HARARE, ZIMBABWE — Zimbabwe and Zambia have signed a landmark Memorandum of Understanding (MoU) to develop a new cross-border pipeline for the transportation of refined petroleum products, marking a key …
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US Warns Zimbabwe May Miss Tariff Relief Deadline Amid Trade Talks Delays
HARARE, ZIMBABWE — Hopes for Zimbabwe to secure lower tariffs on its exports to the United States could be dashed due to time constraints, despite a temporary suspension granted by …
- BusinessEconomyGOVERNMENTPolicies
IMF Demands Fiscal Discipline and Forex Reforms as Zimbabwe Pushes for Economic Recovery
HARARE, ZIMBABWE — The International Monetary Fund (IMF) is pressing Zimbabwe’s government to take bold and sustained steps to fix its economy. The global lender wants the country to show …
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Zimbabwe to Ban Export of Lithium Concentrate by 2027
HARARE, ZIMBABWE – The government of Zimbabwe has announced that it will stop all exports of lithium concentrate starting January 2027. This is part of its broader plan to boost …
- BusinessFinance & ServicesFintechSales StrategyTelecommunicationsUGANDA
MTN Uganda to Split Mobile Money Arm into New Fintech Company to Meet Regulations, Attract Investors
MTN Uganda has announced a major restructuring plan that will separate its mobile money business, MTN MoMo, from the main telecom operations. The new move is aimed at turning the …
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CBK Moves to Raise KSh 50 Billion from Reopened Bonds
he Central Bank of Kenya (CBK) has announced plans to raise KSh 50 billion through the reopening of two infrastructure bonds to support the country’s growing financial needs. The move …
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Ethiopia Establishes Disaster Risk Response Fund Amid Global Aid Cuts
Parliament has voted to establish the Ethiopian Disaster Risk Response Fund, in a landmark move designed to reduce the country’s growing reliance on foreign aid in the face of recurring …
- AgricultureAviationDevelopmentEconomyInfrastructureTransportation & Logisitics
Ethiopian Airlines Dominates Africa’s Air Cargo Market With 35% Share
Ethiopian Airlines has emerged as the biggest cargo carrier on the African continent, now controlling a whopping 35 percent of the cargo market, according to a new report from the …
- EconomyEnergyFinance & ServicesInfrastructureKenyaSafaricomTelecommunications
Kenya Targets Safaricom and KPC to Fund Sh4.24 Trillion 2025/26 Budget
Kenya is gearing up to tap its biggest publicly listed companies, Safaricom and the government‑owned Kenya Pipeline Company (KPC), to fund its Sh4.24 trillion budget for the 2025/26 financial year, Finance …
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Marine Wrecks Pose Serious Danger to Lagos Waterways
The Nigerian Marine Coastguard Volunteer Services (NMCVS) has raised alarm over the growing danger posed by wreckage and debris littering Nigerian waterways, particularly in Ebute-Ero, Lagos. The organisation said the …