Business and Finance

The recent political turbulence in Mozambique signals a profound crisis, shaking the very foundations of the nation's governance. Following the October 2024 elections, opposition parties raised alarm bells, asserting widespread electoral fraud. The fervor surrounding these allegations has created a volatile environment, where trust in democratic processes is fragile. Amidst this backdrop, the country's electoral authority declared victory for Frelimo, naming Daniel Chapo as the newly elected president. But what does this…

Niger has carved its name into the annals of public health history as the first African nation to successfully eliminate onchocerciasis, commonly known as river blindness. This parasitic disease has long been regarded as the second-leading cause of blindness globally, casting a shadow over the lives of many. How does one contract this affliction? The culprit is the bite of an infected black fly, predominantly found in areas along rivers, where these tiny marauders carry the parasitic worm that ultimately wreaks havoc on…

In a shocking turn of events, President John Mahama has launched a thorough investigation following a deadly clash between illegal miners and Ghanaian soldiers that tragically resulted in nine fatalities. According to an army spokesperson, the chaos erupted when miners, armed to the teeth with locally crafted rifles, pump-action shotguns, knives, and even axes, opened fire on military personnel who were simply doing their job. The soldiers, acting in self-defense, returned fire, and the consequences were catastrophic. This…

In the vibrant city of Dar es Salaam, a dynamic gathering is underway, bringing together over a dozen heads of state, along with influential representatives from international organizations and the private sector. The atmosphere is electric—not just because of the sun-drenched streets, but also due to a shared goal that’s lighting a fire under discussions: accelerating energy access and championing the continent's transition toward clean energy. Organizers highlight that this summit is not merely a talk shop; it’s about…

In a defining moment for South Africa, President Cyril Ramaphosa has unveiled the country's ambitious vision for its upcoming G20 Presidency, a milestone that resonates with hope and potential. With a framework anchored on three pivotal pillars—solidarity, equality, and sustainable development—Ramaphosa’s agenda aims to reshape dialogues among the world’s economic heavyweights. "Our mission is clear," he proclaimed, setting the stage for a future that prioritizes a just energy transition while steering the ship toward…

In the bustling heart of Harare, a disconcerting trend is unfolding before our very eyes. Zimbabwean retailers are trimming their sails, downsizing their operations in response to relentless economic shocks—a clear sign that all is not well in this Southern African nation. As reported by NewZimbabwe.com, the retail landscape is morphing into a ghost town. Stores once vibrant and bustling with life now stand as mere husks of their former selves. Take, for instance, the OK Zimbabwe outlets in Marimba, Hillside, Kuwadzana 2…

The Youth Rights Campaign (YRC), a passionate advocate for human rights, has taken a bold stand, urging President Bola Tinubu to immediately halt the legal proceedings against a group of 11 activists linked to the #EndBadGovernance movement. Among them is Michael Lenin, who finds himself facing grave charges of treason and mutiny—serious allegations that could change lives forever. In a powerful statement, the YRC emphasized that this trial seems more like a heavy-handed maneuver to stifle dissent and quash opposition,…

In a remarkable leap for our understanding of the cosmos, South Africa's MeerKAT telescope has unveiled a colossal new radio galaxy that has been charmingly dubbed Inkathazo, a name steeped in cultural significance, meaning 'trouble' in both Xhosa and Zulu. This intriguing moniker isn't just catchy; it aptly encapsulates the perplexities surrounding the physics behind this discovery—after all, when the universe throws you a curveball, it’s bound to leave you scratching your head in wonder. So, what exactly is this cosmic…

A new era is dawning in the realm of U.S.-Africa relations, and one can almost hear the gears of change grinding into motion. Yet, before we pop the confetti, it's important to note that the current administration’s policies are still taking shape, and this process won’t yield fruit overnight. Still, the impact of several Executive Orders that Donald Trump signed in the nascent days of his presidency might just reverberate across the African continent like a thunderclap in a hot, muggy summer. During his Senate confirmation…

In a move that has sent ripples of optimism through the financial markets, Gabon's transitional government declared that presidential elections are set to take place on April 12, 2025. This announcement marks a significant step towards restoring civilian governance in a country that has seen its fair share of turmoil. Just picture it: a nation where military tanks once rolled through the streets under the leadership of General Brice Oligui Nguem, who led a coup against former president Ali Bongo in 2023, following a…