🇰🇪 Kenya police bust colossal scam in Nairobi
Kenyan police have arrested eight people they accuse of being involved in a colossal scam which they say involves $439 trillionn.
The figure has raised eyebrows as it's nearly 200 times the total value of US dollars in global circulation.
The authorities said the suspects had claimed to be transporting cash from Togo to Dubai and needed facilitation from two Dutch citizens.
Many have questioned the figure the police have given, but the authorities said it had been provided by officials in the Netherlands who are yet to comment on the matter.
#Kenya
@africaintel
Kenyan police have arrested eight people they accuse of being involved in a colossal scam which they say involves $439 trillionn.
The figure has raised eyebrows as it's nearly 200 times the total value of US dollars in global circulation.
The authorities said the suspects had claimed to be transporting cash from Togo to Dubai and needed facilitation from two Dutch citizens.
Many have questioned the figure the police have given, but the authorities said it had been provided by officials in the Netherlands who are yet to comment on the matter.
#Kenya
@africaintel
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🇸🇴🇪🇹🇰🇪 At least 111 dead and 700,000 displaced in the Horn of Africa due to floods
At least 111 people, including 16 children, have died and 700,000 have been displaced by floods caused in recent weeks by torrential rains in the Horn of Africa.
The British NGO Save the Children also urged the international community to take action in response to "massive displacement" in all three countries.
The El Niño climatic phenomenon is amplifying the rainy season in the region, affecting Somalia, Ethiopia and Kenya in particular.
El Niño, generally associated with rising temperatures, droughts in some parts of the world and heavy rains in others, is set to continue until April.
#Somalia #Ethiopia #Kenya
@africaintel
At least 111 people, including 16 children, have died and 700,000 have been displaced by floods caused in recent weeks by torrential rains in the Horn of Africa.
The British NGO Save the Children also urged the international community to take action in response to "massive displacement" in all three countries.
The El Niño climatic phenomenon is amplifying the rainy season in the region, affecting Somalia, Ethiopia and Kenya in particular.
El Niño, generally associated with rising temperatures, droughts in some parts of the world and heavy rains in others, is set to continue until April.
#Somalia #Ethiopia #Kenya
@africaintel
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🇵🇸🇪🇬 Medical relief should be focused inside Gaza said Egyptian minister
Work on providing medical relief for Palestinians from the Gaza Strip should be concentrated within the besieged enclave, Egypt's foreign minister said.
Egypt has received limited numbers of medical evacuees from Gaza through the Rafah crossing this month, most of whom have been taken to Egyptian hospitals for treatment.
"We have to concentrate on getting medical facilities established inside of Gaza so it can be more accessible to Palestinians who are in need for medical assistance," Foreign Minister Sameh Shoukry said.
Attempts were being made to plan the evacuation of Al Shifa hospital in northern Gaza and that the transfer of some patients to Egypt was an option, a U.N. official said.
#Palestine #Egypt
@africaintel
Work on providing medical relief for Palestinians from the Gaza Strip should be concentrated within the besieged enclave, Egypt's foreign minister said.
Egypt has received limited numbers of medical evacuees from Gaza through the Rafah crossing this month, most of whom have been taken to Egyptian hospitals for treatment.
"We have to concentrate on getting medical facilities established inside of Gaza so it can be more accessible to Palestinians who are in need for medical assistance," Foreign Minister Sameh Shoukry said.
Attempts were being made to plan the evacuation of Al Shifa hospital in northern Gaza and that the transfer of some patients to Egypt was an option, a U.N. official said.
#Palestine #Egypt
@africaintel
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🇳🇬🇮🇹 Nigeria withdraws $1.1 bln claim against Eni on oilfield deal
Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni and related to allegations of corruption in a oilfield deal, Bloomberg News reported on Thursday.
Nigeria's justice ministry will waive the claims before Italy's highest court "unconditionally" and "with immediate effect" no later than November 17, the report said.
An Eni spokesperson confirmed that the group had received the letter regarding OPL 245, and said it was pleased about the Nigerian government's decision.
The energy group added it was ready to consider - together with the government of Nigeria - the necessary steps for achieving the conversion of the licence from prospecting into mining, to ensure development perspectives for the field.
#Nigeria #Italy
@africaintel
Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni and related to allegations of corruption in a oilfield deal, Bloomberg News reported on Thursday.
Nigeria's justice ministry will waive the claims before Italy's highest court "unconditionally" and "with immediate effect" no later than November 17, the report said.
An Eni spokesperson confirmed that the group had received the letter regarding OPL 245, and said it was pleased about the Nigerian government's decision.
The energy group added it was ready to consider - together with the government of Nigeria - the necessary steps for achieving the conversion of the licence from prospecting into mining, to ensure development perspectives for the field.
#Nigeria #Italy
@africaintel
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🇱🇷 Weah and Joseph Boakai in neck and neck race after Liberia's run-off election
With results in from more than 85% of polling stations in Liberia's run-off election, opposition candidate Joseph Boakai is slightly ahead of President George Weah.
Boakai so far has 50.6% of the vote, while Weah is on 49.4%, the election commission says.
The two were separated by just over 7,000 votes in the first round in October, triggering run-off.
The latest results from Tuesday's run-off come after votes from just over 5,000 of the 5,890 polling stations have been collated.
It is unclear when the final result will be out. The election commission has 15 days from polling day of announce it.
The third placed candidate secured only about 2% of the vote.
#Liberia
@africaintel
With results in from more than 85% of polling stations in Liberia's run-off election, opposition candidate Joseph Boakai is slightly ahead of President George Weah.
Boakai so far has 50.6% of the vote, while Weah is on 49.4%, the election commission says.
The two were separated by just over 7,000 votes in the first round in October, triggering run-off.
The latest results from Tuesday's run-off come after votes from just over 5,000 of the 5,890 polling stations have been collated.
It is unclear when the final result will be out. The election commission has 15 days from polling day of announce it.
The third placed candidate secured only about 2% of the vote.
#Liberia
@africaintel
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🇳🇪 Niger's junta chief sets up anti-corruption body
Niger's military junta chief officially set up on Thursday an anti-corruption commission and a state court.
Members of the court and commission two new bodies swore an oath in front of new strongman, General Abdourahamane Tiani, in his first public appearance since coup in July.
Military chiefs, government members, traditional chiefs, religious figures and foreign diplomats attended the inaugurations in the capital, Niamey.
The new state court replaces the court of cassation and state council, which were dissolved after the coup.
The anti-corruption commission's main role will be recovering all illegally acquired and misappropriated public property.
It is made up of judges, army and police officers and representatives of civil society.
#Niger
@africaintel
Niger's military junta chief officially set up on Thursday an anti-corruption commission and a state court.
Members of the court and commission two new bodies swore an oath in front of new strongman, General Abdourahamane Tiani, in his first public appearance since coup in July.
Military chiefs, government members, traditional chiefs, religious figures and foreign diplomats attended the inaugurations in the capital, Niamey.
The new state court replaces the court of cassation and state council, which were dissolved after the coup.
The anti-corruption commission's main role will be recovering all illegally acquired and misappropriated public property.
It is made up of judges, army and police officers and representatives of civil society.
#Niger
@africaintel
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🇪🇹 AfDB says it filed complaint after Ethiopia staff arrested
The African Development Bank (AfDB) said on Thursday it has lodged a formal complaint with the Ethiopian authorities after two of its staff members were arrested, assaulted and detained by the country's security forces.
Calling it a "very serious diplomatic incident", the AfDB said two staff members were "unlawfully arrested, physically assaulted, and detained for many hours by elements of the security forces without any official explanation."
An AfDB statement said the Ethiopian government had extended its support to the bank and has promised a speedy investigation into the incident. The bank's operations in the east African country have not been affected by the incident, it added.
#Ethiopia
@africaintel
The African Development Bank (AfDB) said on Thursday it has lodged a formal complaint with the Ethiopian authorities after two of its staff members were arrested, assaulted and detained by the country's security forces.
Calling it a "very serious diplomatic incident", the AfDB said two staff members were "unlawfully arrested, physically assaulted, and detained for many hours by elements of the security forces without any official explanation."
An AfDB statement said the Ethiopian government had extended its support to the bank and has promised a speedy investigation into the incident. The bank's operations in the east African country have not been affected by the incident, it added.
#Ethiopia
@africaintel
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🇪🇬🇦🇪 Egypt sells stake in tobacco firm Eastern Co to UAE company
Egypt has sold a stake in tobacco products maker Eastern Co in its first foreign sale of a major state asset since it agreed to a privatisation programme with the IMF last December.
The buyer was the UAE's Global Investment Holding Co., Eastern CEO Hani Aman confirmed.
Global Investment bought 30% of Eastern, or 669 million shares, for 16.40 billion Egyptian pounds ($531.60 million), or 24.51 pounds per share in a transaction executed on the stock exchange on Thursday.
Eastern's shares closed up 0.95% on Thursday at 27.95 pounds.
The buyer also agreed to pay an extra 4.38 pounds per share, putting the total purchase value at $650 million, the Ministry of Public Enterprise said in a statement forwarded by EFG Hermes, which acted as adviser on the transaction.
#Egypt #UAE
@africaintel
Egypt has sold a stake in tobacco products maker Eastern Co in its first foreign sale of a major state asset since it agreed to a privatisation programme with the IMF last December.
The buyer was the UAE's Global Investment Holding Co., Eastern CEO Hani Aman confirmed.
Global Investment bought 30% of Eastern, or 669 million shares, for 16.40 billion Egyptian pounds ($531.60 million), or 24.51 pounds per share in a transaction executed on the stock exchange on Thursday.
Eastern's shares closed up 0.95% on Thursday at 27.95 pounds.
The buyer also agreed to pay an extra 4.38 pounds per share, putting the total purchase value at $650 million, the Ministry of Public Enterprise said in a statement forwarded by EFG Hermes, which acted as adviser on the transaction.
#Egypt #UAE
@africaintel
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🇲🇬 Madagascar polls closed and opposition shuns votes
Yesterday evening polls have closed in Madagascar following a presidential election that was marred by opposition calls for a boycott and weeks of protest.
Voting took place peacefully, though turn-out was reportedly low. Polling stations in opposition areas were mostly empty, with a a low-key security presence across Antananarivo.
However, people were seen lining up at polling stations in areas regarded as strongholds of Mr Rajoelina and his party.
There was a low-key security presence across Antananarivo during vote.
Ten of the 12 opposition leaders called for a boycott of the election.
Rajoelina dismissed their concerns, and was joined by his family as he voted in the capital Antananarivo's northern neighbourhood of Atmobe.
#Madagascar
@africaintel
Yesterday evening polls have closed in Madagascar following a presidential election that was marred by opposition calls for a boycott and weeks of protest.
Voting took place peacefully, though turn-out was reportedly low. Polling stations in opposition areas were mostly empty, with a a low-key security presence across Antananarivo.
However, people were seen lining up at polling stations in areas regarded as strongholds of Mr Rajoelina and his party.
There was a low-key security presence across Antananarivo during vote.
Ten of the 12 opposition leaders called for a boycott of the election.
Rajoelina dismissed their concerns, and was joined by his family as he voted in the capital Antananarivo's northern neighbourhood of Atmobe.
#Madagascar
@africaintel
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