By: Nosmot Gbadamosi,Foreign Policy’s Africa Brief South Africa has issued a notably guarded response to the U.S. bombing of Iranian nuclear sites, urging “dialogue” and a “peaceful resolution” to the conflict. Pretoria’s muted statement—in contrast with its outright condemnation of Israel’s strikes on Iran earlier this month—underscores the diplomatic challenges that it faces as it navigates an increasingly unpredictable administration in Washington. This balancing act may only become more complicated if an Israel-Iran cease-fire fails to hold. In recent years, Pretoria has deepened its ties with Tehran. South Africa has allowed Iranian warships to dock in…
Day: June 25, 2025
CIBAFI Releases GIBS 2025 Report, Showcasing Emerging AI and Data Trends in the Islamic Finance Sector
The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions,has successfully held a webinar titled “AI and Data Survey (GIBS) 2025 Report,an official statement issued in Manama,Bahrain,Wednesday, has disclosed. This edition of the GIBS Report explores the expanding role of artificial intelligence (AI) and data analytics in transforming Islamic banking operations, service delivery, and risk management. It captures insights from 105 executives across 29 countries, providing valuable regional perspectives and industry benchmarks. The webinar opened with remarks from Dr. Abdelilah Belatik, Secretary General of…
KenGen Cancels and Reopens Tender for $247.5 Olkaria VII Geothermal Plant Consultancy Work
First Published on Jun 23, 2025 by M Kubwa,Construction Review Kenya’s state-owned electricity generator KenGen has been ordered to cancel a tender worth millions of shillings for the Olkaria VII Geothermal Plant Consultancy Work. This tender was awarded to an Italian company for consultancy services of the upcoming $247.5 million Olkaria VII Geothermal Plant. Reason for the Cancellation of Olkaria VII Geothermal Plant Consultancy Work Tender The Public Procurement and Regulatory Authority tribunal ruled out the the power producer company had unfairly awarded the tender to ELC Electroconsult SPA. ELC Electroconsult SPA…
