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Ports failure: As vessels avoid Houthi attacks in the Red Sea, | Bloomberg

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