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Kenya's energy regulator has announced significant fuel price increases, with diesel rising by a record margin, despite a reduction in VAT. The hikes come amid global oil market volatility linked to the US-Israel conflict with Iran and a domestic scandal over substandard fuel imports.
Namibia's Cabinet has approved the establishment of a Film and Creative City, aiming to position the country as a competitive hub for film production in Africa. The decision follows a period of significant growth in the sector, with 59 foreign film projects and 36 local productions between April 2025 and March 2026, contributing an estimated N$47 million to the economy.
In her State of the Nation Address, Namibia's President Netumbo Nandi-Ndaitwah announced that a joint declaration with Germany on the 1904-1908 genocide is close, implemented a fully subsidised tertiary education model, and outlined plans to cut food imports by 80% by 2030. The address also covered petroleum legislation, investment projects, and agricultural progress.
Rwanda commemorated the 32nd anniversary of the 1994 Genocide against the Tutsi, with President Paul Kagame and other officials warning against genocide denial and historical distortion. Speakers highlighted the systematic planning of the genocide, the international community's failure to intervene despite warnings, and ongoing threats from genocide ideology and armed groups like the FDLR.
The African Export-Import Bank (Afreximbank) has approved a $10 billion emergency facility to help African and Caribbean economies cope with the economic fallout of the conflict in the Middle East. The Gulf Crisis Response Programme (GCRP) will provide short-term foreign exchange and liquidity support, sustain essential imports, and help exporters capitalize on shifting trade routes. The initiative underscores Afreximbank's role as a key crisis-response lender for the continent.
Namibian President Netumbo Nandi-Ndaitwah announced the appointment of a new minister in the presidency, seven deputy ministers, and an adviser to the defence minister at a State House ceremony. The new appointees, all elected councillors from the 2025 local elections, are tasked with implementing the country's Sixth National Development Plan.
A joint report by the African Union and the African Development Bank warns that the Middle East war threatens Africa's cost of living and growth, citing trade disruptions, currency depreciations, and potential GDP losses. The report highlights both risks and some potential gains for certain countries.
Burkina Faso's military leader Ibrahim Traoré said in a state-broadcast interview that democracy is "not for us" and people must "forget" it. The junta has dissolved the electoral commission, banned political parties, and extended its rule for five more years, drawing UN criticism as it fights a decade-long jihadist insurgency.
Three accused in Namibia's Fishrot scandal have lost a Supreme Court appeal against a wide-ranging asset restraint order. Government-appointed curators face legal and institutional hurdles managing domestic and foreign assets, including properties abroad and a network of companies, bank accounts, and vehicles.