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Zuma challenges the ANC in his base | Article Preview

With the ex-president as a figurehead, the uMkhonto we Sizwe party threatens the ruling party’s national prospects , The complex arithmetic between provincial and national votes means that former President Jacob Zuma's new party could wreck the ruling African National Congress's (ANC) chances of scraping a narrow majority in the elections on 29 May. Instead, it could be forced into choosing some unpalatable partners to assemble a shaky national coalition.


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Keeping it in the family | Article Preview

, When President William Ruto recalled Peter Mathuki as Secretary-General of the East African Community (EAC) in March, it looked like a characteristically decisive move to nip a diplomatic embarrassment in the bud.


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Yellowcake woes | Article Preview | Africa Confidential

, Junta leader General Abdourahamane Tiani has fallen out with companies promoting potential uranium mines over the pace of their development.


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After the general crashes, a reshuffle | Article Preview

Francis Ogolla was an unlikely pick as military chief by President Ruto. His untimely death could allow Ruto to handpick his own securocrats, The death of General Francis Ogolla, the Commander of the Kenya Defence Forces, on 18 April, prompted an outpouring of eulogies across party lines that was exceptional even by Kenyan standards. Ogolla was killed, along with nine other senior officers, when his KDF helicopter crashed in Sindar, Elgeyo-Marakwet County, in the Northern Rift.


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Cardoso plans a brave new banking world | Article Preview

Tough new capital requirements by the central bank will mean fewer but busier commercial banks, An improbable revolutionary, central bank governor, Olayemi Michael Cardoso, could preside over the biggest shake-up of Nigeria's financial sector for decades. His announcement last month of tough new minimum capital requirements on the country's banks will force a spate of mergers and acquisitions across the board.


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Washington targets Mnangagwa for rights abuses and corruption but sends mixed messages | Article Preview

More focused US sanctions against ZANU-PF leaders will still deter investors – along with the regime's bad policies, On the sidelines of the IMF and World Bank meetings in Washington on 19 April, Finance Minister Mthuli Ncube said he had asked United States Treasury officials to let the country's investment banks know that Zimbabwe was 'open for business'. That was the slogan that Emmerson Dambudzo Mnangagwa used to burnish his credentials with diplomats and companies in the aftermath of the coup d'etat that ousted Robert Gabriel Mugabe in November 2017.


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Will Senegal's President Faye lead West Africa out of France's monetary zone? | Article Preview

The new political leaders in Dakar are promising jobs, growth and radical reform for the region's monetary system, Plans to rename the CFA franc, the next stage of regional currency reform, were derailed at the last minute by the July 2023 military coup that deposed Niger's President Mohamed Bazoum, Africa Confidential has learned.


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After the pandemic panic, Big Pharma exits Africa | Article Preview

Moderna's mothballing of a $200m vaccine plant has prompted a backlash from politicians and health professionals, When United States' pharmaceutical giant Moderna halted plans for a US$200 million vaccine factory near Nairobi it dealt a double-blow: to Kenya's ambitions as a healthcare manufacturing hub and Africa's hopes of vaccine self-sufficiency to manage future pandemics.


United-kingdom , Kenya , Nairobi , Nairobi-area , United-kingdom-european-union , Africa-confidential , United-state , Account-credit , European-union ,

Shaky new ZiG money undermines IMF talks | Article Preview

Mounting doubts on the credibility of the latest currency relaunch and politicisation of economic policy, The chances of Finance Minister Mthuli Ncube and new Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu making progress in talks for a staff-monitored IMF programme in Washington DC on 15 April have been scuppered by the chaos caused by the introduction of the new ZiG currency a week earlier.


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Coalition talks divide ANC leaders | Article Preview

South African and African National Congress (ANC) President Cyril Ramaphosa has proposed to the party's National Executive Committee (NEC) that it consider going into opposition if it fails to secure a majority in the elections in May, instead of forming coalitions, political sources told Africa Confidential.
, South African and African National Congress (ANC) President Cyril Ramaphosa has proposed to the party's National Executive Committee (NEC) that it consider going into opposition if it fails to secure a majority in the elections in May, instead of forming coalitions, political sources told Africa Confidential.


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