Thursday’s African News Briefs

Welcome to The Rio Times’ daily African news roundup. Stay informed about the continent’s latest events, from politics to culture, with our top headlines:

Amsons Group Proposes $180 Million Buyout of Bamburi Cement

Tanzania-based Amsons Group offers $180 million to acquire Kenya’s Bamburi Cement, potentially delisting from the Nairobi Securities Exchange.

DRC Becomes Kenya’s Leading Export Market in East Africa

Kenya sees a 56.04% increase in exports to the Democratic Republic of the Congo, surpassing Uganda as the top export market within the East African Community.

Employment in Angola Sees a 25% Increase in the First Half of the Year

António Estote announces over 110,000 new jobs created in Angola, with social collective services leading the growth.

China and Guinea-Bissau Elevate Bilateral Relations

Chinese President Xi Jinping and Guinea-Bissau’s President Umaro Sissoco Embaló declare a new “strategic partnership” to deepen political trust and expand cooperation.

Américo Muchanga Named President of Mozambique Airlines

Américo Muchanga appointed as the new president of Mozambique Airlines as part of a restructuring effort by Fly Modern Ark.

Mozambique’s Economy Generates Over 1.3 Million Jobs in Five Years

Mozambique creates over 1.3 million jobs in five years, nearly half of the government’s employment projections by 2024.

Fuel Shortage Disrupts Operations at Bamako Airport, Mali

Bamako Airport faces disruptions due to a fuel shortage, impacting airline operations in Mali.

Angola’s Supreme Court Reinstates Conviction of Former President’s Son

Angola’s Supreme Court reinstates a five-year prison sentence for José Filomeno dos Santos for embezzlement.

Nigeria’s NNPCL Seeks $2 Billion Loan Amid Oil Challenges

NNPCL negotiates a $2 billion loan to enhance financial stability while facing gasoline shortages and increased debts.

Kenya Faces Economic Strain After Debt Relief Plan Falters

President William Ruto warns of consequences after Kenya’s finance bill rejection, forcing budget cuts and increased borrowing to manage a debt crisis.