Naira drops: Nigeria’s currency plunged, heading for its worst four-day losing streak since the naira was devalued in January as domestic dollar liquidity evaporated. https://bloom.bg/3vX9LrX

Green insurance: The World Bank is advising South Africa’s National Treasury on a climate risk strategy after floods in recent years caused billions of dollars of damage. https://bloom.bg/4aR7IF4

Chocolate crisis: Cocoa resumed gains in New York, with prices the most volatile in almost five decades amid uncertainty over a historic supply crunch. https://bloom.bg/4d5ATpr

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Big deal: BHP proposes a takeover of Anglo American that values the smaller miner at $38.9 billion, a deal that would create the world’s top copper producer and spark the industry’s biggest shakeup in over a decade. https://bloom.bg/4b5lvYN

Tech matters: Lawyers hired by the Democratic Republic of Congo have questioned Apple about the use of conflict minerals in their supply chain sourced from the country. https://bloom.bg/3JzOYh6

First fall: Zimbabwe’s gold-backed currency the ZiG weakens for the first time since its debut earlier this month. https://bloom.bg/49NmHOZ

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BREAKING: King Charles III will return to public-facing duties next week for the first time since revealing his cancer diagnosis in February. Read more here: https://trib.al/gp7etMx

📷: Chris Jackson/Getty Images

Zambia mines: Vedanta Resources has approached trading houses as it seeks to raise capital to revive the Konkola copper mining and smelting complex in Zambia. https://bloom.bg/4dl4cEC

Family dynasty: Togo President Faure Gnassingbé is set to secure power for life if his party retains a majority in elections this week, cementing a West African dynasty as the region tilts away from democracy. https://bloom.bg/3wbzEUY

El Niño floods: More than 100 people have been killed in mudslides and floods in Kenya as heavy rainfall caused by El Niño weather conditions hit the East African nation. https://bloom.bg/3JCdAFU

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HSBC CEO Noel Quinn is unexpectedly stepping down, and the lender has started a search for a successor. More here: https://bloom.bg/3Qpny1l

📷: Lam Yik/Bloomberg

ZiG hits streets: Zimbabwe starts circulating ZiG notes among the public, a day after the central bank kept interest rates unchanged at its first meeting since unveiling the gold-backed currency. https://bloom.bg/3xYZWu8

Not out yet: Investors shouldn’t discount South Africa over continental peers as it has strong institutions that can buttress its economy if it focuses on accelerating growth, said Razia Khan, the head of Africa research at Standard Chartered Bank. https://bloom.bg/3Qovno7

KitKat program: Nestle is expanding a program that boosts the income of poor farmers in Ivory Coast supplying cocoa for KitKat bars, but which still leaves pay well short of growers’ needs. https://bloom.bg/49Tdgxm

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ZiG inflation fight: Zimbabwe’s new gold-backed ZiG currency will banish sky-high inflation that’s hamstrung the economy and made the country a poster child for runaway price pressures, the central bank says. https://bloom.bg/4a0R2tu

Starlink persists: Elon Musk’s Starlink service is still operating in multiple unauthorized regions, defying warnings issued by the company last month that its satellite internet will be shut down by May 1 in areas where it doesn’t have a license to operate. https://bloom.bg/44FSnVD

BHP CEO in South Africa: BHP sends a senior team to South Africa, as the company ramps up efforts to win over government officials that could determine the outcome of its bid for rival Anglo American. https://bloom.bg/3Wi30vw

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Drought to deluge: East Africa is bracing for more deadly floods, as torrential rain after years of biting drought deliver a brutal reminder of the threat posed by extreme weather brought about by climate change. https://bloom.bg/3QtG5ti

Mining antitrust: BHP’s bid for Anglo American stands to reshape the global mining industry if it succeeds, and antitrust authorities from China to South Africa are likely to play as important a role as shareholders in deciding the final outcome. https://bloom.bg/3QvcRu3

Lights on: South Africa is enjoying a rare streak of uninterrupted electricity right before elections, drawing more suspicion than praise in a nation accustomed to daily power cuts. https://bloom.bg/4dm1eQ1

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When Steve Jobs unveiled the iPad in 2010, he said it would usher in a post-PC era. But despite years of tweaking the device, Apple still hasn't managed to convince consumers to ditch laptops, or phones, as their primary computer.

Could a new iPad reveal finally make Jobs' vision a reality? Read more in Mark Gurman's free Power On newsletter: https://trib.al/9eMV01h

📷: Brendon Thorne/Bloomberg

Elections: Chadians began voting Monday in an election that military leader Mahamat Déby is widely expected to win, an outcome that would help legitimize his power grab after his father’s death three years ago. https://bloom.bg/3JKUzkW

Currency slumps: Zimbabwe’s gold-backed ZiG has weakened to its lowest level against the US dollar since it was launched a month ago. https://bloom.bg/3y1F710

Political succession: Mozambique’s ruling party chooses Daniel Chapo as its new leader, making the little-known provincial governor the clear frontrunner to succeed President Filipe Nyusi after Oct. 9 elections. https://bloom.bg/3UNwrVa

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Many Russians reacted with anger and shock to Vladimir Putin’s invasion of Ukraine in 2022. Now, as he begins another six-year term as president, he faces little domestic pressure to end the fighting, as nationalist appeals rally support and harsh crackdowns stifle protests. Here's how the Kremlin is using the conflict to reshape Russia: https://bloom.bg/4b7Mvqf

📷: Getty Images

Port control: Billionaire Enrique Razon's firm won a huge contract to run and expand Durban's container port. Now shipping giant Maersk is challenging that decision. https://bloom.bg/3WuiIne

Young voters: South Africa’s youth, a key voting constituency in this month’s elections, are less optimistic about the future of their country than their peers in 15 other African nations, a survey shows. https://bloom.bg/3QBsHDE

Crypto bans: Nigeria vows to ban person-to-person cryptocurrency trading in the naira, taking its latest step to regulate the industry which the West African nation blames for harming the battered local currency. https://bloom.bg/3JREutK

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Donald Trump’s intimate moments with adult film star Stormy Daniels spilled out into open court in a highly-anticipated moment of his hush-money trial.

The adult film star's vivid and often graphic testimony included fresh details on a story that has been pored over for years. More here: https://bloom.bg/4b6rcFv

📷: Elizabeth Williams/AP Photo

LGBTQ rights:  Ghana's Supreme Court is hearing a case that has the potential to test the World Bank's commitment to support LGBTQ rights and threaten the country's $20 billion debt restructuring. https://bloom.bg/3UAn8X0

Crime risk: Increasing insecurity and corruption are key concerns in the runup to South Africa's May 29 elections that are expected to force the ANC into a power-sharing arrangement. https://bloom.bg/3WxKrDz

Kwacha falls: Zambia’s currency slumps to a record low against the dollar, with the economy struggling to cope with the worst drought in more than four decades and debt restructuring that’s dragged on for years. https://bloom.bg/4dx47gR

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Perched at the top of Sydney's tallest tower, this opulent six-bedroom apartment overlooks the city's Opera House and Harbour Bridge - but nobody wants to buy it. Not even cutting the asking price by 10%, to $59 million, has sparked interest in the chrome-heavy duplex, which has been on the market since at least 2021.

That's because the property's target market of wealthy Chinese buyers has all but disappeared - and the shift in their spending habits has had consequences for luxury developments around the world. Here's why Australia has been hit the hardest: https://bloom.bg/3JR4ipV

📷: Brent Lewin/Bloomberg

🚨 Can India sustain its momentum?

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🚨LIVE NOW: Can India sustain its momentum?

Register and watch for free our special online event where Menaka Doshi — author of our weekly India Edition newsletter — talks to Goldman Sachs' Hiren Dasani, Nomura's Sonal Varma and Carnegie India's Suyash Rai on how the vote will affect the investment case for India https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=A548600E-E124-45D2-A257-B540C8C43A79

Inflation hits: The price of rice — the main ingredient in Nigeria’s favorite jollof dish — more than doubled in March, placing more pressure on household incomes. https://bloom.bg/3wkWNo7

Fake news law: Senegalese President Bassirou Diomaye Faye took office in March after nearly a year in prison for allegedly spreading misinformation. A fake news law from 1965 helped him secure his seat. https://bloom.bg/4akMHkJ

ZiG hype: Zimbabwe hypes its new currency, as it tries to convince foreign investors that it won't repeat economic mistakes. https://bloom.bg/3QH9fW1

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Apple has closed in on an agreement with OpenAI to use the startup’s technology on the iPhone, part of a broader push to bring artificial intelligence features to its devices. More here: https://bloom.bg/3wI73GS

📷: Olivier Morin/AFP/Getty Images