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The M23 rebels in eastern Congo have captured the strategic town of Walikale, rejecting a ceasefire call from the Congolese and Rwandan leaders. The situation reflects a larger conflict rooted …
M23 Rebels Capture Walikale, Reject Ceasefire Efforts in Eastern Congo Read More
Minerva aims to reduce its debt after a major acquisition despite recent losses and market challenges. Analysts express concerns regarding its operational efficiency and increasing debt levels, urging investors to …
Minerva Plans Debt Reduction Post Acquisition Amid Operational Concerns Read More
South Africa’s central bank paused its rate cuts, keeping the repo rate at 7.50% due to trade risks and budget issues, despite stable low inflation. Governor Kganyago emphasized the need …
South Africa’s Central Bank Maintains Rate Amid Economic Concerns Read More
Ethiopian Prime Minister Abiy Ahmed has ruled out conflict with Eritrea over Red Sea access, emphasizing dialogue despite rising military tensions. Eritrea’s military mobilization and accusations of Ethiopian ambitions over …
Ethiopia’s Commitment to Peaceful Resolution Over Red Sea Access Read More
Ethiopian Prime Minister Abiy Ahmed has announced that Ethiopia will not engage in war with Eritrea over Red Sea access, emphasizing dialogue instead. This decision follows regional tensions and military …
Ethiopian Prime Minister Reiterates Peaceful Intentions Towards Eritrea Read More
The conflict in Eastern Congo, driven by Rwandan-backed M23 rebels, has led to the closure of Heineken’s Bralima brewery in Bukavu, endangering local businesses and the economy. Adolphe Amani, a …
Congo Conflict Closes Heineken Brewery, Devastates Local Economy Read More
Jio Financial Services has preliminarily partnered with Allianz SE to create an insurance business in India. This follows Allianz’s sale of a stake in Bajaj Finserv. Discussions regarding ownership structure …
Jio Financial and Allianz SE Collaborate for New Insurance Venture in India Read More
Brazil’s 2025 budget bill now anticipates a primary surplus of 15 billion reais, up from 3.7 billion. The revision comes as revenue forecasts improve. President Lula’s new fiscal framework aims …
Brazil’s 2025 Budget Bill Revised to Project Higher Primary Surplus Read More
Russia and the U.S. will discuss Black Sea shipping safety and Ukraine peace in Jeddah talks next week, as stated by the Kremlin. Spokesman Dmitry Peskov noted discussions might begin …
Russia and U.S. Prepare for Black Sea Shipping and Ukraine Talks in Jeddah Read More
The U.S. has delayed $2.6 billion in climate finance to South Africa, blocking a $500 million disbursement from CIF, thus raising concerns about the funds’ disbursement. CIF meetings in June …
United States Delays $2.6 Billion Climate Financing for South Africa Read More