Month: January 2026

Wayne Lumbasi South Africa has proposed a new approach that would allow companies to comply with its Black economic empowerment framework through financial contributions, a move that could reshape how transformation is pursued across the economy. The proposal, released by the Department of Trade, Industry and Competition, introduces the option for firms to contribute to […]

Wayne Lumbasi  Ethiopia has reported saving about $3.4 billion in foreign exchange expenditure over the past six months, marking a notable milestone in the country’s ongoing economic reform drive aimed at easing pressure on scarce hard currency resources. The savings are largely attributed to a renewed focus on local manufacturing and import substitution, as authorities […]

Faith Nyasuguta  Rwanda is moving ahead with one of its most ambitious infrastructure projects yet: a new international airport in Bugesera, designed to transform the country into a regional aviation hub and expand air connectivity across East Africa and beyond. The development, backed largely by Qatar Airways through a major investment partnership, has drawn attention […]

Faith Nyasuguta  Senegal has officially inaugurated a massive edible oil refinery in a major industrial milestone aimed at strengthening food production, creating jobs and reducing the country’s dependence on imports. The new facility, financed at a cost of 60 billion CFA francs,  roughly $100 million, is among the largest agro-processing investments in the country in […]

Faith Nyasuguta  Rwanda has taken the United Kingdom to the Permanent Court of Arbitration in The Hague, claiming London owes more than $130 million after scrapping a controversial asylum partnership deal signed in 2022. Under the pact, Britain agreed to pay Kigali to host asylum seekers who reached the UK illegally – but the plan […]