Total grid blackout in Zimbabwe

Total grid blackout in Zimbabwe

Zimbabwe’s state power utility Zesa reported a nationwide power outage on Monday evening, saying a technical fault on its network caused the blackout at 6.24pm. Zesa said its technical teams were investigating the cause of the outage. Zimbabweans have long experience with blackouts, exacerbated by ageing equipment at power plants and foreign currency shortages that…

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Afreximbank Delivers Strong FY2025 Results – With Total Assets And Contingencies Base Of Us.5 Billion

Afreximbank Delivers Strong FY2025 Results – With Total Assets And Contingencies Base Of Us$48.5 Billion

Forward-Looking Statements African Export-Import Bank (Afreximbank) Group makes written and/or oral forward-looking statements, as shown in this release and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other members of the investment community. Statements regarding…

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Africa: Op-Ed – Three Years of Somalia’s ‘Total War’: How Mogadishu’s Al-Shabaab Offensive Unraveled

Africa: Op-Ed – Three Years of Somalia’s ‘Total War’: How Mogadishu’s Al-Shabaab Offensive Unraveled

Addis Abeba — In August 2022, President of Somalia Hassan Sheikh Mohamud announced that his administration would launch a “total war” against the Al-Qaida-linked militant group Al-Shabaab. The declaration came in the aftermath of a deadly hotel siege in Mogadishu, which left at least 21 people dead and more than 100 wounded. In his address,…

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