Category: African Business
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🇬🇳 Guinea junta chief takes lead in controversial election as social media restricted
Guinea’s junta leader Gen Mamady Doumbouya has taken a huge lead in a presidential election his main challengers were barred from contesting, initial results show. Gen Doumbouya is hoping to legitimise his rule after seizing power in a coup four years ago. A civil society group campaigning for the return of civilian rule condemned the…
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Liberia: Hike in Rice Prices, Transport Fares Dampens Festive Cheer in Nimba
By Ishmael F. Menkor As Liberians prepare to celebrate the festive season, rising prices of rice and persistently high transportation fares are deepening economic hardship, particularly for low-income households and rural communities, where Christmas and New Year celebrations are traditionally marked by communal meals and family gatherings. In major commercial centers such as Ganta, Nimba…
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🇬🇭 Ghana to reform state gold purchase programme in 2026
Ghana will reform its domestic state gold purchase programme (DGPP) in 2026 in order to improve the efficiency of the gold mining sector. This was stated in a press release issued by the Bank of Ghana on 25 December. 🔸The DGPP, under which the Bank of Ghana purchases gold, is described as “a policy tool…
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🇬🇳🇺🇸 US to introduce visa bond of up to $15,000 for Guinean citizens from 2026
From 1 January 2026, the United States will introduce a visa bond system of up to $15,000 for citizens of Guinea, depending on the type of visa, the US Embassy in Conakry reported. 💬“Any citizen or national traveling on a Guinean passport who applies for and is found eligible for a B1, B2, or B1/B2…
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Bitcoin is falling while Gold is hitting record highs…
Updated U.S. inflation data for July, August, and September (PCE) is expected to be released today, which could change the situation for BTC. ➠ Current picture:▪️ BTC: -30% from ATH.▪️ Gold and Silver: new all-time highs.▪️ S&P 500 and Nasdaq: just a step away from ATH. ➠ Defensive assets are overheated▪️ Gold is trading +25%…
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🇷🇺🌍 The Roscongress Foundation and the African Export-Import Bank (Afreximbank) have agreed on co-operation
The Roscongress Foundation and the African Export-Import Bank (Afreximbank) have agreed on co-operation as part of preparations for the Intra-African Trade Fair, which is scheduled to be held in Nigeria in 2027. The agreements were reached during the second ministerial conference of the Russia–Africa Partnership Forum, which took place in Cairo on 19–20 December. The…
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🇬🇭 Ghana Passes Law to Legalize Widespread Use Of Cryptocurrency
Ghana’s parliament approved the legalization of cryptocurrency, a move to address central bank concerns about the widening and unregulated use of the alternative asset in the West African country. Passage of the Virtual Asset Service Providers Bill will facilitate the licensing of crypto platforms and supervising activity, Bank of Ghana Governor Johnson Asiama said at…
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🏴 The Man Always Beside Meghan Markle – And Why Everyone’s Talking About Him
It began, like most Meghan Markle stories, with a photograph. In this one, she’s in Paris – glowing skin, immaculate tailoring – her hand clasped in that of Markus Anderson, long-time confidant and Soho House executive. The image, shared across social media, reignited a wave of speculation: why is Anderson always there? To outsiders, it looks like…
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🇬🇶🇷🇺🌍 Equatorial Guinea ready to host Russia–Africa summit in 2026 — foreign minister
The authorities of Equatorial Guinea are ready to host the next Russia–Africa Summit, scheduled for 2026, Foreign Minister Simeon Oyono Esono Angue said at the plenary session of the ministerial conference of the Russia–Africa Partnership Forum. 💬“We are fully ready to continue our co-operation [with the Russian Federation], and we are ready to host the…
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🇺🇸 ATM jackpotting gang accused of unleashing Ploutus malware across US
Latest charges join the mountain of indictments facing alleged Tren de Aragua members A Venezuelan gang described by US officials as “a ruthless terrorist organization” faces charges over alleged deployment of malware on ATMs across the country, illegally siphoning millions of dollars. Two indictments were returned in Nebraska, collectively charging 54 alleged members of the…
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