Sri Lanka Hikes Electricity Prices Amid IMF Pressure and Economic Recovery Push
WafricNews - June 11, 2025 COLOMBO, SRI LANKA - Struggling to stabilize its economy after an unprecedented financial collapse, Sri Lanka has announced a 15% hike in electricity tariffs, a move...
Netflix Commits Over €1 Billion to Spanish Productions Through 2029
WafricNews – June 11, 2025MADRID – Global streaming leader Netflix has announced a bold new investment plan, pledging more than €1 billion (approximately $1.1 billion) to support film and television p...
Toyota Faces Backlash Over $33B Buyout of Key Supplier
Wafric News – June 10, 2025Global auto giant Toyota is under fire from investors and governance advocates over a controversial $33 billion deal aimed at taking one of its most crucial suppliers, Toyot...
China Holds Its Ground as Rare Earths Become Centerpiece of US Trade Talks
Wafricnews - June 10, 2025As high-stakes trade negotiations resume between China and the United States, Beijing is leveraging its grip on one of the world's most strategic resources—rare earth mineral...
Canada to Meet NATO's 2% Defence Spending Target by 2026
Wafricnews - June 10, 2025In a significant policy shift with wide-reaching global implications, Canadian Prime Minister Mark Carney has announced that the country will meet NATO’s 2% defence spending...
