Oil Prices Dip as Saudi Arabia Signals Potential Lower Price Target
Top exporter Saudi Arabia giving up its crude oil price target in preparation for expanded production weighed on the market. Brent crude futures were down...
Category : ECONOMY
Russia Secures Satellite Deal with West African Military Governments, Expanding Strategic Ties in the Region
Russia has entered into a satellite technology agreement with several West African military-led governments, strengthening its influence in the region and signaling a new era...
Burkina Faso, Mali, and Niger Distance Themselves from ECOWAS, Announce Plans for Joint Passport
In a bold move signaling deepening political rifts, Burkina Faso, Mali, and Niger have announced their decision to distance themselves from the Economic Community of...
Painful Budget Warning Spooks Public Confidence Amid Economic Uncertainty
As governments across the world navigate economic turbulence, a sharp budget warning has triggered concerns, causing a wave of anxiety among the public. Officials have...
UN General Assembly Calls on Israel to End Occupation of Palestine: 124 Nations Vote in Favor
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....
Instagram Makes Teen Accounts Private as Pressure to Protect Minors Grows
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...
Kenyan Shilling Holds Firm Against US Dollar Amid Stable Foreign Reserves
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,...
African Businesses Embrace Digital Transformation to Drive Post-Pandemic Growth
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...
The AfCFTA’s Impact on Africa’s Economy: A Pathway to Growth or More Challenges
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...
Strike at Argentina’s Flagship Airline Disrupts Travel for 30,000 Passengers
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...
Global Energy Crisis Worsens as African Oil Producers Play Key Role in OPEC Supply
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...
African Leaders Address Global Security and Economic Challenges at UN General Assembly
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...
Global Economy Faces Inflationary Pressures and Slow Growth Amid Energy Crisis and Geopolitical Tensions
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...
Europe’s Growing Dependence on China for Critical Drugs Amid Rising Foreign Investments in Africa-China Relations
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...
Inflation Challenges and Growth Opportunities in Digital and Green Sectors
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’s Travel Sector on the Rise: New Developments Shaping the Continent’s Tourism Industry
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...
2024 African Peacebuilding Network (APN) and Next Generation Social Sciences in Africa Fellows.
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...
UN and Swarovski Foundation Launch Global Initiative for Young Innovators
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...
China Elevates Ties with Africa, Unveils 10 Partnership Actions at 2024 FOCAC Summit
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...
Egypt’s President Sisi Makes Historic Visit to Turkey, Signaling Thaw in Decade-Long Diplomatic Freeze.
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...