The AfCFTA’s Impact on Africa’s Economy: A Pathway to Growth or More Challenges
The African Continental Free Trade Area (AfCFTA), hailed as the world’s largest free trade area by the number of participating countries, has entered a critical...
Category : ECONOMY
Strike at Argentina’s Flagship Airline Disrupts Travel for 30,000 Passengers
A large-scale strike by workers at Aerolíneas Argentinas, Argentina’s national airline has caused major disruptions leaving 30,000 passengers stranded, The strike organized by airline staff...
Global Energy Crisis Worsens as African Oil Producers Play Key Role in OPEC Supply
Amid a deepening global energy crisis, African oil-producing nations have taken center stage in critical OPEC talks to address global supply shortages and stabilize soaring...
African Leaders Address Global Security and Economic Challenges at UN General Assembly
At the 79th session of the United Nations General Assembly in New York, African leaders took center stage, addressing global security, economic challenges, and climate...
Global Economy Faces Inflationary Pressures and Slow Growth Amid Energy Crisis and Geopolitical Tensions
The global economy continues to struggle with inflation, rising energy costs, and geopolitical uncertainties that are creating a challenging environment for policymakers, businesses, and consumers...
Europe’s Growing Dependence on China for Critical Drugs Amid Rising Foreign Investments in Africa-China Relations
As the global economy becomes more interconnected, Europe’s reliance on China for critical pharmaceutical supplies is drawing attention, raising concerns about supply chain vulnerabilities and...
Inflation Challenges and Growth Opportunities in Digital and Green Sectors
As 2024 unfolds, Africa’s economic landscape is at a critical juncture, with a blend of challenges and emerging opportunities shaping its future. The continent, home...
Africa’s Travel Sector on the Rise: New Developments Shaping the Continent’s Tourism Industry
Africa’s travel and tourism industry is witnessing significant growth, driven by a series of new developments and investments aimed at making the continent a global...
2024 African Peacebuilding Network (APN) and Next Generation Social Sciences in Africa Fellows.
The African Peacebuilding Network (APN) and the Next Generation Social Sciences in Africa (Next Gen) program have unveiled their 2024 cohorts of distinguished fellows. These...
UN and Swarovski Foundation Launch Global Initiative for Young Innovators
The United Nations, in partnership with the Swarovski Foundation, is excited to announce the opening of entries for the Creatives for Our Future programme. Young...
China Elevates Ties with Africa, Unveils 10 Partnership Actions at 2024 FOCAC Summit
BEIJING – China and Africa have strengthened their collaborative efforts toward modernization, as Chinese President Xi Jinping announced an upgrade in China-Africa relations and unveiled...
Egypt’s President Sisi Makes Historic Visit to Turkey, Signaling Thaw in Decade-Long Diplomatic Freeze.
Ankara, Turkey — Egyptian President Abdel Fattah al-Sisi is set to meet with Turkish President Recep Tayyip Erdoğan on September 4, marking the first presidential-level...
Ruto and Xi Discuss Major Infrastructure Projects to Strengthen Kenya-China Partnership.
The expansion of Kenya’s infrastructure dominated discussions between President William Ruto and Chinese President Xi Jinping during their meeting at the Great Hall of the...
Xi Jinping and Tinubu Pledge to Deepen China-Nigeria Relations, Sign New Cooperation Agreements
Chinese President Xi Jinping has reaffirmed his commitment to working closely with Nigerian President Bola Tinubu to strengthen the longstanding diplomatic friendship between China and...
Dangote Refinery Unveils First Petrol Batch, Promises Market Availability Within 48 Hours
The Dangote Oil Refinery, with a capacity of 650,000 barrels per day (bpd), has unveiled its first petrol product to the Nigerian public. The presentation...
Renewed Chinese Investment in Africa: Lending Increases in 2023
In 2023, Chinese lending to Africa saw an increase for the first time in several years, according to research by Boston University’s Global Development Policy...
Namibia to Address Drought Impact by Culling 83 Elephants and Distributing Meat
Namibia has announced plans to cull 723 wild animals, including 83 elephants, to provide meat to communities severely affected by a prolonged drought across southern...
African Farmer Thrives with China’s Juncao Tech Boost
After graduating from university in 2017, Nyambo Obed from Rwanda found a new path in agriculture thanks to Chinese farming technology. Initially unemployed, Obed took...
Agriculture Scores Big with $1.47 Billion Trade Surplus in Q2!
South Africa’s agricultural exports took a slight dip in the second quarter, dropping by 0.1% year-on-year to $3.37 billion. This follows a strong start to...
Venezuelan Gov’t Strikes Natural Gas Deal With Nigerian Corporation
Venezuela’s state oil company PDVSA has signed two agreements with Nigerian firm Veneoranto to advance in the exploration of offshore natural gas reserves. The ceremony...