Asia-Pacific markets traded mostly higher Friday, after Iran and Oman were reportedly drafting a protocol to “monitor transit” through the Strait of Hormuz, raising hopes that the crucial waterway could partially reopen. Tanker traffic through the key oil-shipping route “should be supervised and coordinated” with the two countries, said Kazem Gharibabadi, Iran’s deputy foreign minister of…
The United Nations General Assembly is due to vote on Wednesday on a resolution that would designate the transatlantic African slave trade as “the gravest crime against humanity”, a move that supporters describe as both historic and essential to global healing. Backed strongly by African nations, the initiative at the UN seeks not only to…
The resolution passed by United Nations General Assembly on 25 May 2026 seeking recognition of the transatlantic slave trade as the “gravest crime against humanity” potentially creates a broader definition of crimes against humanity in international law and allows for restitution claims against perpetrators. The resolution could elevate the legal and moral standard for what…
The UN General Assembly has passed the resolution on transatlantic slavery despite opposition from the US and European countries. The UN General Assembly has adopted a resolution recognizing the trafficking of enslaved Africans as the “gravest crime against humanity.” 123 countries voted in favor of the resolution, which was championed by Ghana and backed by the African Union and…
The African Union Commission has welcomed a new resolution by the United Nations General Assembly recognizing the transatlantic slave trade as one of the gravest crimes against humanity. In a statement, the Chairperson of the Commission praised the adoption of Resolution A/80/L.48, which was led by Ghana. The Chairperson described the move as a major…
African Export-Import Bank (Afreximbank) has officially launched the inaugural cohort of its “Afreximbank Accelerator Programme,” bringing together eight high-potential startups from across Africa and the diaspora for an intensive kick-off week taking place in Cairo from 23-27 March 2026. Selected from a highly competitive pool of over 1,600 applications, the cohort represents some of the…
The UN General Assembly on Thursday designated the transatlantic African slave trade as “the gravest crime against humanity,” despite opposition from the United States and abstentions from several European countries including France, Germany and Britain. In a move advocates hailed as a step towards healing and possible reparations, the resolution was adopted to applause by…
Only three countries voted against the resolution: Argentina, Israel, and the US. The United Nations General Assembly has voted to recognise the transatlantic slave trade as the gravest crime against humanity. Ghana, on Wednesday, introduced the resolution to the assembly and urged the contribution of a reparations fund. The country also asked UN members involved…
African countries face many trade barriers today. Wealthier countries subsidise their farmers, making African agricultural exports less competitive. Global trade rules promise extra support but are rarely implemented. Many African countries also lack the infrastructure, funding or political will to build industries. This leaves them stuck exporting raw materials instead of higher-value finished goods. They…
Australia and the EU sign sweeping trade and security deals after years of negotiations.
