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Financial Gazette Newswire
Source: Financial Gazette Newswire |

One Planet Summit supporting Africa

This is the first time the One Planet Summit, launched by French president Emmanuel Macron in December 2017, will be held in Africa

When the third One Planet Summit (https://www.OnePlanetSummit.fr/en) gets underway in Nairobi on March 14, it will make history while also making a crucial point about climate change. This is the first time the One Planet Summit, launched by French president Emmanuel Macron in December 2017, will be held in Africa. The…

Financial Gazette Newswire
Source: Financial Gazette Newswire |

Corruption in Africa… a la francaise (By Karim El Bar)

Italy thinks France is treating Africa like a colony; One businessman is determined to prove them right

By Karim El Bar With European Parliamentary elections around the corner, both parties in Italy’s coalition government have taken the opportunity to burnish their anti-establishment credentials. The target: Emmanuel Macron. The reason: colonialism and migration. Luigi Di Maio, Italy’s deputy prime minister and leader of the populist 5 Star Movement,…

Financial Gazette Newswire

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    • DP World Limited handled 63.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year of 2016, with gross container volumes growing by 3.2% year-on-year on a reported basis, and 2.2% on a like-for-like basis. pic (c) maritimegateway.com
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Source: Financial Gazette Newswire |

Dubai sues China’s Merchants Port (By Paul Nyakazeya)

The lawsuit was filed in the High Court of Hong Kong for unlawfully procuring and inducing the Republic of Djibouti to breach various agreements between the African country and DP World

By Paul Nyakazeya UNITED Arab Emirates’ (UAE) DP World Limited and its subsidiaries has taken legal action against China for building an international free zone on a terminal being disputed with Djibouti. The lawsuit was filed in the High Court of Hong Kong for unlawfully procuring and inducing the Republic…

Financial Gazette Newswire
Source: Financial Gazette Newswire |

Angola sink deeper into debt

The debt is very high considering that the country has a resources that has been a major contributor to it’s economic revival and potential for growth if properly managed

Angola’s is failing to control its foreign and domestic debt which is estimated at nearly $80 billion despite being the second largest oil producing country in Africa and the continent’s third strongest economy. The debt is very high considering that the country has a resources that has been a major…