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Tanzanian opposition leader Tundu Lissu was sentenced to four years in jail for inciting unrest but acquitted of treason due to insufficient evidence. The High Court ruled his campaign slogan encouraged disruption of the 2025 election, and he has been granted leave to appeal. British and EU lawmakers criticized the trial as politically motivated.
Islamic State-linked Allied Democratic Forces militants killed at least 33 people and burned more than 50 homes in Cantine village, eastern Congo. Attackers set fire to a health post, forcing approximately 180 Ebola patients to flee, raising transmission concerns in North Kivu.
Tony Elumelu contends that Africa requires investment and trade rather than aid to unlock its economic potential, citing a surplus of entrepreneurial talent against a shortage of capital. He urges African pension funds and banks to finance local businesses instead of relying on external assistance or government securities.
The commentary argues that Muhoozi Kainerugaba's planned resignation from the Ugandan military signals a direct bid for the presidency, succeeding his father Yoweri Museveni. It suggests this power transition raises serious concerns regarding regional stability and democratic norms given the army chief's volatile public behavior.
The African Export-Import Bank reported a 24% increase in net income to $813 million for Q3 2026, with gross income rising 11% to $2.67 billion. Total assets grew 11.5% to $54.1 billion, supported by strong asset quality and a capital adequacy ratio of 22%, despite operating expense increases driven by inflation.
The Dangote Group is holding talks with multiple African stock exchanges to expand its $1.6 billion refinery initial public offering beyond Nigeria. However, differing regulatory requirements across these markets are complicating the process of listing the offering in multiple jurisdictions simultaneously.
Aliko Dangote has begun construction of a $2.5 billion fuel storage and pipeline network in Namibia to expand energy infrastructure across southern Africa. The investment aims to fill regional supply gaps exacerbated by the Iran war while leveraging demand from his Nigerian refinery.
Nigerian officials announced the unlocking of over $600 million in financing through the iDICE initiative to support digital and creative enterprises. Vice President Kashim Shettima urged investors to back African businesses, while Industry Minister Jumoke Oduwole emphasized that creators must formalize operations to access incentives aimed at keeping financial returns within Nigeria.
Afreximbank unveiled a $2 billion fund aimed at boosting Africa’s creative economy during the opening of CANEX WKND 2026 in Lagos. The event convened global stakeholders to discuss investment and financing opportunities within the continent's cultural sectors.
Dr Shuaib Sani Shuaib called for stronger collaboration to unlock market opportunities for African businesses at the Global Tech Africa Conference in Kano. The event highlighted challenges faced by local manufacturers, such as those in Kano's leather sector, in reaching international customers.