Category: World & Technology
Dated, source-linked briefings on global news, technology and the developments behind the headlines.
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Raffles Family Office agrees to promote Rwanda investment projects
Raffles Family Office agreed with the Rwanda Development Board to introduce infrastructure and tourism projects to its client network, Reuters reports. The collaboration aims to mobilise investment over coming years.
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Kenya assesses needs after people flee fighting in Moyale
Hundreds of Ethiopians crossed into Kenya after fighting in Moyale, Kenya Red Cross and local officials told Reuters. The Red Cross was assessing the number affected and their needs; the cause of the fighting was…
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Greece and Egypt discuss extending their maritime agreement
Greece and Egypt are discussing an eastward extension of their maritime-zone agreement towards Cyprus, Greece’s foreign minister said, according to Reuters. The talks take place amid competing claims in the eastern Mediterranean.
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Namibia lowers its 2026 growth forecast to 2.3%
Namibia cut its 2026 economic growth forecast to 2.3% from 3.1% in its mid-year budget review, Reuters reports, citing weaker first-half performance.
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Bank of Korea holds its policy rate at 3%
The Bank of Korea kept its benchmark rate at 3%, Reuters reports. The bank remained upbeat about exports and said it would assess the timing and pace of possible further increases.
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South Africa’s China trade rises after duty-free access
South African exports to China rose nearly 25% year-on-year between May and August, Chinese ambassador Wu Peng said, according to Reuters. Imports from China increased 23% after the May duty-free scheme for qualifying African exports.
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EIA says US refiners ran unusually hard through the summer
US refinery utilisation averaged above 95% from May through September, the highest level for those months since 1998, Reuters reports, citing the Energy Information Administration.
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MViSTA cable developers target a new Southeast Asian data route
Developers of the proposed MViSTA subsea cable expect to choose NEC or Alcatel Submarine Networks as supplier, Reuters reports. The planned $400 million route would connect Malaysia, Vietnam, Singapore and Thailand, targeting late 2028.
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IMF and OECD warn that unequal AI access could widen divides
IMF and OECD officials warned that unequal access to AI infrastructure and skills could widen gaps between richer and poorer economies, Reuters reports. Smaller firms and younger workers were among the concerns.
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Thales reports stronger nine-month sales and orders
Thales reported organic nine-month sales growth of 8.1% to €16.42 billion and a 14% rise in orders to €19.12 billion, Reuters reports. The company reaffirmed its 2026 outlook.