South Africa
IMF: Paying Africa’s Climate bill
The world's poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot afford.
Disaster season: heat waves sweep the world – in charts and maps
In the last week temperatures have soared, breaking monthly records in nearly half the countries on the planet. In much of Europe temperatures have reached those of mid-summer in the first week of April.
COMMENT: Sub-Saharan Africa recovery stuck in low gear
Sub-Saharan Africa is poised for a gradual economic upturn in the coming years, buoyed by an enhanced external milieu that diminishes the risk of significant currency devaluations and sovereign defaults.
BRICS announce a blockchain-based payment system to create a common currency
For a long time the BRICS countries have been trying to move away from the dollar, but creating a common currency has not been possible, due to the dominance of China's economy within the group.
Where water stress will be highest by 2050
Water is not only the basis of life for animals and plants but is also likely to become a contested resource in parts of the world in the coming decades, reports Statista.
EM winners and losers from the global green transformation
The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
Antarctic ice melt barriers disappearing twice as fast
Undersea anchors of ice that help prevent Antarctica’s land ice from slipping into the ocean are shrinking at more than twice the rate compared with 50 years ago, research shows.
Middle Eastern investors pour into Africa
Middle Eastern investment into Africa is becoming one of the most important sources of new capital, with projects valued at more than $53bn announced in 2023.
Serbia prepares for new push into African markets
Serbian Chamber of Commerce head says Africa is a market of the future thanks to demographics, rising purchasing power and natural resources.
Number of Russian dollar millionaires falls by a quarter, to last place amongst the BRIC countries
The number of dollar millionaires residing in Russia is down by a quarter (24%) since 2013, to 68,400 high net-worth individuals, ranking Russia last amongst the five BRICS countries.