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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.

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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.

    World Leaders Attend Major Summit To Deliberate on Ukraine Peace Proposal

    World Leaders Attend Major Summit To Deliberate on Ukraine Peace Proposal

    World leaders at the Ukraine summit for peace in Switzerland are exploring ways of ensuring the security of nuclear sites and of Ukraine's food exports. They are seeking to adopt a final communique which blames the war's widespread suffering and destruction firmly on Russia, which Kyiv would regard as a success. But Austria's leader has said that the declaration is not expected to gain unanimous support from participants. More than 90 countries and international organisations are attending the summit, aimed at creating the broadest possible backing for a process that could help end the war in Ukraine. Russia has not been invited, and its biggest backer China is not present, leading some to cast doubt on the summit's effectiveness. The draft final document, seen by Reuters news agency, calls for Ukrainian control to be restored over the Zaporizhzhia nuclear power plant and the country's ports on the Azov Sea, all currently occupied by Russia.

    • 1 min
    Israel Announces Military Pause On Gaza Road to Let in Aid

    Israel Announces Military Pause On Gaza Road to Let in Aid

    The Israeli military says it will hold a daily "tactical pause of military activity" along a road in southern Gaza to enable more humanitarian aid to enter, but emphasised that there is no ceasefire and combat would continue in Rafah. They will only affect a route that leads northwards from the key Kerem Shalom crossing, which Gaza shares with Israel. Aid agency ActionAid told the BBC it was getting a "confused" picture over what the pauses mean. Israel has been under continuous pressure from its allies, including the US, to prevent the humanitarian crisis in Gaza from worsening. The Israel Defense Forces says Sunday's announcement follows "additional related discussions with the UN and international organizations". The IDF clarified that there is no ceasefire in the southern Gaza Strip, and fighting would continue in Rafah.

    • 1 min
    Toppled Niger President Loses Immunity

    Toppled Niger President Loses Immunity

    A democratically elected president who was kicked out of power by the military a year ago should now lose his immunity from prosecution, Niger's top court has ruled. That decision by the newly created body clears the way for Mohamed Bazoum, 64, to be tried by a military court. He and his wife Hadiza have been detained in the president palace without a telephone since the coup last July. Since then, Niger's new military leaders have brought in drastic policy changes - including severing defence and diplomatic ties with former colonial power France and pivoting towards Russia. The ruling junta in the capital, Niamey, has been legally empowered to prosecute him on charges of treason, undermining national security and financing terrorism. Mr Bazoum's lawyers have called the process a "travesty" and withdrew from a hearing last week.

    • 1 min
    South Africa's Top Ruling Parties Agree On Unity Government

    South Africa's Top Ruling Parties Agree On Unity Government

    South Africa's governing African National Congress (ANC) and the main opposition Democratic Alliance (DA) have agreed to form a government of national unity, along with two smaller opposition parties. This follows weeks of speculation about who the ANC would partner with after losing its parliamentary majority for the first time in 30 years, in last month's elections. It got 40% of the vote, while the DA came second with 22%. The agreement paves the way for ANC leader Cyril Ramaphosa to remain president. ANC secretary-general Fikile Mbalula says the coalition deal is on track and that the agreement with opposition parties is a "remarkable step". DA leader John Steenhuisen said the deal was a "new chapter in our history".

    • 1 min
    Dangote Refinery Plans 5.3billion Litres Fuel Storage

    Dangote Refinery Plans 5.3billion Litres Fuel Storage

    The President of the Dangote Group, Alhaji Aliko Dangote, says it is expanding the storage capacity of his refinery by 600 million litres. He says This will enable the refinery to have a storage capacity of 5.3 billion litres. The Dangote Petrochemical Refinery currently has 4.78 billion litres of storage capacity for refined petroleum products. Dangote alleged that international oil companies refused to sell crude oil to his refinery because they did not want him to succeed. The business mogul said the refinery would be a strategic reserve for refined products. Dangote asked the Federal Government to enforce regulations stopping the importation of dirty fuels.

    • 1 min
    Cholera Kills 15 In Lagos, 350 Suspected Cases Recorded

    Cholera Kills 15 In Lagos, 350 Suspected Cases Recorded

    Cholera has killed 15 persons in Lagos State with 350 suspected cases reported in the state. The Lagos Ministry of Health says there are 17 confirmed cases of cholera in the state. Lagos State Commissioner for Health Professor Akin Abayomi revealed that 350 suspected cases of cholera were reported in 29 wards across multiple LGAs in Lagos State with 17 confirmed cases and 15 fatalities so far. The health commissioner says the laboratory investigation and test results have confirmed Cholera sub-type O-1. This subtype is associated with more severe disease. According to our ongoing surveillance and monitoring updates, the pattern of new cases per day varies across LGAS. He says there is a need for residents to adhere strictly to precautionary, personal, and environmental hygiene measures.

    • 1 min

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