Bloomberg

2024-04-03 04:54:32 LIVE: Tsunami alerts are in force in Taiwan and Japan after a strong earthquake. Follow our free-to-read blog for the latest news and updates https://bloom.bg/3PMegfn

: TVBS/AP Photo Open / Comment

2024-04-02 13:25:17 Woman leader: President Felix Tshisekedi appoints Judith Tuluka Suminwa as the next prime minister of the Democratic Republic of Congo, the first female to hold the role in the world’s second-biggest copper producer. https://bloom.bg/3TFjevS

Corruption arrests: South African Speaker of Parliament Nosiviwe Mapisa-Nqakula lost a court bid to prevent the authorities from detaining her over allegations of corruption, and now faces arrest. https://bloom.bg/4aeKjNx

Egyptian presidency: Abdel-Fattah El-Sisi was sworn in for a third term as expectations build for a change of course after a $50 billion international bailout warded off the worst economic crisis in decades. https://bloom.bg/4aH3pM5

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

2024-04-02 05:43:42 Several workers from World Central Kitchen were killed in an airstrike by the Israeli military in Gaza, the disaster relief group founded by celebrity chef José Andrés said. More here: https://bloom.bg/3J3TGU0

: AFP via Getty Images Open / Comment

2024-03-28 19:01:23 NEW: FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the final chapter in a case that has both captivated and overshadowed the crypto industry. Read more here: https://trib.al/zBBhwdP

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

: Getty Images Open / Comment

2024-03-28 14:00:07 Political partnerships: South Africa’s Democratic Alliance will resist forming a coalition with the ruling African National Congress in order to govern the country should it need to. https://bloom.bg/3vC3PnO

Majority win: Senegal’s opposition leader Bassirou Diomaye Faye is officially confirmed as the winner of Sunday’s presidential elections, beating the ruling coalition’s candidate by an overwhelming margin. https://bloom.bg/3TvCiwm

Dirty air: South Africa is home to many of the world’s worst emission sites for toxic nitrogen dioxide and sulfur dioxide and most of those are operated by the nation’s state power utility, according to Greenpeace. https://bloom.bg/3TAw7aq

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

2024-03-27 16:40:29 Repo rate decision: South Africa’s central bank leaves borrowing costs unchanged at a 15-year high at its final rate-setting meeting before elections in May. https://bloom.bg/4ad32Ja

Inflation woes: Zimbabwean annual inflation surges to a seven-month high, days after the finance minister pledged to address price increases that are being fueled by the nation's plunging currency. https://bloom.bg/3TsfLjS

Political rivalries: South Africa’s ANC sees the rival Inkatha Freedom Party as a bigger electoral threat, and is dismissing former President Jacob Zuma’s new organization as “a nuisance.” https://bloom.bg/4aaBSCK

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

2024-03-27 10:28:20 A growing army of underwater robots is helping the shipping industry clean up its act. They’re on a mission to help decarbonize an industry responsible for nearly 1 billion tons of CO2 emissions each year.

Watch how the robots scrape off the algae, seaweed and barnacles that accumulate on ships to improve fuel-efficiency. Read more here: https://bloom.bg/4acGMiA Open / Comment

2024-03-25 08:51:24 Narendra Modi's BJP took the lion’s share of over $720 million from a now-banned electoral bonds scheme, but who were the biggest donors?

Read what the numbers reveal about funding for India’s political parties: https://bloom.bg/3Vv9BCg Open / Comment

2024-03-22 17:34:54 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. Open / Comment

2024-03-21 08:31:13 Rural India, home to most of the country’s population, has been instrumental to the ruling Bharatiya Janata Party’s rise over the last decade.

But while India remains the fastest-growing major economy — a place where Apple is making more of its iPhones and global investors are parking money once bound for China — outside of its metropolises, investment is still weak, infrastructure remains spotty and economic prospects for its citizens are far less rosy.

If Prime Minister Narendra Modi earns a third term in office, as polls suggest he will, it will be in spite of the state of the rural and farming economy — not because of it. Here's why: https://bloom.bg/3IK8Rll

: Anindito Mukherjee/Bloomberg Open / Comment