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Ghana approves visa‑free travel for all African passport holders
Ghana’s outgoing President Nana Akufo-Addo, in his final State of the Nation Address on 5 January, announced a landmark visa-free travel policy for all African passport holders, effective from the start of 2024. The initiative, aimed at enhancing trade, tourism, and cultural exchange, aligns with Ghana’s role as host of the African Continental Free Trade Area (AfCFTA) Secretariat and its broader Pan-African vision.
Akufo-Addo highlighted economic achievements during his tenure, including a rise in Ghana’s Gross International Reserves to $8 billion and projected GDP growth of 6.3% in 2024, despite challenges like the COVID-19 pandemic. As he prepares to hand over power to President-elect John Mahama, Akufo-Addo expressed pride in leaving behind a nation he described as secure, democratic, and poised for continued progress.
Read the original article here: https://www.theafricareport.com/372886/ghana-approves-visa-free-travel-for-all-african-passport-holders/
Namibia elects VP Nandi-Ndaitwah as country’s first female president
Netumbo Nandi-Ndaitwah will officially assume office as Namibia’s first female president, a historic milestone following her election last month. According to Namibia’s electoral commission, the 72-year-old secured 57% of the vote, strengthening the ruling SWAPO party’s 34-year hold on power since the country’s independence in 1990.
Nandi-Ndaitwah, who served as vice president before her election, described her victory as a mandate for “peace and stability.” However, opposition parties continue to contest the results, citing irregularities, including ballot paper shortages and prolonged delays during the voting process. Critics argue these issues undermined the credibility of the election.
Panduleni Itula, the main opposition candidate from the Independent Patriots for Change (IPC), secured 25.5% of the vote and vowed to challenge the results in court, calling the elections “unfair” and violating the rule of law.
Read the original article here: https://www.msn.com/en-in/news/India/namibia-elects-vp-nandi-ndaitwah-as-country-s-first-female-president/ar-AA1ve7Ho?ocid=BingNewsVerp
BitFuFu stock soars after securing a fleet of 80,000 miners from Bitmain: Retail remains unconvinced
Bitcoin mining firm BitFuFu Inc. (FUFU) saw its stock surge over 9% recently following the announcement of a two-year framework agreement with Bitmain, the leading cryptocurrency mining hardware manufacturer. The deal includes 80,000 Antminer S units, featuring advanced S21 XP and S21 Pro models with superior hash rates.
The agreement allows BitFuFu to purchase the units in batches over two years, enabling the company to scale its operations strategically while remaining adaptable to market conditions. This marks a significant step in BitFuFu’s shift from an asset-light strategy to a hybrid infrastructure approach.
BitFuFu plans to deploy the miners to enhance its self-mining operations and cloud mining services. It targets expanding its global mining infrastructure by adding 1 gigawatt (GW) in capacity by 2026. In recent developments, BitFuFu revealed plans to expand its U.S. mining operations under a 10-year lease agreement. The company currently holds 1,664 Bitcoin in its treasury, valued at around $160 million.
Read the original article here: https://www.msn.com/en-in/money/topstories/bitfufu-stock-soars-after-securing-a-fleet-of-80-000-miners-from-bitmain-retail-remains-unconvinced/ar-AA1wRWPs?ocid=msedgntphdr&cvid=85e7b761877e41b1beaf98b5dbdb91b3&ei=16
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