KUALA LUMPUR— Malaysia which has long ties with African countries has been urged to focus on Africa for more trade, investment, tourism and educational ties as the world’s second-largest continent offers numerous opportunities and vast potential for na…
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Malawi Faces Shortages of Foreign Exchange Currency
BLANYRE, MALAWI — Malawi is facing acute shortages of foreign exchange currency, forcing two international airlines to suspend some of their services in the country. The situation has negatively affected the operations of many more local and internatio…
Read MoreForeign Investors Consider Ditching China After Exports Slump
China’s export growth slumped in April to its lowest level in almost two years as the country’s “zero-COVID” policy continues to impact manufacturers and, according to trade experts, pushes many foreign businesses to reconsider operations in China.Expo…
Read MoreEx-South African convict becomes Mayor and gives up his salary
PRETORIA, A former convict who was recently appointed as mayor of a South African municipality has pledged to give up his salary and other trappings of the office.In his inauguration speech, Gayton McKenzie of the Patriotic Alliance (PA) party said no…
Read MoreSwiss to Unfreeze $430M as Egypt Money Laundering Probe Ends
Swiss prosecutors will not file any charges after concluding a decade-long investigation into alleged money laundering and organized crime linked to late former President Hosni Mubarak’s circles in Egypt, and will release some 400 million Swiss francs …
Read MoreUN: Aging Supertanker Off Yemen at ‘Imminent Risk’ of Spilling Oil
The United Nations warned Friday that an old, neglected oil tanker carrying more than a million barrels of oil is a ticking “time bomb” at “imminent risk” of a major spill off the coast of Yemen that could cost $20 billion to clean up.”If it were to ha…
Read MoreUN: Aging Supertanker Off Yemen at ‘Imminent Risk’ of Spilling Oil
The United Nations warned Friday that an old, neglected oil tanker carrying more than a million barrels of oil is a ticking “time bomb” at “imminent risk” of a major spill off the coast of Yemen that could cost $20 billion to clean up.”If it were to ha…
Read MoreSomalia: Somaliland launches $2 billion appeal after market inferno
HARGEISHA (Somaliland, Somalia), April 7 (NNN-AGENCIES) — The autonomous Somali region of Somaliland launched an international appeal for $2 billion in aid after a huge fire destroyed the main market in the capital Hargeisa, wiping out hundreds of busi…
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