Author: The Editorial Team

LAGOS (Capital Markets in Africa) Lesotho’s prime minister said he intends to step down, following increased calls for his resignation over the murder of his second wife, which police have linked to the woman he married a little over two months later. Thomas Thabane, 80, was inaugurated as prime minister of the tiny African mountain kingdom two days after his second wife was shot in June 2017. He previously held the post from 2012 to…

LAGOS (Capital Markets in Africa) -Internet users across more than a dozen sub-Saharan African nations suffered slow service after two undersea cables to the continent’s western coast were damaged this week. The so-called WACS and SAT3/WASC cable systems are in the Atlantic Ocean and connect South Africa and many other African countries to Europe, Openserve, a unit of South Africa’s biggest fixed-line telecommunications provider, Telkom SA SOC Ltd., said. At least 12 countries besides South Africa…

SUDAN (Capital Markets in Africa) – When disgruntled Sudanese spies took up arms and gunfire rang out across Khartoum, even members of the most powerful pro-government militia were startled. As mutiny rocked three security buildings in the capital on Tuesday afternoon, fighters from the notorious Rapid Support Forces paramilitary group rushed to respond. By the next morning, five people — two of them soldiers — were dead, and the transitional government said the bloodshed sparked…