Business Features Finance Headlines

China’s CCECC to invest $1.4bn into Tanzania-Zambia railway upgrade for 30-year concession

The China Civil Engineering Construction Corporation (CCECC) has committed to investing $1.4 billion to revitalize the Tanzania-Zambia Railway Authority (TAZARA), a critical transport route for copper exports in Central Africa. The deal, announced at the recent Zambia International Mining and Energy Conference (ZIMEC 2025), aims to improve infrastructure and operations along the aging railway. Under […]

Africa Features Headlines International

DRC gov’t open to dialogue with M23 rebels in bid to solve conflict in eastern region

The Democratic Republic of Congo (DRC) has expressed willingness to engage in direct dialogue with the M23 rebel group, signaling a shift in its stance toward resolving the ongoing conflict in the eastern part of the country. This decision comes after years of resistance to negotiations and follows a series of successful military offensives by […]

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Ethiopia to seek peaceful solution with Eritrea over Red Sea access, says PM Abiy

Ethiopia has no intention of waging war with Eritrea to gain access to the Red Sea, prime minister Abiy Ahmed emphasized Thursday (20 March) amid growing tensions between the two Horn of Africa nations. Speaking to parliament, Abiy stated that his government aims to resolve the issue through diplomacy, focusing on a mutually beneficial solution […]

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Experts urge African nations to shift to local currencies for trade and transactions

Experts at a recent 57th Conference of African Ministers of Finance emphasized the need for African governments to prioritize local currencies for trade and transactions. Hanan Morsy, chief economist of the UN Economic Commission for Africa, highlighted that reducing reliance on the U.S. dollar would protect Africa’s economies from external financial shocks. Africa’s use of […]

Africa Features Headlines International

Sudan’s military retakes Khartoum presidential palace from paramilitary forces in symbolic victory

In a significant development in Sudan’s ongoing conflict, the Sudanese military has announced the recapture of the Republican Palace in Khartoum, which had been under the control of the paramilitary Rapid Support Forces (RSF) for nearly two years. The palace, a historic symbol of Sudan’s government and seat of power, was retaken after months of […]

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M23 rebels defy Qatar ceasefire, capture strategic mining town in Eastern DRC

The M23 rebel group in eastern Democratic Republic of Congo (DRC) has continued its offensive, defying a ceasefire agreement signed by DRC President Félix Tshisekedi and Rwandan President Paul Kagame. Despite international calls for an immediate halt to hostilities, M23 forces captured the strategic town of Walikale on Wednesday (19 March), a key area rich […]

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French billionaire faces fraud allegations over African port deals

French billionaire Vincent Bolloré is facing fresh fraud allegations from a coalition of African groups, accusing him and his family of benefiting from illegal port concessions across several African nations. The complaint, filed with the French National Financial Prosecutor’s Office (PNF) on Wednesday (19 March), targets Bolloré SE and its former logistics arm, Bolloré Africa […]

Americas Features Headlines International

Thousands of South Africans seek asylum in US after Trump’s offer

Thousands of South Africans, particularly white farmers, have shown interest in relocating to the United States following president Donald Trump’s controversial offer of asylum. The initiative, aimed at providing a safe haven for farmers feeling threatened by South Africa’s land reform policies and increasing violence, has sparked a surge of interest from around 67,000 individuals. […]

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UAE invitation to high-level aid conference in London sparks outrage from Sudan army gov’t

The United Kingdom’s decision to invite the United Arab Emirates (UAE) to an upcoming London conference on Sudan’s humanitarian crisis has drawn sharp criticism from Sudan’s army-aligned government. The conference, scheduled for 15 April, aims to address the escalating humanitarian crisis in Sudan, which has displaced millions and led to widespread famine. However, the absence […]

Business Energy Features Finance Headlines

TotalEnergies faces manslaughter investigation in France over 2021 Mozambique attack

French prosecutors have launched a judicial investigation into TotalEnergies, accusing the oil giant of involuntary manslaughter and failing to assist people in danger during a brutal jihadist attack in Mozambique’s Palma region in March 2021. The attack, carried out by Islamist militants linked to ISIS, left over 1,400 people dead or missing, including 55 subcontractors […]