Kenya is increasingly turning to Asia for financing solutions as it faces mounting fiscal constraints, tapping into both Japan’s “samurai” bonds and China’s “panda” bonds to secure low-cost capital for development projects. The East African nation hopes that these innovative debt instruments will provide a lifeline while diversifying its sources of funding beyond traditional Western…
Mozambique’s President Filipe Nyusi has announced that the long-stalled liquefied natural gas (LNG) project led by France’s TotalEnergies will resume operations by September this year, marking a major milestone in the country’s ambition to become a global energy hub. Speaking at a business forum in Maputo, Nyusi confirmed that conditions had improved in the northern…
Japan is deepening its engagement with African nations in the race to secure critical minerals, with both sides pledging to balance stability of supply with responsible development practices. The move comes as global competition for resources such as cobalt, lithium, and rare earths intensifies, driven by demand for electric vehicles, batteries, and clean energy technologies….
Chinese companies are on track to more than double their overseas spending in 2025 under the Belt and Road Initiative (BRI), with the bulk of new funding targeting energy projects and mineral resources. Analysts say the surge reflects Beijing’s drive to secure long-term supplies of critical commodities amid a shifting global energy landscape. According to…
Authorities investigating the flow of synthetic opioids across multiple continents have identified a Japan-based trafficker as the architect of a sprawling fentanyl smuggling network that stretched from Russia to Australia, with links reaching as far as Europe and India. The revelation underscores the increasingly globalised nature of the fentanyl trade, which has devastated communities worldwide…
At Narita International Airport outside Tokyo, a curious scene has become increasingly common. Rows of forgotten suitcases—some scratched, others nearly new—sit neatly lined against walls, tagged and awaiting disposal. They are not lost luggage, nor security risks. They are simply unwanted. As Japan continues to welcome record numbers of foreign visitors, hotels, airports, and even…
On a recent afternoon in Beijing, a popular hotpot chain lured in customers with an irresistible offer: free meals for anyone willing to queue. In Shanghai, a luxury boutique slashed the price of designer handbags by nearly half, hoping to move stock. Across China, retailers, restaurants, and e-commerce platforms are engaged in a fierce price…
In the corridors of Tokyo’s shipyards, the hum of welding machines and the clang of steel are familiar sounds. But when it comes to embracing a wave of foreign investment—particularly from the United States—Japan’s shipbuilding industry is proving far less noisy. Despite a government push to attract global capital, many of the country’s largest shipbuilders…
Tesco has increased the price of its popular lunchtime meal deal, the latest sign of how rising food costs continue to affect households across the UK. From Thursday, the cost of the deal, which includes a main, snack, and drink, rose from £3.60 to £3.85 for Clubcard holders. Customers without a loyalty card now pay…
Ghanaian dancehall star Shatta Wale has been detained in Accra in connection with a tax investigation and the seizure of his luxury Lamborghini, which US authorities allege is tied to an international fraud network. The case has stirred national debate and drawn global attention to one of West Africa’s most recognisable entertainers. The bright yellow…
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