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Business

Nigerian Oil Regulator Rejects Shell’s $1.3 Billion Asset Sale to Local Consortium

Nigeria’s oil industry regulator has rejected Shell’s proposed $1.3 billion divestiture of its onshore assets to a local consortium, Renaissance Africa Energy Company...

Business

Jumia to Exit South Africa and Tunisia

Africa-focused e-commerce giant Jumia Technologies is set to shut down its South African fashion retailer Zando and cease its operations in Tunisia by...

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Pope urges Cameroon to reject violence at Mass that draws 120,000 people

Pope Leo XIV urged Cameroonians to reject violence and embrace peace during a massive open air Mass attended by about 120,000 people in...

Hedge fund stock buying hits $86 billion as Iran peace hopes, Goldman data shows

Hedge funds snapped up global equities at one of the fastest paces on record, buying $86 billion worth of stocks in just five...