Category: Semafor

Washington is having the wrong debate about the African Growth and Opportunity Act. Congress is consumed with whether to extend the preferential trade program, when the more important question is what comes after it. AGOA remains one of the most successful pillars of US engagement with Africa, helping build export ...

The News Nigeria’s leading opposition parties are scrambling to fight a growing number of lawsuits that are threatening their capacity to mount a credible challenge in January’s presidential elections. A Nigerian court in June ordered election organizer INEC to de-register the African Democratic Congress and the Nigeria Democratic Congress, whose ...

The Scoop The Federal Communications Commission has already changed the programming of one of television’s last remaining relevant daytime talk shows — before even making any formal demands. FCC Chairman Brendan Carr announced in February the agency was investigating whether violated the “equal time” rule, a 1930s regulation that requires ...

The leader of a prominent Chinese underground church was released from prison and traveled to the US after President Donald Trump raised his case directly. The pastor, Ezra Jin, was detained last year following overnight raids across China that Christian groups said were among the harshest religious crackdowns in modern ...

OPEC+ on Sunday agreed to increase crude production again, as more barrels flow through the Strait of Hormuz amid a US-Iran ceasefire. The move by the group of oil-producing nations and its allies will add to the supply of fuel in global markets, which analysts warn are poised for a ...

Tens of thousands of Iranians gathered in Tehran on Sunday for the funeral of slain leader Ayatollah Ali Khamenei, with supporters chanting calls for “revenge” against the US. Three of Khamenei’s sons attended the gathering — the beginning of a six-day procession — but the son who succeeded him as ...

India’s stock market has lagged behind the rest of the world largely due to its lack of big AI names. That’s now proving to be an advantage. As tech stocks waver on doubts the AI boom will prove sustainable, India is emerging as a safe haven for global investors looking ...

As NATO leaders head into this week’s annual summit, the alliance increasingly resembles a marketplace defined by defense spending and procurement as much as shared values, analysts said. US President Donald Trump has pushed allies to invest in their own defense or risk losing American support, shifting the focus from ...

DR Congo plans to launch its first stock exchange, its finance minister told Bloomberg. Kinshasa hopes the bourse, which will list securities in both the local currency and the US dollar, will tap into global interest in its mineral endowments. The move follows the strong performance of African equities over ...

The News South African billionaire Robert Gumede is attempting one of the region’s most improbable turnarounds: transforming a century-old sugar producer that collapsed under an accounting scandal into an energy champion. Gumede’s consortium bought Tongaat Hulettout of near liquidation earlier this year, taking control of a business whose mills and ...