Africa: International Funding for 30×30 Biodiversity Target Falls Billions Short of Global Goals

Africa: International Funding for 30×30 Biodiversity Target Falls Billions Short of Global Goals

Nairobi — A new study and interactive dashboard released today in Nairobi at the seventh session of the United Nations Environment Assembly (UNEA) finds that current international financial flows remain billions of dollars short of what is required to achieve the global biodiversity target of protecting and conserving at least 30 percent of the world’s…

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Africa: Poor Countries Welcome Loss and Damage Fund’s Call for Requests, Warn It Falls Short of Needs

Africa: Shoprite’s Africa Gamble Falls Flat

Shoprite sells five stores in Malawi to Karson, which must keep workers and report regularly to the competition commission. In Ghana, Shoprite plans to sell seven stores and a warehouse, marking another step back from its Africa dream. Shoprite is pulling out of Ghana and Malawi after struggling for years to make money outside South…

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MTN shares plunge as South African revenue falls

MTN shares plunge as South African revenue falls

Shares of MTN Group Ltd. experienced a steep decline in Johannesburg on Monday, falling by as much as 10%—the largest drop since March 2023. The plunge followed the announcement that the company’s South African revenue had fallen, leading to a management shake-up. Investors were also concerned about a U.S. Department of Justice probe into the…

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