Link to article: https://www.reuters.com/world/africa/south-africa-private-sector-returns-growth-iran-war-clouds-outlook-pmi-shows-2026-04-07/ For the first time in some years, South Africa’s economy and, more specifically, their private sector, is showing significant improvement and signs of upward trends, but there is a massive threat that could potentially throw all of it out the window. The conflict in the Middle East has the potential to tank South Africa’s market, dragging… Read more »
Link to article: https://www.barrons.com/articles/iran-war-oil-ethiopia-conflict-eritrea- It’s no secret that the United States and Israel’s war in Iran is actively affecting countries worldwide in increasingly harmful ways. With Iran’s retaliation in shutting off the Strait of Hormuz, the global economy has taken a hit, and markets are acting erratically. That isn’t to say that the conflict hasn’t offset potentially dangerous situations in… Read more »
https://www.reuters.com/world/africa/wto-membership-could-boost-ethiopias-economy-even-trade-group-faces-crisis-2026-04-02 Summary:Ethiopia is preparing to join the World Trade Organization after more than two decades of negotiations, marking a pivotal shift in its economic and foreign policy trajectory. The decision reflects both a strategic response to persistent domestic economic challenges—including high inflation, foreign currency shortages, and mounting debt—and a broader ambition to integrate more fully into the global economic system…. Read more »
https://www.bbc.com/news/articles/czrepkppnl1o Summary: The BBC article reports that Somalia is preparing to begin its first offshore oil drilling project, marking a historic milestone for the country. The initiative is being carried out with significant support from Turkey, including technical expertise and security assistance. Somalia is believed to have vast untapped oil reserves, but decades of conflict and instability have delayed exploration…. Read more »
https://www.reuters.com/world/africa/congo-says-it-will-receive-third-country-deportees-under-new-deal-with-us-2026-04-05 Summary:The United States has reached an agreement with the Democratic Republic of Congo to accept third-country deportees, meaning migrants who are not Congolese nationals may be sent there after removal from the U.S. The deal is part of a broader effort to manage migration by relocating individuals to countries willing to receive them. Congo will host these deportees temporarily,… Read more »
