In a bold move aimed at stimulating economic growth and improving the financial inclusion of its citizens, the Nigerian government
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Egypt Completes Trial Run of New Suez Canal Channel Extension: A Major Milestone
Cairo, Egypt — Egypt has successfully completed the trial run of its new Suez Canal channel extension, marking a significant
Continue readingS&P Revises South Africa’s Outlook to Positive on Better Reforms, Growth Potential
JOHANNESBURG, South Africa (November 2024) — In a significant move for South Africa’s economy, Standard & Poor’s (S&P) Global Ratings
Continue readingNigeria Signs $1.2 Billion Deal to Revamp Gas Plant for Aluminium Smelter
Introduction In a strategic move to revitalize its industrial sector and boost local production, Nigeria has signed a $1.2 billion
Continue readingTrump Inherits Waning U.S. Strength in Africa Amid Changing Geopolitical Landscape
Introduction As former President Donald Trump returns to the political stage, one of the most pressing issues he will inherit
Continue readingMalawi Central Bank Keeps Policy Rate at 26% Amid Inflationary Pressures
In a move to maintain economic stability, the Reserve Bank of Malawi (RBM) has decided to keep its policy interest
Continue readingAngola LNG Considers Expansion as Gas Supplies Ramp Up
Byline: With rising gas supplies and a growing demand for liquefied natural gas (LNG), Angola’s flagship LNG project explores potential
Continue readingDollar Drops to Two-Week Low as Investors Take Profit on ‘Trump Trades’
The U.S. dollar hit a two-week low as investors moved to take profits on so-called “Trump trades” amid renewed uncertainty
Continue readingGhana Cocoa Farmers Hoard Beans as They Anticipate Price Hike Amid Global Demand Surge
As global demand for cocoa surges and prices continue to rise, cocoa farmers in Ghana are taking a calculated risk:
Continue readingOil Prices Rise Over 2% as OPEC+ Pauses Output Hike Amid U.S. Election Uncertainty
Oil prices saw a notable increase of over 2% today after OPEC+ postponed its planned output hike, adding to market
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