Category: Semafor

The Scene Gulf officials have been at pains to state that the Iran war won’t create any distance between the region and its most important economic and security partner, the US. The reality is more nuanced: Washington remains the dominant player in the Gulf, but the conflict is providing an ...

The News President Donald Trump’s $1 billion in White House security funding for his ballroom project must survive both a political and procedural gauntlet over the next two weeks for the Senate to approve it. Senate Democrats argue that the money violates the strict budget reconciliation process, which could lead ...

More than a dozen CEOs, including top tech and finance leaders, will join US President Donald Trump on his visit to China this week, according to a White House official. The delegation includes Apple’s Tim Cook, Tesla’s Elon Musk, and Goldman Sachs’ David Solomon, along with the CEOs of Boeing ...

Policymakers gathering at the Africa Forward Summit will focus on ways to rethink how to price risk on the continent and unlock investment, Kenya’s foreign minister told Reuters. African leaders have long argued that global ​credit rating agencies overstate the ​continent’s risk, pushing up ⁠borrowing costs and deterring investment. Musalia ...

Only 3.9% of clinical trials are conducted exclusively in Africa, according to a study of five major medical journals published between 2019 and 2024. “This is a crisis of scientific accuracy,” wrote researchers in The Conversation, highlighting the bias in medical research despite Africa accounting for roughly 25% of the ...

The News TORONTO — The good news for Democrats: Somebody has figured out how to defeat the populist right and build a progressive governing majority. The bad news: He did all that in Canada. Prime Minister Mark Carney’s electoral success has intrigued American and European progressives, who gathered at Toronto’s ...

Yinka’s view I’m in Nairobi for the highly anticipated Africa Forward Summit, cohosted by France and Kenya. I’m already finding the conversation is less about the French reclaiming influence in Africa, like many headlines have insisted, than about African countries widening their options. The summit has brought together some 30 ...

China last month exported more EVs and plug-in hybrids than gasoline and diesel cars combined for the first time, underscoring the country’s growing global dominance in clean energy transport. While domestic sales have contracted, international demand remains robust, with so-called new-energy vehicle exports rising to 400,000 in April despite Western ...

The News South African investment manager Sango Capital acquired equity assets valued at $120 million from a non-African investor that held interests in multiple African investment funds but is now exiting the continent as part of a rebalance of its global portfolio, Sango’s co-founder and partner Richard Okello told Semafor. ...

The News Aramco’s profit jumped in the first three months of the year after surging oil prices helped offset lower exports from the closure of the Strait of Hormuz, justifying the strategic value of the kingdom’s decades-old investment in pipelines that bypass the chokepoint. The company, which provides more than ...