Tag: mineral wealth
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π¬π³ Guinea Trades Minerals for Military Vehicles Amidst Rising Security Concerns
Guinea’s military government has struck a controversial deal with the UAE-based Streit Group, trading its valuable mineral resources for dozens of armored vehicles in a contract worth approximately $156 million. This strategic move, announced in June 2023, highlights the growing financial strain on the West African nation, as well as the increasing security challenges it…
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Congolese Authorities Arrest Chinese Nationals Smuggling Gold and Cash in South Kivu
Congolese security forces made a significant arrest on Saturday, January 5, 2025, when three Chinese nationals were apprehended with 12 gold bars and $800,000 in cash in Walungu territory, South Kivu Province, near the Rwandan border. According to reports from 7 Sur 7, the individuals were traveling in an SUV when they were intercepted by…
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