Africa in Business: deals, drugs and Dangote

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STORY: Here's what's been making the business headlines in sub-Saharan Africa this week.

1. China has pledged $51 billion to African countries and promised to create at least one million jobs on the continent as it hosted a major summit.

Agreements signed in Beijing include the revitalization of a decades-old rail line connecting Zambia's copper and cobalt mines with Tanzania's coast, and a host of projects in Chad and Senegal.

2. Nigeria's $20 billion Dangote oil refinery began supplying gasoline to the domestic market on Tuesday (September 3).

Its owner, Aliko Dangote, said that would end billions of dollars spent on imports.

The move is also expected to ease the struggles of Nigeria's state-oil firm to supply the local market, where fuel queues have persisted since July.

3. Also on Tuesday, Ethiopian Airlines said it had suspended flights to neighboring Eritrea because its bank account there was frozen.

:: Asmara, Eritrea

:: File

Eritrea has previously said it would suspend the carrier's flights at the end of this month.

Diplomats have said the situation signals that relations between the two countries have significantly soured.

4. The board of Africa's biggest mobile network operator MTN said on Friday (September 6) it was in full support of its group CEO Ralph Mupita.

:: Lagos, Nigeria

:: File

That's after an independent report found no evidence to support anonymous allegations against him of showing favoritism and lacking accountability.

5. And finally, the chief executive of South African drugmaker Aspen Pharmacare has said it is in talks with partners to manufacture mpox vaccines at its facilities.

:: Gqeberha, South Africa

:: File

The World Health Organization declared mpox a global health emergency in August after a new strain began spreading from Democratic Republic of Congo to its neighbors.