South Africa becomes global shipping’s safe haven
With the Strait of Hormuz shut and attacks widening in the Red Sea, the world’s shipping giants are rerouting—and South Africa’s coastline is suddenly the place to be. Companies like Maersk and CMA CGM are diverting vessels around the Cape of Good Hope to escape high-risk zones, sending maritime traffic through Southern Africa toward nearly […]
Somali army seizes Baidoa as regional leader resigns
Somalia’s federal forces have seized control of Baidoa, the largest city in Southwest State, triggering the resignation of regional president Abdiaziz Hassan Mohamed Laftagareen. The takeover followed a dispute with the federal government, which had rejected Laftagareen’s recent reelection and clashed with his administration over constitutional changes. Laftagareen’s administration cut ties with Mogadishu just two […]
Nigeria boosts crude allocations to Dangote Refinery
As the Iran war sends global oil prices spiraling, Nigeria is scrambling to keep its own fuel flowing. The state-owned Nigerian National Petroleum Company is boosting crude allocations to the Dangote refinery to seven cargoes for May, up from five in previous months. The bump comes as fuel prices hit record highs domestically and the […]