Residents of Guinea’s capital Conakry are facing rising fuel prices after a fatal explosion in the West African nation’s main oil depot. The blast rocked the downtown Kaloum district on…
Category: Business News
Angolan: Billionaire Isabel dos Santos hit with £580m asset freeze
An Angolan billionaire who has been described as Africa’s richest woman has lost a High Court battle to stop her assets being frozen. Isabel dos Santos, the daughter of a…
Kenya: Authorities fine Carrefour franchise Majid al Futtaim $7m
Kenya’s competition regulator has fined the local Carrefour franchise holder, Majid al Futtaim, $7.1m (£5.6m) after accusing it of forcing suppliers to accept lower prices. The regulator said it had…
Canada: Meta’s news ban remains as Online News Act goes into effect
A bill that mandates tech giants pay news outlets for their content has come into effect in Canada amid an ongoing dispute with Facebook and Instagram owner Meta over the…
Ethiopia: Military gives award to Turkish drone maker
Ethiopia’s military has awarded the head of Turkish drone company Baykar what has been described as a “medal of honour” for his assistance in boosting the country’s air force during…
Kenya: President Ruto and EU Commission chief sign big trade deal
Kenya and the European Union have signed a major economic partnership agreement (EPA) that will guarantee the East African country duty-free and unlimited access for select products into the EU,…
Belgium: EU takes action against Elon Musk’s X over disinformation
The European Union has formally announced it suspects X, previously known as Twitter, of breaching its rules in areas including countering illegal content and disinformation. Digital commissioner Thierry Breton set…
Guinea: At least eight people killed and many injured in oil depot explosion
Guinea’s authorities have ordered the closure of all schools in the capital following an explosion at an oil terminal early on Monday. The blast at the main hydrocarbon depot of…
Australia: Woman charged with stealing van carrying 10,000 doughnuts
A woman in Australia has been charged with stealing a delivery van packed with 10,000 Krispy Kreme doughnuts. The van went missing from a petrol station in a Sydney suburb…
Denmark: Maersk pauses Red Sea journeys over attacks
Danish shipping company Maersk has said it is pausing all journeys through the Red Sea. The decision comes after a spate of attacks on vessels launched from a part of…