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Botswana Acquires Stake in Angola’s Lobito Refinery in Major Intra-African Energy Deal

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Botswana is set to take up to a 30% stake in Angola’s $6 billion Lobito refinery, marking a significant intra-African investment.

The move reflects a growing push by African nations to retain more value from their resources on the continent.

The Lobito refinery, with a capacity of 200,000 barrels per day, is expected to generate around $700 million annually for Botswana under current assumptions. Instead of building new infrastructure from scratch, Botswana is buying into an existing facility to secure reliable fuel supply for Southern Africa, including itself, Zambia, and Namibia.

This deal reflects a broader strategic shift across Africa. For decades, many African countries have exported raw materials only to import refined products at much higher costs.

Investments like Botswana’s stake in Lobito signal a move toward greater regional refining capacity and supply chain control.

While the Lobito refinery will primarily serve Southern Africa, analysts note it could eventually compete with Nigeria’s Dangote Refinery, which currently dominates West Africa and exports to international markets.

The development is being watched closely as a potential model for deeper intra-African industrial cooperation and reduced dependence on external fuel imports.

Angola has signed a contract with China National Chemical Engineering Co. on Friday to build the $6 billion plant in Lobito.

“The processing capacities of the Lobito refinery remain at 200,000 barrels per day and the estimated cost of the investment is around $6 billion,” Diamantino Azevedo, the minister of Minerals and Petroleum, said in Luanda after a meeting between President Joao Lourenço and the company’s Chairman Wen Gang.

Sonangol, the southwest African nation’s state oil and gas group, partnered with an “American company” to conduct studies that led to decreased investment costs and improved refinery quality, Azevedo said, without naming the firm.

In 2022, Sonangol said it was working with Houston-based KBR Inc. on “engineering works” for the facility.

Africa Watch

Analyst Warns AES Collapse Fuels Arms Flow and Jihadist ‘Creep’ Into Ghana

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ACCRA – The collapse of military-led states in the Sahel is fueling arms trafficking and allowing jihadist networks to creep southward toward Ghana’s northern border, according to a sobering new analysis.

The analysis authored by Joseph McCarthy, an analyst and researcher specializing in governance, security, and political transitions in the region, warns that the self-styled Alliance of Sahel States (AES), comprising Mali, Burkina Faso, and Niger, has failed to contain extremism despite initial promises by the juntas that seized power in Bamako (2020), Ouagadougou (2022), and Niamey (2023).

Instead, the security situation has deteriorated dramatically.

‘State Presence Is Shrinking’

McCarthy notes that large portions of northern and eastern Burkina Faso are now either under jihadist influence or violently contested. In Mali, the regions of Taoudéni, Timbuktu, Ménaka, Gao, and much of Mopti remain outside effective state authority. While Niger retains a stronger foothold around Niamey and Maradi, insecurity is steadily creeping into Diffa, Tahoua, and Agadez.

“The trajectory across all three countries is identical: state presence is shrinking; militant mobility corridors are expanding southward,” McCarthy writes.

The analyst points to coordinated attacks across Mali in April 2026, striking Mopti, Gao, Kidal, Sévaré, and approach routes to Bamako simultaneously, as confirmation that Jama’at Nusrat al-Islam wal-Muslimin (JNIM) and Islamic State affiliates are growing more sophisticated, more coordinated, and operationally bolder.

The Threat to Ghana

While Ghana has not yet experienced large-scale jihadist violence, McCarthy argues the country is not insulated from what is coming.

“The expansion of JNIM and IS-affiliated operations into southern Burkina Faso has intensified arms trafficking, infiltration networks, and radicalization risks along Ghana’s northern border,” he writes.

McCarthy specifically highlights the Bawku conflict, rooted in ethnic and chieftaincy tensions, as “precisely the kind of local instability that extremist organizations have exploited elsewhere to gain a foothold.”

Ghana’s Security Response

According to the analyst, Ghanaian security agencies have responded with Operation Conquered Fist, expanded border surveillance, joint intelligence operations, and counter-extremism programs.

McCarthy describes these efforts as “reflecting a growing, sober recognition that this crisis is no longer distant. It is at the door.”

Broader Regional Warning

The analyst warns that the Sahel has become a sanctuary where extremist organizations regroup, recruit, train, and launch operations southward into coastal West Africa. He notes that Benin has already suffered deadly attacks near Pendjari National Park, Côte d’Ivoire continues fortifying its northern frontier following the Grand-Bassam massacre, and Togo has seen mounting infiltration pressure.

A Lesson Learned at Enormous Cost

McCarthy draws a stark conclusion from the AES experience: no country defeats a transnational insurgency through isolationist nationalism or militarized governance alone.

“Security and development are inseparable,” he writes. “Roads, schools, healthcare, agriculture, jobs, and functioning local governance are as essential to counterterrorism as soldiers and weapons. Where states are absent, extremists fill the space.”

He urges Ghana and the wider ECOWAS community not to treat the Sahel as someone else’s problem, warning that “West Africa cannot afford to learn that lesson twice.”

Joseph McCarthy is an analyst and researcher specializing in governance, security, and political transitions in the Sahel. The views expressed in his opinion article are his own.

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Full Itinerary of President Mahama’s High-Level Engagements at the Africa Forward Summit in Nairobi

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The President of the Republic of Ghana and African Union (AU) Champion for African Financial Institutions, John Dramani Mahama, has arrived in Nairobi, Kenya, to participate in the Africa Forward Summit – a high-level France-Africa partnership meeting convened by French President Emmanuel Macron.

The summit has brought together African Heads of State, global business leaders, and international partners to foster collaboration on sustainable development, economic resilience, and global cooperation. President Mahama’s presence underscores Ghana’s active role in shaping continental policy on finance, industrialisation, and health.

Below is the detailed itinerary of President Mahama’s engagements during his working visit to Nairobi.

Day 1: Arrival and Opening of Summit

Tuesday, Morning Session – Green Industrialisation and Energy Transition

President Mahama will join a high-level discussion on Green Industrialisation and Energy Transition. This session aims to chart a practical path for Africa’s industrial growth while simultaneously addressing the urgent challenges of the global climate crisis. The discussion will explore how African nations can leapfrog to cleaner energy systems without sacrificing development targets.

Tuesday, Midday – Working Lunch on Reform of the International Financial Architecture

Reflecting his strategic role as the AU Champion for African Financial Institutions, President Mahama will participate in a working lunch centered on the Reform of the International Financial Architecture. This discussion will focus specifically on:

  • Improving African countries’ access to sustainable financing.
  • Ensuring that the global financial system becomes more equitable.
  • Making international financial institutions more responsive to the continent’s unique development needs.

Tuesday, Afternoon – Co-Chairing the Round Table on Health

President Mahama, who is leading Ghana’s domestic Accra Reset Initiative on healthcare transformation, will co-chair a Round Table on Health themed: “Rethinking global health and building resilient national health systems.” This engagement will highlight strategies for strengthening health systems across Africa to withstand future pandemics and health emergencies.

Tuesday, Late Afternoon – Side Meetings and Bilateral Engagements

On the sidelines of the summit, President Mahama is scheduled to hold several high-profile bilateral meetings. These include talks with:

  • H.E. António Guterres – Secretary-General of the United Nations. Discussions will focus on global cooperation and multilateral support for Africa’s development agenda.
  • Kristalina Georgieva – Managing Director of the International Monetary Fund (IMF). The meeting will centre on economic stability, fiscal policy, and Ghana’s ongoing reforms.
  • Alvaro Lario – President of the International Fund for Agricultural Development (IFAD). Talks will address food security, agricultural financing, and rural development in Ghana and across Africa.

Tuesday, Evening – Departure

President Mahama is expected to leave Nairobi in the evening and return to Accra, concluding his working visit to Kenya.

Summary of Presidential Itinerary

TimeEngagement
MorningHigh-level discussion: Green Industrialisation & Energy Transition
MiddayWorking lunch: Reform of International Financial Architecture
AfternoonCo-chair Round Table on Health: Rethinking global health systems
Late AfternoonBilateral meetings: UN Secretary-General, IMF MD, IFAD President
EveningDeparture from Nairobi, return to Accra

Source: Richard Aniagyei, Information Services Department

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Africa Watch

Ramaphosa Condemns South African Xenophobic Attacks, Earning Ghana’s Praise

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South African President Cyril Ramaphosa has strongly condemned the recent wave of violent protests and criminal acts targeting foreign nationals in parts of the country.

Ramaphosa stated that such actions do not represent the views of the South African people nor the policy of his government.

In a post on X (formerly Twitter) dated May 11, 2026, titled “From the Desk of the President,” Ramaphosa directly addressed the nation, saying:

“The recent violent protests and criminal acts directed at foreign nationals in parts of our country do not represent the views of South Africa’s people nor reflect our government’s policy.”

The statement, which garnered over 545,000 views, comes amid rising tensions and reports of attacks on immigrant-owned businesses and properties in several South African provinces.

Ghana Responds: A Call for Pan-African Resolve

Reacting to the President’s assurance, Ghana’s Foreign Minister, Samuel Okudzeto Ablakwa, described the statement as “reassuring” and called for a united African front to resolve the crisis. In a post that invoked the legacy of Ghana’s first president, Ablakwa stated:

“We count on your leadership to resolve this. Ghana deeply values the longstanding great and inspiring bilateral relations defined by true solidarity and brotherhood with South Africa. I unrepentantly share in Kwame Nkrumah’s dream — Africa Shall UNITE.”

The diplomatic exchange highlights the deep concern across the continent following the resurgence of xenophobic violence in South Africa, which has historically led to strained relations with other African nations.

Ablakwa’s emphatic reference to Nkrumah’s vision of a unified Africa underscores Ghana’s expectation that South Africa, as a continental economic powerhouse, will protect the principle of free movement and safety for all African citizens within its borders.

As of press time, no official statement has been released by the South African police regarding arrests or specific measures to curb the violence.

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