File Photo/Somali Times By The African Exponent Leadership transitions and elections in 2025 are reshaping investor sentiment across Africa, with major changes in countries like Senegal, Cameroon, Chad, and South Sudan influencing economic policy and international confidence. Several African countries are implementing difficult but strategic economic reforms tied to IMF agreements, such as floating exchange

By Xinhua News Agency The European Union (EU) on Wednesday imposed fines totaling 700 million euros (798.7 million U.S. dollars) on American tech giants Apple and Meta, a move expected to intensify already strained transatlantic trade relations. Apple received a 500-million-euro fine for preventing app developers from informing users about alternative purchasing options outside its

By Anadolu Agency US Secretary of State Marco Rubio said Wednesday that Iran can pursue a civilian nuclear program if it agrees to abandon uranium enrichment. “If Iran wants a civil nuclear program, they can have one just like many other countries in the world have one, and that is they import enriched material,” Rubio

File Photo/Somali Times Turkey benefits from Hassan Sheikh’s oil deal with Somalia, which regional administrations have not agreed on how to share the resources. Read: Somalia corrupt president Hassan Sheikh planning to sell Nugal Valley Basin 1- The Turkish government is benefiting greatly from the oil deal it recently signed with Hassan Sheikh, which aims

Africa’s largest asset manager, PIC oversees South Africa’s Government Employees Pension Fund. Photo Credit: Daily Nation By The African Exponent Africa’s investment landscape in 2025 showcases a dynamic blend of established institutions and emerging firms, reflecting the continent’s economic growth and diversification. In 2025, Africa’s wealth management market is projected to reach US$843.61 billion in

By Reuters Oil prices climbed on Tuesday as investors took advantage of the previous day’s losses to cover short positions, although concerns persisted over economic headwinds from tariffs and U.S. monetary policy that could dampen fuel demand. Brent crude futures rose 42 cents, or 0.6%, to $66.68 a barrel at 0620 GMT. The U.S. West

By Xinhua News Agency A latest report projects systemic breakthroughs in China’s new quality productive forces in terms of agriculture over the next decade, with grain yield per unit area expected to increase by 7.8 percent. The China Agricultural Outlook Report (2025-2034), released at the 2025 Agricultural Outlook Conference held at the Chinese Academy of

By Xinhua News Agency Egypt inaugurated on Sunday the headquarters of the African Space Agency (AfSA) in the Egyptian Space City in Cairo. “Egypt has made extensive efforts to establish the agency, which embodies the vision of ‘The Africa We Want’ outlined in the African Union’s Agenda 2063,” Egyptian Foreign Minister Badr Abdelatty said at

By Anadolu Agency Pope Francis died at age 88 after suffering a prolonged illness, the Vatican announced on Monday. He suffered a “prolonged asthma-like respiratory crisis” associated with thrombocytopenia, according to a previous Vatican statement. Francis was born in Buenos Aires on Dec. 17, 1936, to Italian immigrant parents. He studied in Argentina and later

By Anadolu Agency UN Secretary-General Antonio Guterres has expressed concern over the recent US airstrikes in and around Yemen’s port of Ra’s Isa, his spokesman said Saturday. Guterres is “gravely concerned about the airstrikes conducted by the United States over the course of 17 and 18 April in and around Yemen’s port of Ra’s Isa,