WESTERN COUNTRIES INCREASE SUPPORT FOR SLAVERY REPARATIONS, GHANA SAYS. (PHOTO).

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 Western countries increase support for slavery reparations, Ghana says Ghana, which has led a campaign for reparations for the nearly four-century-long trans-Atlantic slave trade, said on Wednesday that support ​is growing among Western countries for the effort. The campaign's first focus is ‌on restitution of looted artifacts, Ghanaian Foreign Minister Samuel Okudzeto Ablakwa told an event on reparatory justice co-hosted by Ghana, Germany and France on the sidelines of the UN General ​Assembly on Wednesday. Later stages could include formal apologies, debt relief and ​financial compensation under a 19-point plan adopted by the African Union ⁠and the Caribbean Community Commission on Reparatory Justice at a conference in Ghana ​in June. The UN passed a resolution in March recognizing trans-Atlantic slavery as "the gravest ​crime against humanity" with 123 votes in favor and three — from the US, Israel and Argentina — against. Fifty-two other countries, including European...

U.S CHALLENGES CHINESE CONTROL IN RACE FOR AFRICAN MINERALS. (PHOTO).


 U.S challenges Chinese control in race for African minerals


Mali will create a state-owned company to manage holdings in mining companies, according to a statement released by the council of ministers.


Other resource-producing countries in West Africa such as Niger and Guinea have been managing their assets through similar state-owned mechanisms.


The company Sopamim, whose capital is fully owned by the state, will acquire and manage Mali's holdings, according to the statement released, Reuters reported.


The West African country is one of Africa's largest gold producers, with mining companies including Barrick Gold, B2GOLD, Resolute Mining, Endeavour Mining and Hummingbird Resources active in the gold-rich western and southern regions.


In 2022, Mali created another state-owned company called Sorem with the aim to explore and develop mineral resources.


Mali's military rulers introduced a new mining code in 2023, expanding state and local ownership of mines to at least 35% from 20%.


The new code also increased tax collection, helping to push up state revenues from gold mining companies by 52.5% in 2024.


Last month, Mali named a former Barrick executive as special adviser to the presidency who will oversee the mining sector.

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