insert_link APO International From London to Lagos: Why retailers everywhere must prepare for the next wave of cyberattacks In April, two of Britain’s biggest retailers got hit by a massive cyberattack by the notorious Scattered Spider group, leading to substantial financial losses, operational disruptions and compromised customer data (http://apo-opa.co/40O1faD). M&S suffered losses of £300 million (http://apo-opa.co/40O1gLJ) (roughly R7.3 billion) due to the attack, with supply chains affected for weeks. On top of the direct losses, over £1 billion was stripped from the organisation's market value (http://apo-opa.co/4lPmMb3). Similarly, the […] today15 July, 2025
insert_link Business / Economics Inflation inches up to 3.7% in June 2025 Inflation has climbed to 3.7% year-on-year in June, up from 3.5% in May, but still below the 4.6% reported in June last year. The increase marks a pause in the two-month slowdown trend observed earlier in the year. According to Simonis Storm economist Almandro Jansen, the uptick was driven by modest price rises across food and non-alcoholic beverages (6.4%), alcoholic drinks and tobacco (6.9%), and housing and utilities (4.1%)—while transport […] today15 July, 2025
insert_link APO International Liberia Signs the African Union Convention on Ending Violence Against Women and Girls The Ministry of Foreign Affairs representing the Government of Liberia signed the African Union Convention on Ending Violence Against Women and Girls (AUCEVAWG) The signing ceremony took place on the sidelines of the 47th Ordinary Session of the Executive Council of the African Union in Malabo, Equatorial Guinea. Speaking on behalf of the Government of Liberia, Assistant Minister for Afro-Asian Affairs, Honorable Charlyne A. Taylor, who signed the Convention, reaffirmed […] today15 July, 2025
insert_link APO International Ghana: Africa’s Reparations call now a unified demand- President Mahama “Africa’s call for reparative justice is no longer a whisper—it is a unified demand grounded in historical truth, moral clarity and our unwavering commitment to dignity. As we implement the 2025 Theme of the Year on Justice for Africans and People of African Descent through reparations, we reaffirm our shared resolve to correct historical wrongs and injustices through restitution, healing and holistic systemic transformation.” This powerful declaration was made by […] today15 July, 2025
insert_link APO International Economic Commission for Africa (ECA)’s Gatete sets tone at High-Level Political Forum on Sustainable Development (HLPF) 2025 with focus on finance and data gaps At the opening of the 2025 High-Level Political Forum on Sustainable Development (HLPF), Claver Gatete, Executive Secretary of the Economic Commission for Africa (ECA), called for urgent action to bridge global financing gaps and support innovation systems that work for all. “Digital tools and mission-driven science can accelerate SDGs delivery, but only if systems are inclusive and backed by real financing at scale,” he said, moderating a high-level Townhall session on SDGs […] today15 July, 2025
insert_link Press Releases ATIDI approves USD84 million counter-guarantee to support financing of Rwanda’s new international airport · ATIDI has approved a USD84 million counter-guarantee to support the issuance of bonds and guarantees for the construction of Rwanda’s New International Airport in Bugesera District. · BPR Bank Rwanda Plc, acting as Mandated Lead Arranger and Facility Agent, leads a consortium of lenders enabling the transaction. · The Project is a vital infrastructure that will accelerate Rwanda’s Vision 2050, its national strategy to become an upper-middle-income country by 2035 […] today15 July, 2025
insert_link Business / Economics Petroleum Fraud Case Expands to 71 Charges The National Petroleum Corporation corruption saga has deepened, with the number of charges now standing at 71. NewsOnOne’s Envaalde Matheus reports that the state is firmly opposing bail for nine accused, citing risks they might abscond, tamper with evidence or derail further arrests. The alleged fraud has rocked the sector, involving a staggering N$480 million. today15 July, 2025
insert_link Business / Economics PETROFUND Backs Youth Oil & Gas Summit in Walvis Bay. The Petroleum Training and Education Fund has thrown its weight behind the upcoming Youth in Oil and Gas Summit, happening from 24 to 25 July in Walvis Bay. Under the banner “Drilling into the Future: Empowering Youth in the Oil and Gas Revolution,” the gathering aims to equip young people with key skills and industry knowledge. PETROFUND spokesperson Shoki Kandjimi: today15 July, 2025
insert_link Namibia Home Loans Only, Says GIPF on Pension Scheme The Government Institutions Pension Fund has clarified that its Pension-Backed Home Loan Scheme is strictly intended to help members buy or build houses. The Pension Funds Act limits pension access to housing purposes only, ruling out business ventures or personal spending, According to CEO Martin Inkumbi: today15 July, 2025