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Senegal votes: After a tumultuous buildup, Senegalese people will elect a new leader on Sunday to oversee one of the world’s fastest-growing economies and a nascent oil and gas producer.

Step aside:
South Africa’s speaker of parliament is taking “special leave” after her house was raided this week as part of a corruption investigation.

New leader:
Ugandan President Yoweri Museveni named his son, who says he wants to be the nation’s next leader, as chief of the defense forces.

Sign up for our twice-weekly newsletter on where sub Saharan Africa stands now — and where it’s headed at Next Africa publishes every Tuesday and Friday.
Media is too big
Narendra Modi's BJP took the lion’s share of over $720 million from a now-banned electoral bonds scheme, but who were the biggest donors?

Read what the numbers reveal about funding for India’s political parties:
Media is too big
A growing army of underwater robots is helping the shipping industry clean up its act. They’re on a mission to help decarbonize an industry responsible for nearly 1 billion tons of CO2 emissions each year.

Watch how the robots scrape off the algae, seaweed and barnacles that accumulate on ships to improve fuel-efficiency. Read more here:
Repo rate decision: South Africa’s central bank leaves borrowing costs unchanged at a 15-year high at its final rate-setting meeting before elections in May.

Inflation woes:
Zimbabwean annual inflation surges to a seven-month high, days after the finance minister pledged to address price increases that are being fueled by the nation's plunging currency.

Political rivalries:
South Africa’s ANC sees the rival Inkatha Freedom Party as a bigger electoral threat, and is dismissing former President Jacob Zuma’s new organization as “a nuisance.”

Watch Africa Amplified for a deep dive into the region’s biggest stories:
Political partnerships: South Africa’s Democratic Alliance will resist forming a coalition with the ruling African National Congress in order to govern the country should it need to.

Majority win:
Senegal’s opposition leader Bassirou Diomaye Faye is officially confirmed as the winner of Sunday’s presidential elections, beating the ruling coalition’s candidate by an overwhelming margin.

Dirty air
: South Africa is home to many of the world’s worst emission sites for toxic nitrogen dioxide and sulfur dioxide and most of those are operated by the nation’s state power utility, according to Greenpeace.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
NEW: FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the final chapter in a case that has both captivated and overshadowed the crypto industry. Read more here:

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📷: Getty Images
Several workers from World Central Kitchen were killed in an airstrike by the Israeli military in Gaza, the disaster relief group founded by celebrity chef José Andrés said. More here:

📷: AFP via Getty Images
Woman leader: President Felix Tshisekedi appoints Judith Tuluka Suminwa as the next prime minister of the Democratic Republic of Congo, the first female to hold the role in the world’s second-biggest copper producer.

Corruption arrests:
South African Speaker of Parliament Nosiviwe Mapisa-Nqakula lost a court bid to prevent the authorities from detaining her over allegations of corruption, and now faces arrest.

Egyptian presidency:
Abdel-Fattah El-Sisi was sworn in for a third term as expectations build for a change of course after a $50 billion international bailout warded off the worst economic crisis in decades.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
LIVE: Tsunami alerts are in force in Taiwan and Japan after a strong earthquake. Follow our free-to-read blog for the latest news and updates

📷: TVBS/AP Photo
Human rights: Uganda’s Constitutional Court rejected a bid to overturn stringent anti-LGBTQ legislation that led the World Bank to suspend funding.

Money woes
: Zimbabwe’s currency plunges to another record low as citizens rush to the safety of the US dollar ahead of an expected announcement on the fate of the local unit.

Africa's largest refinery:
Nigeria’s new mega-refinery will begin domestic gasoline deliveries in May, weaning Africa’s most populous country of costly petroleum imports.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
Succession planning is kicking into high gear in India. Here are the 16 next-gen heirs preparing to lead some of India’s biggest businesses — including those belonging to the Ambani and Adani families
Investment opportunities: BlackRock sees an opportunity to invest in Kenyan stocks, which have gone from the world’s worst performers in 2023 to the best this year.

Wildlife threatened: A third of Africa’s gorillas, bonobos and chimpanzees are at risk because they live in areas that overlap with mining operations for metals critical to the global clean energy transition.

Surviving summer: Egypt is buying liquefied natural gas, a rare move by the fuel exporter to avoid shortages this summer.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
Apple laid off more than 600 employees in California as part of the decisions to end its car and smartwatch display projects, according to filings.

At least 87 of the people worked at an address corresponding to a secret Apple facility for its next-generation screen development. More here:

📷: Haiyun Jiang/Bloomberg
New currency: Zimbabwe replaces its battered dollar with a new gold-backed currency called ZiG.

Energy solutions: South Africa picks a $300-million standalone battery project to boost energy supply.

Power play: Microsoft's Azure cloud business is set to be hit by a formal complaint from South African antitrust watchdogs.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
New money: ZiG, Zimbabwe’s new currency, began trading on Monday as businesses struggled with the nation’s sixth attempt at introducing a revamped unit.

Billion dollar deals:
Vivendi's Canal+ has made an all-cash formal offer for MultiChoice, valuing the broadcaster at $2.9 billion.

Corruption charges:
Former Central Bank of Nigeria Governor Godwin Emefiele pleads not guilty to new allegations of foreign-currency infractions brought against him by one of the country’s finance watchdogs.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
Money rally: Zimbabwe’s ZiG strengthens a day after its debut, even as it disrupts commerce nationwide with banks, retailers and utilities battling to switch to the new unit.

Project funding
: Guinea says shareholders involved in Simandou, the biggest untapped iron-ore reserve globally, have signed $15 billion in financing agreements for the project.

Jail time:
Nigeria sends a Binance executive charged with tax evasion and fraud to prison ahead of trial in May.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
Declining support: Backing for South Africa’s ruling ANC plunges as former President Jacob Zuma's party gains, a new opinion poll shows.

Cedi woes:
Ghana’s inflation rate climbed to a four-month high in March as a slump in the currency pushed up the cost of imports such as fuel and food.

Funding startups:
Netflix co-founder Reed Hastings and former Alphabet CEO Eric Schmidt's foundation are taking part in a funding round for an African solar irrigation startup.

Watch Africa Amplified for a deep dive into the region’s biggest stories:
Election hopes: Julius Malema, leader of South Africa’s leftist EFF, says he can offer investors something the country’s current rulers lack: clarity, consistency and transparency.

Cocoa surge:
With global prices for the commodity hitting $10,000 a ton, there's a rush to plant more trees in West Africa.

New listings:
WeBuyCars gained on its trading debut on the Johannesburg Stock Exchange, marking the start of a potential revival in capital market activity after a years-long lull.

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at Next Africa publishes every Tuesday and Friday.
Cathie Wood’s Ark Investment Management announced it holds a stake in Silicon Valley artificial intelligence darling OpenAI, a bet that the nascent AI industry will remake the tech landscape. More here:

📷: David Paul Morris/Bloomberg
Ambitious Indian finance professionals have never had it so good. While their international compatriots are facing job cuts and curtailed bonuses, for them it's boomtime — and there are eye-popping salaries on offer for the best-of-the-best.

Read here:

📷: IMC Trading