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Mauritania's Tah takes over as Africa's 'super banker'
Mauritania's Tah takes over as Africa's 'super banker'
by  AFP

Mauritania's former economy minister Sidi Ould Tah took office Monday as head of the African Development Bank, vowing to build a "robust and prosperous" continent despite US aid cuts. The 60-year-old was Mauritania's economy minister from 2008 to 2015 before heading the little-known Arab Bank for Economic Development in Africa for a decade.

Bosnian truckers block deliveries in protest over EU rules
Bosnian truckers block deliveries in protest over EU rules
by  AFP

Thousands of Bosnian truck drivers halted deliveries across the country on Monday, threatening to block goods until their demands for more flexible travel conditions and greater support within the European Union are met.

Alibaba soars but Europe, Asia stocks mixed
Alibaba soars but Europe, Asia stocks mixed
by  AFP

Chinese ecommerce giant Alibaba soared on Monday but Asian and European markets were mixed after Wall Street retreated from record highs. On Friday US stocks fell, with the Dow and S&P 500 retreating from record highs ahead of the long Labor Day weekend.

Chinese cluster now world's top innovation hotspot: UN
Chinese cluster now world's top innovation hotspot: UN
by  AFP

Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world's top cluster for innovation, the United Nations said Monday. The agency said Shenzhen-Hong Kong-Guangzhou and Tokyo-Yokohama "make a massive contribution to global scientific publications and patenting outputs", together accounting for nearly one in five patent applications filed globally.

Malawi's fuel crisis hangs over upcoming elections
Malawi's fuel crisis hangs over upcoming elections
by  AFP

In early morning gloom, a long line of vehicles winds around the lone fuel station in Dedza district in central Malawi, one of many overnight queues for petrol across the country. The fuel queues are the clearest manifestation of this failure.

Uzbek workers fill gap as Bulgarian population shrinks
Uzbek workers fill gap as Bulgarian population shrinks
by  AFP

Nilfar Nazarova used to work as an accountant in her native Uzbekistan but for the past four summers she has been cleaning hotel rooms in the Bulgarian Black Sea resort of Albena. "The work is hard but the people are kind," Uzbek student Gulraykhan Muxanbetovna said as she bustled around the crowded restaurant of a four-star hotel overlooking the Black Sea.

Alibaba soars but Asia markets dip
Alibaba soars but Asia markets dip
by  AFP

Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. On Friday US stocks fell, with the Dow and S&P 500 retreating from record highs ahead of the long Labor Day weekend.