African-American Musk Speaks | 01.21.2025
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Headlines
🎦 African-American Musk Speaking at Trump’s Inauguration
New BEE Tax for South African Businesses Planned
📸 Smart Phone Minerals
Nigeria Admitted as BRICS Partner Country
Angola and France to Sign €430m in Contracts During Lourenço State Visit
📸 Population Densities in Africa (“7”)
Ghana’s Mahama Scraps Seven Government Ministries to Save Costs
Saudi Arabia Vows to be ‘Fast and Furious’ in Mining as it Reveals $100 Billion Investment
Barrick to suspend operations in Mali after gold seized
What Does Trump’s Likely Africa Team Say About Policy Direction?
Mastercard Unveils Expansion in West Africa
CrossBoundary Energy Secures $140m Senior Debt from Standard Bank
Africa
🎦 African-American Musk Speaking at Trump’s Inauguration
📰 New BEE Tax for South African Businesses Planned
South African businesses are among the highest taxed in the world and are lucky to receive steady power and water from the government. Adding the additional 3% tax brings the effective corporate burden to around 29.19% for most companies. This excludes the myriad of other taxes businesses and individuals face… Read More
📸 Smart Phone Minerals
📰 Nigeria Admitted as BRICS Partner Country
Nigeria becomes the ninth BRICS partner country, joining Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan. South Africa, Egypt, and Ethiopia are full BRICS members, Nigeria the only partner nation to the bloc… Read More
📰 Angola and France to Sign €430m in Contracts During Lourenço State Visit
France isn’t giving up on Africa having just signed several agreements with Angola to help it diversify its economy away from mainly oil and gas… Read More
📸 Population Densities in Africa (“7”)
📰 Ghana’s Mahama Scraps Seven Government Ministries to Save Costs
The 7 ministries cut are part of an IMF austerity agreement. With 23 ministries still standing ample room remains to cut deeper… Read More
📰 Saudi Arabia Vows to be ‘Fast and Furious’ in Mining as it Reveals $100 Billion Investment
Investment in critical minerals mining and processing must be happening “as fast and furious as possible” in Saudi Arabia, its energy minister said at the Future Minerals Forum in Riyadh.… Read More
📰 Barrick to Suspend Operations in Mali After Gold Seized
Mali’s government seized $245 million from the Canadian mining company which has “obliged” the company to temporarily suspend mining operations in at two mines in Mali. The government says Barricks owes it $5.5 billion which has been disputed since 2023 over a contract based on new mining rules. Mali has issued an arrest warrant for CEO Mark Bristow and detained senior executives previously… Read More
📰 What Does Trump’s Likely Africa Team Say About Policy Direction?
Toughness towards South Africa is expected, but the wider Africa policy strategy is less clear… Read More
📰 Mastercard Unveils Expansion in West Africa
The payment company recently opened an office in Accra, Ghana. It has offices in Cairo, Casablanca, Johannesburg, Lagos, Nairobi, and Mauritius.… Read More
📰 CrossBoundary Energy Secures $140m Senior Debt from Standard Bank
The financing is being undertaken as a first tranche within a broader mandate with Standard Bank, which has been appointed to lead and arrange up to $300 million senior debt to support the scaling of CrossBoundary Energy's renewable energy portfolio serving commercial and industrial (C&I) clients across Africa..… Read More