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Business

Former youngest king dies at 34 after ruling East African kingdom since age 3

Former youngest king dies at 34 after ruling East African kingdom since age 3

The traditional kingdom of Tooro in western Uganda is mourning the sudden passing of King Oyo Nyimba Kabamba Iguru Rukidi IV on Thursday, who historically became monarch at just three years old.

29 Aug, 13:00 · Business

Glencore faces $1.4B lawsuit amid $9B Congo copper deal negotiations

Glencore faces $1.4B lawsuit amid $9B Congo copper deal negotiations

While pursuing a $9 billion agreement for two major copper and cobalt operations in the Democratic Republic of Congo, Glencore faces a potential $1.4 billion lawsuit from a Singapore-based commodity trader.

29 Aug, 12:06

Libyan state bank sues Burkina Faso at World Bank tribunal over seized stake

Libyan state bank sues Burkina Faso at World Bank tribunal over seized stake

Libya's state-owned foreign investment bank has brought a case against Burkina Faso at an international tribunal after the military government nationalized a commercial lender they co-owned.

29 Aug, 11:49

South Africa sees nearly 1M tourists, but arrivals from India and China drop

South Africa sees nearly 1M tourists, but arrivals from India and China drop

South Africa welcomed almost one million international tourists in July, but recorded a 27% decrease in visitors from India and a 20% decline from China.

29 Aug, 11:34

EU challenges Sappi's $1.66 billion plan to form Europe's largest paper producer

EU challenges Sappi's $1.66 billion plan to form Europe's largest paper producer

The European Union has formally contested South African multinational Sappi’s €1.42 billion ($1.66 billion) proposal to merge significant paper operations with Finland’s UPM.

29 Aug, 11:19

Morocco’s OCP Group plans $450M US fertilizer plant, first in over 40 years

Morocco’s OCP Group plans $450M US fertilizer plant, first in over 40 years

Morocco’s OCP Group is preparing to construct America’s first new phosphate-fertilizer facility in more than four decades, as part of a proposed investment up to $450 million.

29 Aug, 11:03

US controls Venezuela oil after capturing president, still buys African oil

US controls Venezuela oil after capturing president, still buys African oil

Nearly eight months after the US military captured Venezuelan President Nicolás Maduro Moros, recent reports indicate the US now holds majority control over Venezuela's 65-billion-barrel oil reserves, yet still purchases almost $8 billion in oil from two African nations.

29 Aug, 10:00

East Africa's richest man invests $680M for 2026 expansion

East Africa's richest man invests $680M for 2026 expansion

Mohammed 'Mo' Dewji, East Africa’s wealthiest individual, is aggressively expanding across the continent with disclosed projects and commitments totaling $680 million by 2026 in Tanzania, Kenya, and Mozambique, with Botswana as a potential future market.

29 Aug, 09:23

Mo Ibrahim cautions Zambia's Hichilema on democratic legacy

Mo Ibrahim cautions Zambia's Hichilema on democratic legacy

Sudanese-British billionaire Mo Ibrahim has advised Zambian President Hakainde Hichilema against letting post-election tensions erode the democratic advancements achieved during his initial term in office.

29 Aug, 08:45

Asia's richest nation strengthens economic ties with Egypt

Asia's richest nation strengthens economic ties with Egypt

Singapore, Asia's wealthiest nation with a projected 2026 nominal GDP per capita of $107,758, is actively enhancing economic relations with Egypt, Africa's second-largest economy.

29 Aug, 06:30

US sanctions on UAE branch of Banque Misr have no impact in Egypt

US sanctions on UAE branch of Banque Misr have no impact in Egypt

The Central Bank of Egypt stated that recent US financial measures against Banque Misr's UAE branch do not affect its domestic operations or other Egyptian financial institutions.

29 Aug, 06:00

Wife of man who died after turbulence sues airline

Wife of man who died after turbulence sues airline

Lawyers for Linda Kitchen say her husband was "fatally injured" after the flight dropped 6,000 ft.

28 Aug, 17:47

Gatwick Airport faced water outage after main burst

Gatwick Airport faced water outage after main burst

SES Water says it has repaired a burst main which was affecting supply to the airport.

28 Aug, 17:38

Fed has 'work to do' if price rises don't ease for Americans, Warsh says

Fed has 'work to do' if price rises don't ease for Americans, Warsh says

Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.

28 Aug, 15:15

U.S. deepens ties with one of Africa’s largest economies in two major sectors as trade nears $15 billion

U.S. deepens ties with one of Africa’s largest economies in two major sectors as trade nears $15 billion

The U.S. has expressed its readiness to deepen its strategic partnership with Nigeria by focusing on technology, trade, investment, and the creative economy.

28 Aug, 13:32

U.S. and China make fresh moves with Africa’s 2nd-largest economy — but in very different ways

U.S. and China make fresh moves with Africa’s 2nd-largest economy — but in very different ways

Egypt has long been a focal point for international diplomacy and security due to its control of the Suez Canal, and massive regional influence. Recently, the United States has made fresh efforts to deepen its relationship with the North African nation, but competing global powers like China and Rus

28 Aug, 12:46

10 African countries with the highest fuel prices in August 2026

10 African countries with the highest fuel prices in August 2026

When fuel prices rise, the first pain is frequently felt at the gas station. However, in many African countries, the influence extends beyond that.

28 Aug, 12:00

Government to launch crackdown on rogue builders

Government to launch crackdown on rogue builders

Next month, the administration will introduce a list of accredited tradespeople and a system to safeguard client funds.

28 Aug, 10:49

Colman's Mustard offered for sale before merger

Colman's Mustard offered for sale before merger

This divestment precedes the planned integration of parent company Unilever with McCormick.

28 Aug, 10:34

US families respond to Meta's new youth usage limits

US families respond to Meta's new youth usage limits

As part of an $18bn resolution for a child-safety lawsuit, Meta announced new app restrictions. We sought opinions from families.

28 Aug, 09:32

Sports Direct founder criticises Burnham's 'populist' High Street strategy

Sports Direct founder criticises Burnham's 'populist' High Street strategy

In a written communication, the entrepreneur accused the prime minister of pursuing 'everyday fixes' or fads with his most recent cost of living and retail policies.

28 Aug, 07:40

Selena Gomez refutes 'frivolous' fraud allegations

Selena Gomez refutes 'frivolous' fraud allegations

Selena Gomez's legal representative states the fraud case is 'absurd,' but disputes involving celebrity family businesses are common.

28 Aug, 05:53

Actors demand legal protection for AI voice cloning

Actors demand legal protection for AI voice cloning

Performers, including Matt Lucas and Hugh Bonneville, urge the government to grant every person in the UK legal ownership of their voice.

28 Aug, 05:11

Judge rules Trump administration illegally retaliated against Anthropic

Judge rules Trump administration illegally retaliated against Anthropic

The artificial intelligence startup has been in conflict with the Pentagon regarding the US military's use of AI.

28 Aug, 03:41

Why robotic pizza makers are failing to deliver

Why robotic pizza makers are failing to deliver

A series of setbacks has eroded confidence that automation will take over production in pizza establishments.

27 Aug, 23:16

Veterans told they owe thousands due to clerical error

Veterans told they owe thousands due to clerical error

Hundreds of former UK military personnel have experienced pension reductions after receiving overpayments.

27 Aug, 23:06

I beat my £700-a-month late-night shopping addiction

I beat my £700-a-month late-night shopping addiction

Younger generations are believed to be more susceptible to impulsive spending. The BBC investigates methods to manage it.

27 Aug, 23:04