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Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from…

1 month ago

Xenophobic mobs set June 30 deadline, raising fears of the next July 2021 riots

On a dirty pavement outside Durban’s Home Affairs Refugee Reception Centre, a huddle of terrified people is waiting for June…

1 month ago

Supreme Court’s Chatrie Decision Extends Fourth Amendment Protection to Location Data, Raising Stakes for Digital Privacy and Data Governance | HUB

The US Supreme Court’s (the Court) recent decision in Chatrie v. United States1 marks another significant development in the Court’s…

2 months ago

Africa: World Bank Drops Climate Funding Target, Raising Fears for Africa

The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate…

2 months ago

World Bank drops climate funding target, raising fears for Africa

The bank's five-year Climate Change Action Plan expired on Tuesday. Last year it put 48 percent of its lending –…

2 months ago

Kala-azar Cases Rise in Kenya, Raising Endemic Concerns

Kenya is facing a surge in cases of kala-azar, a deadly neglected tropical disease also known as visceral leishmaniasis. The…

7 months ago

US Jobs Report Weakens, Raising Rate Cut Expectations

US jobs data presented a mixed picture, showing slower payroll growth alongside a lower unemployment rate. This combination has fueled…

8 months ago