Africa's Markets, Startups & Money Moves — Updated Daily

United States Reinstating Its Blockade of Iranian Shipping in the Gulf

President Donald Trump said on Monday the United States was reinstating its blockade of Iranian shipping in the Gulf and would ensure the Strait of Hormuz stays open

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US Supreme Court Upholds Birthright Citizenship

The Supreme Court has rejected President Trump’s attempt to end birthright citizenship in the U.S. by executive order, reaffirming more than a century of legal precedent and national tradition

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Brazil Takes a Greater Share of Chinese Soybean Purchases from the U.S.

As Brazil takes a greater share of Chinese soybean purchases away from American farmers, the U.S. is trying to win back buyers by emphasizing crop quality.

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Traffic Picks Up After U.S. Navy Ended Its Blockade of Iran

At least 20 oil tankers have crossed the Strait of Hormuz since the U.S. and Iran began to reopen the sea lane to commercial ship traffic, according to the trade intelligence firm Kpler.

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Global Energy Markets Expected to Stabilize After US and Iran Agreement

With the signing of the peace agreement and the reopening of key energy supply routes, analysts expect global energy markets to stabilize

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United States Releases Official Agreement with Iran

The United States on Wednesday released the official text of the memorandum of understanding reached over the weekend with Iran.

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The Strait of Hormuz Will Be “Completely Open” from Friday

The Strait of Hormuz will be “completely open” from Friday after a deal between Iran and the US to end the Middle East war that limited shipping in the critical bottleneck

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Progress Made in Talks on Ending the Iran War

Iran, the US and mediator Pakistan all said on Saturday that progress had been made in talks on ending almost three months of war.

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G7 Finance Ministers to Meet in Paris

A senior European official says the situation in the Middle East has highlighted how exposed the interconnected global economy is to external shocks.

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Taiwan Says Is an ‘Independent’ Nation

Taiwan said Saturday it is an “independent” nation, hours after US President Donald Trump warned the democratic island against declaring formal independence.

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US Blockade on Iran is Going Global

US Defense Secretary Pete Hegseth said on Friday that a US blockade on Iran is going global, adding Tehran had a chance to make a “good deal” with Washington.

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Oil Prices Rise As Iran Seizes Container Ships in the Strait of Hormuz

Oil prices rose Wednesday, as Iran claimed to have seized two ships in the Strait of Hormuz shortly after President Donald Trump extended the ceasefire.

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