Abuja — The Economic Community of West African States (ECOWAS) has raised fresh concerns over the escalating hostilities in the Gulf region, cautioning that a prolonged conflict could unleash severe economic and security repercussions far beyond the Middle East, with Africa among the hardest hit. In a statement issued under the chairmanship of Julius Maada…
Kenya-based electric mobility company Spiro has secured $50 million in new funding to expand its battery-swapping network and electric two-wheeler operations across Africa. The round includes debt financing from Afreximbank and participation from Nithio and Africa Go Green Fund, managed by Cygnum Capital. It follows a $100 million raise announced last year. Spiro operates assembly…
NewsFeed Tens of thousands of Lebanese civilians are leaving areas in Beirut following Israeli strikes and forced displacement orders. Earlier Hezbollah launched a retaliatory attack on Israel. Al Jazeera’s Zeina Khodr is amid the heavy traffic. Published On 2 Mar 20262 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera…
NTT DATA x Ericsson NTT DATA, a global leader in AI, digital business and technology services, and Ericsson (NASDAQ: ERIC) today announced a multi-year strategic partnership to accelerate enterprise adoption of private 5G and unlock advanced edge AI and physical AI use cases. As organizations look to embed intelligence at the edge across global operations,…
The biggest disruption to global air transport since the Covid pandemic continued on March 1, with thousands of flights affected and busy Middle Eastern hubs including Dubai and Doha shuttered as Iran lashed out after U.S.-Israeli strikes. Justin Tallis | Afp | Getty Images Airline stocks led losses in Asia on Monday as Middle East…
Brent crude jumped 10% to about US$80/barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes on Iran plunged the Middle East into a new war. “While the military attacks are themselves supportive for oil prices, the key factor here…
The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil soared 12%, while Brent, the international oil benchmark, surged 14% after trading began at 6 p.m. ET. Sunday. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s…
Musaffa Expands Faith-Aligned Investing With Their Global Halal Investment Platform for US Markets Musaffa, a leading fintech platform dedicated to Shariah-compliant investment research and Islamic Finance Education, recently announced the launch of its Global Halal Investment Platform. This new platform provides 600,000+ Muslim investors across 200+ countries with expanded access to US capital markets via…
Several deaths are reported across the Middle East as Tehran retaliates for massive strikes by the US and Israel.
Helmut Reisinger, CEO of Palo Alto Networks in Europe, the Middle East and Africa Palo Alto Networks, the world’s largest pureplay cybersecurity company, said it is betting big on South Africa. The US company sees growth rates “way above” what it achieves at a global level, according to Helmut Reisinger, its CEO for Europe, the…
