Business

Ebola in DRC: Security Risks in Conflict Zones Outweigh Health Threats to Business

On 17 May, the WHO announced that a recent outbreak of Ebola disease in DRC and Uganda constitutes a public health emergency of international concern, although it does not meet the criteria for a pandemic. The ongoing outbreak, which is concentrated in the DRC’s Ituri province, is driven by the Bundibugyo strain of the virus, …

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Tanga or Mombasa? Dangote’s Refinery Gambit Tests EAC Diplomacy

On 4 May, Tanzanian President Samia Suluhu chastised her Kenyan counterpart, William Ruto, for announcing a planned oil refinery project in Tanga (Tanzania), claiming that she was not consulted. The planned refinery project is set to be funded by prominent Nigerian businessman Aligo Dangote to serve the East African Community (EAC) regional bloc. However, the …

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US Hits Kabila: Win for Tshisekedi, But M23 Withdrawal Hinges on Rwanda

On 30 April, the US sanctioned the DRC’s former President, Joseph Kabila (2001–2019), accusing him of funding the Rwanda-backed March 23 (M23) rebel group. The sanctions will boost President Felix Tshisekedi’s bargaining power, as he steps up efforts to co-opt sections of the M23 through a mix of intimidation and negotiation. This is likely to …

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Gold, guns, and patronage: Why DRC’s refinery reform may falter

On 9 April, Andre Wameso, the Governor of the Congo (DRC)’s Central Bank (BCC), announced that the BCC had received its first batch of refined gold from the country’s first gold refinery. This is part of the BCC’s first structured gold purchasing initiative, which is supposed to rely on the recently launched gold refinery in …

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Geopolitical Rivalry Opens Door for Kenya, but South Africa Holds Ground

On 26 March, French officials denied reports that they had disinvited South Africa to the upcoming G7 summit in June. They added that Kenya would be invited instead to participate in international finance reform discussions. Amid rising global geopolitical polarisation, Kenya and South Africa will face mounting pressures to align with the US and its …

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Mali’s Fuel Crisis Deal May Backfire as JNIM Gains Leverage

On 22 March, AFP reported that hundreds of Islamist fighters were released from jail in Mali’s capital, Bamako, amid negotiations between the authorities and Islamist militant group Nusrat al-Islam (JNIM). The release of the prisoners is intended to discourage further attacks by JNIM on fuel tankers and end the acute fuel shortages that have plagued …

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Denis Sassou Nguesso Set to Retain Power, but Succession Uncertainty Clouds Congo’s Stability Outlook

On 15 March, the Republic of Congo held its presidential election, amid reports of low turnout. Denis Sassou Nguesso is the clear front-runner, given the dominance of his ruling Congolese Labour Party (PCT) and the weakness of the opposition. The results are likely to be contested by the opposition, amid allegations of foul play. This …

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Africa caught in the crossfire: The ripple effects of escalating Gulf tensions

On 9 March, the AU expressed concern over recent attacks on critical energy and transport infrastructure, amid the ongoing conflict between the US/Israel and Iran. A prolonged conflict in the Persian Gulf could further expose some African countries to debt distress, as high fuel import bills hamper fiscal reforms and concessional lending. This, coupled with …

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Somaliland: Critical mineral offer unlikely to sway the US

On 21 February, Khadar Hussein Abdi, the presidency minister of the self-declared independent state of Somaliland, said that Somaliland is willing to give the US exclusive access to its mineral resources. Somaliland is hoping to capitalise on the growing desire of the US to erode China’s influence over global critical supply chains to attract US …

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