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Africa Business Watch: Press Releases

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Press releases published on July 28, 2025

MSF Criticizes Abduction of Health Worker in Sudan

MSF Criticizes Abduction of Health Worker in Sudan

(MENAFN) a prominent international humanitarian medical organization, has vehemently denounced the kidnapping of a Ministry of Health employee from one of its ambulances in South Sudan's Morobo County. The organization stated that the incident, which …

Trump Shortens Solving Ukraine Conflict Deadline

Trump Shortens Solving Ukraine Conflict Deadline

(MENAFN) US President Donald Trump has issued a stern warning, drastically shortening the period he originally provided for Moscow and Kiev to resolve the Ukraine conflict. He now insists on a resolution within just “10 or 12 days,” a significant cut from …

UBS Encounters Claims Over Nazi-Era Accounts

UBS Encounters Claims Over Nazi-Era Accounts

(MENAFN) Swiss banking giant UBS might be liable for billions in compensation to Holocaust survivors if allegations made by Jewish groups are substantiated. These allegations claim that UBS inherited undisclosed Nazi-era accounts from the now-defunct …

Russia Captures Two More Villages in Ukraine’s Donetsk

Russia Captures Two More Villages in Ukraine’s Donetsk

(MENAFN) Russia announced on Monday that its troops have taken control of two additional villages in Ukraine’s embattled Donetsk region, marking the latest in a series of reported advances on the eastern front. According to a statement from the Defense …

UN Cautions of Looming Breakdown in Lebanon Without Swift Action

UN Cautions of Looming Breakdown in Lebanon Without Swift Action

(MENAFN) Lebanon is on the brink of a devastating socioeconomic breakdown unless immediate and unified recovery measures are implemented, a new multi-agency report from the United Nations cautioned on Thursday. Titled "The Socioeconomic Impacts of the 2024 …

Brazil Deepens Ties with BRICS Alliance Despite Trump’s Warning

Brazil Deepens Ties with BRICS Alliance Despite Trump’s Warning

(MENAFN) Brazil is moving ahead with plans to deepen its engagement with fellow BRICS nations, despite warnings from U.S. President Donald Trump, a top adviser to President Luiz Inácio Lula da Silva confirmed on Saturday. The U.S. recently issued tariff …

OpenAI CEO Warns of Gaps in AI Interactions

OpenAI CEO Warns of Gaps in AI Interactions

(MENAFN) The technology sector is still grappling with how to adequately safeguard user confidentiality during deeply personal exchanges with artificial intelligence, according to OpenAI’s chief executive, Sam Altman. He acknowledged that current platforms …

Medvedev Calls US, EU Trade Deal Humiliating

Medvedev Calls US, EU Trade Deal Humiliating

(MENAFN) Former Russian President Dmitry Medvedev has strongly criticized the new trade agreement between the United States and the European Union, labeling it as "completely humiliating for the Europeans." The deal, which was announced on Sunday by US …

Russia’s Ex-President Voices Support for African Fight Against Neocolonialism

Russia’s Ex-President Voices Support for African Fight Against Neocolonialism

(MENAFN) Former Russian President Dmitry Medvedev has voiced robust support for African political parties actively combating neocolonialism, reaffirming Russia’s dedication to deepening political cooperation across Africa. In a message delivered Saturday …

UN, Donors Greenlight USD2B Lebanon Aid Plan

UN, Donors Greenlight USD2B Lebanon Aid Plan

(MENAFN) On Thursday, the United Nations together with donor nations formally approved Lebanon’s 2025 Response Plan during a key coordination meeting. According to a news agency, the plan identifies a funding requirement of $2 billion for its rollout, …

Bus Accident in Peru Leaves Eighteen Dead

Bus Accident in Peru Leaves Eighteen Dead

(MENAFN) At least 18 individuals lost their lives and 24 others sustained wounds in a tragic traffic incident that took place in the central region of Junin, Peru, as reported by a news outlet on Friday. The calamity unfolded when a two-level bus belonging …

UN Warns of Armed Conflict Resurgence in Eastern DRC

UN Warns of Armed Conflict Resurgence in Eastern DRC

(MENAFN) The United Nations peacekeeping mission in the Democratic Republic of the Congo (MONUSCO) has issued a stark warning over a deadly resurgence of armed conflict in the volatile eastern provinces of Ituri and North Kivu, where renewed violence since …

Lavrov Warns of US, EU Trade Deal Risks

Lavrov Warns of US, EU Trade Deal Risks

(MENAFN) Russian Foreign Minister Sergey Lavrov has cautioned that the newly signed US-EU trade arrangement could hasten the process of “deindustrialization” throughout Europe. He emphasized that the accord may divert financial investment toward the United …

U.S. Tariffs Threaten African Economies

U.S. Tariffs Threaten African Economies

(MENAFN) A Ghanaian economic analyst has warned that African nations are set to experience harmful effects due to the current tariff conflict instigated by the United States. Leslie Dwight Mensah, an economist affiliated with the Institute for Fiscal …

FTRE FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Fortrea Holdings, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 1 Deadline in Securities Class Action – FTRE

FTRE FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Fortrea Holdings, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 1 Deadline in Securities Class Action – FTRE

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fortrea Holdings, Inc. (NASDAQ: FTRE) between July 3, 2023 and February 28, 2025, both dates inclusive (the “Class …

CPS Announces $418.33 Million Senior Subordinate Asset-Backed Securitization

CPS Announces $418.33 Million Senior Subordinate Asset-Backed Securitization

LAS VEGAS, Nevada, July 28, 2025 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its third term securitization in 2025 on Monday July 28, 2025. The transaction is CPS's 56th senior …

Digitalia 21 Launches Proprietary Reputation Strategy to Help Companies Convert Visibility into Market Value

Digitalia 21 Launches Proprietary Reputation Strategy to Help Companies Convert Visibility into Market Value

Roma, It , July 28, 2025 (GLOBE NEWSWIRE) -- Digitalia 21, a strategic communications studio, has launched a proprietary method to help companies turn visibility into market value by strengthening their reputation. The announcement comes amid mounting data …

New PLI Press Treatise Provides Overview and Guidance on Sanctions and Export Controls

New PLI Press Treatise Provides Overview and Guidance on Sanctions and Export Controls

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- A new book from PLI Press provides a detailed introduction to the world of U.S. and international sanctions and export controls, highlighting their expanding role as a tool of foreign policy and outlining the …

New Report Warns U.S. Tariffs on Lumber Could Trigger Systemic Risks Across B.C.

New Report Warns U.S. Tariffs on Lumber Could Trigger Systemic Risks Across B.C.

VANCOUVER, British Columbia, July 28, 2025 (GLOBE NEWSWIRE) -- A new report by policy researcher Jerome Gessaroli for Resource Works explores how a significant downturn in British Columbia’s forest sector could set off far-reaching ripple effects across …

PEPG DEADLINE NOTICE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages PepGen Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 8 Deadline in Securities Class Action – PEPG

PEPG DEADLINE NOTICE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages PepGen Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 8 Deadline in Securities Class Action – PEPG

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of PepGen Inc. (NASDAQ: PEPG) between March 7, 2024 and March 3, 2025, both dates inclusive (the “Class Period”), of the …

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