KEY POINTS IMF offers $185.5 million for Zambia’s recovery. Drought, inflation reduce Zambia’s GDP growth forecast. IMF emphasizes fiscal reforms for economic stability. Zambia and the IMF reached a staff-level …
Key Points Namibia is considering joining the UN space treaty. Partnerships target space, cybersecurity, and counterterrorism. New laws support anti-terrorism and financial crime efforts. Namibia is exploring deeper ties with …
Key Points Mpox cases exceed 50,000 in 2024, 1,083 deaths recorded. Central Africa hardest hit, accounting for 85.8% of cases. Comorbidity with HIV heightens mpox mortality risks. Africa’s mpox outbreak …
Key Points Boko Duma pledges unity and prosperity. Inauguration attended by African leaders and citizens. Duma’s administration to prioritize economic growth, welfare. Botswana celebrated a historic day on Friday as …
Key Points Safaricom’s net income fell 17.7% due to currency losses. Full-year earnings forecast to be $731 million–$778 million. Ethiopian unit to break even by 2027 amid challenges. Safaricom, East …
KEY POINTS Oil revenue funds 80% of Nigeria’s budget. Oil dependency causes vulnerability to price shocks. Diversifying sectors like agriculture strengthens stability. Nigeria, Africa’s third largest economy with a gross …
Key Points Protests followed Frelimo’s contentious election victory in October 9. At least 18 killed in police crackdown. Mozambique’s Constitutional Council reviewing election discrepancies. In Mozambique’s capital, Maputo, police used …
Key Points South Africa closes Lebombo border post with Mozambique. Mozambique’s election sparks deadly protests, military alert. Opposition claims victory; police violence escalates. South Africa has closed its key Lebombo …
Key Points Mining contributes 70% of Zambia’s exports, driving economic stability. Copper and cobalt dominate production, with growing gold output. Sustainable practices, investment, and diversification fuel resilience. Zambia’s mining industry …
Key Points Cabinda Refinery in Angola is set to start oil production in early 2025, with commercial operations beginning by July. The $473 million project aims to cut Angola’s reliance …
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