Africa Burundi Thousands of people have been displaced by flooding caused by the overflowing of Lake Tanganyika, 2nd largest freshwater lake in the world; the capital Bujumbura, on the north-eastern side, has been severely affected along with other coastal cities
Africa Burundi Construction costs have increased 40% y-o-y due to a surge in price of materials (+35%), equipment rentals (+61%) and labor (+60%), the later due to higher demand of skilled workers and wage adjustments in the sector
Africa Burundi Qatar's Al Mansour Holding, spanning infrastructure, mining, banking, tourism, agriculture, cybersecurity, reaffirmed its commitment to invest in Burundi during an official meeting in Bujumbura with President Ndayishimiye
Africa Burundi COMEBU, acronym that stands for Burundi Mining Exchange, will now hold exclusive rights to market extracted minerals in areas where landowners have been compensated: operators in Kabarore must now sell to Comptoires only
Africa Burundi Ruling party CNDD-FDD has won all Senate seats in the indirect elections held earlier this month, consolidating its position across all five provinces; results are pending validation from the Constitutional Court