Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2 billion from merchants such as Trafigura and Glencore but now finding its debt levels unsustainable, sources familiar with the matter said. Trading houses regularly lend money to resource-rich clientsRead More →

Foreign companies intending to invest in Zimbabwe must avoid political engagements or commentary as State security agents “will employ heavy-handed methods on them”, an international business company has said. A number of foreign investors have visited Zimbabwe with the intention of seeking new opportunities following Emmerson Mnangagwa takeover as presidentRead More →

More than 200 people have been convicted in Nigeria on charges related to their involvement with militant Islamist group Boko Haram, the justice ministry said on Monday. The convictions of 205 people in mass trials mark the conclusion of the second stage of the country’s biggest legal challenge to BokoRead More →

An Egyptian court put former Islamist presidential candidate Abdel Moneim Abol Fotouh on a terrorism list on Tuesday, state news agency MENA reported, following his arrest for alleged contacts with the banned Muslim Brotherhood. Abol Fotouh was arrested last week a day after returning from London, where he had givenRead More →

State-run Kenya Electricity Generating Company (KenGen) plans to add 1,745 megawatts (MW) of electricity from geothermal sources by 2025, part of a government push to end power generation from fossil fuels. “You are aware that going forward, the government policy which all generators including KenGen and including independent power producers,Read More →

“South Africa’s Zuma is out” was the Washington Post’s headline on Thursday morning. “Will things actually get better?” The question signifies more than journalistic skepticism. It points to a shift in the liberal worldview. Over more than a quarter of a century, that view – triumphant as, in 1991, bothRead More →