Category : ECONOMY

China has said it seeks more crude oil exports from Nigeria in spite of the recent changes in oil prices. Economic and Commercial Counsellor of...

IN PHOTOS About 14 million people face hunger in southern Africa because of a drought that has been exacerbated by an El Nino weather pattern,...

BY FRANKLINE SUNDAY For 14 years now, the world has been trying to sign a deal that will balance the scales between rich and poor...

Chinese goods, especially traditional handicrafts, have invaded the Egyptian market. In this regard, Atef Yaacoub, head of Egypt’s Consumer Protection Agency, stressed in March 2013 the need to...

Stating that the Indian Ocean not only separates India and South Africa but also connects them, Foreign Ministers of South Africa Maite Nkoana-Mashabane added that...

Rabat – Morocco and the UAE reiterated on Tuesday their commitment and determination to sustain the momentum of their bilateral relationships and strengthen them to...

When Zambia’s currency dropped to an all-time low last month, earning itself the bottom-ranking slot on Bloomberg’s scale, President Edgar Lungu came up with a...

India’s trade with Africa has increased from $39 billion in 2009-10 to $71.4 billion in 2014-15, with the surge in exports. On the other hand,...

  Farmers in North Wollo, the most drought-sensitive area of the country, say their crops have failed. Arron Reza MeratGlobalPost NORTH WOLLO, Ethiopia — For decades past, poor...

South Africa’s rand on Friday ended a recent rally after stronger-than-expected U.S. inflation data lifted the dollar, while stocks were expected to open higher. By...

The following opinion  piece was written by Calestous Juma, who is professor of the Practice of International Development at Harvard Kennedy School, and Francis Mangeni, who...

China’s role in helping revitalize infrastructure and financial investment acrossAfrica is gaining momentum ahead of the forthcoming Forum on China-Africa Cooperation(FOCAC) summit set to be...

Revenues from Nigeria oil sales decline sharpy: official Lagos (AFP) – Revenues from Nigeria’s oil sales declined by over two-thirds between September last year and...

Liberia needs two years to regain its economic footing after it was battered by the Ebola epidemic, as it moves to boost access to electricity...

Oil prices edged up on Friday, boosted by stronger than expected US economic data, although the longer-term outlook for energy markets remains weak due to...

African countries are expecting the New Development Bank BRICS (NDB) to offer developing countries a more convenient alternative funding source besides the existing international financial...

Zimplats appears to be yielding to demands that it carries out more beneficiation in Zimbabwe. Tawanda Karambo  HARARE – Zimbabwe has adopted a mineral beneficiation...

Economy minister criticizes fellow minister Steinitz for leaving Jerusalem in the dark over massive reserves found off neighbor’s coast Economy Minister Aryeh Deri speaks with...

Somalia’s President Hassan Shaikh Mahmoud visited the United Arab Emirates on Sunday, discussing ways to strengthen bilateral ties, state news agency WAM reported. The Crown...

  Signs of an economic slowdown in China have led to fears of a global recession, including Africa, given the close ties it has built...