ARC Briefing

ARC Chronology

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18 Jun 2018 Antananarivo (Madagascar) ESI Africa. The World Bank approves an International Development Association credit of $40m to improve Madagascar’s electricity sector operations;

17 Jun 2018 Damboa (Nigeria) Al Jazeera. Suspected Boko Haram fighters kill 31 people in Borno State;

17 Jun 2018 Addis Ababa (Ethiopia) EWN. The United Arab Emirates pledges $3 billion in aid and investments to Ethiopia;

17 Jun 2018 Lomé (Togo) Al Jazeera. Opposition parties call for a sit-at-home protest to demand an end to Gnassingbe family rule and for a two-term limit for presidents;

16 Jun 2018 Johannesburg (South Africa) MoneyWeb. Mining minister Gwede Mantashe plans to raise black ownership to 30% by 2023, according to latest mining charter draft;

16 Jun 2018 Kinshasa (DRC) Reuters. Parliament plans to consider special legislation to provide legal protection for former presidents, a further sign President Joseph Kabila plans to step down;

16 Jun 2018 Harare (Zimbabwe) New Zimbabwe. Opposition leader Nelson Chamisa registers the Movement for Democratic Change (MDC) Alliance as a political party due to a challenge by a splinter group of the original MDC;

16 Jun 2018 Mogadishu (Somalia) Reuters. President Abdullahi Farmaajo and Ethiopian prime minister, Abiy Ahmed, jointly invest in four seaports to attract foreign investment;

15 Jun 2018 Johannesburg (South Africa) EWN. Ratings agency Fitch affirms South Africa’s rating unchanged at BB+ with a stable outlook;

15 Jun 2018 Lusaka (Zambia) africanews. Health minister Chitalu Chilufya declares the cholera outbreak contained;

15 Jun 2018 Luanda (Angola) AFP. Prosecutor Pedro Pederneira seeks the conviction of Angolan rights activist Rafael Marques for accusing a former attorney-general of corruption;

15 Jun 2018 (United States) FT. The United States treasury department places 14 companies with ties to Dan Gertler on a sanctions list, including Ventora, a company that will receive royalty payments from Glencore for mining operations in the Democratic Republic of the Congo;

15 Jun 2018 Maputo (Mozambique) Engineering NewsUnited Kingdom-based Centrica and Japan-based Tokyo Gas agree to purchase liquefied natural gas from United States-based Anadarko Petroleum;

15 Jun 2018 Addis Ababa (Ethiopia) Al Jazeera. Prime minister Abiy Ahmed pardons 304 prisoners, including 289 convicted on terrorism charges, in ongoing reforms to end the political crisis;

14 Jun 2018 Johannesburg (South Africa) City PressNational Union of Metalworkers of South Africa and National Union of Mineworkers protests affect six Eskom power plants, leading to blackouts in parts of South Africa;

14 Jun 2018 (Belgium) News24. Foreign minister Didier Reynders, states that Belgium is prepared to accept former Democratic Republic of the Congo (DRC) vice-president, Jean-Pierre Bemba, following Bemba’s release from the International Criminal Court detention centre;

14 Jun 2018 Kinshasa (DRC) FTSwitzerland-based mining company, Glencore, agrees to pay Dan Gertler the money owed to him from copper and cobalt mines in the DRC to avoid a legal dispute;

14 Jun 2018 Lusaka (Zambia) Reuters. Finance minister Margaret Mwanakatwe delays all planned borrowing indefinitely to slow down the accumulation of new debt;

14 Jun 2018 Addis Ababa (Ethiopia) africanews. Ruling coalition member, the Tigray People’s Liberation Front, criticise the government’s decision to accept the Algiers Agreement, which relinquishes territory to Eritrea;

14 Jun 2018 Kampala (Uganda) Daily New Vision. Army general, Kale Kayihura, is arrested on suspicion of killing of senior police official, Andrew Felix Kaweesi, in 2017;

14 Jun 2018 Nairobi (Kenya) Reuters. Finance minister Henry Rotich proposes repealing the cap on commercial lending rates which will allow banks to provide more credit, as well as a ‘Robin Hood’ tax of 0.05% on any bank transfer above 500,000 Kenyan shillings ($5,000);

14 Jun 2018 Harare (Zimbabwe) Al Jazeera. President Emmerson Mnangagwa and opposition leader Nelson Chamisa register as candidates for the presidential election on 30 July;

13 Jun 2018 Windhoek (Namibia) Business Day. The central bank keeps the key interest rate at 6.75% to maintain the peg with South Africa’s rand and to safeguard foreign currency reserves;

13 Jun 2018 Windhoek (Namibia) Reuters. South Africa-based telecommunications company, MTN Group, aims to launch a mobile service in Namibia by the end of August;

13 Jun 2018 Kinshasa (DRC) Bloomberg. The head of the Grand Inga III project, Bruno Kapandji, states that work on the delayed 4,800 megawatt hydropower project will start in 2018;

13 Jun 2018 Bulawayo (Zimbabwe) NewsdayZambia-based Chingases Ltd plans to invest $15m in gas production plants;

13 Jun 2018 Harare (Zimbabwe) IOL. South Africa-based resource group, Tharisa, acquires a 26.8% stake in Karo Mining Holdings, which gives Tharisa access to almost 24,000 hectares of potential platinum mining in Zimbabwe’s Great Dyke;

13 Jun 2018 Accra (Ghana) Business InsiderUnited States-based internet company Google plans to open an artificial intelligence research centre in Accra;

13 Jun 2018 Abuja (Nigeria) This Day. President Muhammadu Buhari signs the 2018 Appropriation Bill, which authorises the expenditure of the government’s budget;

13 Jun 2018 Lagos (Nigeria) National Bureau of Statistics. Inflation drops to 11.61% in May, the lowest level in two years and the 16th straight monthly drop;

13 Jun 2018 Juba (South Sudan) Reuters. Rebel leader, Riek Machar, accepts an invitation from Ethiopianprime minister Abiy Ahmed to hold peace talks with South Sudanese President Salva Kiir in Addis Ababa;

12 Jun 2018 Windhoek (Namibia) The Namibian. Land reform minister, Utoni Nujoma, apologises for remarks that the government would not give land to people from ‘informal settlements’ who could not run ‘expensive farms’;

12 Jun 2018 Nairobi (Kenya) Straits Times. Secretary of the treasury, Henry Rotich, signs a bilateral investment treaty and a double taxation treaty with Singapore to promote greater investment flows;

12 Jun 2018 Badme (Ethiopia) News24. Residents of Badme, on the border between Ethiopia and Eritrea, protest over prime minister Abiy Ahmed’s move to accept the 2002 demarcation, in which Badme would become part of Eritrea;

12 Jun 2018 Abuja (Nigeria) IOL. The Abuja high court finds former state governor and current senator, Joshua Dariye, guilt of misappropriation of $8.5m and sentences Dariye to 14 years in prison;

12 Jun 2018 Malabo (Equatorial Guinea) News24. President Teodoro Obiang Nguema calls for national dialogue and political interaction after another coup attempt in December;

12 Jun 2018 Nouakchott (Mauritania) Asharq Al-Awsat. President Mohamed Ould Abdelaziz appoints Ismail Ould Cheikh as foreign minister in a cabinet reshuffle;

12 Jun 2018 Johannesburg (South Africa) Reuters. The International Monetary Fund states that South Africa needs to articulate its land reform plans to clear investor uncertainty;

12 Jun 2018 The Hague (Netherlands) Al JazeeraInternational Criminal Court judges order the interim release of former Democratic Republic of the Congo (DRC) vice-president, Jean-Pierre Bemba;

12 Jun 2018 Kinshasa (DRC) Al Jazeera. The prime minister, Bruno Tshibala, reiterates that President Joseph Kabila will not seek a third term in the December presidential elections;

12 Jun 2018 Kinshasa (DRC) NasdaqChina-based state owned company, CITIC, states it would pay $555m for 20% of Canada-based mining company, Ivanhoe Mines, which has major operations in the Democratic Republic of the Congo (DRC);

11 Jun 2018 Johannesburg (South Africa) Bloomberg. State-owned port and freight operator, Transnet SOC Ltd, reportedly wasted up to 16 billion rand ($1.2 billion) when it altered the terms of a 2017 deal to purchase 1,064 locomotives from China South RailChina North RailGeneral Electric and Bombardier Inc;

11 Jun 2018 Luanda (Angola) Times LiveAngola-based diamond mine, Catoca, estimates a $464m loss since 2012 due to a government-imposed marketing system that forced Catoca to sell below international prices;

11 Jun 2018 Antananarivo (Madagascar) Reuters. President Hery Rajaonarimampianina names a new cabinet after the supreme court ordered Rajaonarimampianina to do so to end the political crisis;

11 Jun 2018 Goma (DRC) IOL. Opposition leaders and human rights groups call for an investigation into the murder of pro-democracy and critic of President Joseph KabilaLuk Nkulala;

11 Jun 2018 The Hague (Netherlands) BBC. Lawyers representing former DRC vice-president, Jean-Pierre Bemba, call for his immediate release after an appeals court overturned his International Criminal Court 2016 conviction;

11 Jun 2018 Harare (Zimbabwe) The StandardMDC Alliance leader Nelson Chamisa refutes claims that former first lady Grace Mugabe will be part of the opposition coalition;

11 Jun 2018 Harare (Zimbabwe) Reuters. Parliament recuses former President Robert Mugabe from appearing at a committee investigating $15 billion in missing diamond revenue;

11 Jun 2018 Harare (Zimbabwe) Engineering News. China-based Tsingshan Holding Group signs a $1 billion agreement to build a steelmaking plant in Zimbabwe;

11 Jun 2018 Lusaka (Zambia) ReutersIndia-based mining company, Vedanta Resources, plans to double copper production to 200,000 tonnes per year at its Konkola Copper Mine;

11 Jun 2018 Nairobi (Kenya) Eyewitness News. India-based telecommunications company, Bharti Airtel, abandons plans to merge with Telkom Kenya to take on sector leader, Safaricom;