptian-billionaire-samih-sawiris-european-tourism-firm-declares-bankruptcy/#respond Tue, 11 Jun 2024 07:32:06 +0000 https://newsofafrica.org/?p=340595 FTI Group, a leading tourism corporation majority-owned by Egyptian billionaire Samih Sawiris, has filed for bankruptcy in Munich District Court. The company alleged extreme financial strain caused by vendors requesting advance payments that exceeded its financial capacity. The Munich Regional Court file discloses FTI Group’s extreme financial strain, caused by suppliers seeking advance payments that […]

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]]> https://newsofafrica.org/egyptian-billionaire-samih-sawiris-european-tourism-firm-declares-bankruptcy/feed/ 0 Egypt: Orascom Financial, Led by Naguib Sawiris, Reports Consolidated Loss in Q1 2024 https://newsofafrica.org/egypt-orascom-financial-led-by-naguib-sawiris-reports-consolidated-loss-in-q1-2024/?utm_source=rss&utm_medium=rss&utm_campaign=egypt-orascom-financial-led-by-naguib-sawiris-reports-consolidated-loss-in-q1-2024 https://newsofafrica.org/egypt-orascom-financial-led-by-naguib-sawiris-reports-consolidated-loss-in-q1-2024/#respond Tue, 11 Jun 2024 07:07:28 +0000 https://newsofafrica.org/?p=340593 Orascom Financial Holding (OFH), a privately owned investment corporation affiliated to Egypt’s Sawiris family, recorded a consolidated net loss of EGP 22.81 million ($479,062.20) in the first quarter of 2024. This marks a significant decrease from the net profit of EGP 19.81 million ($416,406.20) recorded in the same period the previous year. Despite this financial […]

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]]> https://newsofafrica.org/egypt-orascom-financial-led-by-naguib-sawiris-reports-consolidated-loss-in-q1-2024/feed/ 0 I Left My Marriage Because I Was Providing More Than My Ex – Yvonne Jegede https://newsofafrica.org/i-left-my-marriage-because-i-was-providing-more-than-my-ex-yvonne-jegede/?utm_source=rss&utm_medium=rss&utm_campaign=i-left-my-marriage-because-i-was-providing-more-than-my-ex-yvonne-jegede https://newsofafrica.org/i-left-my-marriage-because-i-was-providing-more-than-my-ex-yvonne-jegede/#respond Sun, 09 Jun 2024 22:39:24 +0000 https://newsofafrica.org/?p=340591 Yvonne Jegede, the Nigerian actress, has spoken up about the events that led to her divorce. In 2017, the movie star married fellow actor Olakunle Abounce Fawole. After only a year of marriage, their relationship fell apart. They have a son together named Xavier. In the most recent episode of the Honest Bunch podcast, Yvonne […]

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]]> https://newsofafrica.org/i-left-my-marriage-because-i-was-providing-more-than-my-ex-yvonne-jegede/feed/ 0 Actress Gabourey Sidibe Welcomes Twins With Husband Brandon Frankel https://newsofafrica.org/actress-gabourey-sidibe-welcomes-twins-with-husband-brandon-frankel/?utm_source=rss&utm_medium=rss&utm_campaign=actress-gabourey-sidibe-welcomes-twins-with-husband-brandon-frankel https://newsofafrica.org/actress-gabourey-sidibe-welcomes-twins-with-husband-brandon-frankel/#respond Fri, 07 Jun 2024 14:06:07 +0000 https://newsofafrica.org/?p=340583 Gabourey “Gabby” Sidibe has revealed that she welcomed twins with her husband, Brandon Frankel, earlier this year.   The 41-year-old revealed she and her husband welcomed twins in early April.   The couple welcomed a baby boy named Cooper and a baby girl named Maya.   “Brandon always wanted to name a son Cooper, so we can […]

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]]> https://newsofafrica.org/actress-gabourey-sidibe-welcomes-twins-with-husband-brandon-frankel/feed/ 0 Cameroon’s Ecobank Reports $496 Million in Revenue in Q1 2024 https://newsofafrica.org/cameroons-ecobank-reports-496-million-in-revenue-in-q1-2024/?utm_source=rss&utm_medium=rss&utm_campaign=cameroons-ecobank-reports-496-million-in-revenue-in-q1-2024 https://newsofafrica.org/cameroons-ecobank-reports-496-million-in-revenue-in-q1-2024/#respond Thu, 23 May 2024 17:09:45 +0000 https://newsofafrica.org/?p=340580 Ecobank Transnational Incorporated (Ecobank), helmed by Cameroonian banker Alain Nkontchou, had a strong first quarter of 2024, with revenue increasing by 5.02 percent year on year to N665.43 billion ($496 million). This boosts ETI’s position as one of Africa’s largest banking conglomerates. Following a record-breaking 2023, when net revenue increased for the first time since […]

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]]> https://newsofafrica.org/cameroons-ecobank-reports-496-million-in-revenue-in-q1-2024/feed/ 0 Netflix Buys 50 Cent’s Documentary on Diddy Sexual Assault Allegations https://newsofafrica.org/netflix-buys-50-cents-documentary-on-diddy-sexual-assault-allegations/?utm_source=rss&utm_medium=rss&utm_campaign=netflix-buys-50-cents-documentary-on-diddy-sexual-assault-allegations https://newsofafrica.org/netflix-buys-50-cents-documentary-on-diddy-sexual-assault-allegations/#respond Thu, 23 May 2024 16:58:51 +0000 https://newsofafrica.org/?p=340577 Curtis “50 Cent” Jackson, the renowned rapper and entrepreneur, is expanding his media empire with a documentary series regarding the sexual assault allegations against Sean “Diddy” Combs.   G-Unit Film & Television, 50 Cent’s production business, said that Netflix won the rights following a bidding war among streaming services. 50 Cent has been hyping the […]

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]]> https://newsofafrica.org/netflix-buys-50-cents-documentary-on-diddy-sexual-assault-allegations/feed/ 0 Egyptian Tycoon Hisham Talaat Moustafa Nets $59M from TMG Shares https://newsofafrica.org/egyptian-tycoon-hisham-talaat-moustafa-nets-59m-from-tmg-shares/?utm_source=rss&utm_medium=rss&utm_campaign=egyptian-tycoon-hisham-talaat-moustafa-nets-59m-from-tmg-shares https://newsofafrica.org/egyptian-tycoon-hisham-talaat-moustafa-nets-59m-from-tmg-shares/#respond Thu, 23 May 2024 16:55:49 +0000 https://newsofafrica.org/?p=340574 Egyptian billionaire businessman Hisham Talaat Moustafa, chairman of Talaat Moustafa Group (TMG) Holding, has seen his wealth expand as his share in the biggest real estate company has grown significantly.   Moustafa’s stake in TMG Holding has increased by EGP2.77 billion ($59.19 million) during the last eight days, according to stock market data. This increase […]

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]]> https://newsofafrica.org/egyptian-tycoon-hisham-talaat-moustafa-nets-59m-from-tmg-shares/feed/ 0 Oriental Weavers Plans Investment in Education https://newsofafrica.org/oriental-weavers-plans-investment-in-education/?utm_source=rss&utm_medium=rss&utm_campaign=oriental-weavers-plans-investment-in-education https://newsofafrica.org/oriental-weavers-plans-investment-in-education/#respond Thu, 23 May 2024 16:52:04 +0000 https://newsofafrica.org/?p=340571 Oriental Weavers, a renowned global carpet and textile producer led by Egyptian businesswoman Yasmine Mohamed Khamis and her siblings, has declared plans to spend significantly in Egypt’s education sector. This action is intended to solve the country’s skills gap.   Yasmine Khamis made the news on the margins of the United Nations Global Compact Annual […]

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]]> https://newsofafrica.org/oriental-weavers-plans-investment-in-education/feed/ 0 Eminem’s Daughter, Hailie Jade Marries Heartthrob https://newsofafrica.org/eminems-daughter-hailie-jade-marries-heartthrob/?utm_source=rss&utm_medium=rss&utm_campaign=eminems-daughter-hailie-jade-marries-heartthrob https://newsofafrica.org/eminems-daughter-hailie-jade-marries-heartthrob/#respond Tue, 21 May 2024 08:09:58 +0000 https://newsofafrica.org/?p=340565 Hailie Jade Scott, Eminem’s second oldest and only biological child, has married her fiancé Evan McClintock.   The wedding took place this weekend at Greencrest Manor in Battle Creek, Michigan. It was a small ceremony with close friends and family.     Eminem also performed a dance with his daughter during the ceremony. He was […]

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]]> https://newsofafrica.org/eminems-daughter-hailie-jade-marries-heartthrob/feed/ 0 Actress Courteney Cox Says Matthew Perry Still Visits Her 7 Months After Death https://newsofafrica.org/actress-courteney-cox-says-matthew-perry-still-visits-her-7-months-after-death/?utm_source=rss&utm_medium=rss&utm_campaign=actress-courteney-cox-says-matthew-perry-still-visits-her-7-months-after-death https://newsofafrica.org/actress-courteney-cox-says-matthew-perry-still-visits-her-7-months-after-death/#respond Tue, 21 May 2024 08:06:21 +0000 https://newsofafrica.org/?p=340561 Courteney Cox claimed that her late “Friends” co-star Matthew Perry continues to visit her 7 months after his sad death.   Cox told ‘CBS Sunday Morning’ that she is grateful to have worked so closely with Perry on the sitcom, in which her character Monica Geller ends up with his character Chandler Bing. She stated […]

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]]> https://newsofafrica.org/actress-courteney-cox-says-matthew-perry-still-visits-her-7-months-after-death/feed/ 0 Adele Says She Wants A Baby Girl With Boyfriend Rich Paul https://newsofafrica.org/adele-says-she-wants-a-baby-girl-with-boyfriend-rich-paul/?utm_source=rss&utm_medium=rss&utm_campaign=adele-says-she-wants-a-baby-girl-with-boyfriend-rich-paul https://newsofafrica.org/adele-says-she-wants-a-baby-girl-with-boyfriend-rich-paul/#respond Tue, 21 May 2024 08:02:16 +0000 https://newsofafrica.org/?p=340558 Adele, a British musician, has revealed that she and her boyfriend, Rich Paul, want a baby girl.   Adele told the audience at her Las Vegas act that after her residency ends, she and Rich Paul plan to start a family.   The singer, who has a son with her ex-husband Simon Konecki, stated that […]

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]]> https://newsofafrica.org/adele-says-she-wants-a-baby-girl-with-boyfriend-rich-paul/feed/ 0 DR Congo Thwarts Kinshasa ‘Coup Attempt’ – Army https://newsofafrica.org/dr-congo-thwarts-kinshasa-coup-attempt-army/?utm_source=rss&utm_medium=rss&utm_campaign=dr-congo-thwarts-kinshasa-coup-attempt-army https://newsofafrica.org/dr-congo-thwarts-kinshasa-coup-attempt-army/#respond Sun, 19 May 2024 17:48:05 +0000 https://newsofafrica.org/?p=340555 The DR Congo military foiled an attempted coup in Kinshasa involving “foreigners and Congolese” on Sunday, according to an army spokesperson. The coup attempt occurred in the early hours outside the residence of Economy Minister Vital Kamerhe, in the Gombe neighborhood to the north of the capital, near the president’s offices at the Palais de […]

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]]> https://newsofafrica.org/dr-congo-thwarts-kinshasa-coup-attempt-army/feed/ 0 Burkina Faso’s Coris Bank Targets Societe Generale Guinea in Pan-African Expansion https://newsofafrica.org/burkina-fasos-coris-bank-targets-societe-generale-guinea-in-pan-african-expansion/?utm_source=rss&utm_medium=rss&utm_campaign=burkina-fasos-coris-bank-targets-societe-generale-guinea-in-pan-african-expansion https://newsofafrica.org/burkina-fasos-coris-bank-targets-societe-generale-guinea-in-pan-african-expansion/#respond Sun, 12 May 2024 16:57:07 +0000 https://newsofafrica.org/?p=340553 Coris Bank International, a Burkina Faso-based financial services company led by banking mogul Idrissa Nassa, has surfaced as a possible bidder for Societe Generale Guinee, the Guinean subsidiary of French multinational Societe Generale. Coris Bank’s interest in Societe Generale Guinee stems from its desire to diversify its businesses, increase income and profit, and strengthen its […]

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]]> https://newsofafrica.org/burkina-fasos-coris-bank-targets-societe-generale-guinea-in-pan-african-expansion/feed/ 0 Kenya’s James Mwangi’s Equity Group Stake Sees $2.4 Million Loss https://newsofafrica.org/kenyas-james-mwangis-equity-group-stake-sees-2-4-million-loss/?utm_source=rss&utm_medium=rss&utm_campaign=kenyas-james-mwangis-equity-group-stake-sees-2-4-million-loss https://newsofafrica.org/kenyas-james-mwangis-equity-group-stake-sees-2-4-million-loss/#respond Sun, 12 May 2024 16:50:32 +0000 https://newsofafrica.org/?p=340551 Kenyan multimillionaire banker James Mwangi, the managing director and CEO of Equity Group Holdings Plc, has seen the market value of his shares in the major lender fall due to a reduction in its stock price on the Nairobi Securities Exchange. Mwangi’s Equity Group holding has decreased by Ksh319.52 million ($2.43 million) over the last […]

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]]> https://newsofafrica.org/kenyas-james-mwangis-equity-group-stake-sees-2-4-million-loss/feed/ 0 Bank of Africa Partners with Bank of Palestine for Regional Expansion https://newsofafrica.org/bank-of-africa-partners-with-bank-of-palestine-for-regional-expansion/?utm_source=rss&utm_medium=rss&utm_campaign=bank-of-africa-partners-with-bank-of-palestine-for-regional-expansion https://newsofafrica.org/bank-of-africa-partners-with-bank-of-palestine-for-regional-expansion/#respond Sun, 12 May 2024 16:25:43 +0000 https://newsofafrica.org/?p=340548 The Bank of Africa, led by Moroccan billionaire Othman Benjelloun, has formed a partnership with the Bank of Palestine to promote regional economic cooperation and prosperity. This relationship demonstrates Morocco and Palestine’s shared commitment to sustainable development, financial inclusion, and entrepreneurship. The partnership incorporates a symbolic cross-shareholding arrangement. Bank of Africa, which is listed in […]

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]]> https://newsofafrica.org/bank-of-africa-partners-with-bank-of-palestine-for-regional-expansion/feed/ 0 Ethiopian Orthodox Christians Around The World Celebrate Easter https://newsofafrica.org/ethiopian-orthodox-christians-around-the-world-celebrate-easter/?utm_source=rss&utm_medium=rss&utm_campaign=ethiopian-orthodox-christians-around-the-world-celebrate-easter https://newsofafrica.org/ethiopian-orthodox-christians-around-the-world-celebrate-easter/#respond Mon, 06 May 2024 08:33:23 +0000 https://newsofafrica.org/?p=340545 Orthodox Christians in Ethiopia have been celebrating Easter at churches throughout the country. Home to the largest Orthodox community outside of Europe, they fast for 55 days before Easter, abstaining from meat and animal products. On the eve of the country’s most recognized religious holiday, believers dressed in customary white attend church services that last […]

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]]> https://newsofafrica.org/ethiopian-orthodox-christians-around-the-world-celebrate-easter/feed/ 0 Military-Ruled Chad Votes For President In Bloody Transition https://newsofafrica.org/military-ruled-chad-votes-for-president-in-bloody-transition/?utm_source=rss&utm_medium=rss&utm_campaign=military-ruled-chad-votes-for-president-in-bloody-transition https://newsofafrica.org/military-ruled-chad-votes-for-president-in-bloody-transition/#respond Mon, 06 May 2024 08:19:19 +0000 https://newsofafrica.org/?p=340542 Chadians began voting for a president on Monday in an election ostensibly aimed at eliminating military rule, but critics of junta leader Mahamat Idriss Deby derided it as a ploy to avoid violent repression. Voters will decide whether to maintain decades of Deby family dominance in one of the world’s poorest countries, a critical front […]

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]]> https://newsofafrica.org/military-ruled-chad-votes-for-president-in-bloody-transition/feed/ 0 In Just 15 Days, SA’s Johan Burger Sees His FirstRand Investment Soar by $2.1 Million https://newsofafrica.org/in-just-15-days-sas-johan-burger-sees-his-firstrand-investment-soar-by-2-1-million/?utm_source=rss&utm_medium=rss&utm_campaign=in-just-15-days-sas-johan-burger-sees-his-firstrand-investment-soar-by-2-1-million https://newsofafrica.org/in-just-15-days-sas-johan-burger-sees-his-firstrand-investment-soar-by-2-1-million/#respond Fri, 03 May 2024 21:29:22 +0000 https://newsofafrica.org/?p=340539 South African businessman Johan Burger’s position in FirstRand, Africa’s largest financial services firm, has seen a huge increase in market value, with the company’s shares rising by more than 11% on the Johannesburg Stock Exchange (JSE). Within 15 days, the market value of Burger’s FirstRand shareholding grew by R 39.72 million ($2.14 million). This is […]

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]]> https://newsofafrica.org/in-just-15-days-sas-johan-burger-sees-his-firstrand-investment-soar-by-2-1-million/feed/ 0 Nigeria’s UBA Delivers $102.25 Million Profit in Q1 2024 https://newsofafrica.org/nigerias-uba-delivers-102-25-million-profit-in-q1-2024/?utm_source=rss&utm_medium=rss&utm_campaign=nigerias-uba-delivers-102-25-million-profit-in-q1-2024 https://newsofafrica.org/nigerias-uba-delivers-102-25-million-profit-in-q1-2024/#respond Fri, 03 May 2024 21:26:11 +0000 https://newsofafrica.org/?p=340536 United Bank for Africa Plc (UBA), a pan-African financial services organization run by Nigerian businessman Tony Elumelu, has maintained its outstanding financial trajectory, with first-quarter profits for 2024 exceeding $100 million, solidifying its position among Africa’s most successful lenders. UBA’s first-quarter profit increased by 166 percent year on year to N142.6 billion ($102.25 million), following […]

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]]> https://newsofafrica.org/nigerias-uba-delivers-102-25-million-profit-in-q1-2024/feed/ 0 Moroccan Billionaire Othman Benjelloun Sees $41M Drop in Bank of Africa Investment https://newsofafrica.org/moroccan-billionaire-othman-benjelloun-sees-41m-drop-in-bank-of-africa-investment/?utm_source=rss&utm_medium=rss&utm_campaign=moroccan-billionaire-othman-benjelloun-sees-41m-drop-in-bank-of-africa-investment https://newsofafrica.org/moroccan-billionaire-othman-benjelloun-sees-41m-drop-in-bank-of-africa-investment/#respond Fri, 03 May 2024 21:23:38 +0000 https://newsofafrica.org/?p=340534 Othman Benjelloun, a notable Moroccan billionaire businessman and the country’s second-wealthiest individual, has lost millions of dollars from his shareholding in the Bank of Africa (BOA). Over the last 16 days, the market value of his stock in the business has fallen by MAD414.81 million ($41 million). The recent drop is connected to bearish pressures […]

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]]> https://newsofafrica.org/moroccan-billionaire-othman-benjelloun-sees-41m-drop-in-bank-of-africa-investment/feed/ 0 MTN Uganda Hits 20 Million Customer Milestone https://newsofafrica.org/mtn-uganda-hits-20-million-customer-milestone/?utm_source=rss&utm_medium=rss&utm_campaign=mtn-uganda-hits-20-million-customer-milestone https://newsofafrica.org/mtn-uganda-hits-20-million-customer-milestone/#respond Fri, 03 May 2024 21:18:58 +0000 https://newsofafrica.org/?p=340532 MTN Uganda, the Kampala-based telecoms company largely owned by Ugandan businessman Charles Mbire, has surpassed a big milestone: 20 million customers. This achievement maintains its position as the region’s foremost provider of telecommunications services. “MTN Uganda’s achievement of 20 million customers is equivalent to the entire population of a sister market,” stated Yolanda Cuba, MTN […]

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]]> https://newsofafrica.org/mtn-uganda-hits-20-million-customer-milestone/feed/ 0 El-Sewedy’s Electric Group Strikes Deal to Boost Egypt’s Grain Silos Sector https://newsofafrica.org/el-sewedys-electric-group-strikes-deal-to-boost-egypts-grain-silos-sector/?utm_source=rss&utm_medium=rss&utm_campaign=el-sewedys-electric-group-strikes-deal-to-boost-egypts-grain-silos-sector https://newsofafrica.org/el-sewedys-electric-group-strikes-deal-to-boost-egypts-grain-silos-sector/#respond Fri, 03 May 2024 21:16:39 +0000 https://newsofafrica.org/?p=340530 Elsewedy Electric, a multinational cable and electrical equipment manufacturing company led by Egyptian businessman Ahmed El-Sewedy, has signed a strategic cooperation agreement with Switzerland’s Bühler Group, a well-known technology firm, and IBC Group to modernize and expand grain storage facilities in Egypt. This effort supports the Egyptian government’s food security objective of localizing grain silo […]

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]]> https://newsofafrica.org/el-sewedys-electric-group-strikes-deal-to-boost-egypts-grain-silos-sector/feed/ 0 Dangote’s Sugar Company Aims to Halt Sugar Imports by 2028 https://newsofafrica.org/dangotes-sugar-company-aims-to-halt-sugar-imports-by-2028/?utm_source=rss&utm_medium=rss&utm_campaign=dangotes-sugar-company-aims-to-halt-sugar-imports-by-2028 https://newsofafrica.org/dangotes-sugar-company-aims-to-halt-sugar-imports-by-2028/#respond Fri, 03 May 2024 21:13:45 +0000 https://newsofafrica.org/?p=340529 Dangote Sugar Plc, a company of Africa’s richest man Aliko Dangote’s Dangote Group, plans to phase out sugar imports from Nigeria within the next four years. The ambitious goal, announced during the company’s 18th AGM, is based on a shift toward backward integration. “In the next four years, our company should be producing what we […]

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]]> https://newsofafrica.org/dangotes-sugar-company-aims-to-halt-sugar-imports-by-2028/feed/ 0 Co-op Bank Secures $25.2M to Bolster Women-Led Businesses in Kenya https://newsofafrica.org/co-op-bank-secures-25-2m-to-bolster-women-led-businesses-in-kenya/?utm_source=rss&utm_medium=rss&utm_campaign=co-op-bank-secures-25-2m-to-bolster-women-led-businesses-in-kenya https://newsofafrica.org/co-op-bank-secures-25-2m-to-bolster-women-led-businesses-in-kenya/#respond Fri, 03 May 2024 21:07:58 +0000 https://newsofafrica.org/?p=340527 The Cooperative Bank Group (Co-op Bank), managed by Kenyan businessman Gideon Muriuki, has successfully acquired $25.18 million from the German Investment Corporation, DEG, in a move targeted at strengthening the expansion of women-owned Small and Medium Enterprises (SMEs) in Kenya. The facility, which will lend to women-owned micro, small, and medium-sized firms (SMEs), is a […]

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]]> https://newsofafrica.org/co-op-bank-secures-25-2m-to-bolster-women-led-businesses-in-kenya/feed/ 0 Egyptian Mogul Yasseen Mansour’s Palm Hills Investment Dips, Losing $5.1 Million https://newsofafrica.org/egyptian-mogul-yasseen-mansours-palm-hills-investment-dips-losing-5-1-million/?utm_source=rss&utm_medium=rss&utm_campaign=egyptian-mogul-yasseen-mansours-palm-hills-investment-dips-losing-5-1-million https://newsofafrica.org/egyptian-mogul-yasseen-mansours-palm-hills-investment-dips-losing-5-1-million/#respond Fri, 03 May 2024 21:02:50 +0000 https://newsofafrica.org/?p=340524 Egyptian billionaire Yasseen Mansour, chairman of major real estate developer Palm Hills Developments, has seen his wealth diminish as the company’s share price on the Egyptian Exchange has fallen. The market value of Mansour’s Palm Hills Developments shareholding has dropped by EGP 245.31 million ($5.12 million) in the last 16 days. This reduction comes after […]

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]]> https://newsofafrica.org/egyptian-mogul-yasseen-mansours-palm-hills-investment-dips-losing-5-1-million/feed/ 0 8 DR Congo Troops Handed Desertion Death Sentence https://newsofafrica.org/8-dr-congo-troops-handed-desertion-death-sentence/?utm_source=rss&utm_medium=rss&utm_campaign=8-dr-congo-troops-handed-desertion-death-sentence https://newsofafrica.org/8-dr-congo-troops-handed-desertion-death-sentence/#respond Fri, 03 May 2024 20:14:33 +0000 https://newsofafrica.org/?p=340520 A military court in the Democratic Republic of Congo’s war-torn east sentenced eight soldiers, five of whom were commanders, to death on Friday for desertion and cowardice while battling M23 rebels. Prosecutors had sought the death penalty for 11 troops on trial in the same case, but the Goma court acquitted three of them, stating […]

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]]> https://newsofafrica.org/8-dr-congo-troops-handed-desertion-death-sentence/feed/ 0 Kenya Floods Death Toll Tops 200 As Cyclone Approaches https://newsofafrica.org/kenya-floods-death-toll-tops-200-as-cyclone-approaches/?utm_source=rss&utm_medium=rss&utm_campaign=kenya-floods-death-toll-tops-200-as-cyclone-approaches https://newsofafrica.org/kenya-floods-death-toll-tops-200-as-cyclone-approaches/#respond Fri, 03 May 2024 12:20:49 +0000 https://newsofafrica.org/?p=340517 The death toll from flood-related accidents in Kenya has surpassed 200 since March, the interior ministry announced Friday, as a storm approached the Tanzanian coast. Torrential rains have lashed parts of East Africa, causing flooding and landslides that have wrecked crops, buried homes, and displaced hundreds of thousands of people. According to a statement from […]

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]]> https://newsofafrica.org/kenya-floods-death-toll-tops-200-as-cyclone-approaches/feed/ 0 Kenya Names New Defence Chief After Deadly Chopper Crash https://newsofafrica.org/kenya-names-new-defence-chief-after-deadly-chopper-crash/?utm_source=rss&utm_medium=rss&utm_campaign=kenya-names-new-defence-chief-after-deadly-chopper-crash https://newsofafrica.org/kenya-names-new-defence-chief-after-deadly-chopper-crash/#respond Thu, 02 May 2024 18:55:23 +0000 https://newsofafrica.org/?p=340514 Kenyan President William Ruto selected Charles Muriu Kahariri new defense chief on Thursday, following his predecessor’s death in a helicopter crash. He replaces Francis Omondi Ogolla, who was one of ten military soldiers killed when their helicopter crashed in a remote area of northeastern Kenya on April 18. Kahariri had previously served as deputy to […]

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]]> https://newsofafrica.org/kenya-names-new-defence-chief-after-deadly-chopper-crash/feed/ 0 ‘Beyond Disappointed’: Hollywood Reacts To Weinstein Ruling https://newsofafrica.org/beyond-disappointed-hollywood-reacts-to-weinstein-ruling/?utm_source=rss&utm_medium=rss&utm_campaign=beyond-disappointed-hollywood-reacts-to-weinstein-ruling https://newsofafrica.org/beyond-disappointed-hollywood-reacts-to-weinstein-ruling/#respond Fri, 26 Apr 2024 16:52:16 +0000 https://newsofafrica.org/?p=340512 Hollywood celebs, including several actresses who have accused Harvey Weinstein of assault, expressed shock and indignation Thursday after the billionaire movie producer’s New York sex crimes conviction was reversed. Rosanna Arquette, Ashley Judd, and Mira Sorvino were among those who spoke out after the city’s highest court annulled Weinstein’s 2020 conviction for rape and sexual […]

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]]> https://newsofafrica.org/beyond-disappointed-hollywood-reacts-to-weinstein-ruling/feed/ 0 Tanzania Denies Rights Abuse After World Bank Suspends Funds https://newsofafrica.org/tanzania-denies-rights-abuse-after-world-bank-suspends-funds/?utm_source=rss&utm_medium=rss&utm_campaign=tanzania-denies-rights-abuse-after-world-bank-suspends-funds https://newsofafrica.org/tanzania-denies-rights-abuse-after-world-bank-suspends-funds/#respond Fri, 26 Apr 2024 16:35:27 +0000 https://newsofafrica.org/?p=340510 Tanzania denounced on Thursday as “unfounded” charges of massacres, rapes, and planned evictions of over 20,000 people, prompting the World Bank to withhold funding for a $150 million conservation project. The World Bank launched the Resilient Natural Resource Management for Tourism and Growth Project (REGROW) to improve the management of natural resources and tourism assets […]

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]]> https://newsofafrica.org/tanzania-denies-rights-abuse-after-world-bank-suspends-funds/feed/ 0 Burkina Faso Junta Suspends BBC, Voice Of America For Two Weeks https://newsofafrica.org/burkina-faso-junta-suspends-bbc-voice-of-america-for-two-weeks/?utm_source=rss&utm_medium=rss&utm_campaign=burkina-faso-junta-suspends-bbc-voice-of-america-for-two-weeks https://newsofafrica.org/burkina-faso-junta-suspends-bbc-voice-of-america-for-two-weeks/#respond Fri, 26 Apr 2024 16:30:50 +0000 https://newsofafrica.org/?p=340508 Burkina Faso has suspended the BBC and Voice of America radio networks for airing a rights report accusing the army of attacking civilians in its fight against Islamists. The British and US broadcasters are the most recent international media organizations to be targeted since Captain Ibrahim Traore took control in the West African country in […]

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]]> https://newsofafrica.org/burkina-faso-junta-suspends-bbc-voice-of-america-for-two-weeks/feed/ 0 US Troops To Leave Chad In Second African State Withdrawal https://newsofafrica.org/us-troops-to-leave-chad-in-second-african-state-withdrawal/?utm_source=rss&utm_medium=rss&utm_campaign=us-troops-to-leave-chad-in-second-african-state-withdrawal https://newsofafrica.org/us-troops-to-leave-chad-in-second-african-state-withdrawal/#respond Fri, 26 Apr 2024 16:23:25 +0000 https://newsofafrica.org/?p=340505 The Pentagon has announced that the US will remove some soldiers from Chad, only days after agreeing to withdraw personnel from neighboring Niger. The United States has about 100 troops stationed in Chad as part of its plan to tackle radicalism in West Africa. “USAFRICOM is currently planning to reposition some US military forces from […]

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]]> https://newsofafrica.org/us-troops-to-leave-chad-in-second-african-state-withdrawal/feed/ 0 Police Arrest Actor Orpheus Pledger for ‘Assault’ After 3-day Manhunt https://newsofafrica.org/police-arrest-actor-orpheus-pledger-for-assault-after-3-day-manhunt/?utm_source=rss&utm_medium=rss&utm_campaign=police-arrest-actor-orpheus-pledger-for-assault-after-3-day-manhunt https://newsofafrica.org/police-arrest-actor-orpheus-pledger-for-assault-after-3-day-manhunt/#respond Thu, 25 Apr 2024 19:47:20 +0000 https://newsofafrica.org/?p=340502 Police have apprehended Orpheus Pledger, the Australian actor best known for his role on the famous serial series ‘Home and Away’, following a three-day manhunt. Pledger was wanted on assault charges relating to an alleged attack on a woman. Pledger allegedly dragged the woman to the ground and stomped on her head, as shown in […]

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]]> https://newsofafrica.org/police-arrest-actor-orpheus-pledger-for-assault-after-3-day-manhunt/feed/ 0 Celine Dion Gives Health Update In Rare Interview https://newsofafrica.org/celine-dion-gives-health-update-in-rare-interview/?utm_source=rss&utm_medium=rss&utm_campaign=celine-dion-gives-health-update-in-rare-interview https://newsofafrica.org/celine-dion-gives-health-update-in-rare-interview/#respond Thu, 25 Apr 2024 08:29:29 +0000 https://newsofafrica.org/?p=340500 Celine Dion, a Canadian music megastar who suffers from a rare neurological illness, said in her first interview since announcing the career-ending diagnosis that she is fine but handling things “one day at a time.” Dion, 56, revealed in December 2022 that she had been diagnosed with Stiff Person Syndrome, a condition that produces stiff […]

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]]> https://newsofafrica.org/celine-dion-gives-health-update-in-rare-interview/feed/ 0 Introducing SkillsMata, Your Gateway to Lifelong Learning! https://newsofafrica.org/introducing-skillsmata-your-gateway-to-lifelong-learning/?utm_source=rss&utm_medium=rss&utm_campaign=introducing-skillsmata-your-gateway-to-lifelong-learning https://newsofafrica.org/introducing-skillsmata-your-gateway-to-lifelong-learning/#respond Wed, 24 Apr 2024 20:04:18 +0000 https://newsofafrica.org/?p=340493 Exciting Announcement: SkillsMata’s Grand Unveiling! Dear SkillsMata Community or as we’d love to call you “SkillMasters”,We are thrilled to unveil the culmination of months of hard work and dedication: SkillsMata, your ultimate destination for transformative learning experiences, is finally here!WE ARE LIVE! With over 300 meticulously curated courses and masterclasses, spanning a myriad of subjects, we […]

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]]> https://newsofafrica.org/introducing-skillsmata-your-gateway-to-lifelong-learning/feed/ 0 Kenya’s Military Chief and Nine Others Die in Helicopter Crash https://newsofafrica.org/kenyas-military-chief-and-nine-others-die-in-helicopter-crash/?utm_source=rss&utm_medium=rss&utm_campaign=kenyas-military-chief-and-nine-others-die-in-helicopter-crash https://newsofafrica.org/kenyas-military-chief-and-nine-others-die-in-helicopter-crash/#respond Thu, 18 Apr 2024 20:39:58 +0000 https://newsofafrica.org/?p=340488 “I am deeply saddened to announce the passing on of General Francis Omondi Ogolla, the chief of the Kenyan Defense Force”. With those words Kenya’s president William Ruto announced the death of the country’s military chief Thursday evening. “Together with him in the crash were eleven other graded military personnel. Nine who also passed on […]

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]]> https://newsofafrica.org/kenyas-military-chief-and-nine-others-die-in-helicopter-crash/feed/ 0 Ghana’s John Akomfrah Represents Britain at Venice Biennale https://newsofafrica.org/ghanas-john-akomfrah-represents-britain-at-venice-biennale/?utm_source=rss&utm_medium=rss&utm_campaign=ghanas-john-akomfrah-represents-britain-at-venice-biennale https://newsofafrica.org/ghanas-john-akomfrah-represents-britain-at-venice-biennale/#respond Thu, 18 Apr 2024 20:32:11 +0000 https://newsofafrica.org/?p=340485 This year’s British national pavilion at the Venice Biennale opened with a video from the Tudor court commemorating the murder of David Oluwale, a British-Nigerian man who drowned in a Yorkshire river after being beaten by local police in 1969. Along the way, a sumptuously rendered visual and audio story emerges from the exhibition of […]

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]]> https://newsofafrica.org/ghanas-john-akomfrah-represents-britain-at-venice-biennale/feed/ 0 Deadly Sahel Heatwave Caused by ‘Human-Induced’ Climate Change – New Study https://newsofafrica.org/deadly-sahel-heatwave-caused-by-human-induced-climate-change-new-study/?utm_source=rss&utm_medium=rss&utm_campaign=deadly-sahel-heatwave-caused-by-human-induced-climate-change-new-study https://newsofafrica.org/deadly-sahel-heatwave-caused-by-human-induced-climate-change-new-study/#respond Thu, 18 Apr 2024 20:25:00 +0000 https://newsofafrica.org/?p=340481 Recent high temperatures in West Africa and the Sahel, notably Mali, have killed hundreds of people, with academics blaming the excessive heat on human-caused climate change. Temperatures in Mali topped 48°C last month, with 102 deaths reported by Gabriel Toure Hospital in early April, primarily among the elderly. Scientists say that if humans had not […]

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]]> https://newsofafrica.org/deadly-sahel-heatwave-caused-by-human-induced-climate-change-new-study/feed/ 0 Kenya: James Mwangi’s Equity Group Investment Drops $3.3 Million https://newsofafrica.org/kenya-james-mwangis-equity-group-investment-drops-3-3-million/?utm_source=rss&utm_medium=rss&utm_campaign=kenya-james-mwangis-equity-group-investment-drops-3-3-million https://newsofafrica.org/kenya-james-mwangis-equity-group-investment-drops-3-3-million/#respond Thu, 18 Apr 2024 19:05:11 +0000 https://newsofafrica.org/?p=340476 Kenyan multimillionaire banker James Mwangi, managing director and CEO of Equity Group Holdings Plc, has seen the market value of his shareholding in the institution fall following a recent share price dip on the Nairobi Securities Exchange (NSE). Mwangi’s Equity Group shareholding has dropped by Ksh434.55 million ($3.28 million) in the last 14 days, echoing […]

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]]> https://newsofafrica.org/kenya-james-mwangis-equity-group-investment-drops-3-3-million/feed/ 0 Kenya’s Pula Secures $20M to Expand Farmer Insurance Accessibility https://newsofafrica.org/kenyas-pula-secures-20m-to-expand-farmer-insurance-accessibility/?utm_source=rss&utm_medium=rss&utm_campaign=kenyas-pula-secures-20m-to-expand-farmer-insurance-accessibility https://newsofafrica.org/kenyas-pula-secures-20m-to-expand-farmer-insurance-accessibility/#respond Thu, 18 Apr 2024 18:56:51 +0000 https://newsofafrica.org/?p=340472 Pula, a Nairobi-based agricultural insurance and technology company run by Kenyan entrepreneur Thomas Njeru, has completed a Series B investment round worth Ksh2.6 billion ($20 million). The project intends to strengthen support for smallholder farmers in emerging markets, protecting them from climate-related hazards. Global impact investment manager BlueOrchard led the Series B funding round through […]

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]]> https://newsofafrica.org/kenyas-pula-secures-20m-to-expand-farmer-insurance-accessibility/feed/ 0 Thousands Protest In Niger Republic For US Troops To Leave https://newsofafrica.org/thousands-protest-in-niger-republic-for-us-troops-to-leave/?utm_source=rss&utm_medium=rss&utm_campaign=thousands-protest-in-niger-republic-for-us-troops-to-leave https://newsofafrica.org/thousands-protest-in-niger-republic-for-us-troops-to-leave/#respond Sat, 13 Apr 2024 22:26:16 +0000 https://newsofafrica.org/?p=340469 Thousands of people rallied in Niger’s capital on Saturday, demanding the quick departure of US soldiers from the north, after the military junta in Niamey announced its withdrawal from a military pact with Washington. Following a July coup, the West African country claimed in mid-March that the 2012 cooperation pact was “unilaterally imposed” by the […]

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]]> https://newsofafrica.org/thousands-protest-in-niger-republic-for-us-troops-to-leave/feed/ 0 African Union Urges Mali To Provide Post-Coup Transition ‘Roadmap’ https://newsofafrica.org/african-union-urges-mali-to-provide-post-coup-transition-roadmap/?utm_source=rss&utm_medium=rss&utm_campaign=african-union-urges-mali-to-provide-post-coup-transition-roadmap https://newsofafrica.org/african-union-urges-mali-to-provide-post-coup-transition-roadmap/#respond Sat, 13 Apr 2024 22:18:53 +0000 https://newsofafrica.org/?p=340467 The African Union urged Mali on Saturday to present a post-coup transition ‘roadmap’, stating that the measure was necessary to return the country to democratic government. Earlier this week, Mali’s military junta ordered the suspension of all political activity, citing the need to protect public order. The African Union expressed “grave concern” over the measure, […]

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]]> https://newsofafrica.org/african-union-urges-mali-to-provide-post-coup-transition-roadmap/feed/ 0 Russian Air Defence System, Trainers Arrive In Niger https://newsofafrica.org/russian-air-defence-system-trainers-arrive-in-niger/?utm_source=rss&utm_medium=rss&utm_campaign=russian-air-defence-system-trainers-arrive-in-niger https://newsofafrica.org/russian-air-defence-system-trainers-arrive-in-niger/#respond Fri, 12 Apr 2024 10:49:08 +0000 https://newsofafrica.org/?p=340465 Russian military instructors landed in Niger with an air defense system and other equipment as part of the West African country’s growing security ties with Moscow, state television reported late Thursday. In January, Niger’s military government agreed to increase military collaboration with Russia after expelling French personnel who were assisting in the fight against jihadist […]

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]]> https://newsofafrica.org/russian-air-defence-system-trainers-arrive-in-niger/feed/ 0 Egypt: Ahmed Ezz’s Steel Firm Reduces Rebar Prices, Signaling Market Shifts https://newsofafrica.org/egypt-ahmed-ezzs-steel-firm-reduces-rebar-prices-signaling-market-shifts/?utm_source=rss&utm_medium=rss&utm_campaign=egypt-ahmed-ezzs-steel-firm-reduces-rebar-prices-signaling-market-shifts https://newsofafrica.org/egypt-ahmed-ezzs-steel-firm-reduces-rebar-prices-signaling-market-shifts/#respond Wed, 10 Apr 2024 16:08:06 +0000 https://newsofafrica.org/?p=340462 Ezz Steel, Egypt’s largest steel company led by billionaire Ahmed Ezz, has implemented another 12.5% price cut for rebar. Effective April 5, 2024, rebar will be sold at EGP40,700 ($855.53) per tonne, a reduction of EGP5,800 ($121.92) from the previous price of EGP46,500 ($976.81). This is the second price drop for rebar in three weeks. […]

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]]> https://newsofafrica.org/egypt-ahmed-ezzs-steel-firm-reduces-rebar-prices-signaling-market-shifts/feed/ 0 Egyptian Billionaire Ghabbour Family’s Fortune Dips $21.5M in Less Than Three Weeks https://newsofafrica.org/egyptian-billionaire-ghabbour-familys-fortune-dips-21-5m-in-less-than-three-weeks/?utm_source=rss&utm_medium=rss&utm_campaign=egyptian-billionaire-ghabbour-familys-fortune-dips-21-5m-in-less-than-three-weeks https://newsofafrica.org/egyptian-billionaire-ghabbour-familys-fortune-dips-21-5m-in-less-than-three-weeks/#respond Wed, 10 Apr 2024 16:00:45 +0000 https://newsofafrica.org/?p=340459 The Egyptian wealthy Ghabbour family’s holding in GB Corp has lost more than $21 million in market value over the last 19 days, owing mostly to a drop in GB Corp’s stock price. Since March 21, the Ghabbour family’s stake in the Egypt-based automaker has reduced by EGP 1.02 billion ($21.54 million), showing a trend […]

The post Egyptian Billionaire Ghabbour Family’s Fortune Dips $21.5M in Less Than Three Weeks first appeared on News of Africa - Online Entertainment - Gossip - Celebrity Newspaper - Breaking News.

]]> https://newsofafrica.org/egyptian-billionaire-ghabbour-familys-fortune-dips-21-5m-in-less-than-three-weeks/feed/ 0 El-Sewedy Family’s Stake in Electrical Equipment Group Surpasses $1 Billion https://newsofafrica.org/el-sewedy-familys-stake-in-electrical-equipment-group-surpasses-1-billion/?utm_source=rss&utm_medium=rss&utm_campaign=el-sewedy-familys-stake-in-electrical-equipment-group-surpasses-1-billion https://newsofafrica.org/el-sewedy-familys-stake-in-electrical-equipment-group-surpasses-1-billion/#respond Wed, 10 Apr 2024 15:49:18 +0000 https://newsofafrica.org/?p=340457 The El-Sewedy family, one of Egypt’s most recognized billionaire families, has regained its billionaire status when shares in Elsewedy Electric, a leading electrical equipment firm, rose about 9%. The jump increased the market value of the family’s share in the top electrical firm to more than $1 billion. The market value of the El-Sewedy family’s […]

The post El-Sewedy Family’s Stake in Electrical Equipment Group Surpasses $1 Billion first appeared on News of Africa - Online Entertainment - Gossip - Celebrity Newspaper - Breaking News.

]]> https://newsofafrica.org/el-sewedy-familys-stake-in-electrical-equipment-group-surpasses-1-billion/feed/ 0 Egypt’s Naguib Sawiris Gains $130 Million in 2 Weeks https://newsofafrica.org/egypts-naguib-sawiris-gains-130-million-in-2-weeks/?utm_source=rss&utm_medium=rss&utm_campaign=egypts-naguib-sawiris-gains-130-million-in-2-weeks https://newsofafrica.org/egypts-naguib-sawiris-gains-130-million-in-2-weeks/#respond Wed, 10 Apr 2024 15:39:47 +0000 https://newsofafrica.org/?p=340454 Egyptian billionaire Naguib Sawiris’ wealth has increased by $130 million in the last 17 days. His diverse assets in the telecom, mining, and construction sectors helped drive this increase, making his net worth close to $7 billion. Sawiris, Egypt’s second-richest individual, increased his fortune by $130 million in the last 17 days, according to the […]

The post Egypt’s Naguib Sawiris Gains $130 Million in 2 Weeks first appeared on News of Africa - Online Entertainment - Gossip - Celebrity Newspaper - Breaking News.

]]> https://newsofafrica.org/egypts-naguib-sawiris-gains-130-million-in-2-weeks/feed/ 0 Zimbabwe’s New Currency Suffers Chaotic Start https://newsofafrica.org/zimbabwes-new-currency-suffers-chaotic-start/?utm_source=rss&utm_medium=rss&utm_campaign=zimbabwes-new-currency-suffers-chaotic-start https://newsofafrica.org/zimbabwes-new-currency-suffers-chaotic-start/#respond Tue, 09 Apr 2024 20:37:10 +0000 https://newsofafrica.org/?p=340451 Zimbabwe’s new gold-backed currency got off to a rocky start on Tuesday, with stores only accepting US dollars and frustrated Zimbabweans queuing for hours outside banks to withdraw their savings. The ZiG — short for Zimbabwe Gold — began trading on Monday, only days after it was announced that it will replace the Zimbabwean dollar, […]

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]]> https://newsofafrica.org/zimbabwes-new-currency-suffers-chaotic-start/feed/ 0 Shipwreck Off Djibouti Leaves 38 Migrants Dead https://newsofafrica.org/shipwreck-off-djibouti-leaves-38-migrants-dead/?utm_source=rss&utm_medium=rss&utm_campaign=shipwreck-off-djibouti-leaves-38-migrants-dead https://newsofafrica.org/shipwreck-off-djibouti-leaves-38-migrants-dead/#respond Tue, 09 Apr 2024 20:18:50 +0000 https://newsofafrica.org/?p=340449 The UN reported Tuesday that the dead of 38 migrants, including children, were retrieved following a shipwreck off the Horn of Africa nation of Djibouti, the latest calamity on the so-called Eastern migration route. According to the International Organisation for Migration, the boat was carrying 66 passengers when it sank early Monday morning. The tragedy […]

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]]> https://newsofafrica.org/shipwreck-off-djibouti-leaves-38-migrants-dead/feed/ 0 Jamaican Artist Sean Paul Prepares to Kick Off US Tour https://newsofafrica.org/jamaican-artist-sean-paul-prepares-to-kick-off-us-tour/?utm_source=rss&utm_medium=rss&utm_campaign=jamaican-artist-sean-paul-prepares-to-kick-off-us-tour https://newsofafrica.org/jamaican-artist-sean-paul-prepares-to-kick-off-us-tour/#respond Mon, 08 Apr 2024 20:27:16 +0000 https://newsofafrica.org/?p=340444 Sean Paul, the Jamaican musician who topped the Billboard Hot 100 21 years ago, is gearing up for a 22-date tour throughout the United States, which begins on May 2. His dancehall anthem ‘Get Busy’ peaked at number one in 2003, promoting dancehall riddims and reggae to new audiences. Since then, the musician has released […]

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