Africa: AU Demands Red Sea De-Escalation, Warning Houthi Strikes Threaten Littoral Economies, Global Trade

Africa: AU Demands Red Sea De-Escalation, Warning Houthi Strikes Threaten Littoral Economies, Global Trade

The African Union (AU) Commission has issued an urgent call for de-escalation in the Red Sea region, expressing grave concern over attacks targeting regional economic infrastructure and ongoing threats to international commercial shipping through the Bab el-Mandeb Strait. In a statement released on September 17, the AU Commission condemned attacks launched by Houthi forces against…

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Kenyan high court strikes down Vodacom acquisition of Safaricom

Kenyan high court strikes down Vodacom acquisition of Safaricom

Kenya’s High Court has declared the government’s sale of a 15% equity stake in Safaricom to South Africa’s Vodacom Group unconstitutional, ordering the shares restored to the state. The ruling nullifies the December transaction that would have increased Vodacom’s controlling interest in East Africa’s largest telecommunications provider to 55%, while reducing the Kenyan Treasury’s holding…

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