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Death of Miners in South Africa a Government Failure

Death of Miners in South Africa a Government Failure

87 Miners Die in Abandoned Mineshaft Rights groups are criticizing South Africa’s government for failing to prevent what they call a “massacre” at the Buffelsfontein mine, after security officials cut off food, water, and other essential supplies to miners trapped underground and delayed a rescue operation. On January 16, 246 miners were rescued from an […]

The 2nd Africa Fintech Forum 2025: Shaping The Future Of Financial Services In Africa

The 2nd Africa Fintech Forum 2025: Shaping The Future Of Financial Services In Africa

The 2nd Africa Fintech Forum returns on February 19, 2025, in Johannesburg, South Africa. Supported by the Financial Sector Conduct Authority (FSCA), this premier event champions South Africa’s fintech vision and serves as a driving force to position the nation as the regional leader in adopting digital technologies within the finance sector, fostering innovation, collaboration, […]

USAID Announces Additional USD $9.95M To Support African Seed Action Plan Through CESSA

USAID Announces Additional USD .95M To Support African Seed Action Plan Through CESSA

In line with the African Union (AU) Extraordinary Summit on the Comprehensive Africa Agriculture Development Programme (CAADP), hosted by the Government of Uganda in Kampala, USAID announced a significant contribution of up to USD $9.95M towards strengthening the Centre of Excellence for Seed Systems in Africa (CESSA) to support the building of functional seed systems […]

Africa’s Economic Growth Hinges on Stronger Public Sector Governance

Africa’s Economic Growth Hinges on Stronger Public Sector Governance

Africa’s economic struggles persist despite efforts to attract foreign investment, largely due to weak corporate governance in the public sector. Unlike private businesses, where accountability drives performance, many African governments lack mechanisms for strategy, risk management, and transparency. Public offices are often seen as tools for political patronage rather than governance, fostering corruption and “performative […]

Nigeria Begins Exporting to Kenya Under Key African Trade Agreement

Nigeria Begins Exporting to Kenya Under Key African Trade Agreement

Nigeria has successfully shipped its first export to Kenya under the African Continental Free Trade Area (AfCFTA), marking a significant milestone in Africa’s ambitious trade integration effort. The shipment, comprising synthetic filaments from Lucky Fibres Limited (Lush), was coordinated by Nigeria’s AfCFTA Coordination Office in line with an African Union directive. According to Olusegun Olutayo, […]

Zimbabwe Bets on Lithium Price Recovery to Justify $270M Project

Zimbabwe Bets on Lithium Price Recovery to Justify 0M Project

Zimbabwe’s Kuvimba Mining House is set to finalize a $270 million lithium project deal with two Chinese companies this month, despite recent lithium price declines. The deal involves building a 600,000 metric-ton-per-year lithium concentrator in Sandawana, Zimbabwe. Kuvimba Mining’s CEO, Trevor Barnard, revealed that the decision is based on projections that lithium prices will recover. […]

Mozambique’s Venâncio Mondlane Open to Inclusive Government Talks

Mozambique’s Venâncio Mondlane Open to Inclusive Government Talks

Mozambique’s opposition leader Venâncio Mondlane has expressed willingness to join President Daniel Chapo’s government if key demands to resolve the country’s political crisis are met. Mondlane contested the October election as an independent with considerable support among Mozambique’s youth. When Chapo was declared the winner, Mondlane claimed malpractice and encouraged his supporters to strike and […]

Nigeria Regains Top Spot as Africa’s Leading Oil Investment Destination

Nigeria Regains Top Spot as Africa’s Leading Oil Investment Destination

Nigeria has reclaimed its position as Africa’s top oil upstream investment destination in 2024, surpassing Angola, according to Wood Mackenzie. This resurgence stems from strategic deep-water projects like the $4.6 billion Bonga North Tranche 1 and Energes’ $2.6 billion HI (OML 144) development. Key reforms, including five presidential directives and fiscal incentives, bolstered Nigeria’s appeal, […]

Central African Republic Deepens Political Alliance with Russia

Central African Republic Deepens Political Alliance with Russia

The ruling United Hearts Movement (MCU) of Central African President Faustin-Archange Touadéra has formalized a political cooperation agreement with Russia’s United Russia party, led by President Vladimir Putin. Signed remotely, the agreement signifies growing ties between the two nations, following Touadéra’s recent official visit to Moscow. Key figures, including Russian senator Andrei Klimov and Central […]

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