The capital of the Tigray region has been reconnected to Ethiopia’s national power grid after more than a year cut off due to the war in this northern region of Ethiopia. The announcement by the national electricity company comes just over a month after the signing of a peace agreement between the Tigrayan rebels and […]
Authorities in South Kivu province in eastern DRC ordered a suspension of all mining activities, arguing that the sector needed order, in a decision that will hit the local economy in the already conflict-stricken and impoverished area. “All companies, businesses, and cooperatives are required to leave the sites and operating locations within 72 hours,” the […]
Ghana signed a memorandum of understanding with bilateral creditors, including France and China, to restructure $5.4 billion worth of debt. The deal was seen as a prerequisite for unlocking $360 million from the IMF under a $3 billion bailout program next month. Ghana was the second African country to default on its debt following Zambia […]
