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Date: July 13, 2025
📊 Business & Economy
🇿🇦 South Africa – African Bank to Acquire Eskom’s Lending Unit
State utility Eskom has accepted a binding offer from African Bank to acquire its lending division. The move aligns with Eskom’s strategy to streamline operations and reduce financial risk.
🇪🇹 Ethiopia – Ethiopian Stock Exchange Commences Trading
The country’s first securities exchange opened for trading with Wegagen Bank and Gadaa Bank as its initial listings, marking a milestone in Ethiopia’s capital market reforms.
🇳🇬 Nigeria – Dangote Seeks Approval for Major Seaport Project
Billionaire Aliko Dangote has applied to build a new seaport near his oil refinery and fertilizer complex in Lagos. The proposed facility could become Nigeria’s largest, enhancing industrial logistics.
🌍 Climate & Energy
🇿🇦 South Africa – Shell Greenlit for Offshore Exploration
Shell has secured approval to drill up to five deep-water wells off South Africa’s west coast, advancing energy exploration despite resistance from environmental groups.
🇰🇪 Kenya – Roam Launches E-Motorbike Financing Scheme
Electric motorcycle maker Roam has partnered with Fortune Credit to introduce a consumer financing program—its first in the region—to make e-mobility more accessible in Kenya.
🕊️ Geopolitics & Security
🇨🇫 Central African Republic – Rebel Leaders Disband Forces under Peace Deal
Leaders of two armed groups have formally dissolved their political and military operations following the enforcement of a peace accord with the central government.
🇸🇩 Sudan – ICC Flags War Crimes in Darfur
The International Criminal Court says there are “reasonable grounds” to believe that war crimes and crimes against humanity are being committed in Sudan’s Darfur region amid ongoing conflict.
💼 Tech & Infrastructure
🇿🇦 South Africa – Standard Bank Backs 400MW Wind Project
Standard Bank has completed financing for the Overberg Wind Farm in Western Cape, a renewable energy project expected to generate 400MW of electricity.
🇿🇦 South Africa – Blue Label Telecoms to Rebrand and Restructure
Blue Label Telecoms has announced a rebrand to “Blu Label” as part of a major corporate restructuring aimed at streamlining its prepaid and digital service operations.
