News

South Africa’s largest real estate investment trust (REIT), Redefine Properties, has reported a 4.1% decline in its distributable income for the year ended August 31, 2023, amid challenging economic conditions …

A powerful earthquake rocked Nepal’s northwest region on Friday night, killing at least 157 people and injuring hundreds more, according to officials. The quake, which measured 5.7 in magnitude, was …

Thousands of Senegalese migrants have attempted to reach Spain’s Canary Islands by boat in recent months, risking their lives in the perilous Atlantic crossing. Many have died or gone missing …

US President Joe Biden has expressed his strong support for the reauthorization and modernization of the African Growth and Opportunity Act (AGOA), a key trade program that grants duty-free access …

The dollar has hit a six-week low as new data reveals weaker-than-expected job creation in the United States, raising doubts about further interest rate hikes by the Federal Reserve. The …

Nigeria’s national grid recently collapsed again, plunging the country into darkness—a recurring issue lamented by President Bola Tinubu during German Chancellor Olaf Scholz’s visit to Abuja. The World Bank estimates …

In a historic and long-awaited development, the first group of British nationals successfully made their way from Gaza to Egypt through the Rafah border crossing. This momentous achievement, announced by …

In a landmark stance, German Chancellor Olaf Scholz has endorsed the inclusion of a permanent African seat on the United Nations Security Council (UNSC), advocating for greater representational equity. During …

AFEX, a leading African commodities platform, has received a $26.5 million investment from British International Investment (BII), the UK’s development finance institution and impact investor. The partnership aims to boost …

As China’s nascent economic recovery teeters, Asia’s manufacturing sector faces escalating challenges, impacting major exporters grappling with weaker global demand and increased prices. Purchasing managers’ indexes (PMIs) for manufacturing powerhouses …