Kenya plans new debt-for-food security deal: Report
The $1 billion swap is a move to reduce the country's spiraling debt burden, Reuters reported.
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Walmart to open first South Africa stores
Walmart’s presence has previously been through its ownership of Massmart, a group with a portfolio of 300 stores in eight sub-Saharan African countries.
South Africa records rapid economic growth
The continent’s largest economy grew 0.8% in the three months to June, compared with the previous quarter, driven by manufacturing and mining.
Saudi speeds up Riyadh, Red Sea gigaprojects
Nearly half of the kingdom’s development plans are tied to the sovereign wealth fund’s five gigaprojects: NEOM, Diriyah, ROSHN, Red Sea, and Qiddiya.
UAE startup charters planes for pets and their owners
Dubai’s latest jet-setters aren’t hedge funders or influencers, they’re poodles and pomeranians.
Aramco, Sinopec launch $9.8B refining venture in China
The world’s second-largest economy is increasingly looking to secure the raw materials needed to power its industrial ambitions.
Permira, Blackstone back UAE property site
Private equity giants’ $525 million Property Finder investment latest sign of growing interest in Middle East deals.
Trump floats 100% tariffs on China, India over Russia support: Report
According to the Financial Times, Trump made the proposal during a call with European leaders this week.
South Africa sends trade delegation to DC to seek lower tariffs
US President Donald Trump slapped a 30% tariff on South African imports over what he alleges are laws that discriminate against white people.
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