economy of the continent
Next Africa: BHP’s $39 Billion Deal for Anglo Irks Mining Giant South Africa: Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now ...
bloomberg.com/news/newsletters/2024-04-26/next-africa-bhp-s-39-billion-deal-for-anglo-irks-mining-giant-south-africa
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
Nigeria Plans a $10 Billion Diaspora Fund to Attract Dollar Inflows: Nigeria is planning to set up a $10 billion diaspora fund to attract investment from its ...
bloomberg.com/news/articles/2024-04-26/nigeria-plans-a-10-billion-diaspora-fund-to-attract-dollar-inflows
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Two senators want US to order Tesla to restrict Autopilot use: Two U.S. senators on Friday urged regulators to bar Tesla from allowing the use of driver ...
reuters.com/business/autos-transportation/two-senators-want-us-order-tesla-restrict-autopilot-use-2024-04-26/
Dozens dead as floods wreak havoc across Kenya: Heavy rain has triggered widespread flooding as rivers burst their banks.
abcnews.go.com/International/dozens-dead-floods-wreak-havoc-kenya/story
The Democratic Republic of Congo (DRC) has accused tech giant Apple of using illegally exploited minerals from its eastern region for iPhones ... Show more
Kenya Airways says Congo is harassing airline after its staff detained
reuters.com/world/africa/kenya-airways-accuses-congo-harassment-over-detained-staff-2024-04-26/
Calls for Columbia University President Minouche Shafik to resign have come from people on both sides of the conflict over Gaza protests on campus ... Show more
Columbia University’s Impossible Position - The Atlantic
Columbia University’s Impossible Position - The Atlantic
Quick Glance: Demands of Pro-Palestinian Protesters on College Campuses
- Protesters call for universities to divest from companies linked to Israel.
- Demands include investment transparency, cutting academic ties with Israeli universities, and supporting a ceasefire in Gaza.
- Debate over effectiveness of divestment campaigns and potential impact on companies.
- Protests aim for symbolic victory for justice and equality, while experts highlight the limited effect of divestment on companies.
Ireland says UK's Rwanda policy drives migrants over its border: The threat of deportation to Rwanda is causing migrants to head for Ireland instead of staying ...
reuters.com/world/ireland-says-uks-rwanda-policy-drives-migrants-over-its-border-2024-04-26/
"This is what we want, and it is why we are adamant about providing student loans and new credit opportunities to not only enhance the skills of our ... Show more
Tinubu meets Dutch PM, says Nigeria positioned to power clean energy future of Europe, world
Tinubu meets Dutch PM, says Nigeria positioned to power clean energy future of Europe, world
Eskom forecasts ‘light’ load shedding in winter after 30-day break from rolling blackouts
dailymaverick.co.za/article/2024-04-26-eskom-forecasts-light-load-shedding-in-winter-after-30-day-break-from-rolling-blackouts/
Engie to divest from Morocco's Safi coal plant before 2027: French energy firm Engie plans to sell its stake in Morocco's largest coal plant in Safi (SAFIEC) ...
reuters.com/business/energy/engie-divest-moroccos-safi-coal-plant-before-2027-2024-04-26/
Somalia detains U.S.-trained commandos over theft of rations: Somalia's government said it had suspended and detained several members of an elite, U.S ...
reuters.com/world/somalia-detains-us-trained-commandos-over-theft-rations-2024-04-26/
France ready to finance Morocco's 3GW power link to Western Sahara: France is ready to participate in funding a 3 gigawatt power cable linking the Moroccan city ...
reuters.com/world/africa/france-ready-finance-moroccos-3gw-power-link-western-sahara-finance-minister-2024-04-26/
Flash floods kills at least 155 people in Tanzania: Flooding in Tanzania has killed 155 people and left at least 236 injured, the country’s Prime Minister Kassim ...
cnn.com/2024/04/25/africa/flash-flooding-kills-at-least-155-people-in-tanzania-intl/
Quick Glance: Devastating Impact of Heavy Rains in Tanzania
- In Tanzania, the heavy rains that triggered flooding and landslides due to El Nino have resulted in the loss of at least 155 lives.
- The torrential rains, accompanied by strong winds, have caused significant damage, including the destruction of crops, homes, and infrastructure.
- Kenya has recorded about 45 fatalities since the start of the rainy season in March, including 13 from floods in the capital Nairobi.
- The UN humanitarian response agency OCHA reports that in Somalia, the Gu rains have led to severe floods, resulting in at least four deaths and affecting or displacing over 800 people.
HSBC’s Private Bank Shuts IAM Business in HK, Singapore: HSBC Holdings Plc’s private bank has discontinued its independent asset management business in Hong Kong ...
bloomberg.com/news/articles/2024-04-26/hsbc-s-private-bank-shuts-iam-business-in-hk-singapore
Democratic Republic of Congo is pushing Apple for more information about its supply chain amid concerns it may be tainted with conflict minerals sourced from ... Show more
Fishmongers in Egypt say they have been forced to slash their prices by up to 50% because of a boycott that has swept the country ... Show more
Africa Live: Kenya Airways protests over staff held in DR Congo - BBC News
Africa Live: Kenya Airways protests over staff held in DR Congo - BBC News
Zimbabwe’s new ZiG Currency: How Does It Work and Can It Last?: In the latest effort to devise a credible national currency, Zimbabwe has replaced its dollar ...
bloomberg.com/news/articles/2024-04-26/zimbabwe-s-new-zig-currency-how-does-it-work-and-can-it-last
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Can’t Afford a House? Buy a Piece of One Instead: In a chaotic housing market that has shut many buyers out, fractional home ownership and investing trends are ...
wired.com/story/fractional-home-ownership-startups/
Glencore seeks investment opportunities in Nigerian mining sector: Mining and trading house Glencore will invest in Nigeria's mining sector if the government ...
reuters.com/markets/commodities/glencore-seeks-investment-opportunities-nigerian-mining-sector-2024-04-26/
Kenyan government recommends regulating, not banning, TikTok: Kenya's government has advised lawmakers against banning TikTok over concerns about content shared ...
reuters.com/world/africa/kenyan-government-recommends-regulating-not-banning-tiktok-2024-04-25/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Raw materials from conflict region: Democratic Republic of Congo raises allegations against Apple
faz.net/aktuell/wirtschaft/rohstoffe-aus-konfliktregion-demokratische-republik-kongo-erhebt-vorwuerfe-gegen-apple-19679688.html
The Nigerian movie industry has once again been thrown into mourning following the death of another veteran actor, Ganiyu Oyeyemi, popularly known as Ogunjimi ... Show more
South African democracy: Did the 'get-out-of-jail' vote live up to the hype?: Thirty years after Nelson Mandela's election and apartheid's end ...
bbc.com/news/world-africa-68896379
DR Congo presses Apple over minerals supply chain, lawyers say: Democratic Republic of Congo is pushing Apple Inc for more information about its supply chain ...
reuters.com/markets/commodities/dr-congo-presses-apple-over-minerals-supply-chain-lawyers-say-2024-04-25/
”The negotiation by the Tripartite Committee is still ongoing. If you remember, the TUC earlier submitted N447,000 as the new minimum wage but we have ... Show more
New minimum wage announcement not feasible on May 1 - TUC President
New minimum wage announcement not feasible on May 1 - TUC President
Residents of Sierra Leone have described their frustration at the blackouts which have plagued the country in recent weeks.
The power cuts ... Show more
Africa Live: DR Congo legal warning to Apple is 'first move' - lawyer - BBC News
Africa Live: DR Congo legal warning to Apple is 'first move' - lawyer - BBC News
Some US troops set to depart Chad, at least temporarily: The United States is planning to temporarily withdraw some of its troops from Chad, U.S ...
reuters.com/world/some-us-troops-set-depart-chad-least-temporarily-2024-04-25/
Business Class from Copenhagen, Denmark to Johannesburg, South Africa for only €1440 roundtrip (lie-flat seats)
secretflying.com/posts/business-class-from-copenhagen-denmark-to-johannesburg-south-africa-for-only-e1440-roundtrip/
Through Aramco, Peak China courts Peak Oil: Exchanges between China and Arab states stretch back centuries along the ancient Silk Road. More recently ...
reut.rs/3Wf4u9E
Defense startup True Anomaly lays off around 25%, cancels summer internship: Space and defense startup True Anomaly has laid off around 25% of its workforce and ...
techcrunch.com/2024/04/25/defense-space-startup-true-anomaly-layoffs-cancels-internship/
HAPPENING NOW: Sergeant Rose Nyawira Wachira's burial ceremony at Kagio, Kirinyaga County. She died in the helicopter crash that killed CDF Francis Ogolla and ... Show more
S-Oil expects Q2 refining margins to remain steady then trend upward: South Korea's S-Oil forecast on Friday that second-quarter refining margins will be steady ...
reuters.com/business/energy/s-oil-says-q2-refining-margins-remain-steady-then-trend-upward-2024-04-26/
Machogu: Why TVET is solution to future jobs: Ezekiel Machogu says TVET is a powerful tool to prepare the youth for the labour market and provide lifelong ...
standardmedia.co.ke/education/article/2001493919/machogu-why-tvet-is-solution-to-future-jobs
Bank of Singapore uncovers misuse of medical benefits; fires some employees: Claims were made by employees for items such as bird’s nest and skincare products ...
channelnewsasia.com/singapore/bos-bank-singapore-ocbc-medical-claims-clinic-thomson-thompson-4294521
Warsaw, Poland to Togo for only €421 roundtrip: Cheap flights from Warsaw, Poland to Togo for only €421 roundtrip with Brussels Airlines.
secretflying.com/posts/warsaw-poland-to-togo-for-only-e421-roundtrip/
The latest on the US economy and other economics stories to read: Top economy stories: Lastest on the US economy; Bank of Japan keeps interest rates steady; ...
weforum.org/agenda/2024/04/us-economy-economics-finance-news-26-april/
Top G20 Ministers Back 2% Wealth Tax for Global Billionaires | Common Dreams: "It is time that the international community gets serious about tackling ...
commondreams.org/news/wealth-tax
Egyptian delegation arrives in Israel to revive deadlocked ceasefire and hostage talks
cnn.com/2024/04/26/middleeast/egyptian-delegation-in-israel-to-revive-deadlocked-ceasefire-and-hostage-talks-intl/
Education department will hire temps to fill 31 000 teacher vacancies: The Centre for Development and Enterprise has estimated that South Africa will need 456 ...
mg.co.za/article/2024-04-24-education-department-will-hire-temps-to-fill-31-000-teacher-vacancies/
Quick Glance: Education Department to Hire Temps for 31,000 Teacher Vacancies
- Basic Education Minister Angie Motshekga has begun recruiting individuals to address the acute teacher shortage of 31,000 positions in the country.
- There is a 28% increase from the 24,000 vacancies in 2021, with KwaZulu-Natal having the highest number of 7,044 unfilled posts.
- The lack of teachers has led to overcrowded classrooms, burdened educators, educational disparities, and financial strains on the schooling system, impacting the quality of education.
- The education department awarded nearly 12,000 bursaries to trainee teachers through the Funza Lushaka bursary scheme, but provincial education departments struggle to place graduates in positions.
The Key to Transforming African Health | by Jayati Ghosh - Project Syndicate: Jayati Ghosh highlights efforts to foster scientific innovation and drug ...
project-syndicate.org/commentary/africa-must-produce-its-own-drugs-and-vaccines-by-jayati-ghosh-2024-04
Paid articlePaid South Africa Far East Cable Damage Cuts Internet in Mauritius, Islands: Damage to an undersea cable off the African coast is exacerbating disruptions of internet ...
bloomberg.com/news/articles/2024-04-26/undersea-cable-damage-cuts-internet-to-islands-off-africa-coast
Solicitor General Elizabeth Prelogar again in the spotlight fighting the conservative Supreme Court on abortion
cnn.com/2024/04/24/politics/solicitor-general-elizabeth-prelogar-idaho-abortion/
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
- The Supreme Court seems divided on access to emergency abortions in states with near-total bans.
- The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.
- The debate raises questions about fetal personhood and abortion rights conflict.
- The court's decision could affect abortion access in 14 states with strict abortion bans.
Unlocking Africa's $1trn food economy: Global aid with strategic investments can help address systemic barriers to achieving Africa’s $1 trillion food economy by ...
weforum.org/agenda/2024/04/unlocking-africas-1-trillion-food-economy/
Columbia’s University Senate Calls for an Investigation Into the Administration: The senators voted for a resolution that accused the administration of ...
nytimes.com/2024/04/26/us/columbia-university-nemat-shafik-vote.html
Quick Glance: Columbia University Senate Pushes for Admin Investigation
- The university senate voted on a resolution accusing the administration of breaching the rights of students and professors.
- Based on a report by the senate executive committee, the administration was criticized for engaging in harmful actions.
- Allegations included the hiring of aggressive private investigators who harassed students and intruded into student rooms.
- The resolution passed with a 62-14 vote, falling short of a censure proposal against Dr. Shafik.
GWR: Ghanian student sets new record for hugging 1,123 trees in one hour
A 29-year-old Ghanaian environmental activist and forestry student, Abubakar Tahiru ... Show more
GWR: Ghanian student sets new record for hugging 1,123 trees in one hour
GWR: Ghanian student sets new record for hugging 1,123 trees in one hour
A top official in the university, who asked not to be named, said the female student reported the the lecturer to the university management after he reportedly ... Show more
Nigerian lecturer caught attempting to sexually assault female student
Nigerian lecturer caught attempting to sexually assault female student
Warsaw, Poland to Addis Ababa, Ethiopia for only €285 roundtrip: Cheap flights from Warsaw, Poland to Addis Ababa, Ethiopia for only €285 roundtrip.
secretflying.com/posts/warsaw-poland-to-addis-ababa-ethiopia-for-only-e285-roundtrip/
Big Daddy dune: Namibia angered by tourists posing naked in dune safari: Photos of the three naked tourists have gone viral in Namibia, angering the authorities.
bbc.com/news/world-africa-68895522
KPLC to pay Sh500 million for Nakumatt fire tragedy: KPLC will pay the owner of a building that housed Nakumatt Downtown supermarket more than Sh500 million for ...
standardmedia.co.ke/business/business/article/2001493801/kplc-to-pay-sh500-million-for-nakumatt-fire-tragedy
Italy sets conditions for Vitol's takeover of Saras: Italy's government has given a conditional green light to Vitol's plan to take over oil refiner Saras ...
reuters.com/markets/deals/italy-sets-conditions-vitols-takeover-saras-2024-04-26/
Morocco map row: Club given 3-0 win after refusing to play in Algeria: A Moroccan club is awarded a 3-0 win despite refusing to play after their kit was ...
bbc.com/sport/football/articles/c6py7r94vlno
Africa to redoubles efforts boost health safety through manufacturing: Through enhanced regional cooperation, self-sufficiency, and innovative approaches ...
standardmedia.co.ke/health/health-science/article/2001493917/africa-to-redoubles-efforts-boost-health-safety-through-manufacturing
Zillow to parents after 'Bluey' episode 'The Sign': Moving 'might just be a good thing'
usatoday.com/story/money/business/2024/04/26/zillow-bluey-the-sign-ad-ryan-reynolds/73467539007/
Bomb squad rushed to KLIA after 'explosive' laptop found: SEPANG: The bomb disposal unit was rushed to the KL International Airport Cargo Centre after a package ...
thestar.com.my/news/nation/2024/04/25/bomb-squad-rushed-to-klia-after-039explosive039-laptop-found
Implats weighs 3,900 job cuts in South Africa as price rout takes toll: Impala Platinum could cut 3,900 jobs as it restructures its South African operations due ...
reuters.com/markets/commodities/implats-weighs-3900-job-cuts-south-africa-price-rout-takes-toll-2024-04-26/
Kura announces road closures in Nairobi due to flooding: Motorists urged to be cautious while driving.
nation.africa/kenya/counties/nairobi/kura-announces-road-closures-in-nairobi-due-to-flooding-4601706
Is Africa’s soil healthy enough for food security? [Business Africa] | Africanews
africanews.com/2024/04/25/is-africas-soil-healthy-enough-for-food-security-business-africa/
![Is Africa’s soil healthy enough for food security? [Business Africa] | ...](/web/db/posts/45147/45147080.jpg)
Climate change is bringing malaria to new areas | Africanews: The malaria parasite mostly spreads to people via infected mosquitoes and can cause symptoms ...
africanews.com/2024/04/25/climate-change-is-bringing-malaria-to-new-areas/
Quick Glance: Combatting Malaria: Challenges and Solutions
- Progress in reducing malaria has stalled in recent years, especially in African regions. Pregnant women, young children, and other vulnerable groups continue to have limited access to malaria services.
- Infants and young children are disproportionately affected by malaria, especially in poorer households in sub-Saharan Africa. Pregnant women are at increased risk of malaria due to immunity loss.
- Refugees, migrants, and indigenous peoples are also at higher risk of malaria and often lack access to necessary services.
- Climate change and humanitarian emergencies contribute to making vulnerable populations more susceptible to malaria. Measures like combating discrimination and integrating malaria control interventions into universal health coverage can help achieve a malaria-free world.
Deadly floods wreak havoc in Kenya’s capital — in pictures Deadly floods wreak havoc in Kenya’s capital | Climate Crisis News | Al Jazeera
Cost of preparing Jollof rice up 29.3% – Report: The SBM Jollof Index tracks how much it costs to make a pot of jollof rice for a family of five
premiumtimesng.com/agriculture/689379-cost-of-preparing-jollof-rice-up-29-3-report.html
New 255-room sustainable hotel to open at Changi Airport Terminal 2 by 2028: Hotel Indigo Changi Airport will feature a rooftop day club, bar and infinity pool ...
channelnewsasia.com/singapore/changi-airport-terminal-2-hotel-indigo-infinity-pool-rooftop-bar-dayclub-4294241
Knec to pilot first Grade 9 assessment before October: The assessment will replace the Kenya Certificate of Primary Education examinations.
nation.africa/kenya/news/education/knec-to-pilot-first-grade-9-assessment-before-october-4602582
Kenya: Flooding in Tanzania and Kenya Claims Scores of Lives: After days of torrential rain across East Africa, Tanzania's prime minister says at least 155 ...
allafrica.com/stories/202404260023.html
Singapore's Keppel profit rises on strong infra, connectivity performance: Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects ...
reuters.com/business/singapores-keppel-posts-higher-first-quarter-profit-2024-04-24/
An Ethiopian Airlines flight that landed in Beirut with 'Tel Aviv' written on its side has upset Lebanese authorities, as the country is technically at war ... Show more
Hala Rharrit, State Dept official, resigns over Biden admin's Gaza policy: Rharrit, State Department's spokesperson for MENA region, quits months after ...
trtworld.com/us-and-canada/hala-rharrit-state-dept-official-resigns-over-biden-admins-gaza-policy-17921809
Egypt's Al Ahly under pressure to end Coca-Cola contract over alleged Israel links
middleeasteye.net/news/egypt-al-ahly-fc-under-pressure-end-ties-coca-cola-israel-boycott-gaza-war
Farmers earn Sh1b from coffee: n the sale the farmers earned better returns as compared to the past
standardmedia.co.ke/farmkenya/market/article/2001493870/farmers-earn-sh1b-from-coffee
Non-stop from Paris, France to Praia, Cape Verde for only €255 roundtrip: Non-stop flights from Paris, France to Praia, Cape Verde for only €255 roundtrip.
secretflying.com/posts/paris-france-to-cape-verde-for-only-e238-roundtrip/
Stranded cargo shows credit challenges at Nigeria's Dangote refinery: Chinese state energy major PetroChina has been waiting to unload a cargo of U.S ...
reuters.com/markets/commodities/stranded-cargo-shows-credit-challenges-nigerias-dangote-refinery-2024-04-25/
NPTAB says working to address criticisms by procurement commission: Chairman of the NPTAB, Tarachand Balgobind said on Wednesday that he has acknowledged the ...
stabroeknews.com/2024/04/26/news/guyana/nptab-says-working-to-address-criticisms-by-procurement-commission/
ICYMI 👀'A dirty lie': Endorsement of a carbon capture pilot project in Mpumalanga is better invested in solar and wind, according to Climate Justice ... Show more
Mpumalanga carbon capture pilot project completed - Oxpeckers
Mpumalanga carbon capture pilot project completed - Oxpeckers
Textron to cut 1,500 jobs as program cancellations, weak demand hit results: Textron is expanding its restructuring plan to include about 1,500 job cuts ...
reuters.com/business/aerospace-defense/textron-cut-1500-jobs-program-cancellations-weak-demand-hit-results-2024-04-25/
PHOTOS: Vehicles Burnt As Tanker Explodes In RiversNo fewer than 10 vehicles have been burnt as a result of a tanker explosion at the Eleme section of the ... Show more
Four feared killed in Rivers tanker explosion
Four feared killed in Rivers tanker explosion
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