South Sudan Mourns Independence Figure Joseph Lagu, Passes Away at 94
South Sudan is observing national mourning today, Wednesday, October 28, after the death of Joseph Lagu, 94, a key figure in the independence of the world's youngest country. He was a founding member of Anyanya in 1963, the first armed movement to fight the Sudanese government, and current President Salva Kiir served under his command. In 1972, Lagu led the negotiations that ended Sudan's first civil war, which killed about 500,000 people, and secured regional autonomy for South Sudan. Kiir has declared mourning until the burial, and the funeral date has not been announced.
U.S. Sanctions Rwanda's Defense Ministry Over Fighting in Eastern DR Congo
The U.S. imposed sanctions today, Wednesday, October 28, on Rwanda's ministry of defense, saying it directed the Rwanda Defense Force to deploy thousands of troops across North and South Kivu, where they operated alongside rebels and supplied them with military equipment. The U.S. also sanctioned Zigama Credit and Savings Society, which the Treasury says acted for Rwanda's security services, facilitated weapons payments, and helped move gold from rebel-held territory to Rwanda. Rwanda denies backing the Refoundation of the Nation rebels, formerly AFC-M23, and says unmet commitments on the FDLR are the problem, while DR Congo welcomed the sanctions.
Putin Hosts Leaders of Mozambique, Libya, and Equatorial Guinea in Moscow
Russian President Vladimir Putin met Mozambique's Daniel Chapo, Libya's representatives, and Equatorial Guinea's Teodoro Obiang Nguema Mbasogo yesterday, Tuesday, October 27, on the sidelines of the Gas Exporting Countries Forum in Moscow. Putin thanked Mozambique for supporting Russian initiatives at the United Nations and said he wants joint initiatives with Libya, where bilateral trade continues to grow. Some Western observers warn of the risks of Russia's growing influence in Libya. The forum includes 20 gas-producing nations that hold over 70% of proven gas reserves.
U.S. Development Finance Agency's Capacity Grows to $205 Billion, With Africa a Key Target
The U.S. International Development Finance Corporation (DFC) can now support up to $205 billion in investments worldwide, up from $60 billion, after Congress renewed its mandate through 2031 and strengthened its equity powers. The figure is a global ceiling, not an allocation for Africa, where DFC already has more than $14 billion committed, including over $3 billion tied to critical minerals. The agency is preparing more direct-equity investments in Africa, including a proposed 20% stake in Mozambique's Balama graphite mine, and expects to deploy $25 billion to $35 billion globally next year. Projects must still pass commercial, environmental, and political reviews before approval.
Ghanaian Twins and U.S. Woman Plead Guilty in Romance Scam That Cost Victims $9 Million
Twin brothers Jamal and Kamal Abubakari, 22, of Ghana and Amanda Joy Opoku-Boachie, 53, of Hawaii pleaded guilty to taking part in a network that defrauded elderly people in the U.S. and Europe through fake dating and social media identities. Victims lost $9 million between July 2024 and April 2026, and the three face up to 20 years in prison, with sentencing next year. They agreed to forfeit seized jewelry, including luxury watches and rings. U.S. authorities have stepped up their crackdown on such networks, and FBI Director Kash Patel said earlier this month the agency made hundreds of arrests after dismantling a scam center in Ghana.
Business Group Warns South Africa Could Return to FATF Grey List
Business Leadership South Africa says the country faces "significant risk" of returning to the Financial Action Task Force (FATF) grey list barely a year after its removal, according to its latest reform tracker. FATF is an intergovernmental organization founded in 1989 by the G7 in Paris to set global standards for combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction. South Africa's anti-corruption reforms are stuck at 51.2, unchanged from last quarter, well below the overall reform score of 72.5, which is the tracker's highest since March 2024. A new FATF evaluation will have a peer review in early 2027, and weaknesses in investigating and prosecuting organized crime could count against South Africa. A return to the list would raise compliance costs and could make cross-border payments and trade finance slower and more expensive.