Namibia's port authority, Namport, has rejected a proposal by Alpha Nautical Services Limited (Anol) to develop a $244 million oil and gas supply base at Lüderitz.
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Russian central bank raises key rate amid weaker ruble
Russia's central bank raised its key interest rate for the third time in two months on Friday as it grapples with higher inflation and a weaker ruble. The central bank last hiked its key rate at an emergency meeting in August, a day after the ruble tumbled to a more than 16-month low against the dollar.
EU ready to confront any China retaliation over car subsidy probe
The EU insisted on Friday that its economy could survive any retaliation from China, after Beijing warned that Brussels' probe into Chinese electric car subsidies would harm trade relations.
Pakistan flag carrier PIA struggling to pay bills
Pakistan's national flag carrier admitted Friday it was struggling to pay bills and wages after local media reports said the fleet may be grounded within days. Local television channel Geo news this week reported that the airline was on the verge of collapse and flight operations could be suspended in days if emergency funds were not provided.
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VRA opposes IPP's request for monthly payments increase: "It'll collapse public power entities"
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6 dead in Kenya as medical small plane crashes into a building, video trends
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