Africa

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Africa

Armed Group Disables Section of Niger’s PetroChina-Funded Oil Pipeline

An armed group opposed to Niger's ruling junta disabled a section of the PetroChina-funded crude oil pipeline in an attack on Sunday night, according to Reuters reports. The pipeline, with a capacity of 90,000 barrels per day and extending nearly 2,000 km from Niger's Agadem oilfield to Benin's coast, is intended for exports under a $400 million deal with China National Petroleum Corp, Reuters reports.

today19 June, 2024

Africa

Malawians Mourn Vice President Chilima Amid Protests Over Plane Crash Response

Malawians gathered on Monday to mourn Vice President Saulos Klaus Chilima amid heavy security, following protests from his home district over the government's response to the plane crash that killed him and eight others last week as reported by Reuters. 51 year-old Chilima was laid to rest in his village of Nsipe in Ntcheu district, about 160 km southeast of Lilongwe. The night before, crowds blockaded roads and threw stones […]

today19 June, 2024

Africa

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

      By Pritish Behuria, University of Manchester     Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the country’s economic growth has depended heavily on its offshore sector – the provision of financial services by banks to foreign firms. As an isolated country located in the south-western Indian Ocean, Mauritius has […]

today18 June, 2024

Africa

AI can make African elections more efficient – but trust must be built and proper rules put in place

Election officials confirm a voter’s biometric details during Kenya’s 2022 elections. James Wakibia/SOPA Images/LightRocket     By Shamira Ahmed, European University Institute and Mehari Taddele Maru, European University Institute     Time magazine has dubbed 2024 a “super election year”. An astonishing 4 billion people are eligible to vote in countries across the world this year. Many are on the African continent, where presidential, parliamentary and general elections have already […]

today18 June, 2024

Africa

Zimbabwe Police Arrest Opposition Leader and 80 Youths for Unauthorized Gathering

Zimbabwe police have arrested opposition leader Jameson Timba and 80 youths for holding an unauthorized political gathering, their lawyer reported on Monday. Timba, who became interim leader of Citizens Coalition for Change after Nelson Chamisa left the party in January, was arrested on Sunday. Lawyer Agency Gumbo stated that they remain in custody and are likely to be charged under public order laws, with efforts underway for their release.

today18 June, 2024

Africa

JPMorgan Warns African MDBs Could Lose Preferred Creditor Status

JPMorgan analysts have warned that some of Africa's smaller multilateral development banks, including the Africa Export-Import Bank and the Trade and Development Bank, could be stripped of their Preferred Creditor Status says Reuters. PCS is a widely accepted principle that gives multilateral development banks priority for debt repayment when a borrower faces financial stress, ensuring these banks are paid back before other creditors.

today18 June, 2024