Debt forgiveness: UBS is in talks with the Mozambican government to forgive as much as $100 million of debt as part of a settlement over Credit Suisse’s role in a financing scandal in the African nation. https://bloom.bg/3PD8RGB

South Africa-Kenya climate stance divide: Kenyan President William Ruto is preaching self-reliance and investment, while South Africa’s Cyril Ramaphosa is extending the begging bowl and chastising the rich world. Read more: https://bloom.bg/3PzMMcg

Coup bonds: The coup in Gabon that ousted a key French ally in Africa shook up bond investors by destabilizing one of the region’s few international borrowers. https://bloom.bg/456MizP

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

Ahead of the Sam Bankman-Fried trial, join the Bloomberg Crypto Telegram channel for news and analysis. https://t.me/bloombergcrypto

Brace for impact: Why a US recession is still likely — and coming soon — even after a government shutdown was averted. Read The Big Take: https://trib.al/mHWVK6e

Buckle up: Indonesia opened Southeast Asia’s first high-speed rail to the public after years of delay. Set to be completed in 2019, the project cost surged to $7.2 billion from $6 billion: https://trib.al/rajPDh5

Replacing Google: Apple has the ability to launch its own search engine, but its deal with Google is too lucrative to abandon, Mark Gurman writes in the Power On newsletter: https://trib.al/0WNiy95

Secret plot against WHO head:  Abiy Ahmed, Ethiopia’s prime minister, and his compatriot Tedros Adhanom Ghebreyesus, the head of the World Health Organization are now on opposite sides of a bitter power play exposed by previously undisclosed government documents. https://bloom.bg/3RI89up

Musk's Starship partners with Jumia: Billionaire Elon Musk’s SpaceX will partner with e-commerce firm Jumia Technologies to expand its satellite broadband services in Africa. https://bloom.bg/46zAQhi

Mozambique bonds rally on tuna debt scandal: Mozambique’s bonds rallied after UBS Group announced it had reached a settlement with the southeast African nation over Credit Suisse’s role in a ship-financing scandal. https://bloom.bg/46C1B4Z

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

African scientists join forces on HIV shot: South Africa’s Medical Research Council is teaming up with scientists from eight countries on the continent in an US-funded effort to select an immunization candidate against the virus that causes AIDS. https://bloom.bg/3M8S8dF

Ghana opposition seeks central bank heads expulsion: Ghana’s main opposition party demanded the ouster of the nation’s central bank governor, blaming him for “hyper inflation” in the West African nation. https://bloom.bg/46tBTQx

Eni's Africa biofuel feedstock plan: Eni's plan to set up plants to source approximately 700,000 tons of biofuel feedstock from Africa by 2026 will cost as much as €700 million ($735 million), according to a senior company official. https://bloom.bg/3RLdgKA

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

Carlyle founders, Dangote back new African PE fund: A team spun out of Carlyle Group said they’ve got backing from the founders of the US private equity firm, as well as Nigerian billionaire Aliko Dangot,e for a new Africa-focused fund. https://bloom.bg/3PK6ZvM

Africa's biggest fund to invest more into green energy: The Public Investment Corporation intends to increase its investment in renewable energy as South Africa battles to resolve a power crisis that’s stifling economic growth. https://bloom.bg/3PA4kF2

South Africa weighs meat-import rebate on bird flu: Trade and Industry Minister Ebrahim Patel asked the nation’s trade commission to consider temporarily scrapping a duty on chicken imports, as the domestic poultry industry battles a deadly outbreak of avian flu. https://bloom.bg/46hAHPN

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

The Indian commodities giant Vedanta is caught between founder ambition and a capital crunch. In between two major crises in 2012 and 2023, for a while Founder Anil Agarwal seemed to be eyeing a bid for Anglo American, one of the world's top mining groups, many times the size of Vedanta.

Vedanta may tide over a debt crisis yet again, but it is important investors consider the possibility that the founder's ambition may not allow this to be the last. https://trib.al/d6OMIgd

Looking for insightful commentary and in-depth analyses on India? Sign up here [ https://bloom.bg/3qEX2rh ] for our weekly newsletter to stay updated with the latest reportage on billionaires and businesses behind its rise.

FirstRand first black female CEO: Firstrand named Mary Vilakazi as the first black female chief executive officer of Africa’s biggest lender by market value. https://bloom.bg/46wP02K

Mozambique drops key claims from shipping magnate: The Mozambique government has agreed to drop a key part of its claim potentially worth hundreds of millions of dollars from its lawsuit against French tycoon Iskandar Safa and Privinvest. https://bloom.bg/3ZGIMLo

Cholera outbreak kills dozens in Zimbabwe: A cholera outbreak is spreading across Zimbabwe, with about 100 people suspected to have died from the disease, the Ministry of Health said. https://bloom.bg/46gjHtu

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Eskom CEO quest: South Africa’s protracted search for a new CEO for its state-owned power utility will end by December, according to Public Enterprises Minister Pravin Gordhan. https://bloom.bg/3Q773ag

Mauritus Telecom's Africa expansion: The Mauritius telecommunications operator is assessing opportunities in several African nations as part of a key strategic initiative to diversify out of the Indian Ocean island market. https://bloom.bg/46CWm4P

Congo's global Germanium output plans: A newly built plant in Democratic Republic of Congo aims to produce 30% of the world’s germanium, according to its owner, potentially easing China’s dominance of the metal used in electronics and solar cells. https://bloom.bg/3RNMgdf

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Prime Minister Benjamin Netanyahu declared Israel “at war” after Gaza Strip militants fired over 2,000 missiles and infiltrated southern parts of the country, killing an estimated 22 Israelis, in a surprise attack early Saturday.

“The enemy will pay a price that he has not seen before. We are at war and we will win it,” Netanyahu said in a video address.

Hundreds more were injured and defense forces were unable to immediately access some communities overrun by Hamas. Israel said it was reinforcing “all arenas” with an extensive mobilization of reserves for what’s been dubbed “Operation Swords of Iron.” Israel has sent a dozen or more warplanes to strike back within the strip.

Follow here for the latest updates as they happen https://trib.al/5RVDixk

Israel war: The death toll from the conflict between Israel and the militant group Hamas has topped 1,100 as fighting enters a third day. Read the latest here. https://tinyurl.com/yc6hkwj8

Turbulence ahead: It took four long years for global airline capacity to return to pre-Covid levels — but for passengers and airlines, the industry has changed forever. Here's how. https://tinyurl.com/bdcm67r6

Sneaking money out: Some of China's affluent people are trusting their life savings to a group of strangers they know only via Whatsapp. They are willing to take the gamble to sneak their money out of the mainland. Read The Big Take. https://tinyurl.com/2xrdp9td

Over a thousand dead after Hamas attack: The death toll from the conflict between Israel and the militant group Hamas topped 1,100 as fighting continued for a third day. https://bloom.bg/3LUuXnc

Africa in focus at IMF: The continent’s leaders seek a bigger say in global finance as hosts of the annual IMF and World Bank meetings for the first time in 50 years. https://bloom.bg/3LUdxah

Sunak’s Rwanda deportation plan: The UK’s controversial policy to deport asylum seekers to Rwanda is set to be scrutinized by the nation’s top court this week. https://bloom.bg/3rAv0O5

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Global companies are spending millions of dollars to get their names seen during the Cricket World Cup in India. The sporting event represents an opportune moment for brands to tap into the cricket-crazy nation of 1.4 billion people, and guarantees sponsors more than a billion viewers across the world from Europe to Oceania. https://trib.al/NVg3JI2

Fans lash out at India’s cricket board BCCI over ticketing chaos and shoddy planning during the opening matches of the Cricket World Cup. Read more on how this threatens to deflate India’s soft power push: https://trib.al/gqKUgLK

Talks Over Crisis Government: Israel’s ruling coalition wants to form an emergency government with the opposition to tackle the nation’s worst crisis in decades. https://bloom.bg/3rDAvvs

Nigerian Reforms Boost Economic Growth: The International Monetary Fund welcomed reforms by Nigerian President Bola Tinubu’s government, and forecast faster economic growth in the West African nation and other key African economies. https://bloom.bg/46KS1fR

Egypt Banks Suspend Foreign Currency Debit-Card Use: The country’s biggest lenders including Commercial International Bank SAE and Banque Misr suspended the use of local-currency debit cards abroad. https://bloom.bg/3FfyCrG

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Israeli troops are massing for a possible ground invasion of Gaza. Multiple factors could complicate that mission: https://trib.al/altiHDR

The US vows to send further weapons to bolster Israel's defenses. Meanwhile, the European Union's foreign policy chief says an “overwhelming majority” of EU member states are against cutting aid or cooperation with the Palestinian Authority. Follow the latest: https://trib.al/Zw7FnPF

Here's how Hamas was able to pierce Israel's sophisticated defenses to ignite a deadly war, according to intelligence experts. https://trib.al/Bzy73MD

Singapore placed military and financial sanctions on Russia. Oil traders are still finding ways to keep the crude flowing from Putin's regime. https://trib.al/1YrAGtF

Afghanistan's cricket team, who fled after the Taliban took over the country, is attempting to regain its footing during the World Cup. https://trib.al/oTiownW

This supercar looks like a Batmobile, is named after a mythical Persian bird and visitors can't open its doors. But the most unusual thing? It's made in Afghanistan. https://trib.al/oOstl3O

Emergency Cabinet Talks: Israeli Prime Minister Benjamin Netanyahu is meeting opposition leader and ex-Defense Minister Benny Gantz to discuss formation of an emergency national government as the conflict with Hamas escalates. https://bloom.bg/46oi3pL

US Suspends Niger Aid After Coup: The US formally designated Niger’s military uprising a coup, a move that will halt counter-terrorism cooperation and $500 million in aid, while maintaining its largest military presence in Africa outside of Djibouti. https://bloom.bg/3rMXvrO

Egypt Scoops Up Russian Wheat: The country booked eight cargoes of wheat from a Russian state-backed trader in a direct deal this week. https://bloom.bg/46LUEOS

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Thriving secondary market: An ex-Nomura trader's decision to buy a ticket for the hotly anticipated India vs Pakistan match at the Cricket World Cup is turning out to be his best bet ever. https://tinyurl.com/26eewb6s

New Startup: Several key former employees from Arm’s Chinese venture have started a chip design house with local government backing, adding to uncertainty in the British firm’s biggest market. https://tinyurl.com/amm5sab7

Fake Parts: Airlines are frantically hunting down fake parts in their fleets after a little-known distributor in London sold thousands of engine components with bogus documentation. Read The Big Take. https://tinyurl.com/mr3upcva

Adani Ports is four times the size of JSW Infrastructure in capacity and over six times in revenue. Just Mundra Port, the jewel among Adani's 14 port and terminal assets, is larger than the combined capacity of JSW’s nine assets.

Billionaire Jindal is becoming an Adani Ports challenger. But, it's a long, uphill climb in a capital intensive industry that has a long gestation period and regularly sees businesses fail. Menaka Doshi writes about the billionaire battle brewing in India's ports sector in this week's India Edition. https://trib.al/wT9VTE6

Looking for insightful commentary and in-depth analyses on India? Sign up here [ https://bloom.bg/3qEX2rh ] for our weekly newsletter to stay updated with the latest reportage on billionaires and businesses behind its rise.

Unconfirmed Israeli strikes on Damascus: Israel carried out air strikes on the main airports in Damascus and Aleppo on Thursday afternoon, putting them out of service, Syria’s state-run news agency SANA said. Israel has not confirmed the report. https://bloom.bg/3tptY7T

South Africa to hand over rail, ports to business: Presidency plans to relinquish most of the responsibility for fixing state-run ports and freight-rail to the private sector. Since 2010 it has cost the economy at least $26.7 billion. https://bloom.bg/3tnF5OG

Italy’s Meloni to delay Africa summit: Italian Prime Minister Giorgia Meloni is set to delay until early next year a summit with African leaders, aimed at strengthening cooperation on issues including energy and migration, because of the conflict between Israel and Hamas. https://bloom.bg/46svXad

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday