Donors Pledge $910 Million for Ebola Response in DR Congo and Uganda
International donors have pledged $910 million to support the Ebola response in the Democratic Republic of Congo and Uganda, including $80 million from African Union member states, according to Africa CDC. The funding comes as advocacy groups urge the U.S. government to make the experimental treatment MBP134 available for clinical trials and emergency use, with no approved vaccine or treatment currently available for the Bundibugyo strain.
Growing China-Africa Trade Boosts Yuan Use
Rising trade between China and African countries is driving greater use of the Chinese yuan, helped by Beijing’s decision to remove tariffs on imports from 53 African countries. Banks and businesses across the continent are increasingly using yuan-based payment systems to reduce transaction costs, though analysts say the currency is still unlikely to replace the U.S. dollar.
Sierra Leone Shuts Down Indigenous Private Bank
Sierra Leone’s central bank has closed Union Trust Bank, the country’s only privately owned indigenous bank, after declaring it insolvent following years of regulatory intervention. State-owned Rokel Commercial Bank has taken over its operations, while shareholders are challenging the decision in court and say they had already secured new capital to rescue the lender.
Gunmen Attack Niger’s Main Airport
Gunmen breached security at Niamey’s international airport early today, Thursday, June 18, sparking an exchange of gunfire and explosions before security forces regained control. Authorities have not identified the attackers, but the airport is a key military hub and was also targeted in an attack claimed by the Islamic State group earlier this year.
Ghana and Côte d’Ivoire Coordinate Cocoa Prices
Ghana and Côte d’Ivoire have agreed to coordinate cocoa pricing and marketing policies as both countries respond to a sharp decline in global cocoa prices. The two nations, which produce about 60% of the world’s cocoa, say the initiative aims to give farmers greater protection against market volatility.
Senegal Court Upholds Ousmane Sonko’s Parliamentary Return
Senegal’s Constitutional Council has rejected a challenge to Ousmane Sonko’s reinstatement to parliament, cementing his position as speaker of the National Assembly. The ruling strengthens Sonko’s political standing following his recent split with President Bassirou Diomaye Faye, his former ally and fellow member of the ruling Pastef party.
Zimbabwe Court Clears Way for Term-Limit Changes
Zimbabwe’s Constitutional Court has dismissed a legal challenge to proposed constitutional amendments that could extend presidential terms from five to seven years. Critics warn the changes could allow President Emmerson Mnangagwa to remain in office until 2030 and further concentrate power in the presidency.
Benin and Niger Renew Push to Reopen Border
Benin and Niger have reaffirmed plans to reopen their shared border and improve relations after years of tensions following Niger’s 2023 coup. The two countries also agreed to strengthen cooperation against terrorism and banditry while working toward normalizing bilateral ties.
