Author: Solomon Alaka

Maersk Reports $2.3 Billion Q2 Operating Profit Despite Global Uncertainty

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Copenhagen, Denmark – August 7, 2025Danish shipping conglomerate A.P. Moller–Maersk delivered stronger-than-expected operating results for the second quarter, underscoring its resilience amid ongoing geopolitical instability. The company reported preliminary underlying earnings before interest, tax, depreciation, and amortization (EBITDA) of $2.3 billion for the June quarter. The performance was attributed to sustained operational efficiencies and robust […]

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Ceasefire in doubt as Rwanda-backed rebels kill hundreds in eastern DR Congo

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The UN human rights office (OHCHR) said it had received first-hand accounts indicating that at least 319 civilians were killed by M23 fighters, aided by members of the Rwanda Defence Force, between 9 and 21 July in North Kivu province. Most of the victims, including at least 48 women and 19 children, were local farmers […]

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The world is demanding action over plastic pollution: UN environment chief

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“The world wants and indeed needs a plastic conventional treaty because the crisis is getting out of hand – and people are frankly outraged,” said Inger Andersen, UNEP Executive Director of the UN Environment Programme (UNEP), the UN agency leading the talks. “We know that plastic is in our nature, in our oceans, and yes, […]

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Five Soldiers Injured in Active Shooter Incident at Fort Stewart, Georgia

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Fort Stewart, Georgia — 6 August 2025 — Five U.S. Army soldiers were shot on Wednesday morning during an active shooter incident at Fort Stewart, the largest Army installation east of the Mississippi River. The suspected shooter, a fellow service member, was apprehended at 11:35 a.m., approximately 30 minutes after the base was placed under […]

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‘Landlocked to landlinked’: UN summit seeks to turn geography into opportunity

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And increasingly, climate change is compounding the problem – damaging roads, disrupting supply chains, and threatening already fragile infrastructure with floods, droughts, and extreme weather. But as global discussions intensify, a UN conference underway in Turkmenistan is aiming to flip the scrip – to help transform LLDCs from landlocked to landlinked through smarter more climate […]

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Ghana Mourns Loss of Defence and Environment Ministers in Military Helicopter Crash

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Accra, 6 August 2025 — Ghana is in mourning following the tragic deaths of Defence Minister Dr Edward Omane Boamah and Environment Minister Dr Ibrahim Murtala Muhammed, who perished in a military helicopter crash in the Adansi area of the Ashanti Region. The accident claimed the lives of eight individuals, including senior government officials and […]

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HRH Princess Anne Undertakes Official Visit to Dublin, Reinforcing UK–Ireland Bilateral Relations

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Dublin, August 6, 2025 — Her Royal Highness The Princess Royal spent the day in Dublin on a one-day official visit, celebrating the enduring friendship between the United Kingdom and Ireland and reinforcing diplomatic ties through cultural and civic engagement. 🤝 A Symbolic Presidential Meeting Princess Anne was formally welcomed by President Michael D. Higgins […]

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Africa Continental Brief: Business, Security, Politics and Human Rights | August 6, 2025

Solomon AlakaLeave a Comment on Africa Continental Brief: Business, Security, Politics and Human Rights | August 6, 2025

Business & Macroeconomics Climate & Energy Geopolitics & Policy Technology & Deals In Focus: China’s Security Engagement in Africa China’s Global Security Initiative (GSI), launched in 2022, is being integrated into China-Africa relations. The initiative emphasizes non-interference and collective security, but also promotes Chinese models of governance. Under the FOCAC Action Plan, China plans to […]

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Become a European Commission trainee

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  “This is a perfect programme for various individuals to expand their horizons and gain excellent experience at the highest-level institutions. I wish for everyone to experience such a perfect and valuable time as I luckily had,” says Mantas from Lithuania about the European Commission’s Blue Book Traineeship Programme. This scheme, established in 1960, allows […]

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📉 Tariffs to Cut $1.5 Billion from Caterpillar’s 2025 Profits

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Caterpillar Inc. (NYSE: CAT) has warned that U.S. tariffs could reduce its 2025 profits by up to $1.5 billion (A$2.3 billion), posing a significant headwind to its financial performance. 🔍 Q2 FY25 Financial Highlights The decline in operating profit was primarily attributed to unfavourable manufacturing costs, driven by higher tariffs and negative price realisation, although […]

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