Background to the Barrick Gold/Acacia Mining Dispute With Tanzania and Way Forward

  Background to the Barrick Gold/Acacia Mining Dispute With Tanzania and Way Forward   Recent reports, especially Western business media, regarding the relations between Barrick Gold Mining Ltd. (ABXU.S.: NYSE) / Acacia Mining Plc. (LON: ACA) and the government of President John Magufuli have tended to forget the history of the formerly socialist country’s relations…

Details

Should You Trust the World Bank? Its 2017 Annual Report Might Surprise You!

Should You Trust the World Bank? Its 2017 Annual Report Will Surprise You The World Bank Group has just released its 2017 Annual Report, which covers the period from July 1, 2016, to June 30, 2017. It was prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International…

Details

Nigeria to Host the 2017 African Philanthropy Forum Conference

  Nigeria to Host the 2017 African Philanthropy Forum Conference The 2017 African Philanthropy Forum Conference themed “African Philanthropy in a Changing Global Context”, is coming to Nigeria this year from October 30 – 31 at the Eko Hotel and Suites, Victoria Island, Lagos. So far, the annual conference has been hosted in three other…

Details

Aramco Shares IPO: Change International Listing Rules or Saudi Exchange Goes Solo

  Aramco Shares IPO: Relax International Listing Rules or Buy From Saudi Exchange Only   Bloomberg News (26 October 2017) reports that Saudi Arabia’s stock exchange is gunning for the exclusive right to list shares of oil giant Aramco and will compete with other bourses seeking a piece of what could be the world’s biggest…

Details

The Death of US Soldiers in Niger and the Post-Gaddafi Repercussions in Sahel Africa

  The Death of US Soldiers in Niger and the Post-Gaddafi Repercussions in Sahel Africa   “How can we speak of such a thing as post-Gaddafi repercussions, may well be asked? A dictator is gone, and not just any dictator, but a source of regional and global instability who used his oil wealth to support…

Details

Kwese TV Is Revolutionizing Lucrative Pay-As-You-Watch TV in Africa

  Kwese TV Is Revolutionizing Lucrative Pay-As-You-Watch TV in Africa The long-running dominance of the pay-as-you-watch (PAYW) TV in Africa by South Africa-based DSTv is once again set to be threatened. The source of the threat is playing out, first, in the revolution now happening in penetrating the very lucrative Nigerian market led by Kwese…

Details

What Did Tanzania Really Gain From the $300m Deal With Barrick Gold/Acacia?

  What Did Tanzania Really Gain From the $300m Deal With Barrick Gold/Acacia?   The investment world has been abuzz with news of the recent agreement by which Barrick Gold’s majority-owned African subsidiary, Acacia Mining Plc will give Tanzania a 16 percent stake in three gold mines, a 50 per cent share in revenues from…

Details