Dive into the Ultimate Free Library: Your One-Stop Hub for Entertainment!

Bloomberg

Description
The first word in business news.
We recommend to visit

The official Telegram on Telegram. Much recursion. Very Telegram. Wow.

Last updated 3 weeks, 3 days ago

Stay connected with the latest iPapkorn Bots and News 🗞️

Bots: https://t.me/iPapkornBots/2

Last updated 3 months ago

Breaking News | Observing world events unfold in the grand theater of our time.

Last updated 1 month ago

6 days, 1 hour ago

Senegal votes: After a tumultuous buildup, Senegalese people will elect a new leader on Sunday to oversee one of the world’s fastest-growing economies and a nascent oil and gas producer. https://bloom.bg/3TKViZc
Step aside: South Africa’s speaker of parliament is taking “special leave” after her house was raided this week as part of a corruption investigation. https://bloom.bg/43rgN4v
New leader: Ugandan President Yoweri Museveni named his son, who says he wants to be the nation’s next leader, as chief of the defense forces. https://bloom.bg/4cuDPvw
Sign up for our twice-weekly newsletter on where sub Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

Bloomberg.com

Senegal to Pick New Leader as it Gears Up for Energy Boom

Presidential election taking place as fast-growing economy prepares for oil and gas bonanza

**Senegal votes:** After a tumultuous buildup, Senegalese people will elect a new leader on Sunday to oversee one of the …
1 week, 2 days ago

Nigeria rates: Nigerian central bank Governor Olayemi Cardoso last month voted for an even larger interest rate increase than what was announced, confirming him as one of the most hawkish members of its monetary policy committee. https://bloom.bg/4aiVfct
Anti-LGBTQ law: Uganda’s harsh law outlawing homosexuality is undermining foreign direct investment and tourism inflows, hurting attempts by authorities to meet objectives under an International Monetary Fund program, the lender warns. https://bloom.bg/3INzmGg
Africa's metals: US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise America's ambitions to secure metals in Africa for the global energy transition. https://bloom.bg/3Tqox29

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

1 week, 3 days ago

US Treasury bullish: Cooperation between the government and business is boosting South Africa’s prospects, despite the myriad challenges the economy faces, US Deputy Treasury Secretary Wally Adeyemo said. https://bloom.bg/3IEWpD8
Hot cocoa: Cocoa futures have doubled in less than three months as their landmark surge intensifies, boosting costs for consumers and sending chocolate makers scouring for supply. https://bloom.bg/3IEXo6i
Tough times ahead: The worst may not be over for Ghana’s cedi, Africa’s third-worst performing currency this year. https://bloom.bg/3TGX9ye
Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

1 week, 6 days ago

Off-grid: Damage to four subsea cables off the west coast of Africa is disrupting mobile and internet services across the continent. https://bloom.bg/3v178VC

Out of jail: Senegal's authorities free two key opposition leaders from prison, boosting the anti-establishment campaign before this month’s presidential elections. https://bloom.bg/4agDD0D

$21 billion for power: South Africa needs to build and fund a 390-billion-rand expansion of the national grid so it can connect more power plants and end years of rolling electricity outages. https://bloom.bg/4ckugyT

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

2 weeks ago

Ports failure: As vessels avoid Houthi attacks in the Red Sea, African ports stand to capitalize on changes in shipping routes. But they’re too inefficient, warn logistics experts. https://bloom.bg/3TiBxXf
Scrapped deals: South Africa terminates a deal to sell a controlling stake in its flagship airline after failing to agree on a value and other terms after three years of negotiations. https://bloom.bg/4aeKA2C
Africa's biggest lender: Standard Bank slumps the most in more than six months after the lender’s earnings outlook for 2024 disappointed some investors. https://bloom.bg/3IARh2T
Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

2 weeks, 1 day ago

Big moves in crypto: South Africa will license about 60 cryptocurrency platforms by the end of the month, putting it among the first nations on the continent to require digital-asset exchanges to have permits to operate. https://bloom.bg/4cdEoti

Helping hand: The European Union is working toward an aid package for Egypt that will provide some €7.4 billion ($8.1 billion) in a mix of grants and loans as the country copes with fallout from the Israel-Hamas conflict. https://bloom.bg/4atNoZR

African exclusives: Billionaire Sunil Mittal’s Airtel Africa is considering an initial public offering for its mobile money unit that could value it at more than $4 billion, said people familiar with the matter. https://bloom.bg/48UsSjM

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

2 weeks, 6 days ago

Record drought: A swathe of southern Africa about the size of France suffered the driest February in decades, killing crops and precipitating a power shortage that threatens to hit copper mines in a key producing region. https://bloom.bg/49zzVPX
Somaliland recognition: Ethiopia is considering scrapping a plan to recognize the breakaway state of Somaliland, amid international pressure to defuse regional tensions over the proposal, sources say. https://bloom.bg/3PeJJql
Child abductions: Armed men abducted hundreds of children from an elementary school in northern Nigeria, triggering a new security challenge in the West African nation that's dealing with a cost-of-living crisis. https://bloom.bg/4c8sgde
Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Bloomberg.com

Record Drought Imperils Food, Copper Output in Southern Africa

Zambia has declared protracted dry spell a national disaster as price of staple food surges.

**Record drought:** A swathe of southern Africa about the size of France suffered the driest February in decades, killing crops …
2 weeks, 6 days ago
LATEST: Hong Kong is fast-tracking the …

LATEST: Hong Kong is fast-tracking the approval of Article 23, and proposes life imprisonment for treason and insurrection https://bloom.bg/4c5Anaa

3 weeks ago

Power vacuum: Senegal is rushing to hold elections this month to elect a new president before Macky Sall's term ends, although different dates have been set by the nation’s top court and the government. https://bloom.bg/49HnEc6
Prescribed assets: The ANC plans to revive an apartheid-era rule that compels pension funds to invest in government-approved programs, assuming it retains power in the upcoming elections. https://bloom.bg/49Es5Vh
Gulf power play: Egypt has secured more than $40 billion in investments and loans from the UAE and IMF. And a Saudi deal may be next. https://bloom.bg/4a1O9ZB
Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Bloomberg.com

Senegal Sets March Presidential Vote Before End of Sall’s Term

Senegal scheduled elections for this month, even though the nation’s top court and the government set different dates for the vote as the country rushes to elect a new president before incumbent Macky Sall’s term ends.

**Power vacuum:** Senegal is rushing to hold elections this month to elect a new president before Macky Sall's term ends, …
3 weeks, 2 days ago
Bitcoin surged to an all-time high …

Bitcoin surged to an all-time high of more than $69,000, surpassing the record it set at the peak of the last crypto bull market more than two years ago.⁣

In an ironic twist, Bitcoin owes much of its resurgence to a regulator long-viewed as hostile to crypto: the US SEC. The SEC approved spot-Bitcoin exchange-traded funds in early January after suffering a legal defeat last year in its attempt to reject them.⁣

The move has widened the mass-market accessibility of Bitcoin, helping the crypto sector to turn the page following a bear market in 2022 and a string of subsequent bankruptcies, including the implosion of Sam Bankman-Fried’s FTX exchange. Read more here:⁣ https://trib.al/YXFgJ2Q

Subscribe to the Bloomberg Crypto Telegram channel: https://t.me/bloombergcrypto

📷: Getty Images

We recommend to visit

The official Telegram on Telegram. Much recursion. Very Telegram. Wow.

Last updated 3 weeks, 3 days ago

Stay connected with the latest iPapkorn Bots and News 🗞️

Bots: https://t.me/iPapkornBots/2

Last updated 3 months ago

Breaking News | Observing world events unfold in the grand theater of our time.

Last updated 1 month ago