IBOV 183,476.86 ▼ 0.27% IPSA 11,255.90 ▼ 0.39% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL5.19▼ 0.12% USD/MXN17.68▼ 0.27% USD/CLP960.63▼ 0.27% USD/COP3,293▲ 0.20% USD/PEN3.39▼ 0.67% USD/ARS1,525▲ 0.30% USD/UYU40.21▲ 3.50% USD/PYG5,870▲ 2.23% USD/BOB12.17▲ 2.05% USD/DOP59.35▲ 0.25% USD/CRC450.87▲ 2.53% USD/GTQ7.64▲ 3.22% USD/HNL26.85▲ 0.31% USD/NIO36.62▲ 2.66% USD/VES853.52▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.72% EUR/BRL5.91▲ 0.63% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 183,476.86 ▼ 0.27% IPSA 11,255.90 ▼ 0.39% IPC MEX 64,992.23 ▲ 1.13% MERVAL 2,893,751 ▼ 1.57% COLCAP 2,584.72 ▼ 0.95% BVL PERÚ 59,934.37 ▲ 1.27% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Saturday, September 26, 2026

Africa Egypt

Friday’s African Short News Roundup

By · July 26, 2024 · 3 min read

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “Europe's carbon toll is up — Africa answers with a fence”

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Explore the latest developments and insights from across the African continent.

This collection of articles brings you up-to-date information from diverse regions, highlighting significant economic, political, and social events.

Each segment is dedicated to specific parts of Africa—Northern, Western, Central, Eastern, and Southern—providing a comprehensive overview of the current landscape.

Whether it’s policy changes, economic advancements, or cultural shifts, these summaries aim to inform and enlighten readers about the dynamic and evolving nature of Africa today.

Northern Africa

Egypt: Escalating Attacks on Media Freedom

Egyptian authorities have intensified their crackdown on media freedom, rounding up journalists and cartoonists in night-time house raids.

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Friday’s African Short News Roundup.
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This has raised serious concerns about the state of freedom of expression in the country.

Morocco: Tourism Growth Forecast

Tourist arrivals in Morocco are expected to increase by 6.2% in 2024, reaching 15.4 million visitors.

This growth is supported by strong demand from European and Middle Eastern markets, despite challenges such as the devastating earthquake near Marrakech in 2023.

Western Sahara: Algerian Response to French Political Moves

Algeria has expressed deep regret and disapproval over France’s support for Morocco‘s autonomy plan for Western Sahara.

This has sparked significant diplomatic tensions, highlighting complex geopolitical dynamics in the region.

Western Africa

Ghana: $17 Million Solar Project Launch

Ghana has launched a significant solar energy project in Tema, which is expected to have a substantial socio-economic impact, including job creation and environmental benefits.

However, this project is part of Ghana‘s commitment to renewable energy under the Paris Agreement.

Asky Eyes Expansion with the New Lomé-Paris Route

Asky Airlines, based in Togo, plans to launch a new route from Lomé to Paris by the end of 2024, challenging Air Côte d’Ivoire for access to the French capital.

This development comes alongside improvements to the Lomé-Pointe-Noire service, with Asky leveraging its partnership with APG France and ongoing negotiations for aircraft acquisition.

Asky’s growth strategy also includes targeting new destinations, such as Austria and China, reflecting its aim to enhance intercontinental connections.

Central Africa

Central African Republic: Fuel Shortages Wreaking Economic Havoc

The Central African Republic is experiencing severe fuel shortages, which have significantly impacted its economy and daily life.

The IMF has intervened, calling for reforms in the hydrocarbon sector to address these challenges.

Strengthening Ties: Angola and UAE Form an Inter-Parliamentary Commission

Last week in Luanda, UAE Ambassador Salem Al Khamis Obeid announced a new initiative to boost ties with Angola through an inter-parliamentary commission.

This was revealed during a meeting with José Semedo, vice president of Angola’s 3rd committee.

The commission aims to deepen diplomatic relations, with an expected formation later this year, highlighting the robust connection between the two nations.

Eastern Africa

Kenya: Finance Bill 2024 Rejected After Protests

In Kenya, the controversial Finance Bill 2024 was nullified following public outcry and protests.

The rejection of the bill was a significant political event, reflecting public resistance to unwanted fiscal measures.

Ethiopia: Violence and Insecurity in the Oromia Region

Recent attacks in the North Shoa zone of the Oromia region in Ethiopia have resulted in civilian casualties and displaced numerous people.

The ongoing conflict has severely affected local communities, including students stranded at Salale University.

Uganda: Government Reshuffle in the Trade Ministry

President Museveni of Uganda has appointed a new caretaker for the Trade, Industries, and Cooperatives ministry, following corruption charges against the former Permanent Secretary.

Southern Africa

Namibia: The Government Uses Wildlife for Drought Relief

Namibia is implementing a novel approach to address its severe drought by donating wild animals from national parks to be used for food relief efforts.

This initiative is part of a broader strategy to manage wildlife sustainably while supporting affected communities.

South Africa: Teen Mental Health Crisis

A study in South Africa has revealed that a third of teenagers in the Western Cape are showing symptoms of depression.

This highlights the urgent need for mental health services for younger adolescents in the region.

Zimbabwe: Debt Crisis Intensifies

Zimbabwe’s total debt has escalated to US$20.5 billion, with the government increasingly resorting to local borrowing.

This situation poses serious economic challenges and has prompted critical remarks from international observers and local experts.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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