Natural disasters: South Africa classified floods and storms that hit three coastal provinces in September and October as national disasters. https://bloom.bg/471r9sx

Pending downgrade: Kenya’s currency weakened by the most in four months after Fitch Ratings said it may downgrade the nation’s credit rating. https://bloom.bg/3MDJWSH

Debt extension: Transnet rolled over $381 million of debt due this week until March, giving the South African state-owned port and rail company relief for four months. https://bloom.bg/3QNSfOd

And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Hello, here's the latest from Bloomberg's New Economy Forum in Singapore 👇

🇨🇳 Xi Jinping's move to rule “for life” has caused problems for both China and its relations with the US, Hillary Clinton said in an interview with Bloomberg News Editor-in-Chief John Micklethwait. https://trib.al/yWbrebL

🇸🇬 Singapore’s Prime Minister Lee Hsien Loong downplayed the likelihood of an imminent conflict over Taiwan, saying China isn’t “trigger happy” about taking over the self-governing island it has long viewed as its territory. https://trib.al/clU9LRV

🌏 Citadel founder Ken Griffin said the world is being pushed towards de-globalization due to the unrest and structural changes. https://trib.al/K9nUf0n

Record drop: Zambia’s kwacha fell to a record low against the US dollar days before new central bank measures take effect. https://bloom.bg/3QRIL4z

New oil plant: The full ramp up of Africa’s largest oil refinery, a landmark moment for crude and fuel markets both regionally and beyond, is still a long way off. https://bloom.bg/3MAFcx3

Return to profit: Safaricom, Kenya’s biggest company by market value, reported a profit increase for the first time in two years. https://bloom.bg/49uMUCP

And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Exclusive: Eyedrops pulled from Walmart, CVS and Target shelves were traced to an Indian factory where workers went barefoot and made up test results. https://tinyurl.com/yc7dd55b

True shock: The world's biggest bank ICBC was forced to clear trades via a USB stick after being hit by a cyberattack. https://trib.al/8N51YlT

Week 5: Toxic air continues to cast a hazy pall over the Cricket World Cup. Here are the winners and losers from the penultimate week of the tournament. https://trib.al/5WjH5wk

India Edition: Saudi Arabia's multibillion-dollar investment offer could be an opportunity to reimagine Indian cricket and IPL. https://tinyurl.com/yz6dpak3

Looking for insightful commentary and in-depth analyses on India? Sign up here for our weekly newsletter to stay updated with the latest reportage on billionaires and businesses behind its rise.

Pre-elections debate: The secretary general of South Africa’s ruling African National Congress blamed apartheid for the country’s manifold problems and warned against coalitions in a debate with opposition leaders. https://bloom.bg/47nQLzO

IMF Questions: Zambia’s official creditors and the IMF have expressed reservations about a deal in principle the government announced last month to restructure $3 billion in eurobonds. https://bloom.bg/3QQvdq8

New airport: Angolan President Joao Lourenco opened a long-delayed international airport outside the capital Luanda, with passenger flights scheduled to begin in early 2024. https://bloom.bg/3ub5HDb

And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Exclusive: Boeing may finally see a sales breakthrough for its 737 Max aircraft in China, ending a long commercial freeze in a critical overseas market for the US planemaker. https://trib.al/TuZGfXd

Safety Measures: Thailand is considering a plan to station Chinese police personnel at some tourist destinations to lift the confidence of travelers from the Asian neighbor, but the move has sparked a controversy. https://trib.al/Go28hiK

Big Take: Can the always-at-odds leaders of the world’s two biggest economies lay the groundwork for a more amicable way forward when they meet in San Francisco? Here's everything Biden and Xi need from their summit — starting with each other. https://trib.al/4Di9bM5

South Africa farm-export rules: South Africa’s government rejected reports that new regulations have been introduced to restrict farm-export quotas based on race. https://bloom.bg/40A1tks

EgyptAir to expand fleet: The North African airline is set to receive 18 Boeing 737 Max 8 aircraft, adding more narrowbody jets to the state-owned airline’s planes, according to people familiar with the matter. https://bloom.bg/46k5rza

Nigeria seeks to lure investments: Africa's top oil producer will boost incentives for foreign investors in an attempt to address a decline in capital coming into the country. https://bloom.bg/46k5Z8c

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. And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Liberia election: Liberians head back to the polls on Tuesday to choose either President George Weah or ex-vice president Joseph Boakai as their next leader. https://bloom.bg/3soz30p

South Africa employment: The sub-Saharan African nation's employment rose above the level it was before the pandemic struck, as finance and community and social service sectors added jobs. https://bloom.bg/3QBrv2f

Nigerian labor strikes: The West African nation's government has warned the country’s labor unions not to go ahead with a strike on Tuesday called in response to a police assault on one of their leaders. https://bloom.bg/47nswlk

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. And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

BREAKING: Israel forces say they are carrying out a “precise and targeted operation” against Hamas at Gaza's main hospital. A health ministry official at the Al-Shifa hospital told Bloomberg that Israeli tanks were at the gates of the complex.

Israeli and US authorities say Hamas and other Iran-backed militant groups are using hospitals, including Al-Shifa, to conceal and support their operations. Hamas has denied that claim. Follow the latest: https://trib.al/4y6MmDT

Nigerian bonds: A reopening of Nigeria’s longest-dated bond was oversubscribed by more than three times at an auction on Monday as investors swooped on the issue’s record yield.  https://bloom.bg/49z3QIu

UK's Rwanda asylum plan: Rishi Sunak’s controversial policy to deport asylum seekers to Rwanda was ruled unlawful by the nation’s highest court. https://bloom.bg/3MLhtdQ

Ethiopian Airlines and Airbus deal: The European planemaker reached a preliminary agreement to sell widebody aircraft to Ethiopia's flagship carrier, giving Airbus a late boost at the Dubai Air Show. https://bloom.bg/46kYEVz

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. And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

FREE TO READ: US President Joe Biden holds a news briefing after meeting with Chinese President Xi Jinping and agreeing to restore high-level military communications. They also agreed to deals to combat fentanyl and having dialogue on AI.

Follow our live blog for the latest updates news and analysis https://bloom.bg/3st9F9N

WATCH: Here's the moment Biden called Xi a dictator in an off-the-cuff remark as he was leaving a press conference, a comment that could spark a reaction from the Chinese government.

Follow our free-to-read live blog for the latest updates https://shorturl.at/kCLMT

Xi-Biden: US and China struck a series of deals in high-stakes talks held to stabilize their turbulent relationship. Here's everything the two countries agreed to on the sidelines of the APEC summit. https://tinyurl.com/4xuuz87e

Top exec dinner: BlackRock’s Larry Fink and Apple's Tim Cook are among US executives who've won coveted seats at President Xi Jinping’s table, as the Chinese leader tries to woo foreign capital at a dinner in San Francisco. https://tinyurl.com/4m3vuann

Food system under strain: India's agriculture lags behind China's. Here's why a hobbled farming sector is a risk for Narendra Modi — and a threat to the world. https://tinyurl.com/5n7x379h

Free to Read: Four media companies, over a billion eyeballs and game theory. Bloomberg's Menaka Doshi writes about new twists in India's Zee-Sony merger deal that could benefit Ambani or Disney. https://tinyurl.com/3pr8n96d

India Edition: Looking for insightful commentary and in-depth analyses on India? Sign up here for our weekly newsletter to stay updated with the latest reportage on billionaires and businesses behind its rise.

Kenya gets more from IMF:  The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African nation’s reserves before a Eurobond repayment due in June.  https://bloom.bg/3R0xLC5

Support for Africa's electricity:  A UK-government backed renewable energy fund plans to mobilize $1.6 billion to help provide 16 million people and businesses in Africa with electricity. https://bloom.bg/49ByH7f

AfDB Ethiopia staff arrested, beaten: The African Development Bank said two staff members were arrested, assaulted and detained for hours by Ethiopian security forces. https://bloom.bg/3ssnmG1

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. And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Angola airport tender: The Southern African nation will open a tender on Friday to operate a newly-built international airport in Luanda for as much as 40 years, a deal expected to bring around $700 million to state coffers. https://bloom.bg/3G8XYIc

Mittal's million dollar Nigerian bailout: Billionaire Lakshmi Mittal’s younger brother is effectively getting a helping hand — and a possible way out of financial distress — from Nigerian taxpayers, after the country’s government agreed to pay his company almost $500 million to settle a contract dispute over a deal that a previous administration said was tarnished by fraud. https://bloom.bg/3R1dKeH

Gas crunch threatens South Africa's economy: Africa’s most-industrialized nation's supply of natural gas is set to plunge within the next three to four years and there’s a risk of a shortfall triggering the country’s next economic crisis, the head of an industry body warned. https://bloom.bg/3R31nP6

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. And watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Alibaba's spin-off plans: Wall Street did not like the reversal in Alibaba's plans, as shares slumped 10% in Hong Kong, wiping out more than $22 billion of market value in their biggest drop in over a year. https://bloom.bg/3SG8GO4

India's "draconian" loan rules: India’s lenders and shadow banks tumbled after its central bank announced stricter rules to stem the relentless rise in risky consumer loans. https://bloom.bg/3sCIpFG

World's best wireless stock: The world’s best-performing wireless carrier, India's Vodafone Idea, lost more than $1 billion in its latest quarter with a million users quitting almost every month. https://bloom.bg/3urf0i9

India is a leading producer of milk, wheat, rice and sugar. But while feeding the world, its farmers are struggling.

Half of India’s farmers lack access to financing sources to buffer against shocks, McKinsey & Company estimates. Many of the millions who still don’t get enough food in India are farmers themselves. Successive governments have struggled to stem suicides among cultivators.

Ahead of national elections next year, the country’s politicians are renewing pledges to fix the farming sector. Read why a hobbled system is a risk for Narendra Modi — and a threat to the world. https://shorturl.at/hnGUV

China has the world's biggest military, biggest navy and largest rocket force. But there are doubts, including from President Xi Jinping, about whether the People’s Liberation Army is combat-ready, including if it were to attack Taiwan.

Nuclear-armed China hasn’t fought a major conflict in decades, and branches of its massive military have struggled with corruption and coordination.

Russia, which assumed a quick and easy invasion of Ukraine, is also providing fresh warning signs for China: Complicated military operations are harder than they look.

Read more: https://tinyurl.com/5yx36ks6

BREAKING: Libertarian outsider Javier Milei wins Argentina’s presidency, pledging radical changes to the $622 billion economy. His brand of shock therapy sets the country on a path of deep uncertainty. https://trib.al/iILiViO

Meanwhile, OpenAI is looking to reinstate Sam Altman as CEO, but talks have reached an impasse over the makeup and role of the board. https://trib.al/YdgpD7E

And Iran-backed Houthi rebels in Yemen reportedly hijacked a cargo ship in the Red Sea. The incident revives fears the Israel-Hamas war could lead to major shipping disruptions in the Middle East. https://trib.al/ojBByUe

EXCLUSIVE: OpenAI’s interim CEO Mira Murati plans to re-hire Sam Altman and Greg Brockman in a capacity that has yet to be finalized, sources say.

At the same time, members of the OpenAI board are seeking to hire their own CEO to succeed Altman, a person with direct knowledge of the search said. The parallel efforts — one to reinstate Altman and other to name his successor — underscore the deep divisions at ChatGPT developer OpenAI. Read the latest: https://trib.al/pL5rMW1