Absa Tanzania Deal to Create $3 Billion Bank
Absa Group plans to fold Absa Bank Tanzania into National Bank of Commerce, creating a lender with about US$3 billion...
July 23, 2026Africa is the arena where China, the United States, the Gulf states, Russia and Europe now compete hardest – for minerals, ports, data, military access and influence. The Rio Times tracks the deals, aid, sanctions and diplomacy of the new scramble, and what a continent increasingly setting its own terms means for the global balance – including for Latin America, courted by the same powers. This hub collects our coverage of the great-power contest across Africa.
Absa Group plans to fold Absa Bank Tanzania into National Bank of Commerce, creating a lender with about US$3 billion...
July 23, 2026
Century-old US aerospace firm Curtiss-Wright signed an MoU with Morocco at Farnborough for its first African facility, a surface-treatment plant...
July 23, 2026
Egypt and the UAE jointly condemned Iranian attacks on Arab states and commercial vessels in July 2026, rejecting threats to...
July 23, 2026
The US proposes a 12.5% tariff on most Moroccan exports after finding Rabat lacks a ban on forced-labour imports, threatening...
July 23, 2026
Cape Verde’s 2026 World Cup debut earned $23.5 million in FIFA prize money and triggered an 800% tourism search surge,...
July 23, 2026
Guinea-Bissau freezes ties with Cape Verde after Praia demanded the release of opposition leader Domingos Simões Pereira, jailed over an...
July 23, 2026
Africa Intelligence Brief July 22 — Africa faces a day of devastating loss as 85 civilians are killed in Sudan...
July 22, 2026
Algeria's Sonatrach and Italy's Eni signed a landmark gas supply deal targeting 9 bcm/year by 2023-24, reshaping European energy security.
July 22, 2026
Senegal and France signed a letter of intent in July 2025 for a new defence framework without permanent bases, focusing...
July 22, 2026