At State House Entebbe on Oct. 22, Museveni urged European investors into Uganda's energy, manufacturing, infrastructure and agriculture, backed a 10-year tax holiday for manufacturers and asked the European Investment Bank to fund railways, power and roads.
Tinubu received Lee Engineering's Leemon Ikpea, whose firm is building two compressor stations in Edo State so the Escravos-Lagos pipeline can carry 2.3 billion standard cubic feet of gas a day, and pressed oil majors to use Nigerian firms.
Ghana's President John Dramani Mahama says raw minerals must no longer leave the country by 2030, with bauxite, manganese, iron and lithium processed at home and VALCO modernised for domestic aluminium refining.
Trade Minister Parks Tau urged South African firms to use China's duty-free access, which runs to April 30, 2028. SARS issued 25,975 certificates of origin from June to August, and declarations rose 199% year on year.
CBP Pushes Back the Formal Entry Rule for Tariffed and Regulated Mail Parcels to Jan. 20, a Day Before the Oct. 22 Deadline
CBP moved the compliance date for formal entry of tariffed and agency-regulated mail parcels from Oct. 22, 2026, to Jan. 20, 2027, saying the trade needs more time and the de minimis suspension for mail stays in force.
Treasury Flags $270 Million in Suspicious Transactions Tied to Federal Student Aid and Sends the Findings to Federal Investigators
Treasury's FinCEN identified about $270 million in suspicious activity potentially tied to federal student aid fraud, from more than 20,000 transactions since February, and referred it to federal investigators.
“We Will Own the Economy”: Bessent Says No Russia Sanctions Were Lifted, Only the Diesel Embargo, and Ties Falling Gas Prices to the Iran War
Treasury Secretary Scott Bessent said on “Meet the Press” that the administration will own the economy, that no Russia sanctions were lifted beyond the diesel embargo, and that gas prices depend on the Iran war.
World Bank Group / Grant Ellis / Wikimedia Commons (CC BY-SA 4.0)
The Daily Letter ·
The Georgieva Report Card: The IMF Chief Kept the Fund Alive Under Trump and Steered It Through a War Shock, but Argentina, Senegal’s Hidden Debt and a Retreat From Climate Cost Her Marks
How is Kristalina Georgieva doing at the IMF? Our report card grades the managing director on the war shock, Argentina’s $20 billion loan, Ukraine, Africa’s debt and Senegal’s hidden debt, the Trump administration and the Fund’s independence. Overall: B minus.
FERC Moves to Let LNG Plants Expand Without Case-by-Case Approval and to Stop Requiring Air Pollution Modeling for Gas Projects
FERC proposes a blanket authorization program letting LNG plants make some changes and expansions without case-specific orders, and a draft policy ending routine air dispersion modeling for gas compressor stations and LNG terminals.
Tavita Togia, National Park Service / Wikimedia Commons
The Daily Letter ·
Trump Administration Sets the First U.S. Deep-Sea Mining Lease Sale for Nov. 19, Offering 31.5 Million Acres of Seabed Off American Samoa
Interior's Marine Minerals Administration will auction two deep-sea mineral lease areas off American Samoa, about 31.5 million acres, on Nov. 19, with a $3 million minimum bid per area. A lease allows mapping, not mining.
President Cyril Ramaphosa opened Vedanta's Gamsberg Phase II zinc plant in Aggeneys, Northern Cape, doubling ore capacity to 8 million tonnes, and urged South Africa to process its minerals at home instead of exporting them raw.
Trade Minister Parks Tau urged mining houses and communities in Limpopo's Sekhukhune district to back the Fetakgomo-Tubatse SEZ at Steelpoort, which has a R52.6 billion pipeline of 46 firms and targets 8,000 jobs, rising to 20,000 in 10 years.
U.S. Department of State / Wikimedia Commons (Public domain)
