The Democratic Republic of Congo and Rwanda have agreed to take new steps to reduce fighting in eastern Congo, following US-hosted talks aimed at reviving a fragile peace deal that has failed to hold. DRC and Rwanda agreed to de-escalate eastern Congo tensions after US-hosted talks in Washington on March 17-18, 2026. Rwanda will disengage…
United Kingdom has signed a new migration agreement with Nigeria that will make it significantly easier to deport visa overstayers, failed asylum seekers, and foreign criminals, underscoring a broader tightening of immigration controls across Western nations. The UK has signed a new migration agreement with Nigeria, easing the deportation of visa overstayers, failed asylum seekers,…
Nigeria and the United Kingdom have signed three Memoranda of Understanding to strengthen migration governance, border security, and business mobility, marking a significant step in bilateral relations during President Bola Ahmed Tinubu’s visit to the UK. Nigeria and the UK have signed three MoUs covering migration, border security, and business visas. The agreements aim to…
A Canadian diamond miner has uncovered a rare 36.92-carat blue diamond in Botswana, highlighting the enduring value of high-quality stones even as the industry shifts focus toward copper and critical minerals amid weakening demand for natural diamonds. Lucara Diamond Corp discovered a rare 36.92-carat blue diamond in Botswana, emphasizing the value of high-quality stones. The…
Nigeria’s leading anti-corruption agency has returned nearly $2.6 million in recovered funds to the Nigerian National Petroleum Company (NNPC) Limited, in a move that underscores renewed efforts to tackle financial misconduct within the country’s oil sector. Nigeria’s anti-graft agency has returned $2.6 million in recovered funds to NNPC. The EFCC says the money was recovered…
The Chinese Embassy in Zimbabwe has issued a fresh warning to its nationals and companies operating in Zimbabwe following new government measures restricting the export of raw minerals, including lithium concentrates. The Chinese Embassy in Zimbabwe has warned its nationals and companies about new restrictions on exporting raw minerals, including lithium concentrates. Chinese investors are…
African nations are expected to borrow $155 billion in long-term commercial debt in 2026, a 10% increase from 2025, according to S&P Global Ratings. African nations are anticipated to borrow $155 billion in long-term commercial debt in 2026, marking a 10% rise from 2025. This increased borrowing aims to refinance maturing debt and manage expanding…
Italy’s Eni has discovered more than 1 trillion cubic feet of gas offshore Libya, strengthening Europe’s push to secure alternative energy supplies closer to home. Eni has discovered over 1 trillion cubic feet of gas offshore Libya. The fields can be quickly developed using existing infrastructure. Output will supply Libya and boost exports to Italy.…
The World Bank has approved $45 million in financing for Zambia to support its economic reform programme and strengthen resilience to climate shocks. The World Bank has approved $45 million to support Zambia’s economic reforms and climate resilience efforts. The funding signals renewed investor confidence following debt restructuring and IMF-backed reforms. Key focus areas include…
