Former Nigerian President Obasanjo wants to invest FCFA 420 billion in Kribi to densify trade with Nigeria

[...]The company also plans to develop 10 ha for the transformation of wood. The intention is to decongest the ports of Apapa and Lekki “by performing many services, including transhipment and many other maritime activities at Kribi’s deep water port,” said Agha Albert Ngwana. Oabl also provides for the construction of oil and gas storage parks for the supply of ships, as well as the construction of a 5 -star hotel in Kribi.[...]

https://africa-excellence.net/....former-nigerian-pres

*FINANCE NOIRE: ARME DE DESTRUCTION*

(The Dark Side of Finance: Stock Market Crash of 1929, Subprime Crisis - Documentary)

[...]La grande crise financière que nous connaissons[...]est venue d'une defaillance des systèmes de regulation. Cette crise est essentiellement due à de mauvaises practiques comptables, à de mauvaises règles comptables etablies non pas par les banques, mais etablies par les banques centrales, etablies par les lois, etablies par des ministères de finances qui permettaient aux banques à travers des jeux d'ecriture qui leur etaient ouverts comme des boulevards, d'augmenter et d'empiler les risques au-delà des fonds propres qu'elles avaient. Et cela, personne; jusqu'à ce que le drame ne se produise, n'a songé à les critiquer[...]

[...]La Banque est au coeur de quelque chose de plus large qui est le système financier. Qu'est ce que c'est que le système financier? C'est l’ensemble des institutions dont la matière première est la dette. La finance, elle emet de la dette, elle fait circuler de la dette, elle place de la dette, elle negocie de la dette.[..]

[...]La finance elle ne fait rien d'autre que placer, empaqueter, assurer et revendre des dettes. Elle fait rien d'autre que faire circuler des dettes entre des crediteurs et des emprunteurs. Il y a des hommes politiques qui preferent dire que la finance prend trop de place plutôt que de dire qu'il y a trop de dettes[...]

Washington a raison: on paye trop d’impôts!

[...]La Maison-Blanche a jeté un pavé dans la mare en déclarant que les Québécois paient 53% d’impôts. Élus et commentateurs ont sauté sur leur calculatrice pour dénoncer une donnée imprécise et exagérée. Certes, mais la réalité demeure: les Québécois sont asphyxiés par les impôts![...]

https://www.journaldemontreal.....com/2025/03/21/washi

Tunisia to suspend Bolt for alleged tax evasion, launch state-backed ride-hailing app

[...]Tunisia wants to suspend Bolt, one of the country’s leading ride-hailing apps, over allegations of tax evasion, money laundering, and operating without proper licences.[...]

[...]The crackdown comes as Tunisia prepares to launch a state-backed ride-hailing app to control fares and regulate the sector. The transport ministry claims the yet-to-be-named app will cap prices at 1.5 times the traditional taxi metre rate and address drivers’ demands for higher rates.[...]

https://techcabal.com/2025/03/....26/tunisia-to-suspen

Lipa Later enters administration after failed fresh fundraising efforts

[...]Lipa Later, a Kenyan buy-now-pay-later (BNPL) fintech, has been placed under administration effective March 24, 2025, after months of financial struggles and failed fundraising efforts.[...]

[...]Lipa Later had previously strong investor backing, raising $12 million in seed funding in January 2022 from Cauris, Lateral Frontiers, and others, alongside undisclosed debt from the same investors. Earlier rounds saw seed investments from Orbit Startups in 2021 and Founders Factory Africa in 2019.[...]

https://techcabal.com/2025/03/....27/lipa-later-enters

Nigeria’s human rights body steps into AI regulation

[...]In a move to safeguard citizens’ rights in the digital age, the National Human Rights Commission (NHRC) of Nigeria has announced plans to engage with technology companies to prevent potential harm from using artificial intelligence (AI). This initiative underscores the Commission’s commitment to ensuring that technological advancements do not infringe upon human rights.​[...]


https://techpoint.africa/news/....nigerias-human-right

Russian auto giant AvtoVAZ enters Nigeria with spare parts hub, local assembly plant

[...]AvtoVAZ’s expansion is in response to increasing competition, particularly from Chinese automakers strengthening their presence in Russia amid ongoing talks of a ceasefire between Russia and Ukraine. Great Wall Motors, a Chinese manufacturer, plans to boost its production capacity in Russia from 150,000 to 200,000 units by 2025. Hyundai and Renault are reportedly plotting a return to the Russian market after a ceasefire deal is reached.[...]


https://techcabal.com/2025/03/....26/avtovaz-enters-ni

Marketforce ordered to pay $16,000 in wrongful termination case

[...]A Kenyan court has ordered Marketforce Technologies, once a rising star in Africa’s B2B e-commerce sector, to pay KES 2.1 million ($16,00 to a former employee for wrongful termination. The ruling comes nearly a year after the Y Combinator-backed startup shut down RejaReja, its flagship B2B marketplace, leaving its future uncertain. Its co-founder, Tesh Mbaabu, has since moved on to launch a social commerce platform, Chpter.[...]

https://techcabal.com/2025/03/....27/marketforce-order