ECONOMY Archives - Page 8 of 21

Ethiopia’s Mega Projects: Catalysts for Economic Transformation and Regional Integration

AarondexApril 23, 2025

by AarondexApril 23, 202501177

 Ethiopia is undergoing a significant transformation, driven by ambitious infrastructure and energy projects that aim to bolster its economic standing both regionally and globally....

President Ruto Deepens Kenya-China Ties in Trade, Infrastructure, and Investment During Strategic Visit to Beijing

AarondexApril 22, 2025

by AarondexApril 22, 20250829

President William Ruto has embarked on a high-level state visit to China, aiming to strengthen Kenya’s longstanding diplomatic and economic partnership with the Asian powerhouse....

ECONOMY Africa

South African Retail Trade Sales Experience 3.9% Growth in Recent Data

AarondexApril 17, 2025

by AarondexApril 17, 202501046

South Africa’s retail sector has shown a positive upswing, with retail trade sales rising by 3.9% year-on-year, according to the latest data released by Statistics...

ECONOMY Africa

Central Bank of Egypt Expected to Cut Interest Rates Amid Economic Pressure

AarondexApril 16, 2025

by AarondexApril 16, 20250767

As Egypt grapples with mounting economic challenges, speculation has risen about a potential interest rate cut by the Central Bank of Egypt (CBE). Financial analysts...

ECONOMY Africa

Kenya Introduces New Crypto Bill to Regulate Digital Assets and Enhance Consumer Protection

AarondexApril 10, 2025April 10, 2025

by AarondexApril 10, 2025April 10, 20250708

Kenya has taken a significant step toward regulating the burgeoning cryptocurrency market with the introduction of the Digital Assets and Commodities Bill. This proposed legislation...

ECONOMY Africa

Kenya Finance Bill 2025: Finance Committee Chair Kuria Kimani Hints at Introduction of New Taxes

AarondexApril 9, 2025

by AarondexApril 9, 20250733

In a recent statement, Kuria Kimani, the Chairman of the Finance Committee in Kenya’s Parliament, has signaled that the upcoming Finance Bill 2025 will introduce...

ECONOMY Africa

The Decline of Tunisia’s Most Powerful Trade Union: Challenges, Internal Struggles, and the Future of Workers’ Rights

AarondexApril 7, 2025

by AarondexApril 7, 202501104

Tunisia’s trade union movement has long been a powerful force in the country’s political and social landscape. The Tunisian General Labour Union (UGTT), established in...

ECONOMY

Statement by the Chairperson of the African Union Commission on the Reported Detention of South Sudan’s First Vice President, Dr. Riek Machar

4498226463March 27, 2025

by 4498226463March 27, 20250406

The Chairperson of the African Union Commission, H.E. Mahmoud Ali Youssouf, expresses deep concern over reports regarding the detention of the First Vice President of...

ECONOMY

38th AU Summit Program of Events

4498226463February 12, 2025

by 4498226463February 12, 20250339

38th AU Summit Program of Events Wednesday, February 12, 2025 - 14:15 to Sunday, February 16, 2025 - 14:15 Program of Events (EN)AUAUC38th AU SummitAU...

Commerce AFRIKA HERALD ECONOMY International News The Afrika Market

Lunching Soon: “PAYDSECURE” Payment

Jide AdesinaOctober 7, 2024October 7, 2024

by Jide AdesinaOctober 7, 2024October 7, 202401008

PayDsecure is an innovative digital payment solution that offers a secure and streamlined way to facilitate online money transfers. It integrates a digital card, wallet...

ECONOMY Africa 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, 20240947

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...

ECONOMY Africa

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

Jide AdesinaSeptember 6, 2024

by Jide AdesinaSeptember 6, 20240735

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...

International News Africa ECONOMY TECHNOLOGY

UN and Swarovski Foundation Launch Global Initiative for Young Innovators

Jide AdesinaSeptember 6, 2024

by Jide AdesinaSeptember 6, 20240678

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, 202401062

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...

ECONOMY Africa 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, 20240893

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...

ECONOMY Africa Asia International News

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

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 202401044

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...

ECONOMY Africa Asia

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

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 20240959

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...

BUSINESS Africa ECONOMY

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

Jide AdesinaSeptember 3, 2024

by Jide AdesinaSeptember 3, 20240766

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...

ECONOMY Africa Asia International News

Renewed Chinese Investment in Africa: Lending Increases in 2023

Jide AdesinaAugust 29, 2024

by Jide AdesinaAugust 29, 20240862

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...

Africa ECONOMY Tourism

Namibia to Address Drought Impact by Culling 83 Elephants and Distributing Meat

Jide AdesinaAugust 29, 2024

by Jide AdesinaAugust 29, 20240750

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...

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