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Woodside Energy seeks arbitration in dispute with Senegal

Woodside Energy seeks arbitration in dispute with Senegal

Reuters2 days ago

DAKAR, June 2 (Reuters) - Australia's Woodside Energy (WDS.AX), opens new tab has filed a request for international arbitration with the International Centre for Settlement of Investment Disputes (ICSID) given the lack of resolution on certain matters with Senegal, a spokesperson for the company said on Monday.
"Woodside strongly believes we have acted in accordance with applicable regulations, the Sangomar Production Sharing Contract and the Host Government Agreement, and there are no outstanding taxes payable," the company told Reuters via email.

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F1 could finally return to Africa. Here's how
F1 could finally return to Africa. Here's how

The Independent

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  • The Independent

F1 could finally return to Africa. Here's how

Morocco is planning a $1.2 billion project near Tangier, including a Grade 1 circuit, to host Formula 1 and MotoGP races, potentially as early as 2027. The project, designed by ex-McLaren and Lotus team principal Eric Boullier, aims to create a "mini-Abu Dhabi" with a theme park, shopping mall, and marina. The Moroccan project has already secured $800 million in private investment and awaits final approval at the highest government level. South Africa (Kyalami or Cape Town) and Rwanda have also expressed interest in hosting a Formula 1 Grand Prix, with F1 seeking to return to Africa for the first time since 1993. F1 boss Stefano Domenicali and Lewis Hamilton have emphasised the importance of hosting a race in Africa, making the Moroccan project a strategic opportunity for the sport.

From gallabiyas to kaftans, how African style went global
From gallabiyas to kaftans, how African style went global

The Guardian

time3 hours ago

  • The Guardian

From gallabiyas to kaftans, how African style went global

Hello and welcome to The Long Wave. This week, I look at the globalisation of African fashion, and how its popularity is part of a wider cultural takeover. I use the phrase 'African fashion' purely for convenience. In reality, there is no such thing that can be grouped under one name; there are only themes or regional concentrations. North Africa tends to favour a one-piece – a gallabiya, kaftan or head-to-toe swaddle of cloth. Sub-Saharan Africa is less categorisable, with bold prints and waxy or stiff material in west Africa, white linen in east Africa and intricate beadwork in the south. But these, too, are vast generalisations because even within each country the influences differ. The category is more a vibe than a style – that is to say, you know 'African fashion' when you see it. And then there's the distinction between fashion and everyday wear: gallabiyas, tobes, boubous, church outfits. 'Fashion' implies a stylised attempt to channel the genre or interpret it, rather than simply elevate casual clothing. It is a genre that is rising in popularity yet hampered by commercial and stylistic limitations. African and African-inspired fashion houses, based on the continent and abroad, have not only increased in number over the past two decades – African exports amount to more than $15bn a year – they have penetrated the luxury sector. African diaspora designers such as the Haitian-Italian Stella Novarino have become behemoths in the industry, and the Ethiopian model Liya Kebede's brand Lemlem has straddled high end and high street through a recent collaboration with H&M. Several smaller brands have been going strong for years. Zuri, a brand from Kenya that makes a single trademark patterned dress, has a store in Soho, New York. Dye Lab ships internationally and is holding a series of pop-up stores all over the world in 2025. So numerous and dispersed are these labels that a website, Ichyulu, curates almost 40 of them. The movement reached its cultural watershed at the Met Gala last month, for which the theme was Superfine: Tailoring Black Style. Several African designers – including Adebayo Oke-Lawal, the Nigerian head of Orange Culture, and South Africa's Thebe Magugu – were among those who dressed the stars. The rise in popularity is partly driven by a surge in purchasing power among the African middle classes, as well as an increase in younger and more affluent consumers of African origin in the diaspora. The mainstreaming of African fashion has followed the mainstreaming of the continent's music such as Afrobeats. The likes of Wizkid and Burna Boy have pioneered their own fashion collaborations and iconography, merging cultural influences in a patchwork of styles. 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But it's not cheap. The higher-end brands, which are sold on luxury websites such as Net-a-Porter and featured in Vogue, are inaccessible to the average consumer. Even an item from a smaller brand can cost hundreds of dollars. Sign up to The Long Wave Nesrine Malik and Jason Okundaye deliver your weekly dose of Black life and culture from around the world after newsletter promotion There is also the matter of physical presence and logistics. Few of these brands have bricks-and-mortar shops across the continent or in western cities. For those in Africa in particular, online shopping can involve an expensive trial of customs and duties – and you can forget about returns and exchanges. It is a great irony that a fashion movement that subverts western uniform for more authentic styles can sometimes itself end up being exclusive. That exclusivity can be self-fulfilling. As a consumer, I feel the conceptual elements of African styles can at times overlook the everyday. African prints are indeed bold – the opposite of the popular 'quiet luxury' (and thank God for that) – but there is a middle ground that sometimes is missed. While the few pieces I have hunted down at sales and pop-ups are coveted and loved, I wish there was more that could be blended – a motif, a nod to a tradition, an emblem – that takes the style away from the event and elevates the mundane. African style is not just about statement but also colour, texture, practicality and even a bit of mischief. To receive the complete version of The Long Wave in your inbox every Wednesday, please subscribe here.

TUI set to launch direct flights to bargain beach destination where it's sunny all year round
TUI set to launch direct flights to bargain beach destination where it's sunny all year round

Daily Mail​

time3 hours ago

  • Daily Mail​

TUI set to launch direct flights to bargain beach destination where it's sunny all year round

TUI has announced that it is set to relaunch direct flights from East Midlands Airport to a leading African beach destination. The carrier will offer flights to Sharm El Sheikh on Mondays and Thursdays from March 2026. The direct route to Egypt from the East Midlands was last offered in 2023 but will be brought back due to 'strong customer demand'. TUI's UK and Ireland commercial director Chris Logan, said: 'Due to strong customer demand, we are thrilled to once again connect the East Midlands with the stunning Red Sea resort of Sharm El Sheikh. 'With hundreds of amazing hotels to choose from and guaranteed sunshine, Sharm El Sheikh is the perfect destination for a summer holiday. 'We have plenty of amazing all-inclusive deals with flexible flying options, and some of the best splash parks to entertain the kids.' Sharm El Sheikh is one of Egypt's best-loved holiday destinations, famed for its expansive sandy beaches. With 35km of Red Sea shoreline, tourists are sure to find a favourite beach along the coast. The direct route to Egypt from the East Midlands was last offered in 2023 but will be brought back due to 'strong customer demand' It's also one of the world's leading destinations for scuba diving with more than 250 coral reefs to explore. Scuba divers will be in with a chance of spotting parrotfish, tuna, hammerhead sharks and dolphins. Away from the beach, tourists can head on a Sinai desert safari by jeep, quad bike or camel to explore some of the area's unique landscapes. It's also a haven for shopping with the Old Market the ideal place to pick up spices, perfume or clothes. After dark, Sharm El Sheikh has a busy nightlife scene with live music, clubs and cocktail bars. The Egyptian resort is a year-round destination with temperatures averaging 37 degrees in June and remaining at 22 degrees in January. It's considered an affordable destination with the price of a domestic beer just £2.23 while a meal at an inexpensive restaurant costs under £6 according to Numbeo. Due to its coastal location, seafood is particularly tasty in Sharm El Sheikh but the region also has a reputation for grilled meats. Steve Griffiths, the managing director of East Midlands Airport, said: 'We're always pleased to be able to offer our customers a greater choice of destinations, so we're delighted that TUI is resuming flights to Sharm El Sheikh which is growing in popularity. 'Customers can expect an effortless and enjoyable start to their trip in Egypt at East Midlands Airport.' The news comes as TUI also launched new flights from Southampton Airport to Palma in Majorca. The first of the company's flights took off on May 27 with the service set to operate through the summer until September.

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