News

The Nigeria Human Rights Commission finds no evidence of alleged military abuses, refuting reports of a secret abortion program in the Boko Haram conflict zone

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 …

Paramilitary siege in Sudan’s al-Hilaliya leaves over 73 dead, with rising illness and displacement compounding the region’s growing humanitarian crisis

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 …

Africa strengthens governance and cooperation to protect resources from exploitation

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 …

A Nigerian court freed 119 protesters, including minors, following President Bola Tinubu’s order to drop charges linked to August’s economic protests

House Reps investigate $2 billion renewable energy fund, demanding ministers’ accountability in Nigeria’s renewable energy spending

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 …