The Democratic Republic of Congo’s new central bank governor has set out to rebuild confidence in the Congolese franc and curb the nation’s heavy dependence on the US dollar. The new governor of Congo’s central bank aims to restore trust in the Congolese franc and decrease reliance on the US dollar. The Congolese franc faces…
South Africa will open its freight rail network to private operators, the government said Friday, in a bid to improve efficiency as state-owned Transnet struggles with chronic bottlenecks. South Africa will integrate private operators into its freight rail network. Transnet faces operational issues, prompting the move for increased efficiency. 11 private companies have qualified for…
The South African rand strengthened on Friday, lifted by a weaker U.S. dollar and a rebound in gold prices. The South African rand strengthened due to a weaker U.S. dollar and rising gold prices following Federal Reserve signals of a potential rate cut. South Africa’s highest consumer inflation in 10 months was reported this week…
Four years after a fire outbreak linked to a UK military training exercise swept through the Lolldaiga conservancy in Kenya’s Rift Valley, thousands of affected residents have finally won compensation. A blaze caused by a British military training exercise affected thousands of residents in Lolldaiga conservancy, Kenya. Over 7,000 acres of land were damaged, leading…
The government of Japan has designated four cities as official “hometowns” for residents of four African countries from Nigeria, Tanzania, Ghana and Mozambique, offering a special visa scheme. The concept is similar to “Chinatowns” or “Little Italys” in the United States. The Japanese government has assigned four cities as official ‘hometowns’ for African residents from…
INTERPOL has announced one of its largest cybercrime crackdowns in Africa, with 1,209 suspects arrested and nearly 88,000 victims identified. INTERPOL coordinated Operation Serengeti 2.0 from June to August 2025, leading to 1,209 arrests and identifying 88,000 victims. Authorities recovered $97.4 million and dismantled over 11,400 malicious online infrastructures targeting cyber-enabled crimes. Key successes include…
General Christopher Musa, Nigeria’s Chief of Defence Staff (CDS), has expressed renewed worry about the expanding means terrorists utilize to fund and sustain their activities. General Christopher Musa addressed concerns about terrorist funding methods in Nigeria. Nigeria is tracking local and international sources of terrorist financing, notably using gold. Recent arrests of high-profile Ansaru group…
The Dangote Petroleum Refinery is quickly silencing its critics, with operations running more consistently and efficiently than ever before. Dangote Petroleum Refinery increased production to 610,000 barrels per day in August 2025, nearing its full capacity. The refinery consistently surpassed industry expectations, enhancing operational reliability and efficiency. June 2025 marked its first gasoline export to…
The Trump administration has announced that it is conducting a sweeping review of more than 55 million people who currently hold valid U.S. visas, a move that could lead to deportations if any violations are uncovered. The Trump administration is reviewing over 55 million valid U.S. visa holders for potential violations. The State Department applies…
