Africa: After the Two Sessions – a Look At China-Africa Relations – New Opportunities, New Cooperation

Africa: After the Two Sessions – a Look At China-Africa Relations – New Opportunities, New Cooperation

Interview with the Chinese Ambassador H. E. Yin Chengwu From March 5 to 12, 2026, the Fourth Session of the 14th National People’s Congress of China and the Fourth Session of the 14th National Committee of the Chinese People’s Political Consultative Conference, normally called annual “Two Sessions”, were held in Beijing. During the sessions, Chinese…

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Rimini Street Announces Debt Reduction and Amendment to its Credit Agreement

Rimini Street Announces Debt Reduction and Amendment to its Credit Agreement

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100,…

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Africa: After the Two Sessions – a Look At China-Africa Relations – New Opportunities, New Cooperation

Africa: Monimichelle Hails Adamu’s Appointment, Wants Him to End Poor Pitches in Africa

Nigeria’s sports facilities expert, Ebi Egbe, has congratulated Mr. Samson Adamu, on his appointment as Ag. General Secretary of the Confederation of African Football (CAF). Egbe who is the CEO of Monimichelle Sports Facilities Limited said in his congratulatory message to Adamu that hard work and diligence earned the Nigerian that exalted position in CAF….

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Africa: After the Two Sessions – a Look At China-Africa Relations – New Opportunities, New Cooperation

Africa: Mozambique Becomes Africa’s Most Distressed Sovereign As Spreads Surge

Mozambique has overtaken Senegal as Africa’s most distressed sovereign borrower, as rising global energy costs add pressure to its finances. The country’s sovereign yield spread widened to 1,473 basis points, surpassing Senegal’s 1,423 basis points, according to data tracked by JPMorgan Chase. Spreads above 1,000 basis points are widely seen as a sign of distress….

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R12.1-billion wasted as government IT projects collapse

R12.1-billion wasted as government IT projects collapse

The Auditor-General of South Africa has flagged the State IT Agency (Sita) as a “systemic risk” to government IT, citing R12.1-billion in failed public technology projects as evidence. According to the Auditor-General’s consolidated general report on national and provincial audit outcomes for 2024/2025, South Africa’s public ICT governance ecosystem is in structural decline, with the…

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Afreximbank Underwrites U.S..5-Billion in a U.S.-Billion Syndicated Term Loan for Dangote Petroleum Refinery and Petrochemicals Fze

Afreximbank Underwrites U.S.$2.5-Billion in a U.S.$4-Billion Syndicated Term Loan for Dangote Petroleum Refinery and Petrochemicals Fze

African Export-Import Bank (Afreximbank) is pleased to announce that it has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). Afreximbank and Access Bank were appointed co-Mandated Lead Arrangers for the five-year facility to consolidate existing financing, optimise its capital structure and align with…

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Trump says Iran has requested a ceasefire as he threatens to pull U.S. out of NATO

Trump says Iran has requested a ceasefire as he threatens to pull U.S. out of NATO

President Trump claimed in a post on his Truth Social network on Wednesday that Iran’s president had “just asked the United States of America for a CEASEFIRE!” Mr. Trump said Iran’s “New Regime President, much less Radicalized and far more intelligent than his predecessors,” had requested the ceasefire. Iran currently has the same president it’s…

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