Foreign

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2nd Russia-Africa Summit: prospects and expectations

By Lawal Sale  Abuja, July 11, 2023 – All roads lead to Russia’s second largest city, St. Petersburgh, for the second gathering of Russian and African leaders from July 27 to July 28, 2023.  The primary aim of the summit tagged “Russia-Africa Economic and Humanitarian Summit” is to strengthen ties between Russia and African countries, particularly in areas of politics, economic development, science and technology, security, infrastructure, education and culture.  Oleg Ozerov, Head of the Summit Secretariat, disclosed that majority of the 54 African leaders had indicated their interest to …

ECOWAS mission appeals for calm as Sierra Leoneans await election results

Freetown, June 25, 2023 -The ECOWAS Observation Mission to Sierra Leone’s general elections has continued its preventive diplomacy initiatives with key political stakeholders as Sierra Leoneans anxiously await the results of Saturday, June 24, 2023 polls. The Head of the ECOWAS Mission, Dr Mohamed Chambas on Sunday met with his counterparts from other International Observation Missions, including the African Union, the Commonwealth, EU, the West Africa Elders’ Forum, and the Carter Foundation, to compare notes on the reports and information from their observers in the field. Dr Chambas accompanied by …

ECOWAS observers charged to demonstrate impartiality, professionalism 

Freetown, June 22, 2023 – Ninety-five ECOWAS observers in Sierra Leone’s 16 electoral districts have been advised to be neutral and carry out their responsibilities with a high sense of professionalism wherever  they are deployed for the presidential and general elections on Saturday, June 24, 2023 “Elections continue to represent the preferred mode by Africans for choosing or changing their leaders and our presence as observers will add value and give confidence to the electoral commission, political parties and the public at large to play their parts for a peaceful …

Head of ECOWAS observation mission urges peaceful, credible elections in Sierra

Freetown, June 22, 2023 – Dr Mohamed Ibn Chambas, Head of the 95-member strong ECOWAS Election Observation Mission to Sierra Leone, on Wednesday called on Sierra Leoneans to ensure that Saturday’s elections for a new president, parliament, and councilors were peaceful, credible, and transparent. Since his arrival on Tuesday, Dr Chambas, who is well known in the region, having served as ECOWAS Commission President and Special Representative of the UN Secretary-General in West Africa and the Sahel, continues to repeat his message of peace and conciliation during engagements with various …

Tinubu shops for foreign investments in France

France, June 21, 2023 -President Bola Tinubu has been scheduled to meet with at least three world leaders and some global financial institutions since his arrival in France in his bid to attract more foreign exchange and investors to Nigeria. President Tinubu arrived in Paris, the capital of France, on Tuesday evening to participate in the New Global Financial Pact Summit at Palais Brongniart from June 22 to 23, 2023. Dele Alake, Tinubu’s Special Adviser on Special Duties, Communication and Strategy, disclosed these developments on Wednesday while talking to journalists …

Sierra Leone’s electoral umpire ready to deliver credible elections – official

Freetown, June 21, 2023 -The Electoral Commission for Sierra Leone (ECSL) has reaffirmed its commitment and readiness to deliver credible and transparent presidential and parliamentary elections on Saturday, June 24. “We are ready mentally and physically for Saturday’s elections, and a possible run-off vote should the need arise,” the ECSL’s Chief Electoral Commissioner Mohamed Konneh told ECOWAS Observers during a briefing in his Freetown office on Tuesday. He confirmed that ballot papers for Saturday’s polls were received from South Africa on Monday and that non-essential electoral materials had been deployed …

Google selects 25 African startups for $4m grant

Lagos, June 20, 2023 – Google for Startups (GfS) on Tuesday announced the 25 African-based startups selected for this year’s $4 million Black Founders Fund. The Black Founders Fund, now in its third year, aims to help tackle systemic racial inequality in Venture Capital (VC) funding by providing equity-free grants and mentoring to early-stage Black-led high-growth businesses across Europe and Africa.  The selected cohort of 40 startups from Europe and Africa, includes 25 African startups that embody the diverse entrepreneurial spirit across the African continent. Startups led or co-founded by …

Free trade zones attracted $346m DFI in 3 yrs

Abuja, June 20, 2023 – Free trade zones in the country attracted $346.6 million in Foreign Direct Investments (FDI) between 2020 and the first quarter of 2023. There are 55 free trade zones in the country under the management of the Nigeria Export Processing Zones Authority (NEPZA). Prof. Adesoji Adesugba, the Managing Director of NEPZA, said this at a conference of the Commerce and Industry Correspondents Association of Nigeria (CICAN) in Abuja. He said the NEPZA also attracted N360.7 billion local direct investments to the Nigerian economy during the period. …

Tinubu travels on first foreign trip to Paris

Abuja, June 19, 2023 -President Bola Tinubu will go on his first official foreign trip on Tuesday to sign a New Global Financial Pact in Paris, France, from June 22 to June 23. He will be accompanied by members of the Presidential Policy Advisory Council and will return to the country on Saturday. A statement by Mr Dele Alake, his Special Adviser on Special Duties, Communication and Strategy, said “the financial pact to be signed at the event will place the vulnerable countries at its heart’. “President Bola Ahmed Tinubu …

“Binance Nigeria Limited is a scam – Binace Chief Executive

Lagos, June 18, 2023 – Changpeng Zhao, the Chief Executive Officer of Binance, has denounced Binace operation in Nigeria under a company named “Binance Nigeria Limited” as a scam. Zhao made the disclaimer in a statement on Sunday through Twitter. The statement read: “Binance have issued cease & desist notice to the scammer entity “Binance Nigeria Limited”. Don’t believe everything you read in the news.” Binance is a leading global cryptocurrency trading platform. The Securities and Exchange Commission (SEC) of Nigeria has earlier this month described Binance Nigeria Limited as a …


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