Lesotho Digs Up Biggest Diamond in History, Weighs More Than a Baseball

The small southern African, Lesotho, often called the High Mountain Kingdom, hit the headlines today with the announcement that miners in the country have unearthed one of the largest diamonds ever found, a glittering giant weighing 910 carats, or 6.4 ounces, and probably worth tens of millions of dollars. Reuters reports that the stone, found…

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The Ethiopian Multi-Millionaire Who Built Africa’s First Marriott Hotel

Apart from Saudi-Ethiopian billionaire Mohammed Al-Amoudi, Samuel Tafesse is arguably the most popular businessman of Ethiopian origin. The 60-year-old real estate mogul is the founder of Sunshine Investment Group, a construction and development company that develops residential, leisure, and commercial properties in Ethiopia and the Middle East. Since its founding in 1983, Sunshine Investment Group has built…

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Brand Name Hotels Are Changing the Skyline of Addis Ababa, Ethiopia

Inside the headquarters of Ozzie Business and Hospitality Group, an office that is as small as an ordinary studio apartment in Bole, the exclusive neighborhoods of Addis Ababa, Kumeneger Teketel is multitasking. He is seated comfortably in an office facing the magnificent landmark Bole Medhanealem Church with a view of the capital that is fast…

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Nigeria Verges on Genocide Amid a New Wave of Brazen Attacks by Fulani Herdsmen

Since the start of the year, Nigerians have been served bloody reminders that Boko Haram is no longer the country’s biggest internal security threat. States in Nigeria’s middle belt have been rocked by attacks from suspected Fulani herdsmen in a new wave of violence which primarily stems from disputes over grazing areas for cattle. Attacks in villages…

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DR-Congo Wants Mores Taxes as Apple and Tesla Hunt for Cobalt for a “Clean Future”

    Our increasing reliance on rechargeable batteries is making the Democratic Republic of Congo reconsider how it values cobalt. Once a forgotten byproduct, the price of cobalt has tripled in the last two years and the world’s largest producer plans to profit off the demand.     Lawmakers in the capital Kinshasa are currently considering…

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World Cocoa Supply Suffers as Cameroonian Farmers Abandon Plantations Amid Dictator’s Crackdown

 Thousands of cocoa farmers have fled violence between separatists and security forces in Cameroon’s Southwest Region, which grows more than 100,000 tonnes of beans, nearly half of the country’s output, farmers and buyers told Reuters. They said the clashes could put a dent in output from the world’s fifth largest cocoa producer, which is already…

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Punishing Poor Mozambicans for the Actions of a Greedy Elite and a Major Swiss/British Bank

Poor Mozambicans are being punished for the actions of a greedy elite and a major Swiss/British bank, writes Joseph Hanlon, Senior Visiting Fellow in the Department of International Development. Fewer teachers will be hired this year, leading to even more overcrowded classrooms, and health spending is being cut, as donors reduce aid to Mozambique or shift…

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Ethiopian Prime Minister to Release Political Prisoners; Shut “Torture Chamber”

In a surprise move, Ethiopia’s prime minister has announced the release of political prisoners and the closure of a notorious detention centre, allegedly used as a torture chamber. Hailemariam Desalegn told a press conference the move was designed to allow political dialogue. But it is unclear exactly who will be released – or when it…

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