GovernanceHiobson/Wikimedia Commons🇺🇬 The offices of Uganda’s opposition party, the National Unity Platform, were sealed off on Monday by military and police ahead of anti-government protests planned for Tuesday. Opposition leader Bobi Wine confirmed some party officials were also arrested. 🇳🇬 Nigeria’s central bank raised its main interest rate by 50 basis points to 26.75%. It is the smallest increase yet since the bank started raising rates earlier this year to combat Nigeria’s galloping inflation and cost of living crisis. 🇿🇲 Zambia’s president fired the entire board of the country’s Anti-Corruption Commission after its members were accused of taking payments from politicians being investigated for graft in exchange for amnesty. The body’s members deny the allegations. 🇹🇳 Tunisian President Kais Saied announced his reelection bid and said he aimed “to continue the national liberation struggle” ahead of the Oct. 6 election. Opposition parties have accused his regime of stifling opponents. Geopolitics 🇸🇴 🇹🇷 Turkey is set to send navy support to Somalia after Ankara announced an exploration vessel would be sent off the Somali coast to prospect for oil and gas. 🇿🇼 🇺🇸 The US will rejoin debt resolution talks between Zimbabwe and its lenders over $17 billion in debt and arrears when the government implements democracy and governance reforms, its ambassador to Zimbabwe said. The US withdrew from the talks after last year’s disputed election. Commodities 🇿🇦 South Africa’s Anglo American Platinum expects its demerger from parent company Anglo American to be completed in 2025, its CEO said on Monday. He said Amplats is also planning a secondary listing in London. 🇳🇬 Nigeria’s Dangote refinery is in talks with Libya to import crude oil, a senior executive told Reuters. The 650,000 barrels per day refinery has imported crude from as far afield as Brazil and the US since opening in January. Deals 🇿🇦 French media conglomerate Vivendi Group said on Monday that it would pursue a listing of its pay-TV business Canal+ on the London Stock Exchange “to reflect the company’s international dimension.” Canal+ is in the process of fully acquiring South Africa’s MultiChoice Group. 🇸🇱 Infinity Power, a joint venture between Egyptian renewables firm Infinity and UAE-owned energy company Masdar, signed a memorandum of understanding with Sierra Leone’s government to develop 1 gigawatt of renewable energy capacity in the country by 2033. |