HOW THE FORTUNE OF A NATION CHANGES OVER NIGHT WITH SERIOUS LEADERSHIP:
BURKINA FASO 🇧🇫 WILL GENERATE $20 BILLION ANNUALLY FROM THE GOLD REFINERY, THAT IS THE EQUIVALENT OF ABOUT TWO THIRDS THE SIZE OF BURKINA FASO's entire $32 Billion Economy. That fellow Africans, is just huge.
As reported in my previous posts, Burkina Faso has officially inaugurated RAFFINOR-BF, its first gold refinery, in Ouagadougou.
The facility can refine 400 kg of gold every day , about 150 tonnes a year , to a purity of 99.99%.
At current gold prices, processing 150 tonnes annually represents roughly $20 billion worth of gold at full capacity.
The complex also includes a gold foundry, laboratory, secure storage facilities and a jewelry production unit.
A second refinery under construction is expected to push total capacity to 515 tonnes per year.
The goal is clear: refine Burkina Faso’s gold at home, create more value locally, and keep more of the wealth generated by its natural resources inside the country. 🇧🇫
Burkina Faso is not far from becoming the second biggest economy in West Africa, before the end of this decade.
🇿🇦 Benni McCarthy, the Head Coach of Kenya 🇰🇪 says him and some of his staff don't live in the country because they don't have work permits.
He isn't able to attend local games to watch Players he can potentially call up to the National Team.
He says he leaves immediately the camp is finished because he can't work as an illegal immigrant.
Your grandparents planned road trips like military operations. Ask them. For thirty years, Black families could not drive across America without a guidebook telling them which towns would kill them.
A postal worker in Harlem wrote it. The Negro Motorist Green Book.
Victor Hugo Green started it in 1936 as a list of places in New York that would serve Black customers. Within a few years it covered the country, then Bermuda, Mexico and Canada.
What it actually was, beneath the cheerful cover: a survival manual. Which garages would sell you petrol. Which hotels would give you a room.
Which restaurants had a back window. Which towns you had to be out of before the sun went down.
He built it from letters sent in by Black postal workers across the country — a network of people who knew every route in America and had all driven them.
At its height it was used by around two million people a year.
Families packed food for the whole journey because they could not rely on being served. Children were told to use the bathroom before leaving because there might not be another chance for three hundred miles.
Green wrote in an early edition that there would come a day when the guide would no longer be needed, and that this was the day he was working toward.
The last edition came out in 1967, three years after the Civil Rights Act. He did not live to see it. He died in 1960.
Burkina Faso inaugurated its first-ever gold refinery, with President Ibrahim Traore saying the country wanted to process its mineral resources locally and take control of the entire value chain
Since its launch, SHA has been met with a barrage of criticism for setting unaffordable or incomprehensible premiums. The AI income predictor systematically overcharged those who could least afford it while undercharging the well-off.
Africa Uncensored, in collaboration with the investigative newsroom @LHreports and @guardian, has spent months trying to find out why. For the first time, we reveal the technology and the politics behind Kenya’s AI experiment.
Read the full report now on: https://t.co/oRjB03LmMr
BRIEF ON TODAY’S PROCEEDINGS IN THE ODIOUS DEBT PETITION AT MILIMANI HIGH COURT
This morning, the Milimani High Court did not hear the substantive Odious Debt Petition. Instead, the matter was adjourned to allow the Court to address multiple interlocutory applications seeking either to dismiss the petition unheard or to strike out some parties from the suit.
The key applications before the Court are as follows:
1) The Attorney General argues that, because the Government has directed the Auditor‑General to conduct a special audit of Kenya’s huge odious debt stock, the petition is premature and the Court lacks jurisdiction to entertain it at this stage. The AG therefore contends that the Court should await the outcome of that audit. The National Assembly supports the AG’s position.
2) The @IMFNews seeks to exit the case, invoking immunity under a treaty it signed with Kenya in 1963, which grants it absolute immunity before Kenyan courts.
3) The Former Auditor General Edward Ouk and the former Controller of Budget Agnes Odhiambo claim personal immunity, asserting that they acted in good faith during their tenure and therefore cannot be held accountable for any shortcomings.
4) The Current Auditor General FCPA Nancy Gathungu, CBS, and the current Controller of Budget Dr. Margaret Nyakang’o maintain that they cannot be sued in their personal capacities; only their respective independent constitutional offices may be parties to the suit.
Although the petitioners had fully responded to all the applications and were ready to proceed, the @IMFAfrica and other parties stated that they were not ready and requested seven days to respond to the petitioners’ rebuttals of their applications.
The Court then directed that all parties wishing to file any responses (replying affidavits and/or submissions) do so within seven days of today. The Court will thereafter peruse the documents and render its ruling on the applications on 25th June 2026.
To fast‑track the matter, the Court will deliver its ruling on the applications without orally hearing the parties. There will be no highlighting of submissions.
If any of the parties are struck out, they will be dropped from the case, and it may become necessary to amend the petition before it is heard on the merits.
Finally, if the AG’s application to strike out the case unheard is dismissed, the petition will proceed to be heard and determined on the merits. If the application succeeds, the matter will end there.
The petitioners are fully prepared and are doing everything possible to succeed in this epic battle against Kenya’s huge odious debt stock. Kenyan taxpayers deserve accountability and fiscal justice. We shall not relent. The petitioners will not be the first to blink. #ReKe #DeniBandia #OdiousDebtKenya
This guy literally hacked Polymarket with a hair dryer 💀
Happened in Paris.
On Polymarket, temperature bets were settled using a single sensor near Charles de Gaulle Airport.
He figured out the exact location, showed up in person, and placed a bet on an “impossible” outcome 22°C when the market expected 18°C.
Then he pulled out a hair dryer and heated the sensor.
The artificial spike got recorded as the daily high → market settled → he cashed out.
Did it twice.
Walked away with ~$34K.
While everyone’s arguing over indicators and alpha, this guy is out here doing IRL market manipulation.
In The Standard today:
— Substandard fuel from the MT Paloma cargo (43ppm sulphur vs 10ppm limit) entered the Kenya Pipeline system, was blended with existing stock, and then released into the market, making it effectively impossible to isolate or withdraw.
— Documents show One Petroleum Limited had already billed oil marketers KES 8.08B for the ~60,200MT cargo, issuing 57 invoices on March 28, before any public rejection of the shipment.
— The billing covered major marketers including Vivo Energy Kenya (>KES 2.24B), TotalEnergies Marketing Kenya (>KES 1.85B), and Rubis Energy Kenya (>KES 1.21B), indicating the cargo had already been allocated across the market.
— In effect, the fuel was sold and distributed before regulators intervened, with blending ensuring it was absorbed into the system rather than rejected or disposed of as the Energy CS had said
Touchdown in Nairobi 🛬
The 2nd leg of the #ContinentalTourGold lands in the Kenyan capital 🇰🇪
Here’s everything you need to know including where to watch all the action live 👉 https://t.co/suEj8vvsum
The Auditor General has flagged the United Democratic Alliance (UDA) party for failing to deduct PAYE, SHIF, NSSF, and the housing levy from employees’ pay as required by law over the last 2 years.
Further, the party did not remit withholding tax deducted from suppliers to KRA.