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World - Page 8

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Russia Develops Alternative Global Payment System

Russia is expanding its international payment infrastructure to reduce reliance on Western-dominated financial systems, with new efforts aimed at extending alternative cross-border payment services to Africa. The initiative was discussed during the Russia-Africa Forum in Moscow, where Kremlin Deputy Chief of Staff
October 29, 2026
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Trump Tells Americans To Endure High Fuel Prices

U.S. President Donald Trump has told Americans to endure rising fuel costs as the war involving Iran continues, arguing that the economic burden being felt by households is a relatively small price to pay for the objectives of the conflict. “You’re paying
October 3, 2026
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Lapid Accuses Government of Politicising Flydubai Incident

Israeli opposition leader Yair Lapid has accused government-aligned figures of using the emergency involving a Flydubai passenger aircraft for political purposes, arguing that the incident should not be linked to a security briefing he received from Prime Minister Benjamin Netanyahu a day
October 2, 2026
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Tanzania, Qatar Explore New Economic Investment Opportunities

Tanzania and Qatar are seeking to deepen economic cooperation, with Prime Minister Dr. Mwigulu Nchemba highlighting opportunities that could expand investment, production and participation by citizens of both countries. Dr. Nchemba said the two countries still have significant untapped economic opportunities that,
October 2, 2026
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Aid or Market Creation?

Foreign aid is commonly presented as a mechanism for financing development, strengthening public services and supporting economic transformation across Africa. But development assistance can also create commercial opportunities for companies from donor countries, particularly when funding is connected to procurement, technology, consultancy
October 2, 2026
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Who Defines Africa’s Problems?

Africa’s research agenda is increasingly becoming part of a wider debate over intellectual sovereignty, as universities, think tanks and researchers across the continent confront heavy dependence on international funding. Foreign financing has played an important role in expanding African research capacity, supporting
October 2, 2026
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The Extradition and Financial Jurisdiction Trap

International travel, banking and ordinary commercial transactions can create an unexpected legal vulnerability for foreign nationals: activities conducted outside the United States can sometimes become the basis for U.S. criminal proceedings, sanctions or extradition requests. For Africans doing business internationally, this raises
October 1, 2026
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Sanctions: Punishing Governments or Populations?

When governments impose economic sanctions, they are often presented as a weapon aimed at political leaders, state institutions or companies. But in countries such as Zimbabwe, Cuba and Venezuela, the consequences have frequently reached far beyond government offices — affecting workers, farmers,
October 1, 2026
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How Financial Power Can Become Political Pressure

The global dominance of the US dollar has created a financial system in which decisions made in Washington can reach far beyond America’s borders, affecting governments, companies and even countries that have no direct political relationship with the United States. Russia, Iran
October 1, 2026
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