Chinese Steel Plant in Zimbabwe: A Catalyst for Economic Growth and Job Creation
Zimbabwe is aiming to be home to Africa’s largest steel plant, but disputes over the project continue even as it ramps up production. Over the...
Category : ECONOMY
IMF Approves Ksh 78.3 Billion Loan to Kenya to Support Economic Stability and Climate Resilience
The International Monetary Fund (IMF) has approved a significant loan package for Kenya, amounting to approximately Ksh 78.3 billion (USD $551.4 million). This funding comes...
Vaal Dam Water Level Drops to 34.8%, Raising Concerns Over Water Security
The Vaal Dam, one of South Africa’s largest and most crucial water reservoirs, has dropped to 34.8% of its capacity, sparking concerns over water security...
Zimbabwe-China Trade Hits $3 Billion, Boosted by Strategic Partnership and New Agricultural Exports
Zimbabwe-China trade relations have reached a historic milestone, surpassing $3 billion in bilateral trade, marking a nearly 30% increase from the previous year. This boost...
Experts Warn That Regulatory Constraints Are Hindering Ethiopia’s Economic Growth Amidst Reform Efforts
Experts have raised concerns that existing laws and regulations in Ethiopia are obstructing the country’s pursuit of economic growth. Among the regulations cited are those...
EMMA LOUISE POWELL: Prioritizing South Africa’s National Interests A Review of the BRICS Summit
As SA enters the era of coalition politics, the government of national unity (GNU) must unite in developing a strategic, coherent and consistent foreign policy...
Oil Gas Exploration in Somalia Game Changer Energy Minister
Turkish research vessel Oruç Reis last week arrived in Somalia to conduct seismic surveys for oil and natural gas. Speaking at the welcoming ceremony at...
China’s Next-Gen Factory Owners Turn to Digital Solutions to Overcome Economic Challenges
China’s second-generation factory owners are adapting to significant economic challenges by embracing digital solutions to modernize and sustain their family businesses. As traditional manufacturing faces...
South Sudan Farmers Face Crippling Fuel Shortages and Bird Infestations Amid Economic Crisis
JUBA Farmers in South Sudan’s Ruweng Administrative Area (RAA) are facing a double whammy of fuel shortages and destructive bird attacks, threatening their livelihoods and...
Rising Tensions Signal Potential for New Conflict in Africa
In recent months, growing tensions across parts of Africa have sparked concerns about the potential for new conflicts in a region already dealing with significant...
Examining the Moral Implications of Compensating Zimbabwean Farmers Displaced by Land Reforms
The issue of compensating white Zimbabwean farmers who lost land during the country’s controversial land reform program continues to spark debate. While the Zimbabwean government...
Xiaoshan District in Hangzhou Accelerates High-Quality Development Amid Modernization Efforts
Xiaoshan District in Hangzhou of east China’s Zhejiang Province has been constantly fostering industrial development and urbanization by focusing on innovation and cultivating new quality productive forces in recent...
BRICS Creates New Opportunities for Africa
At the ongoing BRICS Summit in Kazan, Russia, the leaders of BRICS member states are focusing on strengthening strategic partnerships and enhancing the grouping’s role in...
Experts Make Progress on Upcoming 11th Edition of Assessing Regional Integration in Africa (ARIA XI)
Addis Ababa, Ethiopia The United Nations Economic Commission for Africa (ECA), in partnership with the African Union Commission (AUC), and the African Development Bank (AfDB)...
Ethiopia Plans Tight Monetary Policy Following Currency Reform
Ethiopia will keep interest rates high for the rest of the year to combat transitory inflation caused by an overhaul of its foreign exchange policy,...
Southern Africa Emerges as Leading Hub for Imports and Exports in African Trade Barometer
Southern Africa has solidified its position as a top hub for imports and exports, according to the latest African Trade Barometer report. The region, which...
NUMSA Livid Over Unpaid Primary Healthcare Benefits for Bus Sector Workers
The National Union of Metalworkers of South Africa (NUMSA) is up in arms over the alleged non-payment of primary healthcare benefits for workers in the...
Ethiopia’s Economic Overview: Focus on Progress in Education and Health Sectors
Ethiopia, one of Africa’s fastest-growing economies, has made significant strides in various sectors over the past decade, with education and health being critical areas of...
Kenya Moves to Regulate Cryptocurrency Amid Concerns Over Money Laundering and Terrorism Financing
Kenya is actively working on cryptocurrency regulation as the government seeks to address the growing use of digital assets in the country. Despite being ranked...
Cairo and Moscow Agree on Wheat Supply Deal Extending to April 2025
Cairo and Moscow have recently formalized a significant agreement regarding the supply of wheat, extending their cooperation until April 2025. This strategic partnership comes at...