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In the recent survey conducted by Kearney, South Africa and Egypt emerged as the sole contenders from Africa in the rankings of emerging markets poised for foreign direct investment (FDI) confidence in 2025. This recognition not only highlights their potential but also places them on a global stage where investor interest is increasingly crucial. Notably, South Africa made remarkable strides by rising from 11th to 7th place in the global rankings, achieving an FDI confidence score of 1.48. This improvement…

A judge has determined that Sean 'Diddy' Combs will remain incarcerated for the time being. Although the music mogul was acquitted of serious charges related to sex trafficking and racketeering—crimes that could have led to a life sentence—he was found guilty of lesser offences associated with prostitution. In denying the defence's request for bail, US District Judge Arun Subramanian emphasized that prosecutors provided substantial evidence during the trial of Combs' violent actions, warranting his continued detention…

The Road Ahead for Tesla: Rising Challenges and Declining Shares When it comes to the electric vehicle giant Tesla, the conversation has taken a decidedly turn for the worse recently. Long-time investors are increasingly expressing concerns, especially following the company’s latest report showcasing yet another quarter of lackluster vehicle deliveries. This is not just a minor hiccup; as even the most die-hard supporters are beginning to wonder about the future trajectory of the company.…

Mogadishu (AX) — In a significant move toward fostering unity and collaboration among Somali leadership, President Hassan Sheikh Mohamud convened a meeting with the Somali Salvation Forum, a pivotal coalition representing opposition interests. This gathering occurred at the Presidential Palace, known locally as Villa Somalia, and marks the second high-level dialogue in less than a month — a testament to the urgency and necessity for communication in this crucial time. The discussions revolved around four vital national…

Somalia at a Crossroads: Independence Amidst Adversity As Somalia commemorates its 65th year of independence, the nation finds itself at a poignant juxtaposition, celebrating freedom while facing grave challenges. Recently, the news of Al-Shabaab seizing control of a key town has echoed through troubled frontlines, painting a complex picture of Somalia's ongoing battle for stability. Adan Yabaal town, once under the vigilant watch of the Somali National Army (SNA), fell to Al-Shabaab after a fierce confrontation. It marks…

The Nigerian Medical Association (NMA) finds itself at a critical juncture, issuing a 21-day ultimatum aimed squarely at the federal government. The stakes are high, as the association threatens nationwide industrial action unless urgent attention is paid to pressing issues surrounding salaries, allowances, and overall welfare. When medical professionals raise their voices in unison, it is not just a flurry of words; it's a call for action that demands to be heard. Bala Audu, President of the NMA, recently expressed…

Thriving Startups: The Rise of African Innovation in 2025 In an exhilarating display of resilience and ambition, startups across Africa raised a remarkable $365 million in June 2025. This impressive figure not only marks the continent’s strongest funding month in nearly a year but also highlights a powerful narrative encapsulating the first half of 2025. New insights from Africa: The Big Deal reveal that African startups collectively secured a total of $1.35 billion in funding during H1 2025. This figure represents an…

In recent developments, the Committee to Protect Journalists (CPJ) and various media advocacy organizations have urgently appealed to the Zimbabwean government for the release of Faith Zaba. Zaba, the editor of the Zimbabwe Independent, found herself in legal jeopardy after her arrest on July 1. The charges stem from a satirical piece published on June 27, which provocatively characterized Zimbabwe as a "mafia state," suggesting that a desperate regime was clinging tenaciously to power. Using a law that criminalizes…

Jowhar (AX) — A recent incident of violence has shaken the Qoryooley district, where armed assailants unleashed gunfire on unsuspecting civilians at a local market, resulting in the tragic death of one woman and injuries to two others. Eyewitness accounts paint a harrowing picture of the scene, one that echoes through the community as a stark reminder of the vulnerabilities that haunt everyday life. The victim has been identified as Habiibo Ali Shiiqaley, a beloved market vendor known for her unwavering dedication…

Kenya's Cross-Border Cash Movement: Insights and Implications The latest Survey on Cross-Border Movement of Cash has shed light on a significant trend in Kenya's financial landscape. The report indicates that 15 commercial banks, representing an impressive 39.4% of all licensed banks in the country, are actively engaged in facilitating cash shipments across borders. It's fascinating to consider how interconnected our global economy truly is. Have you ever pondered where the physical cash you come into contact with…