 Business & Macro🇧🇼 Botswana’s mining company Debswana is looking to raise money from international capital markets to fund a $6 billion plan to convert its flagship diamond mine into an underground project. 🇳🇬 Nigeria’s inflation rate fell to 22.97% in May from 23.71% in April, continuing a trend of slowing price rises since inflation data was rebased in January. Climate & Energy🇲🇬 Energy investor CrossBoundary Group and Anka, a renewable energy consultancy, will jointly finance, build, and operate a $20 million portfolio of electricity mini-grids in Madagascar. 🇬🇭 Protected wetlands in Ghana are dumping grounds for discarded garments from UK fashion brands including Next, and Marks & Spencer, an investigation by Greenpeace Africa found. Geopolitics & Policy🇹🇬 Togo suspended the operations of French media houses RFI and France24 for three months for allegedly broadcasting “inaccurate, biased” content. 🇰🇪 Kenya’s deputy police chief stepped down to allow for an investigation into a blogger’s death that has sparked protests in the country. Tech & Deals🇿🇦 Starlink wants to provide internet services in South Africa “as a legally compliant company,” it said in a letter to authorities, denying that it is pushing to be exempt from Black ownership rules. 🌍 US investor Endeavor Catalyst, whose portfolio of more than 40 African investments includes Nigerian unicorns Flutterwave and Moniepoint, is raising a $300 million investment fund. |