Browsing Tag

formally

South Africa formally joins Afreximbank, launches US$8bn national programme

South Africa has today officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking the formal entry of one of the continent’s largest economies into the bank’s membership and signaling a potential shift in the region’s financial architecture. The move brings South Africa into the fold of Africa’s leading multilateral financial institution, which was created to finance and promote intra-African and extra-African trade. Membership gives Johannesburg formal access to a…

Israel Formally Recognizes Somaliland, Signaling a Landmark Diplomatic Shift

Somalia’s month-long presidency of the UN Security Council, its first in 54 years, has arrived with an unexpected geopolitical twist: a fight to contain the fallout from Israel’s recognition of Somaliland and the wider regional implications it carries from the Horn of Africa to the Red Sea and Gaza. In its opening days, the council convened an emergency session on Venezuela. But Mogadishu has made clear it intends to use the gavel to rally opposition to Israel’s move and to defend Somalia’s internationally recognized…

From Syria to Somalia, US troops deployed this holiday season on open-ended missions

America’s forever wars didn’t end. They receded from view — and risk roaring back. While Washington fixates on China, Iran and Russia, U.S. troops are still fighting, striking and being targeted from the Middle East to the Horn of Africa and the Caribbean corridor. The missions are smaller and quieter than the wars that defined the post‑9/11 era. They are also open‑ended, conducted under authorizations Congress passed more than two decades ago — long after most Americans stopped paying attention. The footprint shrank, not…

Prime Minister Netanyahu formally seeks pardon from Israel’s president

Israeli Prime Minister Benjamin Netanyahu asked President Isaac Herzog for a pardon on Thursday in his long-running corruption trial, saying criminal proceedings were hampering his ability to govern and that a pardon would be in Israel’s national interest. Netanyahu, Israel’s longest-serving prime minister, has denied charges of bribery, fraud and breach of trust and said in a video released by his Likud party that he still expects a full acquittal. “My lawyers sent a request for pardon to the president of the country…