Dangote’s push into Europe’s diesel market has hit a stumbling block as buyers raise concerns over sulfur levels and the region’s stricter winter fuel requirements. Dangote Petroleum Refinery faces challenges exporting diesel to Europe due to high sulfur content exceeding EU winter fuel standards. European importers refuse Nigerian diesel despite potential supply gaps caused by…
Zimbabwe aims to establish a robust foreign-exchange buffer, enabling the transition to a single national currency and the eventual phase-out of the widespread use of US dollars. Zimbabwe plans to establish a foreign-exchange buffer to transition to a single national currency by 2030. The deputy central bank governor stated reserves will suffice for three to…
The United States has escalated its standoff with South Africa, with President Donald Trump announcing that Pretoria will not be invited to next year’s G20 meetings in Miami. The United States, under President Trump’s leadership, decided to exclude South Africa from the 2026 G20 summit hosted in Miami. This marks a significant departure from the…
Africa has experienced a wave of coups and military takeovers over the past five years, creating an unstable political landscape across several regions. Seven African nations are under military rule as of November 2025, with Mali, Burkina Faso, and Niger leading the list. Coups and prolonged transitions have replaced civilian governments across the continent. Political…
Former Nigerian President Goodluck Jonathan is among hundreds of foreign dignitaries and election observers stranded in Guinea-Bissau after the country’s armed forces abruptly seized power, suspended the electoral process, and shut all borders. A sudden military takeover in Guinea-Bissau has left former Nigerian President Goodluck Jonathan and other foreign observers unable to leave the country.…
A new United States Senate bill aiming to extend the African Growth and Opportunity Act for two years has triggered fresh diplomatic tension by proposing the explicit removal of South Africa from the trade programme. A new US Senate bill seeks to renew AGOA for two years but explicitly removes South Africa from the programme.…
South Africa has formally handed over the G20 presidency to the United States, concluding a week of delicate diplomatic manoeuvring over protocol and representation. South Africa has officially transferred the G20 presidency to the United States. The handover was conducted in a modest ceremony in Pretoria without heads of state present. Both governments agreed to…
Zimbabwe is preparing to introduce one of its toughest enforcement regimes yet for the mining sector, with companies set to lose their licences if they fail to meet environmental standards. Zimbabwe is preparing a sweeping reform that could strip mining companies of their licences for environmental violations. Mines Minister Winston Chitando says the new Responsible…
New Balance opens a new store at Somerset Mall in Cape Town as American companies expand into South Africa, the continent’s most diversified economy. New Balance has opened a new store in Somerset Mall, Cape Town, marking its 16th store in South Africa, with future plans to open four more by 2026. The store introduces…
