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Showing posts with the label Africa

Kenya Discover Gold mine worth 5.3 Billion USD .

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 www.arzeeka.com , 17/11/2025,  ✨ Gold Rush 2.0: Kenya Strikes it Rich with a $5.3 Billion Discovery! - Reported by Muhammed Gambo. Hey everyone! Get ready for a massive economic game-changer. News broke this week that Kenya is sitting on its largest gold deposit in decades, and it’s valued at a staggering Sh683 billion (about US$5.29 billion!) in Kakamega County. Gold Mine This isn't just a small find; it's a monumental discovery that could reshape Kenya's economy and put it firmly on the global mining map. ⛏️ The New Frontier: Kakamega's Golden Future For years, Kenya has played a minor role in the African gold story, producing a modest 410 kilograms in 2023. We’ve been a small-time player compared to giants like Ghana or South Africa. But that is all about to change! The discovery, spearheaded by British miner Shanta Gold Kenya Limited , has confirmed an impressive 1.27 million ounces of gold at their Isulu-Bushiangala underground project. This isn't artisanal ...

The Dangote Oil Refinery, Largest Refinery in Africais expected to hit a substantial stumbling block.

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Regarding the production of gasoline, the Dangote Oil Refinery is expected to hit a substantial stumbling block. Aliko Dangote, MD CEO, Dangote Refinery  The Dangote Oil Refinery is experiencing production challenges due to a technical problem in its gasoline production unit. The gasoline unit has reported catalyst leaks and other issues, leading to the potential shutdown of operations for up to two weeks. The refinery had earlier expanded its capacity to 610,000 barrels per day and contributed significantly to Nigeria's oil export capabilities. The temporary closure of the gasoline unit is affecting regional supply, with increased profit margins for other refiners in the Atlantic Basin. The unit of the refinery designed for gasoline production is reportedly going offline due to damage within the facility. Sources close to the development have disclosed that there have been catalyst leaks and other problems in the gasoline unit, and as a result, the refinery may encounter the same ...

China wants to redefine the skies with a hypersonic aircraft

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  China wants to redefine the skies with a hypersonic aircraft!  The Chinese company Lingkong Tianxing Technology has unveiled a bold project: a hypersonic demonstrator capable of exceeding 5,000 km/h. Called Cuantianhou ("flying monkey"), the prototype will be 7 meters long, weigh about 1.5 tons, and will be powered by a revolutionary engine: the Jindou-400S, which combines a rotary detonation, compressor, and ramjet in a system weighing just 100 kg, but with enough power to generate 4,000 newtons of thrust. This will allow it to reach speeds close to Mach 4.2—almost 5 times faster than a commercial aircraft. The flight will begin with a rocket launch to an altitude of 20 km, from where it will continue autonomously through the upper atmosphere, between 20 and 100 km above sea level. The first tests are scheduled for 2026, and the goal is even more ambitious: by 2030, launch the commercial version Dasheng ("Monkey King"), capable of shortening intercontinental trip...

Top Ten African Countries with Strongest Currencies

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  Here are 10 of the strongest African currencies ranked by their value against the US dollar. Please note that these values fluctuate frequently due to market conditions. 1. Tunisian Dinar (TND) : Approximately 1 TND = $0.34 USD 2. Libyan Dinar (LYD) : Approximately 1 LYD = $0.18 USD 3. Moroccan Dirham (MAD) : Approximately 1 MAD = $0.11 USD 4. Ghanaian Cedi (GHS) : Approximately 1 GHS = $0.084 USD 5. Botswana Pula (BWP) : Approximately 1 BWP = $0.070 USD 6. Seychellois Rupee (SCR) : Approximately 1 SCR = $0.068 USD 7. Eritrean Nakfa (ERN) : Approximately 1 ERN = $0.067 USD 8. Namibian Dollar (NAD) : Approximately 1 NAD = $0.057 USD 9. Lesotho Loti (LSL) : Approximately 1 LSL = $0.057 USD 10. South African Rand (ZAR) : Approximately 1 ZAR = $0.057 USD.    According to this report Tunisian Currency is the highest Ranking Currency in Africa . Muhammed Gambo