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The CEO of Amson Group, Edha Nahdi, has held talks with Kenyan President William Ruto regarding a major investment in the second phase expansion of Bamburi Cement factory, valued at USD 380m US dollars,about 960bn/-.

The discussions took place at the State House in Nairobi, Nahdi, who is only 37 years old, successfully acquired Bamburi Cement for USD 182m US dollars (approximately 500bn/-), marking the largest investment ever made by a Tanzanian outside the country.

According to investment sources, this investment surpasses the one made by businessman Rostam Aziz, who had previously invested in Kenya through his company Taifa Gas with an investment of 130m US dollars (about 338bn/-). 

The acquisition of Bamburi Cement is regarded as the largest private investment by a Tanzanian company in Kenya since the collapse of the East African Community in 1977. 

Furthermore, the investment strengthens Amson Group's position as it expands its operations across the East African region.

In a related development, Amson Group has also expressed interest in further investments in Uganda, following Bamburi Cement's sale of its 70 percent

stake in its subsidiary Hima Cement to Sarrai Group and Rwimi Holding for approximately USD 84m US dollars (214bn/-) in March 2024.

Amson Group, owned by the Nahdi family, operates in several countries including Tanzania, Zambia, Malawi, Mozambique, the Democratic Republic of Congo, and Burundi, and is now poised to become the largest cement producer in East Africa. Daily News

Crypto Bridge Exchange (CBEX),Logo. [Courtesy]
 

Thousands of traders across Africa have been left reeling after an online trading platform collapsed, vanishing with their money, in the millions.

Crypto Bridge Exchange (CBEX), the company at the centre of the scandal, is accused of operating a Ponzi scheme that promised investors a 100 percent return within 30 days.

When users attempted to withdraw their money, the company failed to honor requests and abruptly shut down its physical offices, amid mounting complaints. 

According to investigations, the trading company presented itself as a legitimate digital asset trading platform under various names, including ST Technologies International Ltd, and Smart Treasure/Super Technology.

It allegedly lured unsuspecting investors by promoting false guarantees of quick profits. 

Public outrage has intensified in recent days, with angry investors in both Nigeria and Kenya storming and looting CBEX premises after discovering they had been duped.

In Nigeria, the Nigeria Securities and Exchange Commission (SEC) has denied any affiliation with the company, saying CBEX was neither registered nor licensed to operate within the Nigerian capital market.

The commission said it is working with law enforcement agencies to take legal action against CBEX, its affiliates, and promoters. The incident has sparked an uproar on social media, where users have been sharing their losses and frustration.

“Me, USD 200—but I collected all my friends’ money, all the money, which was like USD 1, 000,” said Bola, an investor in Nigeria, who claimed she had lost her entire life savings. A viral video shows her weeping outside the CBEX office.

Nigerian authorities had previously flagged 58 companies operating illegally in the country’s investment space, yet CBEX managed to evade scrutiny until it collapsed. By Ronald Kipruto, The Standard

Bradford is this month set to host the inaugural Bradford-Uganda Investment Promotion Event. It will spotlight Uganda’s investment potential while aligning with Bradford’s designation as the UK City of Culture 2025, promoting economic growth, tourism, and community cohesion.

Held in partnership with Her Excellency Nimisha J Madhvani, High Commissioner of Uganda to the UK, the event will convene high-profile civic and business leaders from both regions.

It offers a platform to explore bilateral trade and investment opportunities and will also foster collaboration.

Attendees will gain insight into the possibilities open to businesses, investors, and young entrepreneurs across both communities.

The event will be held at The Midland Hotel, Cheapside, Bradford, from 11am to 4pm on Monday 28 April 2025. The Business Desk

Without major institutional reforms, credible elections in December 2026 remain highly doubtful, and the country risks another violent crisis. 

During the South Sudan independence celebrations on 9 July 2011 at Freedom Square, next to the John Garang Mausoleum, the unity of purpose and hope for the future was electrifying. One could hardly imagine that the country would collapse into civil war only two years after independence, especially after a devastating 21-year war with the north. 

However, the country has been highly unstable and fractured since the civil war broke out in 2013. The semblance of peace that was brought about by the 2018 peace agreement is now threatened by the ongoing conflict in Upper Nile between the government forces and the White Army militia.  

The placing of Dr Riek Machar under house arrest by the same coalition government in which he is the second highest in command has added to the confusion.  

The country is at a crossroads due to many political, economic, cultural and ethnic factors that have prevented South Sudan from making positive steps and joining the community of nations since its independence in 2011.

In particular, the failure to implement the 2018 Peace Agreement (especially in terms of security sector reforms) and to bring about the unification of the various armed forces, and the lack of judicial reforms, are the immediate causes of the current crisis. 

On the one hand, the current conflict between the South Sudan People’s Defence Forces (SSPDF) and the White Army – a ragtag militia made up of Nuer youth – is threatening the 2017 cessation of hostilities agreement (CoHA) which, if abandoned, could push the country into a fresh all-out war. 

On the other hand, the fresh conflict is threatening to scatter the 2018 peace agreement, officially known as the Revitalised Agreement on the Resolution of the Conflict in South Sudan (R-ARCSS).

Already, Dr Machar’s Sudan People’s Liberation Movement-in-Opposition (SPLM-IO) has stated that his continued house arrest, and the plans to charge him with responsibility for the Upper Nile conflict, have “invalidated” the 2018 peace deal and risked plunging the country back into war. “With the arrest and detention of Dr Machar, the R-ARCSS has been abrogated,” stated Oyet Nathaniel Pierino, SPLM-IO deputy chairman. 

This would mean that the country could once again miss the timelines within which to enact a permanent constitution, carry out a national census, and resettle the over 2.3 million refugees living outside the country and the approximately 2 million internally displaced.

In this scenario, the prospects of the country holding credible and free elections in December 2026 remain a pipe dream. The country lacks a credible voter registry, electoral laws, and an independent electoral commission, free from the interests of the main political players. 

Just like the Democratic Republic of Congo (DRC), South Sudan is currently experiencing massive interference from neighbouring actors with economic, territorial and political interests.

Leading the pack is Uganda’s Yoweri Museveni, who is always ready to unleash his Uganda People’s Defence Force (UPDF) on any element fighting President Salva Kiir. UPDF intervened in 2013 and 2016 and is now engaged in the aerial bombardment of the White Army in Upper Nile. 

President Kiir’s critics often accuse Museveni of meddling in the internal affairs of South Sudan, falling short of calling him the de facto ruler. Sudan has also historically influenced various South Sudanese factions, and the ongoing conflicts in Sudan and Ethiopia are currently facilitating the influx of illegal arms. 

In March, Juba authorities conceded that the war in Sudan has affected the activities of the joint border monitoring and verification mechanisms, allowing non-state actors to exploit the situation and turn porous border lines into hideouts and hubs for the smuggling of contraband or arms.

Joshua Craze, a writer and researcher with over a decade of experience in the affairs of South Sudan and Sudan, has painted some scary though not far-fetched scenarios. Craze argues that South Sudan faces the risk of being split into fiefdoms by neighbours with vested interests. He points out that the Sudanese rebels, the Rapid Support Forces (RSF) and the UPDF are carving up parts of the country as enclaves for business ventures. 

Regional bodies like the Inter-Governmental Authority on Development (IGAD) and the international community, comprising key donors, have on numerous occasions demanded the complete execution of the 2018 peace agreement, but South Sudan’s political elites have mostly ignored these pleas.

Several papers have been written about what is ailing South Sudan, once perceived globally as a promising young nation with numerous resources to boot. It all boils down to the issue of bad governance in a country that rushed its independence before putting institutions in place and qualified people to run them. 

The institutions of governance and accountability are weak because of poor leadership, while the ruling party, the Sudan People’s Liberation Movement (SPLM), is working at cross purposes with the government. 

The problem goes deeper than the commonly cited political differences between President Kiir and Dr Machar or, in other words, the historical hatred between the two most populous ethnic groups – the Dinka and the Nuer. 

Prof Jeffrey Sachs, an American economist and public policy analyst, recently provided some useful insights into how the South Sudan secession in 2011 was the culmination of a well-calculated move by the US power mandarins to gain influence and have access to resources in the former greater Sudan.

Prof Sachs narrates that the 2005 Comprehensive Peace Agreement, which allowed the south to secede, was not a result of South Sudan defeating North Sudan, but part of the US game of unipolar politics. He narrated how he would often travel to Nairobi to meet with the US military, senators or others with deep interests in the politics of Sudan. 

This chimes with the view held by those who were close to the late Dr John Garang that his decision to take to the bush in 1983 under the SPLA was not driven by the ambition to separate the Christian and animist south from the Arab-leaning north but, rather, to create a unified country free of ethnic, racial and religious discrimination.

On 28 September 2011, in an article published by the South Sudan News Agency, Elhaq Paul – a South Sudanese writer and commentator – sparked off a huge debate when he alleged that Dr Garang was not a separatist and therefore could not be the founding father and the hero of the independence of South Sudan. 

Paul’s argument that Dr Garang was an “avowed unionist” who had nothing to do with separation or the present image being concocted on his behalf sustained a heated debate for months. 

Dr Machar has been touting himself as the “founding father” of a separate South Sudan, thus claiming greater ownership of the country’s independence in July 2011. In an interview with this writer in Addis Ababa in March 2015, Dr Machar maintained that the SPLM split in 1991 – with him leading the Nasir faction and working with Khartoum – because of disagreements about what to fight for.

“While some, like Dr Garang, favoured a united and reformed Sudan, I advocated for the right to self-determination. Ultimately, my concept of self-determination emerged as the primary goal of the movement. As you can see, I have prevailed in the ideological dispute, and we are now independent.”

Those close to Dr Machar argue that the main problem is the desire by the majority Dinka ethnic group to dominate the other 63 communities politically and economically in what others call ethnic superiority of “Dinkocracy”.

But in the minds of President Kiir and his close allies – known as the “Jieng Council of Elders” – Dr Machar is a serial rebel, an incorrigible rebel with an undying ambition which, if not reigned in, will plunge the country into endless chaos.  

According to Mahmoud Akot, a South Sudanese political activist based in France, the placing of Dr Machar under house arrest is not merely a security measure – it is a declaration of intent by President Kiir to build a state devoid of opposition, democracy, or accountability.

Akot says that, by signing a peace agreement only to dismantle it systematically, President Kiir’s faction has demonstrated its inability to govern, preaching reconciliation while persecuting opposition leaders, and talking of elections while eliminating political competitors beforehand.

As the fighting in Upper Nile intensifies, South Sudan remains trapped in a cycle of political paralysis, weak governance, and external influence. Without major institutional reforms, credible elections by December 2026 remain highly doubtful, and the country risks another violent crisis. 

IGAD has been accused of failing to enforce the implementation of the R-ARCSS by not punishing those who violate the terms of the agreement due to internal dynamics and regional vested interests. 

However, Dr Ismail Wais, the IGAD Special Envoy to South Sudan, maintains that the problem is not the 2018 agreement, but the lack of trust and political will that has led to a situation where the signatories are not focusing on the national good but on their own interests. 

Since its independence in 2011, South Sudan has struggled to establish a stable political and economic foundation. Several factors – internal, regional, and international – have contributed to the country’s ongoing instability and prevented it from making meaningful progress on governance, development, and international integration.

Some South Sudan watchers argue that the country’s economic crisis is both a root cause and a consequence of the perpetual conflict. Poverty, corruption, and mismanagement have created an environment in which violence is more profitable than peace for those in power.

John Andruga Duku, the former South Sudan Ambassador to China, subscribes to the view that the unfortunate trend of rewarding rebellion has created a situation where the country often faces the proliferation of rebellions because those who rebel are rewarded with cabinet posts or promotions within their military ranks.

According to Duku, politicians across the board are afraid of elections and feel safer under perennial extensions of the tradition. He maintains that politicians do not want to accede to the will of the people through an election because some of them operate briefcase political parties that stand no chance of winning constituency seats, let alone the presidency.

Yet, the country has reached a situation where the 2018 agreement that enabled the silencing of the guns after five years of brutal war is now on the verge of collapse. The agreement cannot be sustained without reforms in the security sector, which involve the disarmament, demobilisation and reintegration of the armed groups. 

South Sudan is at a crossroads. Without security sector reforms, the political environment is not conducive to the holding of a credible election in December 2026, which in turn will mean continued power struggles and prolonged conflict.  By Fred Oluoch, The Elephant.

 
Belarus and Zimbabwe will develop a new comprehensive cooperation roadmap for 2026-2030. Such an agreement was reached during the visit of the Belarusian delegation to Zimbabwe on 16 April, BelTA learned from the press service of the Belarusian Ministry of Foreign Affairs.
 
The political and economic dimensions of bilateral cooperation were discussed by the Belarus-Zimbabwe standing commission on cooperation. The countries took stock of the progress to implement  agreements and outlined new areas of partnership.
 
Following the meeting, a joint communiqué and protocol were signed. They provide for the expansion of cooperation in agriculture, manufacturing, education, healthcare, disaster management and the mining industry. An agreement was reached to draft a new comprehensive cooperation roadmap for 2026-2030 that will include both ongoing and new bilateral projects. 

The Zimbabwean side also thanked the president of Belarus for sending humanitarian aid in the wake of the drought caused by the El Niño climate phenomenon. 

Belarus and Zimbabwe will develop a new comprehensive cooperation roadmap for 2026-2030. Such an agreement was reached during the visit of the Belarusian delegation to Zimbabwe on 16 April, BelTA learned from the press service of the Belarusian Ministry of Foreign Affairs.
 
The political and economic dimensions of bilateral cooperation were discussed by the Belarus-Zimbabwe standing commission on cooperation. The countries took stock of the progress to implement  agreements and outlined new areas of partnership.
 
Following the meeting, a joint communiqué and protocol were signed. They provide for the expansion of cooperation in agriculture, manufacturing, education, healthcare, disaster management and the mining industry. An agreement was reached to draft a new comprehensive cooperation roadmap for 2026-2030 that will include both ongoing and new bilateral projects.
 

The Zimbabwean side also thanked the president of Belarus for sending humanitarian aid in the wake of the drought caused by the El Niño climate phenomenon. BELTA

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