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Zambia’s Stock Market Tops the World in August on Copper Boom
📈 The Lusaka Securities Exchange All Share Index (LASI) jumped 14.3% in August, making it the world’s best-performing market for the month.
🏆 Year-to-date, LASI has risen nearly 56% in local currency and 84% in USD, second only to Ghana among dollar-based gains.
The rally is led by…
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South African Post Office Suspends Parcel Services to the US Due to New Regulations
“Given the complex processes required to comply with the new regulation, we have no choice but to temporarily suspend these shipments,” the South African Post Office (SAPO) said in a statement.
👉 This decision follows the Trump administration’s revocation of a…
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🇺🇸🇷🇼🇺🇬 African Union Body Criticizes U.S. Migration Deals with Rwanda and Uganda
The African Commission on Human and Peoples’ Rights (ACHPR) has voiced concern over new agreements under which Rwanda and Uganda will accept migrants deported from the United States.
As part of the African Union system, the Commission warned that such arrangements may…
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Canyon announces $96 million investment to launch Cameroon’s first bauxite mine by 2026
Canyon Resources has confirmed plans to begin bauxite exports from its Minim Martap project in Cameroon by 2026. The company will invest $96 million and is seeking an additional $140 million loan from AFG Bank Cameroon, along with raising AUD 25.4 million…
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US Tariff Crackdown Forces Nigeria and South Africa to Restructure Postal Systems Amid Rising Costs
Africa’s two largest economies, Nigeria and South Africa, are scrambling to adjust their postal systems in response to sweeping new tariffs imposed by the United States. The new regulations, introduced unilaterally by Washington, remove duty-free…
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