Saudi Arabia’s June oil exports drop to lowest level in 21 months
Saudi Arabia’s June crude oil exports reach lowest level in 21 months
Egypt to begin sugar trading on commodities exchange
Egypt to commence sugar trading on commodities exchange
Google plans to provide digital skills training to 20,000 Nigerians
Google to train 20,000 Nigerians in digital skills
Nigeria’s inflation hits 24.08% as food prices rise
The food inflation rate increased to 26.98 per cent in July from 25.25 per cent in June.
Kenya changes stance and reintroduces a fuel subsidy
The government on Monday reinstated fuel subsidies in a major U-turn
Swiss bank UBS agrees to pay $1.4B to settle mortgage fraud case
Settlement brings total amount of civil penalties to over $36B, says Justice Department
Oil prices up with China’s policy rate cut and weak dollar
China’s central bank unexpectedly cut key policy rates in bid to fuel economic recovery
Gabon allocates $163 million for ocean protection in debt-for-nature swap
Gabon to devote $163 mn to ocean protection in debt-nature swap
China reduces interest rates for medium-term lending facility, reverse repos
China cuts interest rates of medium-term lending facility, reverse repos
Libya opens doors for local companies to invest in oil sector
Libya gives domestic companies opportunity to invest in oil sector
For Sudanese innovation is crucial to survive through conflict
Sudanese start inventive businesses to survive conflict
Guinea inks new agreements for rail and port facilities at iron mining site
Guinea signs new rail, port deals for iron mining site
DR Congo announces major interest rate hike
The DR Congo’s central bank has announced a sharp increase in its main interest rate
South African manufacturing output rises 5.5% in June
South Africa’s manufacturing output rose 5.5% year on year in June
Biden moves to restrict some US technology investments in China
Biden moves to restrict some US technology investments in China
China’s exports drop in July, more than forecast
China’s exports dropped 14.5% year-on-year in July, more than market expectations
Tesla’s chief financial officer steps down
Electric carmaker’s market value rose from $50 billion to $788 billion during Zach Kirkhorn’s tenure
Africa’s promising economic growth outlook amidst challenges
Africa’s economic landscape is undergoing a remarkable transformation, with a promising growth outlook that signals a shift towards sustained development and prosperity.
Rising hope: Africa’s inspiring journey towards progress and development
Africa, often portrayed in the media through a lens of despair and struggle, is increasingly proving that it is far from a continent devoid of hope.
West African central bank cancels Niger $51m bond issuance
West African central bank cancels Niger $51m bond issuance due to sanctions
African local economies show growth amidst challenges
Across the diverse continent of Africa, local economies are witnessing a notable resurgence, demonstrating resilience and growth in the face of various challenges.
China signs cooperation agreements with Mauritania, Burundi
China’s Xi meets Mauritania, Burundi leaders, signs cooperation agreements
S Africa to sign deal with state-owned Telkom for internet access
S Africa to ink deal with state-owned firm for internet access
De Beer’s delivers first diamonds from new S Africa mine
De Beers’ new S Africa mine delivers first diamonds
Kenya’s business opportunities thrive amidst economic growth
As Kenya continues to enjoy robust economic growth and a stable business climate, the nation’s business opportunities are flourishing, attracting both local entrepreneurs and foreign investors seeking to capitalize on the country’s vast potential.
Kenya, China to deepen cooperation on ‘Belt and Road’ initiative
Kenya, China agree to deepen cooperation on ‘Belt and Road’ initiative
Ethiopia, China agree to scale up multifaceted cooperation
Chief of Chinese foreign affairs, Wang Yi, arrives in Addis Ababa, holds talks with Premier Abiy Ahmed.