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Zimbabwe, Mozambique Sign Deal to Expand Fuel Pipeline Corridor

PRESIDENTS Emmerson Mnangagwa and Daniel Chapo on Wednesday announced a major expansion of the Beira-Harare fuel corridor that will increase the pipeline’s capacity by 67%, strengthening energy security in Zimbabwe and across the region. The CPMZ pipeline’s annual transport capacity is expected to rise from three million to five million cubic metres by the end…

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Uber Ceases Operations in Nigeria and Uganda

Ride-hailing giant, Uber, yesterday announced the discontinuation of its operations in Nigeria after 12 years in the country, as part of a broader restructuring of its global business that has also resulted in the layoff of about 3,300 employees worldwide. The company said it would wind down its ride-hailing operations in Nigeria and Uganda effective…

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UN Votes to Adopt New World Map That Shows Africa’s True Size

The United Nations General Assembly (UNGA) at the weekend adopted a resolution promoting the wider use of equal-area world maps, including the Equal Earth projection, in a move aimed at addressing long-standing distortions in the representation of Africa and other equatorial regions. The resolution, titled: “Correct the Map: Rebalancing Global Cartographic Representation and Promoting Equitable…

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Domitexka – A Missed Opportunity for African Capital?

Domitexka’s mill in Kaolack has the markets, the know-how and the partnerships to compete globally. What it still needs — like nearly every manufacturer on the continent — is patient capital. The thread comes off the spool white, clean and taut. Inside the Domitexka workshop in Kaolack, the machines are running: raw Senegalese cotton goes…

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Zambia’s Hichilema Secures Second Term in ‘Messy’ Election

Lusaka — Brian Mundubile, the main challenger to President Hakainde Hichilema in the 2026 presidential election, has rejected the Electoral Commission of Zambia’s declaration of Hichilema’s victory following the vote held on August 13 (see Fides, 13 and 18/8/2026). The candidate of the National Reconciliation Party for Unity and Prosperity (NRPUP) said yesterday, August 18,…

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South Africa Takes SADC Chair Amid Push for Regional Trade

President Cyril Ramaphosa has pledged to use South Africa’s chairship of the Southern African Development Community (SADC) to deepen regional economic integration and advance resilient, sustainable and inclusive industrialisation. Accepting the SADC chairpersonship from Zimbabwean President Emmerson Mnangagwa at the 46th Summit of SADC Heads of State and Government in eThekwini on Monday, President Ramaphosa…

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Azari: “Building Africa’s Finest Address: Connecting Global Capital with Rwanda’s Real Estate Growth”

Tony Chinedu Nwulu is an investor, innovator and entrepreneur and the Founder & CEO of Azari Luxury Properties, a premium real estate development and investment company establishing its flagship African operations in Rwanda. In this interview with Business Report, Nwulu discusses Rwanda’s evolving property market, the forces driving housing demand, the opportunities for African and…

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Uranium Detected in DR Congo Cobalt Shipments to China – Report

An investigation by Lighthouse Reports, The Financial Times and Le Monde traces the possible export of uranium from the Democratic Republic of Congo back to a confidential International Atomic Energy Agency memo obtained in 2024. Chinese mining group CMOC, which owns the main site examined in Katanga, disputes the findings. Lighthouse Reports obtained a previously undisclosed internal memo from the International Atomic Energy…

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Rwanda Shuts Down Dozens of Firms in Illegal Alcohol Crackdown

The Director General of Rwanda Food and Drugs Authority, Emile Bienvenu, has been arrested alongside 17 officials over alleged offences related to production and distribution of illicit alcoholic beverages, Rwanda Investigation Bureau (RIB) said. Ten of the 18 suspects are linked to Rwanda FDA while others include a division manager from Rwanda Standards Board (RSB)…

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South African Economy Feels Cost of Anti-Immigrant Sentiment

South Africa is suffering a drop in its workforce, following the departure of thousands of foreign workers in the wake of a wave of xenophobic attacks, anti-migrant protests and intensified immigration enforcement. South African farmers are sounding the alarm – such as Lloyd Hadebe, deputy president of the Farmers’ Association in KwaZulu-Natal, the region hardest…

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