Category Archives: World

29Apr/23

Investors Unite to Back Ukraine in Historic Fund

Horizon Capital, a U.S. private-equity firm investing primarily in fast-growing tech and export-oriented companies in Ukraine, announced that its latest fund, Horizon Capital Growth Fund IV (HCGF IV, the “Fund”) has reached $254 million at its Interim Closing held today in Kyiv, Ukraine. In besting its $250m target size at this second closing, the Fund demonstrates strong investor appetite for compelling opportunities in high-growth, high-impact tech and export-oriented companies, including light manufacturing, food processing, innovative consumer goods, fintech and more. Fund investments are expected to contribute to Ukraine’s ongoing resilience, including supporting growth and job creation, expanding the tax base, increasing availability of capital for SMEs, and promoting gender equality. Continue reading

29Apr/23

Sudan: questions about Wagner Group involvement as another African country falls prey to Russian mercenaries

Kristian Gustafson, Brunel University London; Dan Lomas, Brunel University London; Neveen S Abdalla, Brunel University London, and Steven Wagner, Brunel University London

After more than a week of intense fighting between Sudanese government troops and paramilitary forces in Khartoum, many western countries – including the US and UK – are evacuating their nationals from the strife-torn city.

While the conflict has been billed as a clash between rival warlords, there are questions about the role played by the private Russian mercenary company, the Wagner Group. This group, allegedly associated with Russian president Vladimir Putin’s ally Yevgeny Prigozhin – although he has denied any involvement – is heavily engaged in several African countries, exacerbating regional instability.

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28Apr/23

Kenneth Kaunda Day

Kenneth Kaunda Day is a day to celebrate the life and legacy of Kenneth Kaunda. Kaunda served as president of Zambia for 27 years. During his time in office, he oversaw the country’s transition from a colony to an independent nation. He was a great leader who helped to shape Zambia into the country that it is today. Continue reading

26Apr/23

The Croatia-Zambia adoption scandal

April 26, 2023 /World/ – The Croatia-Zambia adoption scandal is a complex case with many unanswered questions. The four Croatian couples involved in the case had been in the process of adopting children from Zambia for several years. They had all been approved by the Croatian government and had received all of the necessary paperwork. However, when they arrived in Zambia to pick up the children, they were arrested on suspicion of child trafficking.
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26Apr/23

The deregistration of the Patriotic Front (PF) would be a serious blow to democracy in Zambia.

April 26, 2023 /Politics/ – The Patriotic Front (PF) is a political party in Zambia that was founded in 2001. The party has been in power since 2011, but lost the 2021 general election to the United Party for National Development (UPND).

In February 2023, the Registrar of Societies issued a formal warning to the PF for failing to update its office bearers’ credentials. The Registrar gave the PF a deadline of 14 days to comply with the law, or face deregistration. Continue reading

26Apr/23

Chilekwa Mumba from Zambia awarded the 2023 Goldman Environmental Prize

April 26, 2023 /Environment/ — Chilekwa Mumba is an environmental activist from Zambia who was awarded the 2023 Goldman Environmental Prize for his work to hold the mining company Vedanta Resources accountable for the environmental damage it caused in Zambia.

Mumba started his activism in 2015, when he noticed that the Kafue River, which runs through his community, was becoming polluted. He investigated and found that the pollution was coming from the Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources.
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25Apr/23

The US reaction to President Joe Biden re-election bid.

April 25, 2023 /Politics/ — US President Joe Biden announced his re-election bid on Tuesday, April 25, 2023. The announcement was met with mixed reactions from the public. Some people were excited to see Biden run again, while others were disappointed.
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