JPMorgan analysts warn smaller African development banks Preferred Credit Status under threat
Afrexim’s exposure to Ghana and Malawi’s governments is also at risk, although this is less certain with Ghana’s big official sector creditors reportedly wanting Afrexim to take losses but the government also approaching the IMF in support of the bank.
Breaking stalemate: How South Africa’s ANC and DA burnt midnight oil to form ‘unity’ government
While the efforts of the ANC and the DA to find broad common ground have been hailed, no one doubts them governing together long term will be complex. They disagree on many issues, including on nationalisation vs. privatisation of key sectors of the economy, on funding healthcare, on labour rights and foreign policy, where the DA has criticised the ANC’s overtly pro-Russia and pro-Palestinian stance.
South Africa’s President Ramaphosa outpolls gadfly Julius Malema after sealing ‘unity’ deal with DA to win second term
The coalition deal, referred to as a government of national unity, brings the ANC together with the DA, a white-led party that had for years been the main opposition and the fiercest critic of the ANC. At least two other smaller parties also joined the agreement.
South Africa’s ANC strikes deal for national unity government with opposition, to elect president
ANC Secretary-General Fikile Mbalula told reporters the main opposition Democratic Alliance and others had agreed on the “fundamental” principle of forming a “government of national unity” with the ANC, but he noted that finer details of the agreement had not been finalised yet.
Visa racism: Even when Africans want to visit Europe legally rejection rates remain sky-high
The disproportionate rejection rates – 10 per cent higher in Africa than the global average – hinder trade, business and educational partnerships at the expense of African economies, according to an April study from UK-based migration consultancy firm Henley & Partners.
Composition of South Africa’s unity government to be known at new parliament first sitting
Parties are under pressure to conclude negotiations by Thursday to fulfil the constitutional requirement to swear in lawmakers and elect the president within 14 days of election results being declared.
Food slaves: Since AGRA’s launch, African biodiversity has been severely lost, farmers tricked into dumping nutrient-dense, drought-resistant crops
In 1999, Monsanto’s CEO Robert Shapiro bragged that the company planned to control “three of the largest industries in the world – agriculture, food and health – that now operate as separate businesses. But there are a set of changes that will lead to their integration.” Today these chemical manufacturers control a huge percentage of the world’s food supply.
86 passengers die as 187 others swim ashore in overloaded boat on Kwa River in DR Congo
The boat was carrying 271 passengers to Kinshasa when it broke down due to an engine failure, according to the UN-backed Radio Okapi, citing Ren Maker, the water commissioner in the Mushie district where the accident happened.
Relief for South Africa ruling ANC party as IFP, DA show willingness to join unity government
Hlabisa told reporters that the IFP was willing to join a unity government that includes the ANC and the Democratic Alliance, South Africa’s main opposition party that received the second largest share of the vote.
Nativisation: South Africa ‘recalls’ isi-Zulu names to bolster protection of indigenous birds
IsiZulu is one of about 2,000 languages spoken in Africa, the overwhelming majority of which have been ignored by modern science. This can hamper research in many disciplines, including conservation science. Monitoring wild birds is a good way to gauge ecosystem health.
