Following weeks of blackouts, Sierra Leone’s Energy Minister resigns as the government pays $17 million to restore electricity in the capital.
Ikeoluwa Ogungbangbe
-
-
Over 100 inmates fled a Nigerian prison damaged by intense rainstorms, prompting a high-stakes manhunt and calls for immediate infrastructure upgrades.
-
South Africa files a WTO complaint against EU citrus regulations, challenging costly new sanitary measures impacting exports.
-
Capitec Bank expects loan losses to meet targets by 2025, following a robust profit increase and tightening credit criteria, shares surge 7.43%.
-
Zambia’s state utility Zesco seeks urgent power imports to combat an impending energy deficit, crucial for sustaining its major copper mining operations.
-
The UN has called for an investigation into the death of Siraj Dughman, an activist who died in custody under suspicious circumstances in Libya.
-
Zimbabwe’s introduction of the new ZiG currency delays its anticipated IMF programme, aiming for stabilization before re-engaging with global financial institutions.
-
South Africa’s Finance Minister rules out using contingency reserves to bailout struggling state firms Eskom and Transnet, focusing instead on national debt reduction.
-
Nigeria secures a crucial gas supply deal with Shell for the upcoming $3.8 billion Brass methanol project, aiming to enhance its energy sector and economic growth.
-
Zimbabwe commits to economic stability by ensuring new ZiG currency notes are only printed when backed by sufficient gold and foreign currency reserves.