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23 May 2026


Business

India Clears ₹85,500 Crore Deal for Tejas Jets and AEW&C Aircraft

The government has approved the acquisition of 97 Tejas Mark-1A fighter jets and six airborne early-warning and control (AEW&C) aircraft, a deal…

Tata Motors Revs Back Into South Africa’s Passenger Car Market With Bold SUV Push

India’s Tata Motors has made a comeback to South Africa’s passenger vehicles market after a six-year hiatus, betting on a new portfolio…

India Faces Steep Challenge as 50% U.S. Tariffs Bite Export Sector

India’s export sectors are reeling after the U.S. doubled import tariffs to 50%, combining an existing 25% reciprocal duty with a new…

India Earns S&P Global Ratings Upgrade to ‘BBB’ on Growth Strength, Fiscal Discipline

Credit ratings agency S&P Global has upgraded India’s long-term sovereign credit rating to ‘BBB’ from ‘BBB-’, citing the country’s strong economic resilience,…

Nigeria-born banking startups target emerging market gig workers

The companies offer international money transfers with paperless accounts.

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African Union needs ‘urgent reform’ after leadership elections as US steps back

The Trump administration’s decision to end vital aid projects on the continent leaves a vacuum that the AU could fill.

Seven African countries to be hit hardest by Trump’s USAID cuts

The Trump administration’s cuts to USAID could trigger “a potentially massive economic shock,” researchers said.

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South Africa might bypass Black ownership rules for Musk

Government officials have discussed enabling Elon Musk’s companies to sidestep a policy aimed at redressing apartheid-era inequalities.

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Analysis: Why Africa must — and can — build its own AI giants

This is Africa’s AI moment and we must think bigger, with more ambition.

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USAID’s dismantling threatens African development

Washington’s main foreign aid body is reportedly set to cut its staff of 10,000 to about 300, with only about a dozen…