Good News For US Economy Gives Oil A Lift
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...
Category : ECONOMY
BRICS Bank Expected To Boost Investment In Africa
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...
Implats Revs Up Refinery Plans After Zim Unit Declines
Zimplats appears to be yielding to demands that it carries out more beneficiation in Zimbabwe. Tawanda Karambo HARARE – Zimbabwe has adopted a mineral beneficiation...
Deri Slams ‘Intelligence Failure’ In Egypt Gas Find
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...
UAE, Somalia Vow To Enhance Bilateral Ties
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...
Five Ways China’s Economic Crisis Will Affect Africa
Signs of an economic slowdown in China have led to fears of a global recession, including Africa, given the close ties it has built...
Africa’s Squandered Commodity Boom Erodes U.S. Trade Promise
A fresh U.S. trade pact could provide relief to African economies buffeted by the commodities slump but a failure to reform during the boom years...
African With Fake US Dollars Drives Into CIQ Complex
An African national, believed to be involved in a black-money scam, took a wrong turn and ended up driving his vehicle containing hundreds of pieces...
Stop Wasting Your Time, Yoweri Museveni Tells Raila Odinga In Sugar Imports Dispute
By YASIIN MUGERWA & LINET WAFULA Ugandan President Yoweri Museveni on Friday told off Cord leader Raila Odinga for opposing the sugar deal with Kenya saying...
Perspectives from Egypt; Here’s hoping el-Sisi has the right idea because the Egyptian People Deserve To Have A Fighting Chance
Editorial President Abdel Fattah el-Sisi hopes to shift the economic reliance from tourism to world trade with the opening of the new canal Time has...
Ethiopia, Nigeria Say Today’s Children Will Be Richer Than Their Parents, Kenya And Tanzania Not So Sure
In many countries, the young are more optimistic than the old – perhaps because the parents did not end up as successful as they had...
China Pledges To Support Africa’s Economic Development: Envoy
China rejoices at Africa’s promising future and supports the continent in pursuing economic liberation, China’s ambassador to Ghana Sun Baohong has said. “China rejoices at...
WB Approves Guarantees For Ghana’s Energy Transformation
The World Bank’s Board of Directors has approved a record investment of $700 million in guarantees for Ghana’s Sankofa Gas Project a statement from the...
Zimbabwe Says Economic Growth To Fall To 6 Year Low // Zimbabwe Dit Croissance Economique Pour Tomber A 6 An Bas
Zimbabwe’s Finance Minister Patrick Chinamasa has cut the country’s growth forecast by half to 1.5 percent this year, the lowest since the economy broke a...
Botswana Metals Reveals 19 Metre New Zone of Nickel Sulphide // Botswana Métaux Révèle 19 Mètre Nouveau Zone De Nickel Sulfuré
has revealed that the latest drilling at Maibele North has discovered a new zone of up to 19 metres of nickel sulphide mineralisation. The discovery...
Why Guinea Matters to America // Importance De La Guinée Vers L’Amérique
Blessed with abundant natural resources, Guineans should live in the most prosperous country in West Africa. But my country remains stuck in extreme poverty because...
World Bank Provides $2.1 billion (N413 billion) Rehabilitation Package For The North-Eastern States // La Banque mondiale fournit $ 2,1Milliards (N413 milliards) Réhabilitation Package For The North-Eastern States
One of the gains of President Muhammadu Buhari’s recent visit to the US is the announcement of the World Bank plan to provide a $2.1...
Elite African Business Leaders in Israel to Meet with Counterparts in Finance, Technology And Energy Industries
A delegation of influential African business leaders is in Israel with AJC’s Project Interchange (PI) and Africa Institute to learn about the country’s information and...
Yes, We Need To Rethink Economic Liberalisation // Oui, Nous Devons Repenser La Libéralisation Economique
Makerere University Business School through its economic think-tank, [Mubs Economic Forum] recently partnered with Friedrich-Ebert Stiftung, a German political foundation, hosting an economic performance debate...
IMF Lowers Global Growth Forecasts, Cites US Weakness // FMI Abaisse Les Prévisions De Croissance Mondiale, Cite La Faiblesse Américaine
The International Monetary Fund (IMF) on Thursday trimmed its forecast for global economic growth for this year to take into account the impact of recent...