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Stocks tumble on bets Kevin Warsh is Trump’s Fed pick

Global financial markets came under pressure on Friday as stocks slumped and the U.S. dollar and government bond yields surged after President Donald...

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Uganda Revises Down Economic Growth Outlook for Coming Fiscal Year

Uganda’s economy is now projected to grow between 6.5% and 7% in the financial year beginning in July, a sharp downward revision from...

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South African Rand Slides as Stronger Dollar and Key Data Loom

The South African rand weakened against a firmer U.S. dollar in early trade on Friday, as investors adopted a cautious stance ahead of...

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ArcelorMittal Extends Liberia Mining Deal to 2050, Deepening $3.5 Billion Investment

Multinational steelmaker ArcelorMittal has extended its long term agreement with the government of Liberia covering the mining and shipment of iron ore, reinforcing...

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Historic Alexandria Tramway Faces Shutdown Amid Contested Overhaul

As the blue and white tram carriages rattle into a large square in the heart of Alexandria, the doors creak open to a...

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Burkina Faso Junta Dissolves Political Parties in Further Power Consolidation

Burkina Faso’s military led government has dissolved all political parties and repealed the legal framework governing their operations, according to a decree approved...

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Tear Gas Used as Protests Erupt Over Demolition of Makoko Floating Community in Lagos

Nigerian police fired tear gas on Wednesday to disperse angry residents protesting demolition work in Makoko, one of Africa’s largest floating slums, after...

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Human-Caused Climate Change Intensified Deadly Floods in Southern Africa

Researchers have confirmed that human-driven climate change worsened the recent torrential rains and floods that devastated parts of southern Africa, killing over 100...

BusinessNews

Gold Surges Toward $5,600 as Investors Flock to Safe Havens

Gold prices surged on Thursday, hovering just below $5,600 an ounce, as investors sought refuge amid escalating geopolitical tensions and global economic uncertainty....

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Germany’s Merz Rules Out Cooperation with Far Right AfD After State Election

Germany’s Christian Democratic Union (CDU) leader, Friedrich Merz, has ruled out any cooperation with the far-right Alternative for Germany (AfD) party following recent...

Ukraine Received 11 Requests for Help Countering Iran’s Shahed Drones, Zelenskiy Says

Ukraine has received 11 requests from different countries seeking assistance to counter Iranian made Shahed drones, President Volodymyr Zelenskyy said, highlighting Kyiv’s growing...