Narendra Modi’s ruling party is poised to lose its majority in parliament, a stunning blow to a leader who has dominated Indian politics for a decade https://bloom.bg/4c5sxN3

📷: Niharika Kulkarni/Getty Images

Weapons deal: Sudan’s deputy leader travels to Russia for talks, days after the nation’s army said it may get weapons in exchange for a military fueling station for the Kremlin on the Red Sea coast. https://bloom.bg/3VbBI81

Currency crackdown: A monthlong-drive by Zimbabwean authorities to stifle the unofficial market in the gold-backed ZiG is driving trade in the new currency off the streets and into the bank. https://bloom.bg/3yMMVUO

Financial assistance: Zambia is set to receive an extra $388 million from the IMF as soon as this month to help the southern African nation deal with its worst drought in at least four decades. https://bloom.bg/3Vc49Cu

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.

BREAKING: Indian Prime Minister Narendra Modi claims victory saying on X that Indians voted for his alliance for an unprecedented third time.

Follow our free-to-read live blog for the latest news, insights and analysis: https://bloom.bg/4c5sxN3

📷: Prakash Singh/Bloomberg

🎙 Stunning election results out of India force Prime Minister Narendra Modi to rely on allies to form a government for the first time since he stormed to power a decade ago.

Listen to the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy

BREAKING: Indian Prime Minister Narendra Modi wins crucial backing from two key allies in his coalition, allowing him to form a government. Read more here: https://trib.al/xQNNP1f

Coalition talks: South Africa’s ANC begins talks with rivals to form a government of national unity after last month's elections failed to produce an outright winner.https://bloom.bg/4bMmnll

Identity surveillance: In Uganda, a digital ID system key to banking and voting is also being used to spy on citizens. https://bloom.bg/3KtKNnp

Taken hostage: US lawmakers accuse Nigeria of taking a Binance executive “hostage” and urge President Joe Biden to help secure his release. https://bloom.bg/45buPbe

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At the start of the year, Narendra Modi hailed the opening of a huge new Hindu temple as a once-in-a-millennium turning point in India’s history.

But less than five months later, voters in that northern Indian district soundly rejected Modi’s party in national elections, part of a broader wave of discontent with his decade-long rule in relatively poorer parts of the country. Read how billionaire-friendly Modi was being punished by millions of poor voters: https://bloom.bg/3x762IO

📷: Hollie Adams/Bloomberg

🚨 Here's how Narendra Modi lost his ironclad grip on India .

We saw this important story was resonating with our readers and have made it free. See the full depth of our reporting here: https://bloom.bg/3x762IO

📷: Rajesh Kumar Singh/AP

No to coalition: South Africa’s leftist EFF says it won’t join a government that includes the centrist DA and Freedom Front Plus parties, potentially derailing a proposal for a broad-based alliance to rule the country. https://bloom.bg/3Vw1DbB

Ghana bondholders: The West African nation's Eurobond holders need to accept more losses as the country works to restructure debt to match payments accepted by countries such as the UK and China, social-justice organizations said. https://bloom.bg/4bKoCFE

Port woes: The Port of Cape Town is urged to do better by the city that surrounds it after ranking last globally, even as South Africa's state-run logistics firm takes steps to improve performance. https://bloom.bg/4c70psU

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.

Once touted as the "CBD of the East," a prime Singapore business hub is rapidly losing tenants. Is the city on the cusp of another seismic change?

Read more in this week's free Singapore Edition newsletter: https://bloom.bg/3KvNZPH
📷: Aparna Nori/Bloomberg

Apple’s push into artificial intelligence sets the stage for AR glasses, home robots and other next-generation Apple technology. Read more in Mark Gurman's free Power On newsletter here: https://bloom.bg/3XieWhq

📷: David Paul Morris/Bloomberg

Diamond deals: Botswana is in talks over increasing its shareholding in De Beers, as Anglo American prepares to end its almost century-long relationship with the iconic diamond producer. https://bloom.bg/4e7TLV4

Kenya listing drought: The Nairobi Securities Exchange aims to secure its first stock listing since 2020, helped by a rebound in shares after a two-year slide that wiped more than 50% off the main index and discouraged companies from coming to the market. https://bloom.bg/3VAPXo4

Russia-Ukraine war: The Kremlin has forced thousands of African migrants and foreign students to fight alongside Russian troops in its war against Ukraine, according to assessments from European officials. https://bloom.bg/4ejp3s7

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

Malawi crash: Malawian Vice President Saulos Chilima, who was a potential candidate for the top job in next year’s elections, was killed in a plane crash, the nation’s leader said. https://bloom.bg/3RopVSq

Supreme court petition: Former South African President Jacob Zuma’s party petitions the Constitutional Court to stop parliament from convening, just days before legislators are scheduled to elect the president. https://bloom.bg/4cdD0pR

EV spurned: Volkswagen and Isuzu are skeptical about South Africa’s plans to develop electric and hydrogen-powered vehicle industries. https://bloom.bg/3VhMiKr

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.

BREAKING: Hunter Biden is found guilty on federal gun charges, becoming the first child of a sitting US president to be convicted of crimes. Read more here: https://trib.al/JEjUQjZ
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📷: Anna Moneymaker/Getty Images⁣

Hong Kong's property market has lost $270 billion in value in the last five years, the longest downturn since the early 2000s. Homeowners are now increasingly contemplating what once was unthinkable — selling at a loss.

Read the full story here: https://bloom.bg/3KD78PN

📷: Lam Yik/Bloomberg

🎙 A new breed of scammer is targeting ultra-rich families in Singapore and Hong Kong.

On the Big Take Asia podcast, we track how https://link.podtrac.com/jxfy2rhy

Creditor pact: Ghana reached a deal with creditors formalizing debt treatment plans agreed in January, which will open the way for the disbursement of aid from the International Monetary Fund. https://bloom.bg/4c9nStK

Crypto laws: Zimbabwe asks for public input on cryptoasset operations as it works on regulatory policy for the sector. https://bloom.bg/4cj2gec

Solar boost: Repairs to South Africa’s coal-fired power stations that have helped the state utility avoid debilitating blackouts for three months straight is giving solar installers an unintended break. https://bloom.bg/4bYEFQc

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.

When Apple CEO Tim Cook and his top deputies this week unveiled a landmark arrangement with OpenAI to integrate ChatGPT into the iPhone, iPad and Mac, they were mum on the financial terms.

Apple isn’t paying OpenAI as part of the partnership, sources say. Find out how the partnership is expected to generate meaningful revenue for either party: https://bloom.bg/3KEXdZI

📷: David Paul Morris/Bloomberg

Crypto charges: Binance said Nigerian authorities have dropped some criminal charges against an executive at the world’s biggest crypto exchange who has been imprisoned in the country since April. https://bloom.bg/4bWxQPp

Presidential election: South African political leaders agreed to a broad alliance to form the next government and back the reelection of Cyril Ramaphosa as president after a shock election result left the nation without a majority party. https://bloom.bg/3RrJUQu

AI farming: In its first test in Malawi, AI is helping smallholder farmers treat pigs and kill weevils that are destroying their crops. https://bloom.bg/3VlVYnn

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.

Scammers are targeting ultra-wealthy clans with fake family offices. Read about the measures they're taking to protect themselves in this week's free Singapore Edition newsletter: https://bloom.bg/3VqFR81

📷: Anthony Wallace/AFP/Getty

Singapore closes beaches on the popular resort island and wealthy expat haven of Sentosa following an oil spill caused by one vessel hitting another at a nearby port. More here: https://bloom.bg/3yZ9R3b

📷: David Ramli/Bloomberg