 Business & Macro🇿🇦 South Africa’s Standard Bank obtained a license to process interbank transactions between Africa and China using the Chinese renminbi currency on China’s Cross-Border Interbank Payment System. Climate & Energy🇳🇬 Nigeria’s oil regulator is set to impose a new real-time tracking system that will require oil producers to provide more comprehensive information on their export cargo. Geopolitics & Policy🌍 The Trump administration’s plan to halve funding to the President’s Malaria Initiative could see more than 13 million extra malaria cases in Africa in 2025, a study published in The Lancet said. 🇿🇦 Julius Malema, leader of South Africa’s hard left Economic Freedom Fighters party, has been barred from entering the UK for being “non-conducive to the public good.” 🇨🇩 DR Congo’s Justice Minister Constant Mutamba, under investigation for allegedly embezzling $19 million, resigned but blamed Rwanda for his legal troubles. 🇷🇼 Rwandan opposition leader Victoire Ingabire was arrested by the government for allegedly “engaging in acts that incite public disorder.” Tech & Deals🇿🇦 Africa Data Centres entered a commercial partnership with South African tech company Blue Turtle to deploy colocation and cloud computing services in Cape Town and the Midrand district of Johannesburg. 🌍 Africa-focused stablecoins startup Yellow Card and US card payments provider Visa will jointly explore stablecoin use cases in emerging markets with a view to enabling faster digital payments. |