Africa StreaM

[Nyasa Times] Opposition Leader Simplex Chithyola Banda has delivered a grim assessment of Malawi's economy, telling residents of Bwaila that ordinary families are bearing the full weight of a collapsing currency, rising prices and shrinking opportunities.

[New Times] Kigali's ambition to increase public transport usage from 20 per cent to 50 per cent over the next decade will depend less on expanding bus routes and more on making public transport reliable, efficient and attractive enough to become the preferred choice for commuters.

[Vanguard] The Federal Competition and Consumer Protection Commission (FCCPC) has warned oil marketers against exploiting consumers, saying the current retail prices of petrol do not reflect the sharp decline in global crude oil prices.

[SNA] Port Sudan, June 28, 2026 (SUNA) -- Sudan and China on Sunday signed a protocol under which the Chinese government agreed to cancel part of Sudan's debt, writing off four interest-free Chinese loans owed by the Sudanese government with a total value of 344.52 million Chinese yuan (Renminbi), equivalent to approximately US$50 million.

[Premium Times] The anti-graft agency is preparing to prosecute some former and serving officials of the NNPC and contractors over alleged abuse of office, money laundering and contract fraud.

[SAnews.gov.za] South Africa has successfully concluded the 9th Summit of Heads of State and Government of the Southern African Customs Union (SACU), marking another significant milestone in advancing regional economic integration, industrialisation and sustainable development in Southern Africa.

[Capital FM] Nairobi -- The Uganda Communications Commission (UCC) says it is seeking "verified information" regarding the shutdown of Nation Media Group (NMG) outlets in Uganda following reports of a security raid allegedly sanctioned by General Muhoozi Kainerugaba, the son of President Yoweri Museveni.

[This Day] Ekpo says compressor to raise gas pressure for power generation, industries

[This Day] Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello, yesterday warned operators in the downstream petroleum sector against exploiting consumers by refusing to reflect the sharp decline in global crude oil prices in retail fuel prices.

[New Times] Six months into Kigali's new public transport model, there are encouraging signs that the city is moving in the right direction. Increased ridership, government-backed investment in buses, performance-based contracts, and a growing emphasis on technology suggest a deliberate effort to transform public transport from a fragmented business into a public service.

[New Times] The success of low-cost airlines in Africa will depend less on offering cheaper tickets and more on reducing the high costs and regulatory barriers that airlines face, according to aviation experts.

[Daba Finance] South African investment firm Stocks & Strauss closed its University Technology Fund II at ZAR400 million, or about $24 million, to back startups linked to local universities and alumni networks.

[Daba Finance] WapiPay received a Money Services Business licence from Canada's Financial Transactions and Reports Analysis Centre, giving the Kenyan-founded fintech its first licensed operating presence in North America.

[Daba Finance] Knowlix AI launched an AI-powered business platform for small companies across 29 African countries and other global markets.

[Daba Finance] Stabyl raised $2.7 million in pre-seed funding to build a foreign-exchange liquidity platform for financial institutions and payment service providers in Africa.

[Daba Finance] Flat6Labs, the International Finance Corporation and Algeria's Ministry of Knowledge Economy, Startups and Micro-Enterprises launched StartAlgeria, a programme to strengthen entrepreneur support organisations in Algeria.

[Daba Finance] Sub-Saharan Africa accounted for 86% of the global electricity access gap in 2024, with 563 million people still living without power, according to the Tracking SDG7: The Energy Progress Report 2026.

[Daba Finance] Senegal has opened the door to talks with creditors after 2 years of insisting it would repay its debt in full, marking a shift as the country seeks a new deal with the International Monetary Fund.

[Daba Finance] Niger launched a small-scale irrigation project to support tomato production, processing and food security in 3 regions. The project is financed by Italian cooperation with €3 million, or about CFA2 billion. It will run for 3 years across Dougueraoua in the Tahoua region, Tibiri Gobir in the Maradi region and the Tillabéri area.