HARARE-Zimbabwean President Emmerson Mnangagwa, has assumed COMESA Chairmanship taking over the from Kenya’s President William Ruto at the 25th Heads of State and Government Summit held in Harare today In his acceptance speech,President Mnangagwa , called for accelerated modernisation and industrialisation to drive economic growth and raise living standards across the region. “The COMESA region must be modernised and industrialised through individual and collective efforts

HARARE —Zimbabwe's President Emmerson Mnangagwa has challenged businesses across the Common Market for Eastern and Southern Africa (COMESA) to ditch raw commodity exports in favour of value addition. President Mnangagwa was speaking at the opening of the 19th COMESA Business Forum in Harare on Tuesday. He rallied investors to pour capital into manufacturing, mineral beneficiation and cross-border supply chains to unlock the region’s economic potential. “Private sector p

Niger has issued Chinese oil companies with a 45-days ultimatum to address alleged breaches of their petroleum agreements, including the repatriation of more than $5.2 billion in crude oil export revenue, as the military-led government escalates pressure on its biggest oil-sector partner. Niger Foreign Minister Bakary Yaou Sangaré announced the deadline on state television on Wednesday, after a recent review of the commitments agreed with China National Petroleum Corporat

South Africa and China have inaugurated a joint research centre to deepen academic cooperation on development, digital transformation and industrial modernisation across Africa and the wider Global South. The South Africa China-Africa Research Center was inaugurated recently at South Africa’s National School of Government (NSG) in Pretoria, alongside a seminar titled “The Global South Working Together to Build a Community with a Shared Future for Humanity”. According to Daily

Ethiopia has opened its first gold refinery in Addis Ababa which has capacity of more than 600 tonnes of precious metals a year. The National Precious Metals Refinery has a shareholding threshold of 51% (Ethiopian Investment Holdings) and Sam Precious Metals holds 49 percent. Speaking at the inauguration,Prime Minister Abiy Ahmed. “The primary objective is to gradually reduce and replace the practice of exporting raw materials,"said Ahmed. In 2025/26 fiscal year ,gold earne

Thirteen new World Food Forum (WFF) National Youth Chapters in Africa have been set up to add to the growing network of young leaders working to transform agrifood systems across the continent. The new chapters are from Benin, Botswana, Burundi, Comoros, Democratic Republic of Congo, Eswatini, Gabon, Lesotho, Namibia, Nigeria, São Tomé and Príncipe, Senegal and Togo. They bring the total number of National Youth Chapters in Africa to 33. Speaking at the launch during the G

Zimbabwe’s exports to China rise in the first seven months of 2026, driven by lithium, steel and horticultural products Zimbabwe’s exports to China surge 142.4 per cent to US$1.44 billion in the first seven months of 2026, according to figures from China’s Ministry of Commerce cited byThe Herald, a TV BRICS partner. China’s share of Zimbabwe’s total exports rises from 12.5 per cent to 19.6 per cent. A newly signed phytosanitary protocol further opens the Chinese market to Zim

JOHANNESBURG, South Africa – Zimbabwean parliamentarians, including Senator Maybe Mbohwa, are attending the Standing Committee Session ahead of the 60th Plenary Assembly of the Southern African Development Community Parliamentary Forum (SADC PF), being held in Johannesburg from October 12 to 15, 2026. The four-day meeting is focusing on strengthening parliamentary leadership in translating regional commitments into national laws and policies, with particular emphasis on regio

The committee’s announcement of the 125th Nobel Peace Prize, made on Friday in Oslo, said the award would go to the South African jurist for her work to promote peace and international law. “At a time of existential challenges – including more wars and conflicts than the world has seen in a long time – international law is no longer just a supplement to peace and security. It is an absolute necessity,” the committee said in a statement. Committee Chairman Jorgen Watne Frydnes

SINGAPORE -Lewis HamiltonandMax Verstappenhave welcomed the prospect of Formula 1 returning to Africa amid growing speculation that Rwanda could host a grand prix in the 2030s. Rwanda has emerged as a leading contender to bring F1 back to the continent for the first time since 1993, with discussions over a potential race continuing, sources have told ESPN. South Africa has also been pushing to secure a return race, but its sports minister Gayton McKenzie appeared to acknowle

Zimbabwean business tycoon and Zanu PF Senator Dr Kudakwashe Tagwirei has been appointed Minister of Economic Development and Investment Promotion by President Emmerson Mnangagwa, with immediate effect. The announcement was made this evening by Chief Secretary to the President and Cabinet, Dr Martin Rushwaya. Professor Mthuli Ncube has been reassigned as Minister of Finance. The appointment of Dr Tagwirei is expected to strengthen the Government’s efforts to accelerate econom

HARARE-Zimbabwean business tycoon and Zanu PF Senator Dr Kudakwashe Tagwirei has launched a US`$500,000 Youth Innovation Fund to provide financial support to young entrepreneurs and help turn innovative ideas into viable businesses. The fund was launched at the Harare City Centre SDA Church during the Marketplace for the Master Business Seminar, where Tagwirei delivered the keynote address and other speakers included Fossil CEO Obey Chimuka,businessman-cum-gospel musician

The African Union (AU) is set to launch the Africa Credit Rating Agency (AfCRA) today in a bid to bring a deeper understanding of African economies and markets to the global credit ratings landscape. Global Trade Review reports that the new agency will focus on strengthening Africa’s financial architecture and closing data gaps to make sure that African firms are “assessed fairly in international financial markets”. It will be self-funded and independent, and cover sovereign

English Premiership League(EPL) giants,Liverpool, have opened a third retail store in Durban, South Africa and one of its top officials praised the club for its faith in Africa. Speaking at the official opening of the store,Lee Dwerryhouse, senior vice-president of merchandising at LFC, said, “South Africa has a huge and incredibly passionate community of Liverpool FC supporters, and we’re really pleased to be opening our third store in the country in just six months. “Hav

African leaders accross the continent have renewed their commitment to accelerating continental integration, strengthening regional cooperation and advancing Agenda 2063 following the conclusion of the Eighth African Union (AU) Mid-Year Coordination Meeting (MYCM) on Sunday in El-Alamein, Arab Republic ofEgypt. The meeting was hosted by Egyptian President H.E. Abdel Fattah El-Sisi and it brought together Heads of State and Government, leaders of the African Union Commission

RABAT, MOROCCO — Morocco’s national football team, the Atlas Lions, have officially broken into the world’s elite top five, rising to fifth place in the live FIFA Men’s World Rankings. The historic achievement makes Morocco only the second African nation to reach the FIFA men’s top five, after Nigeria’s Super Eagles achieved the feat in April 1994. Morocco’s rise follows Brazil’s 1–1 draw against Australia, which saw the North African side climb to 1,808.18 points, leapfroggi

A Canadian-Haitian novelist Thélyson Orélien who had been in the running to win a top French literary prize was struck off the list after it emerged he used AI to entirely write a book. The organisers of France’s most prestigious literary prize confirmed on Friday the removal of a critically acclaimed novel by a Canadian-Haitian writer from the longlist after an anonymous online account claimed the book was “almost entirely” written by AI. The Académie Goncourt said the dec

Lamu,Kenya-The ground-breaking ceremony of the $16 billion Kenyan oil refinery courtesy of Dangote Investments was held today. Nigerian business tycon Aliko Dangote has set an ambitous target of Africa being fuel self-sufficient by 2030. He was speaking at the ground-breaking ceremony of his company's $16 billion Kenyan oil refinery held today. "By 2030, the majority of African countries will be self-sufficient. It does not matter where it is refined, but it should be in t

Zimbabwe President Emmerson Mnangagwa has revealed that the southern Africa country's agriculture sector has recorded a "phenomenal 27,9 percent growth" since January. President Mnangagwa further said that this significant growth garnered 2.2 percentage points to the country’s 8.3% GDP growth. He also commended on the prevailing economic stability which he attributed to government's sound fiscal policies. "The country has achieved sustained macro-economic stability over a c

Captain Ibrahim Traoré has insisted on state control over Burkina Faso's natural resources Burkina Faso has opened its first gold refinery as the military-led government seeks to process more of the country's mineral wealth at home and tighten its control over one of its most important industries. Junta leader Ibrahim Traoré said the move was part of a wider effort to end the country's reliance on exporting raw materials for processing abroad. "We want to refine all our metal