During a candid and thought-provoking fireside chat at the ongoing Intra-African Trade Fair (IATF 2025), former Nigerian President, Olusegun Obasanjo, issued a powerful warning to African leaders: global financial institutions like the World Bank and IMF were not designed to serve Africa’s development interests. Moderated by CNBC Africa’s Fifi Peters, the session examined Africa’s trade…
Addis Ababa — Ethiopia has set an excellent example for the rest of the African continent through the Grand Ethiopian Renaissance Dam (GERD), a new benchmark for regional integration, an internationally respected American analyst, Lawrence Freeman, said. The dam, with a 5,150 megawatt of hydroelectric power to the East African nation, was inaugurated on Tuesday…
The deadly U.S. military strike in the Caribbean this week on a boat allegedly carrying drugs from Venezuela is the latest measure President Trump has taken to combat the threat he sees from the Tren de Aragua gang. The White House has offered few details on Tuesday’s attack and insists the 11 people aboard were…
Nick Burns, former U.S. ambassador to China who served in the role during the Biden administration, discusses China’s military parade that was attended by world leaders that included Russia’s Vladimir Putin and North Korea’s Kim Jong Un.
President Donald Trump sent his warmest regards to the leaders of China, Russia, and North Korea on Wednesday. The pleasantries, though, came with a twist — in the very same breath, he accused Xi Jinping, Vladimir Putin and Kim Jong Un of conspiring against the United States as the trio gathered at a massive military…
More than two dozen foreign heads of state and government are set to attend a military parade in Beijing on Sept. 3, 2025, commemorating the 80th anniversary of the end of World War II. Lintao Zhang | Getty Images News | Getty Images BEIJING — Chinese President Xi Jinping said Wednesday that the world was…
U.S. warships head to Venezuela U.S. warships head to Venezuela to combat drug cartel threats 03:35 Washington — The U.S. military on Tuesday struck a drug-carrying boat hailing from Venezuela, Secretary of State Marco Rubio said, as tensions spike between the Trump administration and the Venezuelan government. President Trump announced the strike in an unrelated…
Africa’s continental free trade area offers long-term promise, but expecting it to quickly compensate for US trade losses may be unrealistic. There’s a lot of hype right now about how intra-African trade through the African Continental Free Trade Area (AfCFTA) could replace the considerable loss of African exports to the United States (US) precipitated by…
Mexican senators came to blows Wednesday after a heated debate over alleged opposition calls for the United States to intervene militarily against drug cartels. Lawmaker Alejandro Moreno, leader of the opposition PRI party, went to the podium as Wednesday’s session ended and angrily confronted Senate president Gerardo Fernandez Norona, of the ruling Morena party, for…
Beijing — China said Wednesday that it would not participate in denuclearization talks with the United States and Russia, after President Trump said he hoped to include Beijing in negotiations. Mr. Trump on Monday said the United States was trying to pursue denuclearization with both countries. “I think the denuclearization is a very – it’s a…
