Aliko Dangote Seals $1 Billion Investment Deal to Boost Zimbabwe’s Industrial Sector

In a landmark move set to transform Southern Africa’s industrial landscape, Nigerian billionaire Aliko Dangote has signed a US$1 billion investment agreement with Zimbabwe. The ambitious project includes the construction of a fertiliser plant and a 2,000 km pipeline stretching from Namibia’s Walvis Bay, through Botswana, to Bulawayo, Zimbabwe’s second-largest…

U.S. Flight Cancellations Surge Amid Government Shutdown, Threatening Wider Economic Impact

U.S. airlines cancelled over 2,500 flights this past weekend as the Federal Aviation Administration (FAA) enforced air traffic reductions amid the ongoing federal government shutdown, with no immediate resolution in sight. While the disruptions at the country’s busiest airports have not yet caused widespread chaos, the cancellations have compounded the…

Kenyan Manufacturers Warn Regional Unrest Threatens East Africa’s Economic Stability

Kenyan manufacturers have expressed growing concern over rising instability in neighboring countries, warning that ongoing unrest could jeopardize East Africa’s economic resilience and regional trade integration. Speaking during an interview on Tuesday, November 4, 2025, the Kenya Association of Manufacturers (KAM) Chief Executive Officer Tobias Alando cited the recent internet…

KRA Intensifies Marine Surveillance on Lake Victoria to Curb Smuggling and Boost Legitimate Trade

The Kenya Revenue Authority (KRA) has stepped up its marine surveillance operations on Lake Victoria as part of a renewed effort to curb smuggling, enforce customs regulations, and promote lawful trade within the region. According to Dominic Chengara, the Western Regional Head of KRA, the marine unit operates under the…

US and China Reach Preliminary Framework for New Trade Deal Ahead of Leaders’ Meeting

The United States and China have reached an initial framework for a potential trade agreement, setting the stage for detailed discussions between Presidents Donald Trump and Xi Jinping later this week, according to US Trade Secretary Scott Bessent. Speaking to CBS, Bessent said the framework includes progress on several major…