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Africa faces $59bn debt strain, World Bank warns
Sub-Saharan Africa’s economic recovery is holding steady, but rising debt-servicing pressures, geopolitical shocks, and structural weaknesses are increasingly clouding the region’s medium-term outlook, a new
Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank
The backlash erupted at the bank’s annual general meeting, where 43.37% of shareholders voted against the implementation report detailing how Absa applied its remuneration
Nepal Faces Renewed Calls for Justice and Reform Following Deadly Protests
Nepal’s New Government Urged to Prioritize Human Rights Reforms International human rights organizations are urging Nepal’s newly elected government, led by Prime Minister Balendra Shah,
Africa Faces a Choice: Industry or Climate Goals?
Africa’s Path Forward: Green Industrialization as Key to Sustainable Development Nairobi, Kenya – Nana Dr. Antwi-Boasiako Amoah, Chair of the African Group of Negotiators (AGN),
Kenya Faces Economic Challenges and Historical Concerns
On September 6, 2022, a crowd gathered at Jomo Kenyatta International Airport (JKIA) to welcome Diana Chepkemoi, a Kenyan woman who had returned from Saudi
SEC authority on recovering ill-gotten gains faces Supreme Court review
The US Supreme Court is set to hear arguments Monday concerning the Securities and Exchange Commission’s (SEC) ability to extract funds from alleged wrongdoers through
BP Faces Kenyan Lawsuit Over 1980s Oil Waste Claims
A Kenyan High Court has permitted a class action lawsuit against BP to proceed, alleging environmental contamination in northern Kenya. The lawsuit claims decades of
Kenya’s Political Funding System Faces Scrutiny
Manyatta Member of Parliament Gitonga Mukunji has accused the highest office in the land of financing violent political mobilization, often referred to as ‘goons.’ This
Africa Faces Potential Decades-Long Digital Gap
The head of Ethio telecom, Frehiwot Tamru, expressed concerns about the pace of technological advancement in Africa. She warned that current, fragmented policy approaches risk
GigaCloud Faces Scrutiny Over Potential Fiduciary Duty Breach
Halper Sadeh LLC is investigating potential breaches of fiduciary duty by officers and directors of GigaCloud Technology Inc. (NASDAQ: GCT). The firm is exploring whether