Faith Nyasuguta Ghana, Africa’s leading gold producer, is reportedly losing over $11 billion due to large-scale gold smuggling, much of it ending up in the United Arab Emirates (UAE), according to a bombshell report by Swissaid, a Swiss nonprofit. The report has raised fresh concerns about how deeply illegal mining and porous trade routes are […]
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Faith Nyasuguta U.S. President Donald Trump has opened the waitlist for a controversial $5 million immigration programme dubbed the “Gold Card,” claiming over 15,000 people around the world have already shown interest. In a post on his Truth Social platform on June 12, Trump announced that signups were live, directing users to TrumpCard.gov. The site […]
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Faith Nyasuguta In a bold move to deepen diplomatic and cultural ties with Africa, Denmark has unveiled a multi-million dollar education programme aimed at drawing hundreds of African students to its universities annually. The initiative is part of a broader Africa strategy that blends soft power, education diplomacy, and long-term geopolitical influence. Denmark is set […]
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Faith Nyasuguta Dangote Petroleum Refinery is gearing up to launch a nationwide fuel distribution programme on 15 August 2025, targeting a major upgrade of Nigeria’s downstream petroleum sector. The initiative will deliver both petrol (Premium Motor Spirit) and diesel to a wide range of users – fuel stations, manufacturers, telecom firms, aviation services, and other […]
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Faith Nyasuguta In a stunning medical first, a baby boy known as KJ has become the first person in the world to be successfully treated with a personalized CRISPR gene-editing therapy – a custom-built medical treatment that edits faulty genes in the body to fix the root cause of a disease. This groundbreaking procedure was […]
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Faith Nyasuguta The African Development Bank (AfDB) has approved a major financing package of $184.1 million to support Egypt’s Obelisk solar project- destined to become Africa’s largest solar photovoltaic (PV) power plant with an integrated 200 MWh battery storage system. The funding was approved by the bank’s Board on June 11, 2025, marking a milestone […]
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Faith Nyasuguta Burkina Faso has officially handed over five major gold mining assets to its state-owned mining company, SOPAMIB, marking a bold advancement in the country’s drive for greater sovereignty over its natural resources. The transfer, confirmed through a decree published late Wednesday, concludes a process initiated in August 2023. It also complements sweeping reforms […]
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Faith Nyasuguta In a landmark trade announcement, China has pledged to remove all import tariffs on goods from 53 African countries, excluding Eswatini, the only African nation without diplomatic ties to Beijing. This sweeping policy shift was announced on June 12, 2025, during the China-Africa Economic and Trade Expo in Changsha, and is seen as […]
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Faith Nyasuguta The European Commission has recently updated its high-risk third-country list, adding Kenya, Algeria, Angola, Cote d’Ivoire, Lebanon, Monaco, Namibia, Nepal, and Venezuela to jurisdictions flagged for strategic weaknesses in anti-money laundering (AML) and counter-terrorist financing (CFT) systems. The move, aligned with the Financial Action Task Force’s “grey list,” reflects ongoing global scrutiny of […]
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Faith Nyasuguta Africa’s richest man, Aliko Dangote, is set to step down as Chairman of Dangote Sugar Refinery Plc on June 16, 2025, bringing to an end over 20 years of leadership at one of Nigeria’s most successful and influential food companies. The announcement was made in a statement released by the company’s secretary, Temitope […]
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