Commonwealth News
Gabon’s junta gets direct access to $620 million timber industry
Gabon’s military junta has assumed full control of the country’s national timber company, Société Nationale des Bois du Gabon, taking over from the Gabon Special Economic Zone, which was jointly managed by Dubai-based Arise IIP and the Gabonese government. This move...
Ghana approves visa‑free travel for all African passport holders
Ghana's outgoing President Nana Akufo-Addo, in his final State of the Nation Address on 5 January, announced a landmark visa-free travel policy for all African passport holders, effective from the start of 2024. The initiative, aimed at enhancing trade, tourism, and...
Namibia elects VP Nandi-Ndaitwah as country’s first female president
Netumbo Nandi-Ndaitwah will officially assume office as Namibia’s first female president, a historic milestone following her election last month. According to Namibia's electoral commission, the 72-year-old secured 57% of the vote, strengthening the ruling SWAPO...
BitFuFu stock soars after securing a fleet of 80,000 miners from Bitmain: Retail remains unconvinced
Bitcoin mining firm BitFuFu Inc. (FUFU) saw its stock surge over 9% recently following the announcement of a two-year framework agreement with Bitmain, the leading cryptocurrency mining hardware manufacturer. The deal includes 80,000 Antminer S units, featuring...
Film producer Vipul Shah’s Sunshine Pictures files for IPO to raise funds
Renowned Indian production house Sunshine Pictures Ltd, led by film and television producer-director Vipul Shah, has filed draft papers with the Securities and Exchange Board of India for an Initial Public Offering (IPO). The IPO includes a fresh issue of 50 lakh...
The 100 Most Influential Africans of 2024 announced
The New African magazine has unveiled its annual list of the 100 Most Influential Africans, honouring leaders, innovators, and changemakers across diverse fields. The 2024 highlights include advancements in Artificial Intelligence, with experts like Abeba Birhane...