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Showing posts from September 3, 2026

Africa Launches Own Rating Agency to Rewrite the Continent’s Money Story

A frica is about to judge its own money matters, and it could make life easier for millions of people. On October 7, 2026, the African Union will officially launch the African Credit Rating Agency in Port Louis, Mauritius. The new agency will be in charge of rating how strong African countries and companies are financially. For years, African governments have complained about how they are rated by big foreign companies like Fitch, Moody’s and S&P.  Here is the problem explained; When a country wants to borrow money, these companies give it a “score.” If the score is low, the country has to pay higher interest. African leaders say these foreign firms don’t fully understand Africa, so they give low scores too quickly. That means African countries pay more to borrow. The AU calls this an unfair “risk penalty.” And when a country pays more to borrow, there’s less money left for things people need like schools, hospitals, and roads. That’s why the AU is creating AfCRA. The idea is s...

Real Madrid’s Mbappe Named in Alleged Plan Discovered in French Jail

F rench police say they have stopped a kidnapping plan that named Real Madrid star Kylian Mbappe and 25 other well-known people as targets. The person at the center of the case is an 18-year-old identified only as Clement L. Investigators say he was trying to direct the plot from inside prison using two phones that were smuggled in. How Police Found Out  During a regular search, prison officers took two mobile phones from Clement L. On those phones, detectives found a list with names, pictures and home addresses of 26 people. According to Le Parisien , the list included footballers, musicians, business owners, jewellers and other wealthy individuals. Mbappe was named on it. A source involved in the investigation told the paper the contents were “highly revealing.” The source added: “He also wanted to go after a rapper and the footballer Kylian Mbappe.” Background on the Suspect Clement L was already being held by authorities before this case came up. He was facing separate charges ...

Ogun Couple Found Dead Days Apart After Reported Domestic Clash

S hock has gripped the Akinode/Ibogun community in Ogun State following the deaths of a Celestial Church evangelist, Abidemi Odukoya, and his wife, Adenike, who died separately within a week after a reported fight at their home. The incident occurred in the early hours of Monday, August 25. Residents said the couple got into a serious argument that turned violent. During the clash, Adenike was badly hurt and fell unconscious. Her husband was said to have left the house afterward. A former chairman of the Community Development Association, Adejimi Olawumi, told community members he was alerted around 1am by shouts from neighbors.   “When I came out, one of the children, Daniel, said it was his parents,” Olawumi said in a video circulating online. “We entered the house and found the wife in a pool of blood. We could not get a vehicle to rush her to hospital on time.” According to him, Daniel said he was in another room and did not see what happened. As residents gathered, they r...