German Chancellor Olaf Scholz will embark on a three-day, two-nation African tour, marking the second G7 chief this week to go to the continent. Scholz will arrive in Ethiopia on Thursday after which go to Kenya on Friday. The Chancellor’s go to is broadly seen as half a broader EU effort to rebuild its diminished diplomatic and business presence in Africa. (DEUTSCHE WELLE)
Sri Lanka granted the Chinese language ports operator China Retailers Ports Holdings a 50-year unique lease to construct and run a logistics middle at Colombo Port. The deal is a public-private partnership, and the power might be transferred to the Sri Lankan authorities after the lease interval as a part of a Construct-Function-Switch (BOT) mannequin. (SUNDAY TIMES)