Via:Xinhua

“ Andry Rajoelina, president of Madagascar, on Monday announced the dissolution of the government and promised to appoint a new prime minister within three days.

‘I have decided to terminate the duties of the prime minister and the members of the government,’ he said in a televised address.

The announcement followed days of protests in major cities across the country, including the capital Antananarivo, over frequent power outages and water shortages. Some demonstrations turned violent, with incidents of looting causing significant economic damage.

‘Faced with the current situation of instability that the country is experiencing, marked by frustration and anger generated by power and water cuts, I have heard the call of young people and I fully understand their concerns and frustrations,’ Rajoelina said.

He also apologized on behalf of the government ‘for the unmet needs and expectations that have not been addressed.'”

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Via:Sputnik Brasil

“In recent weeks, Brazil has closed dozens of deals, especially in agribusiness, precisely in the context of the 50% tariffs imposed on Brazilian products bound for the United States.
Markets were opened in Burkina Faso and Togo through an agreement for the sale of live cattle for breeding purposes and the storage of bovine genetic material, among other applications.
Last week, deals were announced with South Africa by Embraer in the domestic aviation sector, as well as a series of bilateral agreements with Nigeria, marked by the official visit of President Bola Tinubu to his Brazilian counterpart, Luiz Inácio Lula da Silva, in Brasília.

According to the president of the Brazilian Foreign Trade Association (AEB), José Augusto de Castro, one of the main challenges has already been overcome: cultural and diplomatic proximity, especially in the current geopolitical context. “There are studies showing the possibility of Africa itself producing agribusiness […] a clear opportunity for Brazilian agribusiness entrepreneurs. I know there are already Brazilian businesspeople discussing production in Angola to export to the world, just as Brazil does today,” said Castro. “The tariff hike will speed up and push companies to make decisions on producing in Angola or in other African countries in order to export to third countries. It would be an alternative market,” he argued.

Castro stressed that many African countries exploit oil and have cash on hand to import, while at the same time lacking a highly developed industry, making them potential buyers of manufactured and value-added products from Brazil.”

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Via: Africanews

“Many Ethiopians are looking forward to finally getting connected to the national electricity grid once the country’s new mega-dam becomes fully operational.

Ethiopia’s controversial Grand Renaissance Dam is being inaugurated this Tuesday, 14 years after its construction began. The project’s construction began in 2011 with a $4 billion budget. With its 1,800 metres long and 175 metres high, it is now the largest dam in Africa.

It is expected to produce more than 5,000 megawatts, doubling Ethiopia’s current output, part of which will be exported to neighboring countries.

The country insists it is a crucial development to help pull many of its citizens out of poverty. The project has raised concerns from neighbouring Egypt and Sudan over the potential reduction of water levels downstream.

But Ethiopia insists that the towering dam will not only benefit its more than 100 million people, but also its neighbours, and sees it as an opportunity to become Africa’s leading electricity exporter.
Despite the formation of a joint panel to discuss the sharing of the Blue Nile water, tensions remain high and some, like Egypt, have termed the move a security risk, saying it could lead to drought downstream.”

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