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Semafor Africa
🟡 Semafor Africa: ‘Not an endorsement’
In this edition: South Africa’s MTN overhauls its strategy, Bobi Wine flees Uganda, and growing resource nationalism.
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Mineral exports curbs across Africa upend Chinese supply chains
The restrictions have squeezed Chinese refineries — the world’s biggest — forcing many to draw from domestic stockpiles.
Raw copper from Zambia awaits export in a warehouse in Durban. Rogan Ward/File Photo/Reuters.
Opposition leader Bobi Wine flees Uganda
Wine said he was escaping the government’s attempt to capture him following his criticism of recent election results.
Bobi Wine and his wife, Barbie Kyagulanyi. Michel Lunanga/Getty Images.
South Africa’s MTN revamp strategy neglects Iran assets
Iran remains one of MTN’s most valuable assets, where it has a 49% stake in the major telecoms company, Irancell.
Iranian policemen on their phones, 2025. Morteza Nikoubazl/NurPhoto via Getty Images.
South Africa’s Transnet in critical loan talks
The state-owned freight company is preparing to refinance this year.
A Transnet freight train stands idle. Per-Anders Pettersson/Getty Images.
Why the Horn of Africa could become the next front in the Iran war
Strategic bases and Red Sea trade routes are putting the region in the crosshairs as the Middle East conflict widens.
The Galaxy Leader cargo ship, seized by Houthi fighters two days earlier. AFP via Getty Images.
US eyes rebuilding relations with West African juntas
The Trump administration says its outreach is “pragmatic” as critics question the lack of democracy support.
Mahamadou Hamidou/Reuters
Washington designates Sudan militia foreign terrorist organization
The move is widely seen as a win for the United Arab Emirates, which has long claimed the Sudanese Armed Forces’ Islamist allies are extremists.
Ghana’s fugitive ex-finance minister eyes US residency
Corruption charges have been levelled at Ken Ofori-Atta by Ghanaian authorities who are pursuing his extradition from the US.
South Africa rebukes new US ambassador
Leo Brent Bozell’s comments, later walked back with an apology, were read in Pretoria as “undiplomatic,” prompting a formal dressing down.
Iran war raises fears of South Africa rate cut delays
Three rate cuts had been expected in 2026 but Standard Bank’s CEO tells Semafor he expects there will only be two.
Tanzanian tycoon buys East Africa’s biggest media company
The acquisition of the Nation Media Group by Rostam Azizi’s company has sparked fears over media freedom.
Zimbabwe’s lithium upgrade still runs through China
The southern African country’s resource ambitions play out amid a US–China battle for Africa’s critical minerals.
DR Congo opens first gold refining facility
Governments across Africa have courted foreign investment to help build their manufacturing base, including for mineral and metal refining.
South Africa’s economic growth undershoots expectations
The growth figures underscored the challenges facing the government in tackling a long list of urgent tasks amid geopolitical shocks.
Chinese mining company blamed for DR Congo health crisis
Residents living near a mine contracted respiratory illnesses following continued exposure to sulfur dioxide gas, a US non-profit found.
Ghana introduces new gold royalty system despite opposition
Africa’s top gold producer, like governments across the continent, is trying to capture more value from surging commodity prices.
Middle East airspace closures hurt African airlines
Ethiopian Airlines, the continent’s largest carrier, said it incurred a $137 million loss in a single week.
South Africa’s Ramaphosa bolsters Brazil ties
South Africa’s president courted business leaders in Brazil amid upheaval sparked by US tariffs and the Iran war.