ECONOMY Archives - Page 10 of 23

UN General Assembly Calls on Israel to End Occupation of Palestine: 124 Nations Vote in Favor

Eniola OladeleSeptember 19, 2024

by Eniola OladeleSeptember 19, 20240217

In a landmark decision on September 18, 2024, the UN General Assembly overwhelmingly passed a resolution demanding that Israel end its occupation of Palestinian territories....

Africa ECONOMY

Instagram Makes Teen Accounts Private as Pressure to Protect Minors Grows

Eniola OladeleSeptember 18, 2024September 18, 2024

by Eniola OladeleSeptember 18, 2024September 18, 20240167

Instagram has introduced a significant change to its platform by making teen accounts private by default as part of its ongoing efforts to enhance the...

BUSINESS ECONOMY

Kenyan Shilling Holds Firm Against US Dollar Amid Stable Foreign Reserves

Eniola OladeleSeptember 17, 2024September 17, 2024

by Eniola OladeleSeptember 17, 2024September 17, 20240202

The Kenyan shilling has remained stable against the US dollar, providing much-needed confidence to businesses and consumers amid global currency fluctuations. As of mid-September 2024,...

BUSINESS ECONOMY

African Businesses Embrace Digital Transformation to Drive Post-Pandemic Growth

Eniola OladeleSeptember 17, 2024September 19, 2024

by Eniola OladeleSeptember 17, 2024September 19, 20240196

As the global economy continues to stabilize following the disruptions caused by the COVID-19 pandemic, African businesses are increasingly turning to digital transformation as a...

Africa ECONOMY

The AfCFTA’s Impact on Africa’s Economy: A Pathway to Growth or More Challenges

Eniola OladeleSeptember 16, 2024

by Eniola OladeleSeptember 16, 20240202

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...

BUSINESS ECONOMY

Strike at Argentina’s Flagship Airline Disrupts Travel for 30,000 Passengers

Eniola OladeleSeptember 13, 2024September 14, 2024

by Eniola OladeleSeptember 13, 2024September 14, 20240211

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...

Africa ECONOMY Uncategorized

Global Energy Crisis Worsens as African Oil Producers Play Key Role in OPEC Supply

Eniola OladeleSeptember 13, 2024September 13, 2024

by Eniola OladeleSeptember 13, 2024September 13, 20240229

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...

Africa ECONOMY POLITICS

African Leaders Address Global Security and Economic Challenges at UN General Assembly

Eniola OladeleSeptember 13, 2024September 13, 2024

by Eniola OladeleSeptember 13, 2024September 13, 20240188

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...

Africa ECONOMY

Global Economy Faces Inflationary Pressures and Slow Growth Amid Energy Crisis and Geopolitical Tensions

Eniola OladeleSeptember 13, 2024September 13, 2024

by Eniola OladeleSeptember 13, 2024September 13, 20240180

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...

Africa ECONOMY Health

Europe’s Growing Dependence on China for Critical Drugs Amid Rising Foreign Investments in Africa-China Relations

Eniola OladeleSeptember 12, 2024

by Eniola OladeleSeptember 12, 20240150

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...

Africa ECONOMY

Inflation Challenges and Growth Opportunities in Digital and Green Sectors

Eniola OladeleSeptember 12, 2024September 15, 2024

by Eniola OladeleSeptember 12, 2024September 15, 20240143

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 ECONOMY International News Tourism

Africa’s Travel Sector on the Rise: New Developments Shaping the Continent’s Tourism Industry

Jide AdesinaSeptember 7, 2024

by Jide AdesinaSeptember 7, 20240210

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...

Africa ECONOMY

2024 African Peacebuilding Network (APN) and Next Generation Social Sciences in Africa Fellows.

Jide AdesinaSeptember 6, 2024

by Jide AdesinaSeptember 6, 20240146

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...

Africa ECONOMY International News TECHNOLOGY

UN and Swarovski Foundation Launch Global Initiative for Young Innovators

Jide AdesinaSeptember 6, 2024

by Jide AdesinaSeptember 6, 20240138

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...

Africa Asia ECONOMY

China Elevates Ties with Africa, Unveils 10 Partnership Actions at 2024 FOCAC Summit

Jide AdesinaSeptember 5, 2024

by Jide AdesinaSeptember 5, 20240250

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...

Africa ECONOMY Europe International News

Egypt’s President Sisi Makes Historic Visit to Turkey, Signaling Thaw in Decade-Long Diplomatic Freeze.

Jide AdesinaSeptember 4, 2024

by Jide AdesinaSeptember 4, 20240195

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...

Africa Asia ECONOMY International News

Ruto and Xi Discuss Major Infrastructure Projects to Strengthen Kenya-China Partnership.

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 20240257

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...

Africa Asia ECONOMY

Xi Jinping and Tinubu Pledge to Deepen China-Nigeria Relations, Sign New Cooperation Agreements

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 20240188

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...

Africa BUSINESS ECONOMY

Dangote Refinery Unveils First Petrol Batch, Promises Market Availability Within 48 Hours

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 20240170

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...

Africa Asia ECONOMY International News

Renewed Chinese Investment in Africa: Lending Increases in 2023

Jide AdesinaAugust 29, 2024

by Jide AdesinaAugust 29, 20240149

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...

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