African investment entity planned by Egypt as it seeks expanded BADEA funding

Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of

We have selected seven of the most interesting and important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. US-China ‘Board of Investment’ stalls before expected Trump-Xi meeting The US-China Board of Investment, one of

AutomobilesCarmaker vows to prioritize overseas production with partners after 37% profit jump in Q2Journalists peer into a Geely Starray EM-i car, a mid-sized plug-in hybrid SUV, at a news conference in Paris on April 28. © ReutersWATARU SUZUKI and GLORIA LIAugust 17, 2026 15:57 JSTUpdated on August 17, 2026 19:55 JST

The data is reinforcing concerns about the health of the world's second-largest economy, which has grappled with a deepening supply-demand imbalance.

By Favour Ulebor, Abuja ABUJA — China’s Ambassador to Nigeria, Yu Dunhai, has said the country’s zero-tariff policy for African countries is already yielding significant benefits for Nigeria, with bilateral trade and Nigerian exports recording substantial growth within months of its implementation. Yu spoke on Friday a

Americans sharply pulled back on retail spending in July even as inflation remained elevated, raising fresh questions about whether the U.S. economy is weakening beneath the surface of the Iran war’s supply-driven price shock.