Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating with a Change from Negative to Stable Outlook

Zambia's former Foreign Minister Joseph Malanji has been sentenced to four years in prison for corruption, having been convicted on seven counts related to acquiring properties and helicopters believed to be proceeds of crime. His co-accused, ex-treasury secretary Fredson Yamba, received a three-year sentence for improperly approving an $8 million transfer; both are among several former officials from ex-President Edgar Lungu's government facing legal issues amidst ongoing corruption concerns in the country. Want More Context?...

At least 15 people have died in a new Ebola outbreak in the Democratic Republic of Congo, confirmed by health officials in the central Kasai province, where 28 suspected cases are recorded. The World Health Organization is working to control the spread, with a stockpile of treatments including 2,000 doses of the effective Ervebo vaccine available. Want More Context? 🔎

At least 32 people died in Nigeria's Niger state when an overloaded boat carrying around 100 passengers capsized after hitting a submerged tree stump on the River Niger. More than 50 individuals were rescued, while eight remain missing; the government has initiated investigations and established a team to enforce safety regulations amid frequent boat accidents in the region. Want More Context? 🔎

Africa faces significant challenges in AI development due to the lack of data for its many languages, which are often oral rather than written. The Africa Next Voices project aims to address this by creating a dataset in 18 African languages, enabling tools that can support speakers and foster inclusivity in technology, driven by a $2.2 million Gates Foundation grant. Want More Context? 🔎

South African authorities identified "extreme poverty and a severe lack of affordable housing" as key factors in the deadly Usindiso building fire in Johannesburg in August 2023, which killed 77 people. A commission of inquiry found widespread fire-safety concerns in inner-city buildings and recommended urgent action to address long-standing housing issues, emphasizing the need for political will and resources to improve living conditions for the urban poor. Want More Context? 🔎

Egypt and Morocco are on the verge of qualifying for the 2026 FIFA World Cup, while Nigeria's chances are dwindling. The African qualifiers are heating up, with several teams vying for the remaining spots, including Cape Verde, Sudan, and Cameroon, as they navigate crucial matches in their respective groups. Want More Context? 🔎