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business

Obi Resigns from Nigerian Opposition Party, Citing Toxic Political Climate

Peter Obi, the former presidential candidate who represented the Labour Party, has officially parted ways with the African Democratic Congress (ADC), a political organization he joined in December 2025. He cites a deteriorating political landscape characterized by both external meddling and internal discord, emphasizing that his departure is not due to any personal conflicts with ADC leaders. Obi characterized the current national political environment as "increasingly toxic," highlighting a pervasive atmosphere of…

Aid Cuts Hit Malawi as Country Faces Unprecedented Economic Shock

A stark warning from the International Monetary Fund says sweeping global aid cutbacks have pushed Malawi onto a financial knife-edge, exposing deep-seated frailties in the country’s economic management. For years, the nation has leaned heavily on donor support to finance vital development programs and routine government operations. The IMF’s latest report on Sub-Saharan Africa notes that assistance to the region fell by 16 to 28 percent in 2025. This funding gap lands as Malawi contends with a debt-to-GDP ratio above 90…

Ghana to Construct 1,200MW Gas Power Plant to Prevent Energy Crisis

In a bold move to enhance the nation’s energy infrastructure, President John Dramani Mahama has unveiled plans for a significant expansion of Ghana's energy capacity through the development of a new 1,200-megawatt gas-fired power plant. This initiative aims to preempt potential energy shortages that have plagued the country with recent power supply disruptions. During the announcement, Mahama emphasized the pressing need for increased investment in the energy sector, highlighting that when his administration took office in…

Tanzania, Rwanda to deepen economic and infrastructure cooperation

Tanzania and Rwanda have moved to tighten ties, with Presidents Samia Suluhu Hassan and Paul Kagame vowing to expand cooperation that prioritizes trade facilitation, infrastructure links, and broader regional integration. The initiative is intended to speed up Rwanda’s transit logistics through the Port of Dar es Salaam, a lifeline that handles about 70% of the landlocked country’s imports and exports—some 1.6 million tonnes of cargo each year. President Samia said Tanzania is ready to deepen relations by dismantling…

Zimbabwe to Mandate Single National Exam System by 2027

Zimbabwe will overhaul its assessment regime in 2027, compelling every school to use a single national examinations framework. Under the plan, all learners will be required to sit tests set by the Zimbabwe School Examinations Council (ZIMSEC). Primary and Secondary Education Minister Torerayi Moyo said the reform targets the country’s entrenched dual track. For years, many of Zimbabwe’s elite private institutions have focused almost exclusively on Cambridge Assessment International Education, sidelining ZIMSEC. The new…

Sirleaf Condemns Expulsion of Liberian Lawmaker from Parliament

Former President Ellen Johnson Sirleaf has sharply condemned the recent expulsion of Representative Yekeh Kolubah from the House of Representatives, characterizing the action as a serious infringement on free expression. She emphasized the importance of upholding the Liberian Constitution, calling on lawmakers to adhere to the rule of law, which she highlighted as vital for "good governance." This contentious expulsion stemmed from allegations against Kolubah, including breach of duty, official misconduct, and a violation…

Shipwreck Off Libya’s Coast Leaves Sudanese Migrants Dead

The UN Refugee Agency (UNHCR) said at least 17 Sudanese refugees have drowned after a boat sank in the Mediterranean, in one of the latest deadly attempts to reach Europe. The craft reportedly held 33 people; authorities have confirmed seven survivors and listed nine others as missing. Since the 2023 outbreak of war in Sudan, over 500,000 Sudanese have crossed into Libya in search of safety. Experts caution that for many migrants, Libya functions less as a destination than as a "waiting room" before attempting the hazardous…

Wave of Protests Revives South Africa’s Familiar Anti-Migrant Backlash

Echoing through the streets of Johannesburg and Pretoria, wave after wave of self-styled civic groups has marched in recent years with near-identical grievances. The banners and leaders may rotate, and the slogans get a fresh coat of paint, yet the refrain rarely shifts. From Operation Dudula to the more recent Put South Africans First, along with the Fiyela Movement, the All Truck Drivers Foundation, and several predecessors, the pattern endures. The labels evolve; the message persists, writes Jan Bornman for Our City News…