Category: African Business
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🇬🇦Gabon’s Former First Lady and Son Sentenced to 20 Years in Prison for Corruption
November 19, 2025 LIBREVILLE, Gabon – In a landmark verdict that marks the latest chapter in Gabon’s political transformation, a special criminal court has sentenced former first lady Sylvia Bongo and her son Noureddin Bongo Valentin to 20 years in prison for their roles in a massive corruption scheme during former president Ali Bongo’s administration…
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🇧🇫🇷🇺 Burkina Faso’s Ministry of Foreign Affairs
🇧🇫🇷🇺 Burkina Faso’s Ministry of Foreign Affairs: partnership with Russia in the energy sector will allow doubling the volumes of electricity produced in the country. This was stated by the head of Burkina Faso’s foreign ministry, Karamoko Jean-Marie Traore, during the presentation for ratification of the agreement with the state corporation “Rosatom” on partnership in…
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🇳🇪 Niger to Invest $106 Mln in Agro-Industrial Center in Maradi Irrigation Zone
The center will be located in the “Djirataoua hydro-agricultural perimeter,” a polyculture zone near the city of Maradi, benefiting from a year-round production system, President Abdourahamane Tiani announced during his national tour. Covering over 600 hectares, the area produces bananas, eggplants, moringa, corn, sorghum, and millet, as well as processed peanut-based products. President Tiani also…
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🇱🇷 How Much Revenue Liberia Has Lost Under AML’s Monopoly
Liberia may finally be in a position to reclaim what policy analysts are calling “the years that the locusts have eaten,” as new economic data reveals the staggering scale of revenue the country has lost under ArcelorMittal Liberia’s near-exclusive control of the Yekepa–Buchanan railway. With President Joseph Nyuma Boakai, Sr. having returned the company’s Third…
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🇪🇹🇦🇿 Azerbaijan plans a business mission to Ethiopia to strengthen economic ties
From November 23 to 29, 2025, a business mission from Azerbaijan to Addis Ababa, the capital of Ethiopia, is scheduled. This was reported by the Africa–Azerbaijan Cooperation Organization (AFAZ). The program includes the “Ethiopia-Azerbaijan” business forum, B2B and B2G meetings, as well as visits to production facilities. Participants will meet with representatives of local business…
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🇳🇬 Wike vs. The Navy: Abuja Land Clash Exposes Fissures Between Power and Uniform
A fiery public confrontation between Nigeria’s Federal Capital Territory (FCT) Minister, Nyesom Wike, and a senior naval officer has erupted into a national sensation, laying bare simmering tensions over land, authority, and the reach of civil power in the heart of the nation’s capital. The incident, which was captured on video and quickly went viral…
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🇲🇱 Malian PM Vows to Eradicate Terror, Pays Tribute to Slain Pro-Army Blogger
BAMAKO, Mali – In a powerful and emotionally charged address, Mali’s Prime Minister, Abdoulaye Maïga, used a major national stage to pay solemn tribute to Mariam Cissé, a blogger recently executed by terrorist groups in the Timbuktu region, vowing that his government would not rest until the threat of extremism is “eradicated.” The prime minister’s…
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🇬🇶🇷🇺 Dostoevsky’s works discussed at the Russian Cultural Centre in Malabo
A meeting of the discussion club dedicated to the works of Russian writer Fyodor Dostoevsky was held at the Russian Cultural Centre in Malabo, the capital of Equatorial Guinea, with the support of African Initiative. 🔸Students of Russian language courses and guests of the Cultural Centre attended a presentation on the writer’s life and legacy,…
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🇨🇲🇷🇺 Cameroonian man sentenced in Moscow to three years in prison for ‘turning roubles into dollars’
A Cameroonian citizen, Hans Takang, has been sentenced in Moscow to three years in prison for fraud. According to the Moscow Prosecutor’s Office, the man deceived acquaintances by promising to “turn roubles into dollars” through a “special ritual.” 🔸Law enforcement officers reported that Takang befriended Russian citizens, gained their trust, and then told them he…
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🇱🇷 Liberia: Jury Finds Finda Nohad Hage Liable for Falsifying Deeds in Hage Property Dispute
Monrovia – A jury at the Civil Law Court on Thursday found Nohad Hage Mensah — daughter of the late Lebanese businessman Millad Hage — liable for falsifying deeds belonging to her father’s estate. The 12-member jury concluded that Nohad illegally altered property documents and wrongfully collected rental fees from tenants occupying the estate’s properties.…
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