The global economic environment has become increasingly volatile with rising frequency of major shocks worldwide. Amid spikes in energy, food and fertilizer prices caused by the ongoing conflict in the Middle East, the African Development Bank (AfDB) (www.AfDB.org), the African Union Commission (AUC) the United Nations Development Programme (UNDP), and the UN Economic Commission for…
Amsterdam / Omdurman — Syrian-French photojournalist Abdulmonam Eassa has been named as one of the winners in the 2026 World Press Photo Contest, for emotive images captured in Sudan while covering the war for the French magazine Le Monde, making him eligible to win the 2026 World Press Photo of the Year. The Damacus-based Syrian-French…
The personal consumption expenditures price index was expected to show a 3% core inflation rate in February, according to the Dow Jones consensus. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
MultiChoice has unveiled a significant retention strategy as it prepares to shutter the Showmax platform on April 30, 2026. In an attempt to migrate its standalone streaming audience, the broadcaster is offering Showmax subscribers DStv Stream Compact for R99/month—a 67% discount on the standard R299/month rate. Read: ShopriteX debuts Pixie, an AI assistant for Sixty60…
As low and middle-income countries (LMICs) continue to shoulder a disproportionate burden of smoking-related disease, access to pragmatic, evidence-based harm reduction solutions is becoming an increasingly urgent public-health priority. Philip Morris International’s newly released 2025 Value Report offers an important snapshot of how tobacco harm reduction—through the accelerated adoption of smokefree products (SFPs)—is beginning to…
Despite vast agricultural potential, Africa still imports billions of dollars’ worth of food and depends heavily on food aid. Dr. Meshack Malo is the Deputy Regional Representative for Africa at the Food and Agriculture Organization of the United Nations (FAO) and explains both the challenges and why technology and youth will determine whether the continent…
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Dr Titus Mathe, the new CEO of the Technology Innovation Agency. (Image: Supplied) The Technology Innovation Agency (TIA) has appointed Dr Titus Mathe as its new chief executive officer (CEO), effective 1 April. Mathe replaces Ismail Abdoola, who held the CEO role in an acting capacity. In a statement, the agency says it looks forward…
Washington — The World Bank Group has supported new Country Partnership Frameworks (CPF) with Burkina Faso, Chad, Mali, and Niger for the 2026-2031 period. These frameworks aim to stimulate job creation, especially for youth and women, by strengthening human capital, infrastructure, and agricultural productivity, while supporting targeted reforms and private sector development. Grounded in the…
Cairo, Egypt — Africa’s multilateral lender, African Export-Import Bank, has approved a $10 billion emergency facility to shield African and Caribbean economies from the fallout of escalating tensions in the Gulf, as policymakers race to contain a fresh wave of global economic disruption. The lender’s board signed off on the Gulf Crisis Response Programme (GCRP),…
