IBOV 177,310.14 ▼ 0.13% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.56% USD/MXN17.53▲ 0.81% USD/CLP947.24▲ 1.24% USD/COP3,230▲ 0.07% USD/PEN3.40▼ 0.10% USD/ARS1,487▲ 0.30% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.30% BRENT 86.92 ▼ 7.60% WTI 91.65 ▲ 5.55% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.12% GOLD 4,048 ▼ 2.38% SILVER 57.96 ▼ 3.44% SOY 1,244 ▲ 0.91% CORN 486.00 ▲ 5.19% WHEAT 699.50 ▼ 0.89% COFFEE 314.40 ▼ 0.71% SUGAR 14.76 ▲ 0.14% ORANGE JUICE 146.75 ▼ 2.36% COTTON 81.49 ▲ 2.03% COCOA 5,180 ▼ 2.78% BEEF 220.75 ▼ 1.10% CATTLE 338.68 ▼ 0.73% LITHIUM 69.37 ▲ 0.54% PETR4 43.37 ▲ 1.86% VALE3 76.89 ▲ 2.38% ITUB4 42.83 ▼ 0.16% BBDC4 18.97 — 0.00% ABEV3 16.10 ▼ 0.19% BBAS3 21.01 ▼ 0.38% B3SA3 15.76 ▼ 0.88% WEGE3 45.86 ▼ 1.88% PRIO3 61.04 ▲ 2.12% SUZB3 42.50 ▼ 0.38% RENT3 36.87 ▼ 0.73% AZZA3 17.41 ▼ 2.25% CSAN3 3.92 — 0.00% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 — 0.00% GMAT3 3.88 ▼ 0.77% PSSA3 55.46 ▲ 0.02% CVCB3 1.26 ▼ 0.79% POSI3 3.69 ▼ 0.27% SLCE3 14.01 ▲ 0.36% NATU3 8.69 ▲ 0.12% BRKM5 6.25 ▲ 2.97% RANI3 7.99 ▼ 0.13% CSNA3 5.50 ▲ 2.23% CMIN3 5.71 ▼ 2.23% USIM5 8.68 ▲ 0.35% GGBR4 24.29 ▲ 0.96% ENEV3 25.67 ▼ 1.16% CPFE3 46.43 ▼ 0.60% CMIG4 11.17 ▼ 0.36% EQTL3 38.85 ▼ 1.27% LREN3 13.47 ▼ 0.52% VIVT3 35.23 ▼ 0.42% RAIL3 13.78 ▲ 1.03% KLABIN 17.87 ▼ 0.33% RAIA DROGASIL 18.62 ▲ 1.80% RDOR3 33.70 ▼ 2.29% HAPV3 10.99 ▼ 3.51% FLRY3 16.61 ▼ 0.24% SMTO3 16.16 ▲ 0.69% UGPA3 33.21 ▲ 1.16% VBBR3 35.56 ▲ 1.66% BBSE3 42.29 ▼ 0.68% BPAC11 56.33 ▼ 1.21% CURY3 29.68 ▼ 1.72% AERI3 2.05 — 0.00% VIVARA 21.78 ▲ 1.07% COMPASS 24.94 ▲ 0.52% VAMOS 3.20 ▼ 0.93% SANB11 26.87 ▼ 0.30% ASAI3 8.25 ▼ 1.79% SBSP3 28.70 ▼ 2.01% WALMEX 47.82 ▼ 1.71% GMEXICO 213.90 ▼ 0.52% FEMSA 227.48 ▼ 0.11% CEMEX 22.05 ▼ 0.54% GFNORTE 190.70 ▼ 0.48% BIMBO 59.84 ▼ 0.76% TELEVISA 9.73 ▼ 0.92% AMX 22.77 ▲ 0.35% GAP 377.50 ▲ 0.20% ASUR 270.55 ▼ 1.09% OMA 229.60 ▲ 0.39% KOF 183.34 ▲ 0.38% GRUMA 276.24 ▼ 1.50% KIMBER 38.95 ▲ 0.33% SQM-B 66,350 ▲ 1.99% COPEC 6,500 ▼ 0.76% BSANTANDER 79.84 ▼ 0.01% FALABELLA 6,037 ▼ 0.09% ENELAM 84.71 ▲ 0.21% CENCOSUD 2,000 ▼ 0.49% CMPC 1,067 ▼ 0.27% BANCO CHILE 193.50 — 0.00% LATAM AIR 23.53 ▼ 2.32% YPF 82,500 — 0.00% GGAL 8,275 — 0.00% PAMPA 5,625 — 0.00% TXAR 668.00 — 0.00% ALUAR 974.00 — 0.00% TGS 9,905 — 0.00% CEPU 2,411 — 0.00% MIRGOR 16,925 ▲ 0.89% COME 43.14 — 0.00% LOMA NEGRA 3,810 — 0.00% BYMA 295.50 — 0.00% TELECOM ARG 4,420 — 0.00% ECOPETROL 16.81 ▲ 0.72% BANCOLOMBIA 84.76 ▲ 0.12% GRUPO AVAL 4.97 ▼ 1.39% CREDICORP 389.35 ▼ 1.10% SOUTHERN COPPER 189.17 ▼ 3.23% BUENAVENTURA 31.35 ▼ 2.31% MERCADOLIBRE 1,781 ▼ 1.04% NUBANK 14.39 ▼ 0.86% XP 17.27 ▼ 0.17% PAGSEGURO 9.54 ▼ 1.35% STONE 11.14 ▼ 1.98% GLOBANT 29.91 ▼ 2.48% TECNOGLASS 44.45 ▼ 1.70% GAP AIRPORT 216.06 ▼ 0.68% ASUR 270.55 ▼ 1.09% OMA AIRPORT 103.83 ▼ 1.44% AMX ADR 26.00 ▼ 0.46% FEMSA ADR 129.99 ▼ 0.71% CEMEX ADR 12.58 ▼ 1.10% PETROBRAS ADR 19.23 ▲ 1.80% VALE ADR 15.12 ▲ 1.83% ITAU ADR 8.43 ▼ 0.59% SANTANDER BR 5.41 ▼ 0.78% AMBEV ADR 3.14 — 0.00% CSN 1.11 ▲ 1.38% GERDAU 4.79 ▲ 0.31% LATAM ADR 50.02 ▼ 2.43% BTC 64,853 ▼ 1.89% ETH 1,899 ▼ 1.80% SOL 76.68 ▼ 1.57% XRP 1.11 ▼ 2.58% BNB 566.24 ▼ 0.79% ADA 0.17 ▼ 1.61% DOGE 0.07 ▼ 3.51% AVAX 6.43 ▼ 2.83% LINK 8.50 ▼ 1.43% DOT 0.81 ▼ 2.30% LTC 46.71 ▼ 0.77% BCH 214.34 ▼ 2.56% TRX 0.33 ▼ 0.69% XLM 0.18 ▼ 2.75% HBAR 0.07 ▼ 1.13% NEAR 1.88 ▲ 0.75% ATOM 1.44 ▼ 2.08% AAVE 96.24 ▼ 1.15% SELIC 14.25% EMBRAER 83.40 ▼ 0.47% EMBRAER ADR 65.51 ▼ 0.82% JBS 12.16 ▼ 0.73% JBS BDR 61.74 ▼ 0.10% MBRF3 16.12 ▲ 0.56% MBRFY 3.14 ▼ 1.57% INTER 5.55 ▼ 2.55% IBOV 177,310.14 ▼ 0.13% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.56% USD/MXN 17.53 ▲ 0.81% USD/CLP 947.24 ▲ 1.24% USD/COP 3,230 ▲ 0.07% USD/PEN 3.40 ▼ 0.10% USD/ARS 1,487 ▲ 0.30% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 0.30% BRENT 86.92 ▼ 7.60% WTI 91.65 ▲ 5.55% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.12% GOLD 4,048 ▼ 2.38% SILVER 57.96 ▼ 3.44% SOY 1,244 ▲ 0.91% CORN 486.00 ▲ 5.19% WHEAT 699.50 ▼ 0.89% COFFEE 314.40 ▼ 0.71% SUGAR 14.76 ▲ 0.14% ORANGE JUICE 146.75 ▼ 2.36% COTTON 81.49 ▲ 2.03% COCOA 5,180 ▼ 2.78% BEEF 220.75 ▼ 1.10% CATTLE 338.68 ▼ 0.73% LITHIUM 69.37 ▲ 0.54% PETR4 43.37 ▲ 1.86% VALE3 76.89 ▲ 2.38% ITUB4 42.83 ▼ 0.16% BBDC4 18.97 — 0.00% ABEV3 16.10 ▼ 0.19% BBAS3 21.01 ▼ 0.38% B3SA3 15.76 ▼ 0.88% WEGE3 45.86 ▼ 1.88% PRIO3 61.04 ▲ 2.12% SUZB3 42.50 ▼ 0.38% RENT3 36.87 ▼ 0.73% AZZA3 17.41 ▼ 2.25% CSAN3 3.92 — 0.00% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 — 0.00% GMAT3 3.88 ▼ 0.77% PSSA3 55.46 ▲ 0.02% CVCB3 1.26 ▼ 0.79% POSI3 3.69 ▼ 0.27% SLCE3 14.01 ▲ 0.36% NATU3 8.69 ▲ 0.12% BRKM5 6.25 ▲ 2.97% RANI3 7.99 ▼ 0.13% CSNA3 5.50 ▲ 2.23% CMIN3 5.71 ▼ 2.23% USIM5 8.68 ▲ 0.35% GGBR4 24.29 ▲ 0.96% ENEV3 25.67 ▼ 1.16% CPFE3 46.43 ▼ 0.60% CMIG4 11.17 ▼ 0.36% EQTL3 38.85 ▼ 1.27% LREN3 13.47 ▼ 0.52% VIVT3 35.23 ▼ 0.42% RAIL3 13.78 ▲ 1.03% KLABIN 17.87 ▼ 0.33% RAIA DROGASIL 18.62 ▲ 1.80% RDOR3 33.70 ▼ 2.29% HAPV3 10.99 ▼ 3.51% FLRY3 16.61 ▼ 0.24% SMTO3 16.16 ▲ 0.69% UGPA3 33.21 ▲ 1.16% VBBR3 35.56 ▲ 1.66% BBSE3 42.29 ▼ 0.68% BPAC11 56.33 ▼ 1.21% CURY3 29.68 ▼ 1.72% AERI3 2.05 — 0.00% VIVARA 21.78 ▲ 1.07% COMPASS 24.94 ▲ 0.52% VAMOS 3.20 ▼ 0.93% SANB11 26.87 ▼ 0.30% ASAI3 8.25 ▼ 1.79% SBSP3 28.70 ▼ 2.01% WALMEX 47.82 ▼ 1.71% GMEXICO 213.90 ▼ 0.52% FEMSA 227.48 ▼ 0.11% CEMEX 22.05 ▼ 0.54% GFNORTE 190.70 ▼ 0.48% BIMBO 59.84 ▼ 0.76% TELEVISA 9.73 ▼ 0.92% AMX 22.77 ▲ 0.35% GAP 377.50 ▲ 0.20% ASUR 270.55 ▼ 1.09% OMA 229.60 ▲ 0.39% KOF 183.34 ▲ 0.38% GRUMA 276.24 ▼ 1.50% KIMBER 38.95 ▲ 0.33% SQM-B 66,350 ▲ 1.99% COPEC 6,500 ▼ 0.76% BSANTANDER 79.84 ▼ 0.01% FALABELLA 6,037 ▼ 0.09% ENELAM 84.71 ▲ 0.21% CENCOSUD 2,000 ▼ 0.49% CMPC 1,067 ▼ 0.27% BANCO CHILE 193.50 — 0.00% LATAM AIR 23.53 ▼ 2.32% YPF 82,500 — 0.00% GGAL 8,275 — 0.00% PAMPA 5,625 — 0.00% TXAR 668.00 — 0.00% ALUAR 974.00 — 0.00% TGS 9,905 — 0.00% CEPU 2,411 — 0.00% MIRGOR 16,925 ▲ 0.89% COME 43.14 — 0.00% LOMA NEGRA 3,810 — 0.00% BYMA 295.50 — 0.00% TELECOM ARG 4,420 — 0.00% ECOPETROL 16.81 ▲ 0.72% BANCOLOMBIA 84.76 ▲ 0.12% GRUPO AVAL 4.97 ▼ 1.39% CREDICORP 389.35 ▼ 1.10% SOUTHERN COPPER 189.17 ▼ 3.23% BUENAVENTURA 31.35 ▼ 2.31% MERCADOLIBRE 1,781 ▼ 1.04% NUBANK 14.39 ▼ 0.86% XP 17.27 ▼ 0.17% PAGSEGURO 9.54 ▼ 1.35% STONE 11.14 ▼ 1.98% GLOBANT 29.91 ▼ 2.48% TECNOGLASS 44.45 ▼ 1.70% GAP AIRPORT 216.06 ▼ 0.68% ASUR 270.55 ▼ 1.09% OMA AIRPORT 103.83 ▼ 1.44% AMX ADR 26.00 ▼ 0.46% FEMSA ADR 129.99 ▼ 0.71% CEMEX ADR 12.58 ▼ 1.10% PETROBRAS ADR 19.23 ▲ 1.80% VALE ADR 15.12 ▲ 1.83% ITAU ADR 8.43 ▼ 0.59% SANTANDER BR 5.41 ▼ 0.78% AMBEV ADR 3.14 — 0.00% CSN 1.11 ▲ 1.38% GERDAU 4.79 ▲ 0.31% LATAM ADR 50.02 ▼ 2.43% BTC 64,853 ▼ 1.89% ETH 1,899 ▼ 1.80% SOL 76.68 ▼ 1.57% XRP 1.11 ▼ 2.58% BNB 566.24 ▼ 0.79% ADA 0.17 ▼ 1.61% DOGE 0.07 ▼ 3.51% AVAX 6.43 ▼ 2.83% LINK 8.50 ▼ 1.43% DOT 0.81 ▼ 2.30% LTC 46.71 ▼ 0.77% BCH 214.34 ▼ 2.56% TRX 0.33 ▼ 0.69% XLM 0.18 ▼ 2.75% HBAR 0.07 ▼ 1.13% NEAR 1.88 ▲ 0.75% ATOM 1.44 ▼ 2.08% AAVE 96.24 ▼ 1.15% SELIC 14.25% EMBRAER 83.40 ▼ 0.47% EMBRAER ADR 65.51 ▼ 0.82% JBS 12.16 ▼ 0.73% JBS BDR 61.74 ▼ 0.10% MBRF3 16.12 ▲ 0.56% MBRFY 3.14 ▼ 1.57% INTER 5.55 ▼ 2.55%
since 2009
Thursday, July 23, 2026

Friday’s African Short News Roundup

By · August 23, 2024 · 3 min read

Africa Intelligence

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This collection of global news highlights significant developments across various regions in Africa. In Uganda, opposition members face terrorism charges, which many view as politically motivated.

Ugandan coffee farmers grapple with new EU regulations aimed at eliminating child labor and deforestation from the supply chain.

Ethiopia’s Grand Renaissance Dam now contributes a substantial portion to the national power grid, enhancing the country’s energy exports.

In The Gambia, a controversial new draft constitution has sparked public debate due to perceived unilateral changes by the Executive.

The Democratic Republic of Congo’s copper exports reach new markets as the first shipment heads to the United States via Angola.

Friday's African Short News Roundup
Friday’s African Short News Roundup. (Photo Internet reproduction)
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Meanwhile, Sudan struggles with a severe cholera outbreak, compounding its humanitarian crisis.

Finally, Comoros celebrates its recent admission to the World Trade Organization, opening up new economic opportunities for the island nation.

EU Regulations Impact Ugandan Coffee Farmers

In eastern Uganda, the coffee farming community faces new challenges due to stringent EU regulations. These regulations aim to curb child labor and environmental damage in the coffee production process.

The EU’s Corporate Sustainability Due Diligence Directive and the European Deforestation Regulation mandate significant changes in labor practices and environmental stewardship by December 2024.

Uganda’s response includes enhancing traceability and regulation within the coffee sector, supported by an EU grant of 40 million euros.

However, these changes are controversial among local farmers, who fear the loss of traditional farming methods involving family labor.

Ethiopia’s GERD Power National Grid

The Grand Ethiopian Renaissance Dam (GERD) now contributes 17% to Ethiopia’s total power supply, according to a recent announcement by Ethiopian Electric Power (EEP).

The EEP generated over 20,000 gigawatt-hours of electricity last fiscal year, supporting both domestic needs and exports.

With ongoing power projects, the utility aims to increase its export revenues to $300 million in the upcoming year, bolstering Ethiopia’s economic stability.

Gambia’s Draft Constitution Sparks Debate

The Gambia’s 2024 Draft Constitution has ignited public outcry due to the Executive’s unilateral changes, which deviated from the previously inclusive drafting process.

Critics argue that these changes, including the removal of a key leadership and integrity clause, undermine public trust and the integrity of the draft.

However, this has escalated demands for a more transparent and inclusive approach to finalizing the constitutional document.

DRC’s Copper Exports to the US

The first shipment of copper from the Democratic Republic of Congo to the United States has departed from the port of Lobito, Angola.

Managed by the Lobito Atlantico Railway consortium, this shipment showcases an efficient westward route for Congolese minerals. It follows successful routes to Europe and Asia.

Sudan Cholera Outbreak Intensifies Crisis

Sudan faces a severe cholera outbreak, with over 658 cases and 28 deaths reported since August 12. This health crisis adds to the country’s ongoing humanitarian challenges, exacerbated by civil war and flooding.

The outbreak is particularly severe in displacement camps, highlighting the urgent need for increased healthcare and sanitation efforts amidst a complex emergency situation.

Comoros joins the World Trade Organization

After seventeen years of negotiations, Comoros has become the 165th member of the World Trade Organization.

This milestone is expected to boost the island nation’s economy by enhancing trade opportunities and attracting foreign investments.

However, experts advise pursuing economic diversification to remain competitive in the global market.

Uganda Opposition Members Charged with Terrorism

Thirty-six members of the Forum for Democratic Change (FDC), an opposition party in Uganda, will face terrorism charges. They are scheduled to appear in court on Monday.

Rights groups argue that these charges are politically motivated, stemming from the group’s participation in a training seminar in Kisumu, Kenya.

Additionally, the group and its legal representation have denied any misconduct. This is despite being deported and charged by Ugandan authorities for alleged subversive activities.

The case has sparked significant criticism of President Yoweri Museveni’s government, which has been accused of using legal action to suppress dissent.

Part of our ongoing coverage

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