US Investigates Hedge Fund, Och-Ziff’s Link To $100 Million Loan To Mugabe ‘2008 Terror Fund’

US Investigates Hedge Fund, Och-Ziff’s Link To $100 Million Loan To Mugabe ‘2008 Terror Fund’

U.S. authorities are investigating whether a multi-billion-dollar American firm knew that part of its $150 million investment in a small African miner would wind up in the hands of President Robert Mugabe’s government. Global alternative asset management firm, Och-Ziff Capital Management Group LLC, invested $150 million in Central African Mining & Exploration Company, or Camec, in 2008. $100 million of the cash was then handed to the Mugabe regime through Billy Rautenbach, a Zimbabwean businessman…

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US Government To Build New ($199 million) Embassy Compound In The Bluff Hill Area

US Government To Build New ($199 million)  Embassy Compound  In The Bluff Hill Area

THE US government will this year begin the construction of a new Embassy compound in Harare valued at $199 million. This comes after the Department of State Bureau of Overseas Buildings Operations (OBO) awarded a tender to B.L. Harbert, International of Birmingham, Alabama for the construction work. The new Embassy will be located on a 16.5-acre site in the Bluff Hill area. The complex will include an office building and associated support facilities. US ambassador…

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‘Mugabe Is Unmoved By Obama Snub’-Mugabe’s spokesperson ‘George Charamba’

‘Mugabe Is Unmoved  By Obama Snub’-Mugabe’s spokesperson ‘George Charamba’

President Robert Mugabe’s spokesperson has reportedly described President Barack Obama’s visit to the African Union (AU) headquarters as “just a visit by another visitor”. George Charamba said this after Mugabe, who is the current AU chairperson was excluded from meeting Obama during his visit at the AU headquarters in Addis Ababa, Ethiopia on Tuesday. Mugabe also chairs the Southern African Development Community (SADC). Charamba said Mugabe was “unmoved” by Obama’s visit to the AU headquarters,…

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Obama Urges African Union “Nobody Should Be President For Life”

Obama Urges  African Union  “Nobody Should Be President For Life”

Judging by the applause at the African Union headquarters, Barack Obama hit a chord when he took aim at the continent’s ‘Big Men’, telling them they should quit when their time was up – especially since most have the cash to retire comfortably. In joining African reformists who demand term limits be observed, the U.S. president was lining up squarely against entrenched leaders from Congo Republic to Rwanda and Burundi who are intent on extending their…

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‘Obama Becomes First US Leader To Address African Union’-Surprise-Mugabe A.W.O.L!

‘Obama Becomes First US Leader To Address African Union’-Surprise-Mugabe  A.W.O.L!

US President Barack Obama is addressing the African Union (AU) in Ethiopia’s capital Addis Ababa, on the last day of his trip to East Africa. He is the first US leader to deliver a speech at the 54-member body, with security and action against terrorism likely to dominate the agenda. Welcoming him, AU commission head Nkosazana Dlamini-Zuma said that “we claim you as one of our own”. This AU address marks the climax of Mr…

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‘Air Force One Has Now Landed At Addis Ababa’s International Airport’

Addis Ababa (AFP) – US President Barack Obama landed in Ethiopia on Sunday, beginning a two-day stay and becoming the first American leader to visit Africa’s second most populous nation. Air Force One touched down at Addis Ababa’s international airport after a short flight north from the Kenyan capital Nairobi. The president was greeted by Ethiopian Prime Minister Hailemariam Desalegn before the 25-car convoy left for the US embassy. The visit will include talks with…

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‘Obama Calls For Gay Rights In Africa And Challenges Kenya Over Corruption’

US President Barack Obama on Saturday called for gay rights in Africa during his landmark visit to Kenya, comparing homophobia to racial discrimination he had encountered in the United States. Obama arrived in Kenya on Friday, his first visit as president to his father’s birthplace and the first to the East African nation by a serving US leader. “I’ve been consistent all across Africa on this. When you start treating people differently, because they’re different, that’s…

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Obama Welcomed By Step Sister ‘Auma Obama’ To Kenya,

Obama Welcomed By Step Sister ‘Auma Obama’ To Kenya,

US President Barack Obama has arrived in Kenya – his father’s homeland – on a trip that will also include a stop in the Ethiopian capital, and a visit to the home of the African Union. Obama landed in the Kenyan capital, Nairobi, on Friday and was welcomed at the airport by the Kenyan President Uhuru Kenyatta. He later dined with his step grandmother, his sister and other extended family members. At least 10,000 police…

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Obama Attends Private Dinner In Nairobi With Step-grandmother & Kenyan Family

Obama Attends Private Dinner In Nairobi With Step-grandmother & Kenyan Family

  US President Barack Obama has arrived in Kenya on a trip that will also include a stop in the Ethiopian capital, and a visit to the home of the African Union. Obama landed in the Kenyan capital, Nairobi, on Friday, and was greeted by Kenyan President Uhuru Kenyatta with a handshake and embrace as he stepped off Air Force One. The president’s half-sister Auma was also on the tarmac to welcome him and travel…

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