Africa News
LAST UPDATE: May 18, 2025
World Bank approves $350 million grant for Malawi hydropower project
Reuters
The World Bank has approved a $350 million grant for the Mpatamanga Hydropower Storage Project in Malawi, aiming to double the country’s hydropower capacity by adding 358 megawatts. The project, a public-private partnership, is the largest foreign direct investment in Malawi’s history, involving a consortium led by Electricité de France and SN Malawi BV, backed by British International Investment, Norfund, and TotalEnergies. It is expected to provide electricity to over 1 million households and create thousands of jobs.
Insight
This significant investment underscores the global commitment to renewable energy and infrastructure development in Africa, potentially setting a precedent for future projects in the region.
Gabon’s ousted leader and family ‘released’ and in Angola
AFP (via Barron’s)
Former Gabonese President Ali Bongo, ousted in a 2023 coup, has flown to Angola with his wife Sylvia and son Noureddin. The family had been under house arrest following allegations of embezzlement and money laundering. Their release and relocation come after the African Union readmitted Gabon and called for the protection of Bongo’s family.
Insight
The relocation of the Bongo family to Angola may ease political tensions in Gabon and reflects the African Union’s influence in regional stability and human rights advocacy.
Trump Attacks South Africa Again, Days Before Ramaphosa Visits
Bloomberg
U.S. President Donald Trump accused South Africa of committing genocide against White people without providing evidence, just days before South African President Cyril Ramaphosa’s planned visit to the U.S. This accusation marks the second time in a week Trump has made such claims, potentially straining diplomatic relations between the two countries.
Insight
Trump’s repeated allegations could complicate diplomatic engagements and reflect broader tensions in U.S.-South Africa relations under his administration.