News

Woolworths faces a significant profit decline as South African consumers cut back on spending. The retailer navigates a challenging economic landscape.

Jacob Zuma expelled from ANC for backing MK party in election, altering political operations in South Africa.

TotalEnergies withdraws from South African gas block due to development challenges, impacting energy goals.

A Ugandan activist was sexually assaulted in custody during anti-corruption protests, sparking widespread criticism. Police deny the allegations.

The IMF has approved $820 million for Egypt, but emphasizes the need for further economic reforms. The funding aims to stabilize the country’s economy amid ongoing challenges.

Morocco releases several jailed journalists and pardons 2,476 convicts in a significant move towards reconciliation, signaling hope for greater press freedom.

Ethiopia floats the birr to secure IMF support, causing a 30% drop in value.

Nigeria and the US sign a significant MOU aimed at enhancing trade, investment, and economic cooperation across key sectors, fostering mutual growth.

July 2024 saw unprecedented global heat, setting new records and highlighting the urgent need for climate action. Extreme heatwaves affected millions worldwide, exacerbating the climate crisis.

A tragic stampede at a Kinshasa concert by Fally Ipupa leaves 13 dead, prompting calls for improved crowd control and event safety in the Democratic Republic of the Congo.