The African Union (AU) Commission expresses its deep concern over the renewed escalation of hostilities between the United States of America and the Islamic Republic of Iran, despite ongoing diplomatic efforts aimed at reducing tensions and advancing a peaceful resolution. The Commission believes that these developments risk further destabilising an already fragile situation and threaten…
In response to xenophobic tensions, African ambassadors clarify they are postponing their own Africa Day celebrations for security reasons, not boycotting the main event in South Africa. African ambassadors to South Africa did not inform Pretoria, as reported, that they intended boycotting an Africa Day event in Moruleng, North West yesterday, to protest against xenophobic…
The Senegalese capital Dakar is hosting the 10th International Forum on Peace and Security in Africa on Monday and Tuesday – an anniversary edition taking place against a backdrop of major geopolitical shifts across the continent and competition over the continent’s resources. Thirteen years after its launch, the forum is being held in what organisers…
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on March 13, 2026. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets were mostly higher Monday, as investors continue to keep a cautious eye…
The price of crude oil has risen to over $100 per barrel from $90 in the global market, following the collapse of talks between the United States and Iran over the weekend. Crude oil prices had dropped to $90 per barrel from $100 last week, as market watchers anticipated that the talks would culminate in…
African assets have outperformed broader emerging markets since the start of the Iran conflict, challenging perceptions of the continent as a high-risk investment destination. Bloomberg data shows African local-currency bonds have declined less than the wider emerging-market index during the period. Over the past 12 months, they have delivered roughly double the returns of their…
Washington — The United States has this week invited senior officials from the Democratic Republic of the Congo and Rwanda to participate in discussions aimed at easing violence in eastern DR Congo, diplomatic sources said. Bilateral meetings between the United States and each delegation were scheduled for March 17, with a trilateral session expected on…
Addis Ababa — The African Union Commission (AUC) has voiced deep concern over the rising tensions in the Persian Gulf, warning that recent incidents targeting key infrastructure could threaten regional stability and disrupt the global economy. Chairperson of the Commission, Mahmoud Ali Youssouf, said the AUC is closely monitoring developments in the Gulf as a…
The fishing boat tried to flee when ordered to stop for an inspection inside Japan’s territorial waters, authorities say.
South Africa said on Friday that trade minister Parks Tau has signed a framework economic partnership agreement on a visit to China, which it described as a step towards securing duty-free access to the Chinese market for South African exports. Africa’s biggest economy is seeking to boost exports amid a tariff row with the US,…
