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September 18, 2023 10:13 UTC

00:00This is Bloomberg Daybreak, Middle East and Africa. And that's really highlighting the concern surrounding the property sector in the country. That's going to be with Steven Reece of Jp morgan Private Bank out of a busy week for central banks. How is the Fed going to get the language right at this Fed decision? You've got public confidence in the central bank that's plunged to a record low.

September 18, 2023 09:20 UTC

BAMAKO, Sept 17 (Reuters) - Fresh fighting broke out between Mali's army and northern Tuareg rebels on Sunday, with the rebels claiming to have taken control of two army bases in the central town of Lere. Last week, CMA, formed by semi-nomadic Tuareg people, said it had attacked four army positions around the town of Bourem and made away with vehicles, weapons and ammunition. "CMA took control of the two camps in Lere," said CMA spokesman Mohamed Elmaouloud Ramadane. A Tuareg uprising in 2012 was taken over by Islamist groups that continue to attack civilians and the army. But tensions have resurfaced since the military consolidated power in two coups in 2020 and 2021, teamed up with Russian military contractor Wagner Group, and kicked out French forces and U.N. peacekeepers.

September 18, 2023 08:13 UTC

In a major advancement towards the media landscape of Qatar and the Middle East & North Africa (MENA) region, Es’hailSat – Qatar Satellite Company announces the launch of state-of-the-art Playout Services tailored for television broadcasters. Es’hail-1With a commitment to providing television broadcasters an edge, Es’hailSat’s Playout Services offer a comprehensive solution encompassing scheduling, content preparation, graphics integration, and seamless transmission. Broadcasting professionals across Qatar and the MENA region can now optimize their operations, ensuring an uninterrupted and engaging viewer experience. Es’hail-2Es’hailSat brings together the combination of playout and distribution in one package, together with enhanced flexibility that delivers peace of mind and forms the key value proposition for the playout services. “This culmination of effort and collaboration between Es’hailSat and playout technology providers marks a significant leap forward in transforming the broadcast industry, setting new benchmarks for excellence, efficiency, and content delivery.”

September 18, 2023 07:47 UTC

Angola, Zambia and the DRC’s plan to develop a railway line that will connect the three countries will supported by the EU and US. The Lobito Corridor will connect the southern DRC and northwestern Zambia to regional and global trade markets via the Port of Lobito in Angola. The three countries signed the Lobito Corridor Transit Transport Facilitation Agency (LCTTFA) Agreement on 27 January 2023 following negotiations that began in 2013. Support to related sectors to fuel inclusive and sustainable economic growth and capital investment in Angola, Zambia and DRC in the longer term. Of interest:Addis-Djibouti corridor upgrade to improve regional integrationThe partnership’s plan also includes developing clean energy projects along the railway line to:Increase the power supply to surrounding communities.

September 18, 2023 06:50 UTC





Zambian neobank Lupiya has successfully secured US$8.25 million in Series A funding to scale operations in its home market and in new ones. Founded in 2016, Lupiya works to bridge the financial inclusion gap by offering easy-to-use, technology-driven financial solutions to the unbanked and underbanked populations in Zambia. Its US$8.25 million Series A round was led by Alitheia IDF Fund, with substantial participation from INOKS Capital SA and the German Investment Bank KfW DEG. “This Series A investment marks a significant milestone in our journey to continue serving our customers and the opportunity to further provide holistic financial solutions. The team at Lupiya has worked hard and is excited for the new phase of our growth.

September 18, 2023 06:38 UTC

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September 18, 2023 06:33 UTC

For this destruction, the Global North has historically held the most responsibility - their insatiable demand for resources is driving near-constant extraction from the Global South. Equipped with wood, oil and metals, the Global North has advanced economically, leaving many in the Global South unable to keep pace. Can any amount of financial assistance really compensate for the damage inflicted upon people and nature in the Global South? While the Global North would call this deforestation, to many in the Global South it is simply a means to an end. Given the limitations of currently available Global North aid, the Global South is ready to embrace and scale additional solutions.

September 18, 2023 05:31 UTC

Kim spent two days in Vladivostok while inspecting various facilities in the fields of military, economy, science, education and culture, before bidding farewell at a send-off ceremony at the Artyom station, KCNA said. It wrapped up Kim’s unusually lengthy, week-long trip to Russia, during which he pledged to step up military and economic cooperation with President Vladimir Putin. Kim toured Far Eastern Federal University, where he and Putin held their first talks in 2019, and was briefed by its president on the school’s educational system and future development plan. He also met North Korean students studying science and technology at the university, KCNA said, learning about their lives there and taking a photo together. The rare summit between Kim and Putin has prompted the United States and South Korea to warn against any weapons trade and other military cooperation as Russia presses its invasion of Ukraine and North Korea races to advance its nuclear programmes.

September 18, 2023 05:16 UTC

They repeatedly called for immediate maintenance to the two structures, located just uphill from the coastal city of Derna. Neglect and corruption are rife in Libya, a country of about 7 million people that lies on a wealth of proven oil and natural gas reserves. FILE - Victims of the flash flood are buried in Derna, Libya, on Sept. 15, 2023. The dams, Abu Mansour and Derna, were built by a Yugoslav construction company in the 1970s above Wadi Derna, which divides the city. “They were dilapidated.”FILE - People look for survivors in Derna, Libya, on Sept.13, 2023.

September 18, 2023 04:45 UTC

During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. Compare Standard and Premium Digital here.

September 18, 2023 03:09 UTC

Vatican City (AFP) – Calls for compassion for migrants suffering in North Africa and those attempting to reach Europe or die trying will be at the heart of Pope Francis's visit to Marseille this week. More than 2,300 migrants have died so far this year attempting the Mediterranean crossing from North Africa, according to the UN. Mediterranean 'cemetery'The Marseille event, "Mediterranean Meetings", will look at themes including economic inequality, migration and climate change. The pope is expected to speak to bishops active in North Africa in particular about the challenges there. But it's not the biggest: the biggest cemetery is in North Africa," Francis told reporters in August.

September 18, 2023 02:27 UTC

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September 18, 2023 00:54 UTC

Share Comment on this story CommentMILAN — EU Commission President Ursula von der Leyen pledged the swift return of “irregular” migrants and a crackdown on the “brutal business” of migrant smuggling Sunday during a visit with Italy’s premier to a tiny fishing island overwhelmed with nearly 7,000 arrivals in a single day this week. Not the smugglers,’’ von der Leyen declared after touring the island’s hotspot. AdvertisementVon der Leyen also called on EU nations to accept voluntary transfers — a frequent source of discord — as the EU dispatches experts to help manage and register the high number of migrants arriving in Italy. So we are in this together,’’ von der Leyen said. In other shots, single migrants climbed over the fence of the migrant centerThe crisis is challenging unity within the EU and also Meloni’s far-right-led government.

September 18, 2023 00:00 UTC

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September 17, 2023 15:13 UTC