Africa desperately needs capitalism: Jonathan Hoenig
Capitalist Pig Hedge Fund manager Jonathan Hoenig explains why investing in Africa could be a wise move for investors on 'Varney & Co.'
Boeing jet skids off runway, injuring at least 10
A Boeing 737 skidded off a runway at an airport in Senegal’s capital on Thursday. The Air Senegal flight operated by TransAir was headed from Dakar to the city of Bamako in Mali when the jet exited the runway during takeoff.
American Binance security expert transferred to notorious Nigerian prison: ‘our nightmare has gotten worse’
Nigerian government holds Tigran Gambaryan as apparent collateral for charges levied at cryptocurrency firm Binance amid a failing economy and soaring inflation.
Russia, China team up against the US dollar with planned blockchain payment system
China and Russia are moving ahead with their efforts to move away from the US dollar with an announcement that the BRICS countries plan to create a payment system based on blockchain.
Freight through Suez Canal sinks 45% amid Houthi attacks
Freight levels through the Suez Canal have plummeted by 45% since Iran-backed Houthi militants began attacking vessels in the Red Sea, risking higher inflation and food insecurity.
Ernest Hemingway letter detailing injuries he sustained in 2 plane crashes sells for $237K
Nate D. Sanders Auctions announced it has sold a four-page letter from Ernest Hemingway that details the injuries and money troubles the author dealt with after surviving two plane crashes.
US Treasury sanctions Mali’s defense minister, other officials over links to Russian mercenary group Wagner
The U.S. Treasury on Monday sanctioned several Malian defense officials for their alleged ties to Wagner, the Russian mercenary group who staged a short-lived mutiny last month.
China beating Tesla, US in African lithium rush
China has beat out Tesla in a bid for a lithium mine in Nigeria as top nations race to go electric amid growing concerns over climate change.
Janet Yellen prioritizes South Africa's green energy transition during visit
U.S. Treasury Secretary Janet Yellen, during her 10-day visit, brought attention to South Africa's shift to using green energy sources Thursday.
China fires back at Yellen, tells US to 'cope' with its own debt
China clapped back at U.S. Treasury Secretary Janet Yellen after she accused Beijing of being a debt reform 'barrier' for Africa and told Washington to 'cope with its own debt problem.'
US investigators believe 2019 Boeing 737 crash in Ethiopia was most likely caused by impact with a bird
Authorities investigating the 2019 plane crash in Ethiopia involving a Boeing 737 Max believe an object, such as a bird, made impact with the plane before the accident.
Yellen’s South Africa visit: ‘Not especially warm welcome’
Treasury Secretary Janet Yellen steps into a superpower trade and political battleground over Africa with Russia and China, as her tour of the continent takes her to South Africa on Tuesday.
Treasury Secretary Yellen will meet with China’s Vice Premier Liu He
Treasury Secretary Janet Yellen will host high-level meetings with the Chinese in an effort to ease tensions between the two countries.
WWE sets sights on Africa to find next great superstar
WWE launched its latest campaign on Tuesday as the company will scour Africa in search of the next great pro wrestler with a chance of making the roster.
Treasury sanctions arms traffickers connected to ISIS and al-Shabaab in Somalia
The Treasury Department announced sanctions against arms traffickers connected to ISIS and al-Shabaab in Somalia after a car bomb killed more than 100 people.
United Nations says billions facing food insecurity levels: ‘world is moving backwards’
A new report from the United Nations reveals the devastating setbacks in addressing the global food supply, with billions of people on the brink of starvation.
Russia-Ukraine war ‘cause for concern’ with Africa's food insecurity: Chairman Elumelu
United Bank for Africa Chairman Tony Elumelu on what Russia's invasion of Ukraine means for the continent.
Disney expanding operations to 10 anti-gay countries, regions as they go 'woke' in the US
The Walt Disney Company is expanding its media empire into at least ten anti-gay countries, regions as they go "woke" in the United States.
Tesla inks deal to get key battery component outside China
Tesla has a deal with an Australian company to mine graphite from Mozambique to reduce dependence on China.
South African minister objects to sale of Mandela's cell key
A South African Cabinet minister on Friday urged the cancellation of an upcoming U.S. auction of a key to the Robben Island prison cell where Nelson Mandela, the country's first Black president, was long jailed for his opposition to apartheid.