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Iran warns European countries against sending warships to Strait of Hormuz

Africanews EN • 11 May 2026, 20:44

Iran has warned European countries on Monday against sending warships to the Strait of Hormuz. Iran’s foreign ministry spokesperson Esmaeil Baghaei argued that any European involvement would only push energy prices higher and create additional complications to an already delicate situation.

Global Energy Bodies Converge at African Energy Week (AEW) 2026 to Shape the Continent’s Energy Future

Africa Energy Chamber • 11 May 2026, 19:30

As Africa accelerates efforts to balance energy security, industrial growth and decarbonization, African Energy Week (AEW) 2026 will convene a powerful cohort of global associations whose work is increasingly defining the trajectory of the continent’s energy systems. The participation of Nikki Martin, President & CEO of EnerGeo Alliance; Anibor Kragha, Executive Secretary of the African Refiners & Di

Trump to visit China for high-stakes talks with Xi Jinping

Africanews EN • 11 May 2026, 19:25

President Donald Trump is set to visit China from May 13th to 15th for high-level talks with Chinese President Xi Jinping, with trade, Iran, and regional security expected to top the agenda.

Yuresh Maharaj’s balancing act at the centre of Standard Bank’s insurance ambitions

Daily Maverick - Business Maverick • 11 May 2026, 19:09

Yuresh Maharaj’s day does not begin with markets, emails or the machinery of a financial services group. It begins, more prosaically and perhaps more revealingly, with his children. For the man tasked with leading Liberty while also running Standard Bank Group’s Insurance and Asset Management business unit, that domestic opening note says something about the discipline required to hold two large executive realities in the same pair of hands: one rooted in the Liberty brand and another embedded in the broader Standard Bank machine. Yuresh Maharaj stepped into the Liberty chief executive role in March 2022, after joining Liberty at the end of 2015 as financial director and later serving on the

Kemi Seba tells South African court he fears for his life if returned to Benin

Africanews EN • 11 May 2026, 19:02

Firebrand anti‑Western activist Kemi Seba, wanted in Benin over an alleged foiled coup plot, told a Pretoria court he risks being killed if deported, as he sought release on bail after his arrest for overstaying his South African visa. Please confirm details with a trusted news source.

Ecobank Group and AGRA forge strategic partnership to transform agricultural value chains and drive inclusive growth in Africa

AGRA / Alliance for a Green Revolution in Africa • 11 May 2026, 18:52

Ecobank Group and AGRA have signed a Memorandum of Understanding (MoU) establishing a high-level cooperation framework to promote sustainable and climate-resilient agricultural growth across the continent. The partnership focuses on de-risking agricultural lending through blended finance, risk-sharing facilities, and tailored financial products designed for agribusiness SMEs and smallholder farmers. The collaboration will specifically target women- […]

Boxer posts knockout out debut results as Pick n Pay readies in store cuts

Daily Maverick - Business Maverick • 11 May 2026, 18:44

History will remember the Boxer stock exchange listing as the smartest move available to stabilise Pick 'n Pay’s debts. But in-store workers will be the next difficult decision that may go unnoticed. While the Pick n Pay business turnaround that veteran CEO Sean Summer is executing began a long time before the current Middle East conflict, having the company chief referring to a section 189A process as “an important part of our turnaround journey” must have stung for the affected in-store workers. Fuel prices are surging and the associated price increases are gnawing at empty wallets, but Summers says that “we must now address a critical reality that our current store labour model has been o

Cannes opens 79th edition with Eye Haïdara at the helm of ceremony

Africanews EN • 11 May 2026, 18:33

The Cannes Film Festival has opened its 79th edition on the French Riviera, once again bringing global attention to one of the world’s most prestigious celebrations of cinema.

After the Bell: The growing overlap between phone networks and banks

Daily Maverick - Business Maverick • 11 May 2026, 16:57

With mobile networks needing to play in the phone space and the financial space, the overlap between what we used to know as banks that would facilitate financial transactions, and networks that provided phone calls, is growing dramatically. When I was younger I was the kind of kid who thought he was at the cutting edge of technology if he could get the timer record function on the family video recorder to work properly and reliably. And for added points, I was even able to use the “simulcast” function which allowed me to record sound from Radio 2000 on an FM radio onto a video tape during a programme, meaning my mom could watch Remington Steel in English (the sight of a future James Bond in

Junior Achievement (JA) Africa and ExxonMobil Foundation Launch Science, Technology, Engineering, and Maths (STEM) Africa 2.0 to Equip the Next Generation of African Innovators

Africa Energy Chamber • 11 May 2026, 16:52

JA (Junior Achievement) A

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