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World News - Page 12

Belgium Seeks to Intervene in ICJ Gaza Genocide Case Against Israel

Belgium has filed a declaration of intervention at the International Court of Justice (ICJ) in the case brought by South Africa against Israel over alleged violations of the Genocide Convention in the Gaza Strip. In a press release issued on Tuesday, December

December 24, 2025

Africa·News·World News

Egypt’s Net Foreign Assets Slip to $17.9 Billion in August Amid Strong Deposit Growth

Egypt’s banking sector recorded net foreign assets of $17.9 billion in August 2025, a slight decline from $18.5 billion in July, according to new data from the Central Bank of Egypt (CBE). The modest drop reflects mild pressure on the country’s external

October 6, 2025

Business·Technology·World News

Lack of Expertise Behind Failure of 95% of Enterprise AI Projects

A stark reality check awaits contact centre leaders pursuing AI transformation: whilst 95% of enterprise AI initiatives fail to reach production, the underlying cause isn’t technological limitations — it’s the critical shortage of expertise needed to execute successfully. Stuart Dorman, Chief Innovation

October 3, 2025

Worshippers stand inside the Menjar Shenkora Arerti Mariam Church under construction that collapsed in Arerti, Amhara region of northern Ethiopia, on Wednesday, October 1, 2025 [Samuel Getachew/AP Photo]

Tragedy Strikes Ethiopian Church: At Least 36 Killed, Over 200 Injured in Scaffolding Collapse

A devastating incident occurred at Arerti St Mary’s Church in Minjar Shenkora Woreda, central Ethiopia, where a wooden scaffolding collapsed during a religious festival, killing at least 36 people and injuring over 200 others. The temporary structure gave way under the weight

October 2, 2025

Business·Markets·World News

US Nonfarm Payrolls Report Delayed on Government Shutdown

Gold remained close to record highs on Thursday, supported by expectations of further Federal Reserve rate cuts and safe-haven flows amid the ongoing US government shutdown

October 2, 2025

Africa·News·World News

22 Dead as Madagascar Dissolves Government in Face of Mass Protests

President Andry Rajoelina has dissolved Madagascar’s government following days of violent protests over electricity blackouts and water shortages that have left at least 22 people dead and more than 100 injured, according to United Nations figures. The announcement, made on September 29,

October 1, 2025

Global Protests Call For End To Gaza Conflict

Red Cross Temporarily Quits Gaza Over Escalating Hostilities

The International Committee of the Red Cross (ICRC) says it temporarily quitting Gaza City owing to the intensification of military operations there. ICRC in a statement it shared with Prime Business Africa on Wednesdy said suspending operations in its Gaza City office

October 1, 2025

Finance & Economy·Top Stories·World News

US Government Shutdown: A Partisan Standoff with Far-Reaching Consequences

Medicare and Medicaid payments will continue, but some administrative functions may slow down. National parks may remain open without visitor services, and food assistance programs may face disruptions.

October 1, 2025

Business·World News

Investors Reposition As U.S. Shutdown Begins

The global response is telling. Asian and European markets are showing mixed signals. Gold has surged to a record above $3,870 an ounce, and the US dollar is weaker, signalling a loss of some safe-haven status.

October 1, 2025

From Lagos to the High Seas: Meet Fireman Olamilekan Arojojoye, the Nigerian-Born Sailor Defending Freedom on the USS Cole

In a remarkable display of dedication and bravery, Fireman Olamilekan Arojojoye, a Nigerian-born sailor with family ties to Lagos, is serving aboard the USS Cole, a U.S. Navy warship operating out of Norfolk, Virginia. Arojojoye’s journey to the Navy is a testament

October 1, 2025

News·World News

Markets Poised as UK Prime Minister Starmer Delivers Crucial Labour Conference Speech

UK Prime Minister Keir Starmer’s keynote speech at the Labour Party conference on Tuesday is being closely monitored by investors, businesses, and global bond markets, amid heightened concerns over fiscal credibility and economic direction. Financial advisory giant deVere Group warned that the

September 30, 2025

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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World News - Page 12

Belgium Seeks to Intervene in ICJ Gaza Genocide Case Against Israel

Egypt’s Net Foreign Assets Slip to $17.9 Billion in August Amid Strong Deposit Growth

Lack of Expertise Behind Failure of 95% of Enterprise AI Projects

Tragedy Strikes Ethiopian Church: At Least 36 Killed, Over 200 Injured in Scaffolding Collapse

US Nonfarm Payrolls Report Delayed on Government Shutdown

22 Dead as Madagascar Dissolves Government in Face of Mass Protests

Red Cross Temporarily Quits Gaza Over Escalating Hostilities

US Government Shutdown: A Partisan Standoff with Far-Reaching Consequences

Investors Reposition As U.S. Shutdown Begins

From Lagos to the High Seas: Meet Fireman Olamilekan Arojojoye, the Nigerian-Born Sailor Defending Freedom on the USS Cole

Markets Poised as UK Prime Minister Starmer Delivers Crucial Labour Conference Speech

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

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