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Africa Business Watch: Press Releases

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Press releases published on July 5, 2025

Italy possibly to classify proposed USD13.5 billion bridge as NATO spending

Italy possibly to classify proposed USD13.5 billion bridge as NATO spending

(MENAFN) Italian officials are considering classifying a proposed $13.5 billion bridge linking the mainland to Sicily as part of their NATO defense spending, according to Politico. The move could help Italy close the gap on the bloc’s new 5% GDP military …

Trump Reveals UFC Fight at White House

Trump Reveals UFC Fight at White House

(MENAFN) US President Donald Trump revealed Thursday that a UFC fight will be held at the White House as part of the upcoming celebrations for America's 250th anniversary. Speaking at an event ahead of July 4, Trump announced: "Every one of our national …

Chinese Foreign Minister: War Will Not Resolve Iranian Nuclear Crisis

Chinese Foreign Minister: War Will Not Resolve Iranian Nuclear Crisis

(MENAFN) Chinese Foreign Minister Wang Yi emphasized on Friday that war is not a viable resolution to the ongoing Iranian nuclear issue, and that preemptive strikes lack any legitimate foundation. He insisted that true peace cannot be achieved through …

Israeli minister states Gaza war must proceed

Israeli minister states Gaza war must proceed

(MENAFN) Israeli Finance Minister Bezalel Smotrich declared on Monday that the conflict in Gaza must persist until Israel achieves a “decisive victory,” rejecting any calls for ceasefire or negotiated settlements. Speaking at a press briefing, Smotrich …

Trump declares new limited-edition perfume range

Trump declares new limited-edition perfume range

(MENAFN) US President Donald Trump has introduced a luxury fragrance line called "Trump Fragrances," featuring limited-edition scents sold in gold statue-shaped bottles resembling himself. The collection includes perfumes and colognes for both men and …

Kennedy brands US Democrats ‘war party’

Kennedy brands US Democrats ‘war party’

(MENAFN) U.S. Health and Human Services Secretary Robert F. Kennedy Jr. criticized the Democratic Party in an interview with Tucker Carlson, claiming it has strayed from its traditional values and morphed into a pro-war, pro-censorship entity primarily …

US plans to mass-produce male screwworm flies to drop on Mexico, Texas

US plans to mass-produce male screwworm flies to drop on Mexico, Texas

(MENAFN) In an effort to contain the spread of a dangerous parasite threatening both animals and humans, US officials are preparing to release billions of sterilized flies across parts of Mexico and southern Texas, according to reports. The operation …

Germany pursues secret deal with US to transfer wapens to Ukraine

Germany pursues secret deal with US to transfer wapens to Ukraine

(MENAFN) Germany is reportedly pursuing a discreet agreement with the United States to purchase two Patriot air defense systems, which it intends to transfer to Ukraine, according to a report by a newspaper citing government insiders. Earlier this week, …

Romanian PM states nation will not be involved in Ukarine-Russia conflict

Romanian PM states nation will not be involved in Ukarine-Russia conflict

(MENAFN) Romanian Prime Minister Ilie Bolojan has firmly ruled out any possibility of deploying Romanian troops to Ukraine, stating that the country will not become militarily involved in the ongoing conflict under any circumstances. In a live interview …

Zuckerberg reveals new ‘superintelligence lab’

Zuckerberg reveals new ‘superintelligence lab’

(MENAFN) Meta CEO Mark Zuckerberg has announced the creation of Meta Superintelligence Labs (MSL), a new division focused on developing artificial intelligence systems that surpass human intelligence. Unveiled on Monday, MSL will unify Meta’s core AI …

NATO state plans on conscripting females

NATO state plans on conscripting females

(MENAFN) Denmark has passed a new law requiring women to take part in military conscription, marking a shift toward gender-equal defense policy as NATO boosts its readiness in response to perceived threats from Russia following the Ukraine conflict …

Trump Suggests Possible Gaza Ceasefire Deal

Trump Suggests Possible Gaza Ceasefire Deal

(MENAFN) President Donald Trump indicated that a potential halt in hostilities between Israel and Hamas might be finalized as early as next week, based on what he described as a “positive” reaction from the Palestinian faction to a U.S.-led initiative, …

Israeli Drone Strike on Lebanon Leaves One Dead, Three Injured

Israeli Drone Strike on Lebanon Leaves One Dead, Three Injured

(MENAFN) Israeli forces conducted a drone strike Thursday afternoon on the Khaldeh highway south of Beirut, resulting in one fatality and three injuries, local media confirmed. The attack occurred mere kilometers from Beirut's international airport, …

Trump issues threat to New York mayoral frontrunner with detention

Trump issues threat to New York mayoral frontrunner with detention

(MENAFN) U.S. President Donald Trump has threatened Zohran Mamdani, the Democratic frontrunner in New York City's mayoral race, with arrest after Mamdani vowed to block federal immigration enforcement in the city. Mamdani, originally from Uganda, declared …

Polish FM accuses Putin of ridiculing Trump

Polish FM accuses Putin of ridiculing Trump

(MENAFN) Polish Foreign Minister Radoslaw Sikorski has accused Russian President Vladimir Putin of ridiculing U.S. President Donald Trump’s attempts to broker peace, following a wave of Russian missile and drone attacks across Ukraine. In a message posted …

Musk Revives Push to Dismantle U.S. "Uniparty" System

Musk Revives Push to Dismantle U.S. "Uniparty" System

(MENAFN) Tech mogul Elon Musk, whose relationship with Donald Trump has swung from alliance to public confrontation, Friday revived his push to dismantle what he calls the "uniparty" establishment dominating American politics. "Independence Day is the …

Ukraine doesn't have capacity to remove Russia from occupied areas

Ukraine doesn't have capacity to remove Russia from occupied areas

(MENAFN) Ukraine currently lacks the capacity to drive Russian forces out of occupied areas, according to Kirill Budanov, the head of Ukraine’s military intelligence agency (HUR). In a recent interview, Budanov acknowledged that only diplomatic …

Gaza Bleeds: Israeli Strikes Claim Over Twenty Lives Since Saturday Morning

Gaza Bleeds: Israeli Strikes Claim Over Twenty Lives Since Saturday Morning

(MENAFN) Medical sources report that Israeli military operations across Gaza have resulted in at least 21 fatalities and numerous casualties since Saturday morning began. A strike targeting a former school serving as a displacement shelter in Gaza City's …

Syria Rejects Foreign Debt, Eyes Economic Revival

Syria Rejects Foreign Debt, Eyes Economic Revival

(MENAFN) Abdul Qader Husariya, the head of the Central Bank of Syria, announced on Friday that the nation has no plans to seek financial assistance from outside sources. “Syria, by order of President Ahmad al-Sharaa, will not resort to external debt, nor …

Durov, Snoop Dogg exchange criticism over Telegram CEO’s 106 sons

Durov, Snoop Dogg exchange criticism over Telegram CEO’s 106 sons

(MENAFN) American rapper Snoop Dogg playfully criticized Telegram founder Pavel Durov after news broke that the tech mogul has fathered more than 100 children. In a recent interview with Le Point, Durov revealed that while he officially has six children …

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