Kenya: Pressure on Ruto to reprimand Transport minister for saying Rwanda is an autocracy

Kenya: Pressure on Ruto to reprimand Transport minister for saying Rwanda is an autocracy

Kipchumba Murkomen, who is also a close ally of Ruto, was responding to an interview question on the privately-owned Citizen TV on Monday about why his ministry had failed to build a proper public transport system like Rwanda. “Rwanda is not like Kenya. It is an autocracy. Whatever the president says is the law,” Murkomen said. … Read more

Kenya: Carrefour’s $7m fine brings to light anti-competitive behaviour complaints

Kenya: Carrefour’s m fine brings to light anti-competitive behaviour complaints

UAE-based Majid Al Futtaim Holding, operating as Carrefour in Kenya, is preparing to appeal a hefty KSh1.1bn ($7m) fine at the country’s competition tribunal, a dispute that casts light on multiple accusations of buyer power abuses the company has been facing. There’s more to this story Get unlimited access to our exclusive journalism and features … Read more

Angola to quit OPEC over oil production quotas disagreement

Angola to quit OPEC over oil production quotas disagreement

Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil cartel’s decision last month to further slash output next year. Mineral Resources and Petroleum minister Diamantino Azevedo said that the decision was not taken lightly, but OPEC membership no longer served the African country’s interests. “Angola has decided … Read more

Nigeria: Companies push for local raw materials as access to forex falls

Nigeria: Companies push for local raw materials as access to forex falls

In the rural southwestern Nigerian communities of Iseyin, Fasola, Maya, Akele and Sakin in Oyo State, Dutch dairy company FrieslandCampina WAMCO has set up a number of processing plants where raw milk is obtained directly from rural pastoralists to create powdered and liquid dairy products. There’s more to this story Get unlimited access to our … Read more

Zimbabwe: Controversy as new ZANU-PF lawmakers use ‘back door’

Zimbabwe: Controversy as new ZANU-PF lawmakers use ‘back door’

The Zimbabwe African National Union-Patriotic Front (ZANU-PF) now has 184 seats in the 280-member National Assembly with six more by-elections slated for February next year. A two-thirds majority is key for ZANU-PF’s ambitions to take control of Parliament and amend the constitution to extend President Emmerson Mnangagwa’s term, which ends in 2028. There’s more to … Read more

Ethiopia’s debt default shows Western creditors following China’s lead

Ethiopia’s debt default shows Western creditors following China’s lead

Ethiopia’s debt default triggered by non-payment of a coupon on the country’s 2024 Eurobond leaves Western creditors trying to play catch-up with China’s proactive stance on debt-service relief. There’s more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African … Read more

Voting resumes in DRC amid protests from the opposition

Voting resumes in DRC amid protests from the opposition

At the end of a day marked by numerous delays and logistical problems, the Democratic Republic of Congo (DRC)’s electoral commission announced an extension to the voting period. The opposition has denounced ‘electoral chaos’. There’s more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and … Read more

Africa-India economics at a crossroads: Mauritian hub is crucial

Africa-India economics at a crossroads: Mauritian hub is crucial

Known as “the star and key of the Indian Ocean”, Mauritius has served as a gateway between Africa, India and the Middle East, bringing together people, cultures and markets in a uniquely positioned island environment. Indian influence, in particular, is central to modern Mauritian identity, with two-thirds of inhabitants tracing their ethnic roots to the … Read more

As DRC votes, what kind of economy will the victor inherit?

As DRC votes, what kind of economy will the victor inherit?

In December 2018, Félix Tshisekedi was elected president of the DRC, succeeding Joseph Kabila in a controversial election that nevertheless marked the first democratic transition since the country’s independence in 1960. There’s more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from … Read more