Economy

old Fields to acquire Osisko Mining in a $1.6 billion deal, enhancing its North American presence and advancing the Windfall Lake Project.

Ethiopian Airlines finalizes the design deal for Africa’s largest airport, which will handle 100 million passengers annually by 2029.

The Biden administration is lifting its ban on offensive weapons sales to Saudi Arabia, signaling a shift in U.S. policy amid regional tensions and improved Saudi ties.

Somalia’s cabinet approves a bill to bring back universal suffrage, ending indirect voting for the first time in decades.

Ukraine regrets Niger’s decision to cut diplomatic ties, calling the move unfounded and baseless.

Kenyan police clashed with anti-government protesters in Nairobi, as the “Nane Nane” march demands President Ruto’s resignation. The situation escalates amid ongoing economic and political unrest.

The UK and Egypt issue advisories to avoid Iranian and Lebanese airspace due to rising military conflict risks, prompting global airline reroutes.

The UN World Food Programme faces a severe funding shortfall in its efforts to combat the worst drought in southern Africa in decades, putting millions at risk of hunger.

Pick n Pay raises $217 million in an oversubscribed rights offer, reflecting strong market confidence in its turnaround strategy.

Uganda charges opposition lawmakers and supporters over a protest march in Kampala, highlighting ongoing political tensions and human rights concerns in the region.