Africa
Instability hits global markets as Trump tariffs kick in

Asian and European shares slid on Wednesday after U.S. President Donald Trump’s latest tariff hikes took effect and he threatened to add still more.
Uncertainty is running high about what Trump will do next in his trade war. In a speech Tuesday night he said plans tariffs on pharmaceuticals so that more medications would be made in the U.S.
Trump’s latest tariffs include a massive 104% levy on U.S. imports of Chinese products. However, Chinese markets reversed early losses and gained ground on Wednesday.
Driving the gains were massive share buybacks by big state-run investment funds and other state companies that often are instructed to support the market in times of crisis. Investors also are expecting the government to step up spending and other measures to help counter the impact of the tariffs, which will hit small manufacturers and traders that create the most jobs the hardest.
A slew of losses in Asia
Beijing issued a policy paper reiterating China’s right to protect its businesses with unspecified countermeasures, while it emphasized it preferred to resolve trade issues through dialogue.
The paper also argued that taking into account trade in services and U.S. companies’ operations in China, economic exchange between the two countries is “roughly in balance.”
Hong Kong’s Hang Seng rose 0.7%, while the Shanghai Composite index closed 1.3% higher.
Taiwan led the losses in Asia, as its Taiex plunged 5.8%. Big tech industries were among the biggest decliners.
South Korea’s Kospi lost 1.7% to 2,293.70, and the government said it would provide help for its beleaguered automakers.
Slim hopes
In early European trading, Germany’s DAX lost 2.4% to 19,796.83. In Paris, the CAC 40 declined 2.4% to 6,930.62. Britain’s FTSE 100 gave up 2.2% to 7,735.72.
Analysts say the markets will have more swings up and down given uncertainty over how long Trump will keep the stiff tariffs on imports, which will raise prices for U.S. shoppers and slow the economy. If they persist, economists and investors expect them to cause a recession. If Trump lowers them through negotiations relatively quickly, the worst-case scenario might be avoided.
Trump’s trade war is an attack on the globalization that’s shaped the world’s economy and helped bring down prices for products on store shelves but also caused manufacturing jobs to leave for other countries. Trump has said he wants to narrow trade deficits, which measure how much more the United States imports from other countries than it sends to them as exports.
Africa
Iran seeks Russia’s support for its nuclear talks with US

Iran on Friday sought support from Russia over a possible deal with Washington over Tehran’s rapidly advancing nuclear program, ahead of a second round of talks this weekend in Rome.
Iran’s Foreign Minister Abbas Araghchi said he briefed his Russian counterpart, Sergey Lavrov, on the first round of talks in Oman last week and praised Russia’s role in Iran’s 2015 nuclear deal with world powers that led to lifting of sanctions in return for Tehran’s cap on its nuclear activities.
“We are hopeful, and we expect Russia to continue its supportive role in any new agreement,” Araghchi said in a joint news conference with Lavrov in Moscow.
The 2015 nuclear deal collapsed with Trump’s unilateral withdrawal while Iran abandoned all limits on its nuclear program, and enriches uranium to up to 60% purity — near weapons-grade levels of 90%.
Lavrov said Russia was ready to mediate and assist in the nuclear talks.
“We are ready to help, mediate and play any role that, from Iran’s point of view, will be useful and that will be acceptable to the United States,” Lavrov said. “We proceed from the fact that the only option for an agreement, as the (Iranian) minister just said, is an agreement exclusively on nuclear issues.”
Lavrov said Araghchi met with Russian President Vladimir Putin on Thursday in talks that “emphasized the unprecedented dynamics of (the) political dialogue” between Moscow and Tehran. He did not give details, beyond saying Putin was “very pleased” with the talks.
Araghchi said he gave Putin a message from Supreme Leader Ayatollah Ali Khamenei, who has a final say on all state matters in Iran. He did not elaborate.
In Paris, U.S. Secretary of State Marco Rubio expressed hope that talks with Iran are ″fruitful, and that they’re that they can lead to something. We would all prefer a peaceful resolution and a lasting one.″
Rubio met with British, French and German officials in Paris and pressed them to maintain sanctions against Iran instead of allowing them to run out.
″We should all anticipate, based on the public comments yesterday, that they’re about to get a report from the IAEA that says not just is Iran out of compliance, but Iran is dangerously close to a weapon, closer than they’ve ever been,” Rubio said.
He added: “And then they (the Europeans) are going to have to make a decision about whether they want to reimpose these sanctions. And if Iran is out of compliance, they have to reimpose the sanctions.″
Africa
Rwanda agrees to give safe passage to SADC forces leaving the DRC

Rwanda has agreed to give safe passage to Southern African Development Community (SADC) forces. This was confirmed by the Rwandan Minister for Foreign Affairs Olivier Nduhungirehe who confirmed this was at the request of SADC who requested to use the eastern African territory as they exit the war-ravaged eastern Congo.
Kigali has in the past been critical of the SADC forces positioned in Congo straining its relations with South Africa.
The SADC forces have suffered a number of casualties in the previous months from the ongoing war.
The force of several thousand peacekeeping troops from South Africa, Malawi and Tanzania had been sent to eastern Congo by the SADC in 2023 to help the Congolese government pacify a mineral-rich region plagued by various insurgencies.
The troops failed to stop the lightning assaults starting in January by the Rwanda-backed M23 rebels that have claimed several key cities and that left several peacekeepers dead, eroding support for the mission in the donor countries.
The SADC leadership announced their withdrawal earlier this month. The SADC mission was part of a myriad of forces operating in the mineral-rich region plagued by decades of armed violence.
They include Congolese government soldiers, foreign mercenaries, a United Nations peacekeeping force and more than 100 groups that are fighting for power, land and valuable mineral resources.
Others try to defend their communities. Some armed groups have been accused of mass killings targeting ethnic groups.
The M23 rebels are supported by about 4,000 troops from neighboring Rwanda, according to U.N. experts, and at times have vowed to march as far as Congo’s capital, Kinshasa, over 1,000 miles away.
Rwanda has rejected charges, including by the Congolese government and U.N experts, that it backs M23 in eastern Congo, a region that is now one of the world’s largest humanitarian crises with more than 7 million people displaced.
The withdrawal of SADC troops comes after the M23 took control of eastern Congo’s main city of Goma and seized the second largest city, Bukavu, in offensives over the past two months.
Fourteen South African soldiers, and at least three from Malawi, were killed in January in the fighting. The United Nations later evacuated a group of critically injured South African.
Africa
219 rescued from human trafficking and cybercrime ring in Ghana

In a sweeping operation led by the Economic and Organised Crime Office (EOCO), 219 people—primarily foreign nationals—have been rescued from a suspected human trafficking and cybercrime ring operating in Oyarifa, a suburb of Accra.
The victims, mostly young individuals from across West Africa, were lured into Ghana with false promises of well-paying jobs and a better life. Instead, they were held against their will under harsh and exploitative conditions.
At a press briefing, EOCO’s Acting Executive Director, Abdul Bashiru, revealed that many of the victims had been confined for extended periods, with some enduring over a year in captivity. “A Nigerian victim disclosed that he was fed only once a day and had no freedom to leave the premises,” Bashiru said.
Authorities uncovered a trove of evidence at the scene, including laptops, internet routers, and other tools believed to have been used in online fraud schemes. Victims were housed in crowded, unsanitary conditions, forced to work long hours under surveillance.
EOCO, in partnership with the Criminal Investigations Department (CID), the Nigerian High Commission, and international stakeholders, has begun a detailed screening process to separate victims from suspects, and to identify minors among those rescued.
During the ongoing operation at Kunzak Estates in Oyarifa, journalists captured visuals of suspects being lined up, screened, and resting on EOCO’s premises while investigations continued. Officials say they expect the screening process to be completed within 24 hours.
Abdul Bashiru emphasized EOCO’s commitment to dismantling the entire trafficking network: “We’ve mapped out strategies for stronger collaboration between EOCO and the CID to intensify efforts against transnational organized crime.”
Repatriation plans for many of the victims—particularly Nigerian nationals—are already in motion. EOCO also confirmed that similar operations are being rolled out in other parts of the country, targeting what it calls a “well-coordinated trafficking network.”
This latest operation highlights Ghana’s growing role as a transit and destination point in the fight against cross-border human trafficking and cybercrime.
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