Current African News

• Nigeria: Oil Marketers Threaten Nationwide Strike

  [This Day] The Chairmen, Forum of the Independent Petroleum Marketers Association of Nigeria (IPMAN) Tuesday threated to embark on a nationwide strike over the N200 billion bridging debt owed by the government.

• Botswana: Botswana's Diamond Industry Gets Boost Amid Global Uncertainty

  [VOA] Gaborone -- Botswana's diamond trade is on the rise despite industry uncertainty over efforts to sanction Russian stones. De Beers has relocated its auctions headquarters from Singapore to Botswana, while the secretariat of the Kimberley Process, a trade regime that certifies rough diamond exports to eliminate trade in conflict gems, also moved to the African nation.

• Uganda: Govt, Islamic Development Bank Sign U.S.$295 Million Deal to Finance Roads

  [Nile Post] Finance Minister Matia Kasaijja who is attending the 2024 Islamic Development Bank Group annual meetings in Riyadh,Saudi Arabia has signed a financing agreement with the president of Islamic Development Bank Dr. Muhammad Al Jassar worth $ 295 million for upgrading of national roads.

• Liberia: Liberian Government Faces Backlash Over Ban On Unprocessed Rubber Export

  [FrontPageAfrica] Monrovia -- Representatives of the Consortium of Rubber Sector Actors of Liberia (CORSAL) and various progressive forces have expressed their dissatisfaction with the Liberian government's ban on the exportation of unprocessed rubber. The ban, enforced by Executive Order #124 issued in December 2023, has left the rubber sector in disarray, causing significant financial losses and threatening the livelihoods of many Liberians.

• Liberia: House Passes U.S.$738.8 Million National Budget

  [Liberian Observer] -- Public Administration, Education get the largest appropriations