Senegal reshuffles cabinet to create ‘commitment and combat’ government
A power struggle has been playing out this year between Prime Minister Ousmane Sonko and President Bassirou Diomaye Faye against the backdrop of major economic challenges.
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Ethiopia to inaugurate Africa's largest dam, despite opposition
The dam on the Nile River — under construction for 14 years — will provide electricity to almost half of the country’s 120 million people.
Saudi Arabia lures The Met Opera with $200M deal
The New York company will perform in Riyadh for three weeks each winter for five years, in exchange for a financial lifeline.
Red Sea cables damage slows internet in Asia
The Red Sea, responsible for 90% of Europe and Asia digital communications, has been the site of critical infrastructure attacks by the Houthis in Yemen.
US investor Accion’s $62M fund to back more African startups
Nigerian payroll management startup PaidHR and Kenyan online commerce venture Flowcart are among those who secured funding..
Arab states ramp up criticism of Israel plans
The rhetoric is rising in the Middle East, just two weeks before dozens of nations are expected to back a Saudi-French plan to recognize a Palestinian state.
US and China drive record Saudi FDI
FDI inflows to Saudi hit $31.7 billion in 2024, up 24% from a year earlier, and are on track for another record this year.
Saudi mortgage securities frees banks for Vision 2030 buildout
The kingdom’s first issuance is a step toward shifting $180 billion in mortgages off bank balance sheets and into the hands of investors.
Argentina opposition wins Buenos Aires vote in blow to Milei
Pre-election polls showed Milei’s party tied at the top, but the leftist opposition won by more than 13 percentage points.
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