Reporting from the Hobe News archive
President Paul Kagame used the opening of the Africa CEO Forum on Thursday to argue that African countries must become more assertive in defending their economic and political interests as global powers compete for…
Oil prices surged past $100 a barrel on Monday after Donald Trump rejected Iran's counterproposal to end the 10-week Middle East conflict, deepening fears of prolonged disruptions to energy supplies through the Strait…
Ken Paxton has sued Netflix , accusing the streaming company of secretly collecting consumer data without consent and designing platform features intended to encourage addictive viewing habits. The lawsuit, filed in…
Australia’s central bank raised its policy rate by 25 basis points to 4.35% on Tuesday, citing persistent inflation pressures and heightened uncertainty linked to global energy markets. The move by the Reserve Bank of…
China has removed tariffs on imports from nearly all African countries in a major expansion of its trade policy, strengthening economic ties with the continent while reshaping long-standing trade patterns. The…
Oranto Petroleum, owned by Nigerian billionaire Arthur Eze, has suffered another major setback after South Sudan declined to renew its exploration licence for Block B3, citing nearly a decade of inactivity. According…
Foreign mining companies are maintaining a strong foothold in Mali, even as escalating violence and political uncertainty reshape the risk landscape. Instead of retreating, several firms are increasing investment in…
Oman's state-owned low-cost carrier SalamAir is set to launch direct flights between Muscat and Kigali from July 21, 2026, expanding its African network with a new route announced on April 30 aimed at strengthening…
China is imposing a sweeping ban on drone sales and requiring permits for all flights in Beijing under new security regulations taking effect Friday, as authorities move to tighten control over low-altitude airspace in…
Morocco is positioning itself for a significant boost in the global fertilizer market as the United States considers lifting import duties on phosphate-based products. The proposed policy shift could open a major…
The United Arab Emirates (UAE) has announced it will withdraw from both Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ production framework, marking one of the most significant shifts in…
China has officially handed over a $56.5 million headquarters complex to the Economic Community of West African States (ECOWAS) in Abuja, marking a significant milestone in its expanding footprint across West Africa.…
Jamil Mohammed Abubakar, an experienced aviation professional and son-in-law to Africa’s richest man Aliko Dangote, has been appointed Managing Director of Infrastructure & Logistics at the Dangote Group. In his new…
Global oil prices have surged again amid escalating tensions in the Strait of Hormuz , while equity markets show signs that their long-running bet on technology stocks may be starting to wobble. Brent crude climbed…
Rwanda Utilities Regulatory Authority (RURA) has fined about 100 public transport operators for illegally increasing fares following a revision of transport tariffs in early April, warning that further violations could…
Airlines around the world are cancelling flights and grounding aircraft as soaring jet fuel prices and supply concerns threaten to upend the global aviation industry ahead of the summer travel season, Bloomberg…
Zimbabwe’s capital markets are undergoing a historic shift after billionaire telecoms magnate Strive Masiyiwa drove the Victoria Falls Stock Exchange (VFEX) past its 132-year-old rival, the Zimbabwe Stock Exchange…
Rwanda’s Prime Minister, Justin Nsengiyumva , held high-level talks with the newly elected leadership of the Private Sector Federation (PSF) , focusing on strategies to increase productivity and accelerate investment…
In a move signaling a shift in France’s engagement in Africa, Kenya and France have formalized a five-year defense pact, aiming to bolster Kenya’s military capabilities through French training, technology, and…
Namibia, widely recognized as Africa’s largest uranium producer, has strengthened its position in the continent’s mining sector following a major new discovery of high-grade critical minerals. The development comes…
Africa stands at a critical fiscal crossroads, with a vast but largely untapped revenue opportunity that could significantly reshape its development trajectory. According to the African Development Bank (AfDB),…
Kenya is staring at a potential fuel crisis after widespread shortages hit a significant number of retail stations, raising concerns about a broader regional impact. Independent fuel retailers report that nearly 20% of…
Financial markets surged March 23, 2026 after U.S. President Donald Trump announced a five-day postponement of planned strikes on Iranian power plants, citing what he described as “productive conversations” with Tehran…
In an era where tech giants like Meta and Google employ tens of thousands to maintain their global dominance, a ghost ship is sailing through the digital landscape. Telegram, the encrypted messaging powerhouse, has…