Africa Finance Corporation Returns to Global Debt Capital Markets with Oversubscribed Five-Year US$500m Eurobond

Ivory Coast President Alassane Ouattara, 83, has announced his candidacy for a fourth term in the October election, citing national stability amid security and economic challenges, while claiming a new constitution reset his term limits. His decision has drawn criticism from opposition leaders, who have been barred from the race, and concerns over political polarization and past electoral violence persist as the country approaches the polls. Want More Context? 🔎

US singer Ciara has received citizenship from Benin, becoming one of the first public figures to benefit from a new law that grants nationality to descendants of slaves, aimed at strengthening ties with the African diaspora. The initiative, part of the My Afro Origins Law, symbolizes a return to roots and follows Benin's efforts to enhance cultural tourism and connections with African-Americans, highlighted by appointing filmmaker Spike Lee as an ambassador. Want More Context? 🔎

A forensic investigation into a R800 million oxygen plant tender awarded by the Independent Development Trust (IDT) has recommended disciplinary action against CEO Tebogo Malaka, general manager Molebedi Sisi, and other officials for misconduct. The findings highlight significant irregularities in the tender process, raising concerns about governance and accountability within the IDT. Want More Context? 🔎

EPAParts of the capital, Luanda, came to a standstill on MondayWhat began as a three-day strike by taxi drivers in Luanda against rising petrol prices has escalated into one of the most widespread and disruptive waves of protest Angola has seen in recent years. Thousands of people joined demonstrations in the Angolan capital on Monday that saw roads blocked, shops looted and clashes between demonstrators and police."The fuel price issue is just the last straw...

A garment factory in Lesotho faces potential shutdown due to a 50% tariff imposed by the US, which has already led to reduced working hours and pay for employees like Aletta Seleso, who struggles to support her family. The textile industry, the country's largest employer, has seen job losses, raising concerns over economic stability as the government seeks solutions to the tariff crisis. Want More Context? 🔎

Professor Susan Fawcus, a prominent figure in maternal and infant health in South Africa, has dedicated her career to reducing maternal and neonatal mortality. In a conversation with Spotlight, she reflects on her journey as a researcher and obstetrician, expressing concern over the increasing maternal mortality rates amidst current austerity measures. Want More Context? 🔎