Forum to spotlight African energy opportunities, U.S.- Africa ties
The U.S.-Africa Energy Forum (USAEF) returns to Houston with a bold agenda focused on catalyzing American investment and innovation across Africa’s most dynamic energy markets.
Global commodity prices to drop to six-year low
Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest…
Thirty years of WTO accessions
By Xiangchen Zhang – Since its establishment on 1 January 1995 to oversee the multilateral trade agreements negotiated by its 128 original members, the World Trade Organization (WTO) has seen an ongoing…
Afreximbank launches revolving intra-African oil trade financing program
To address Africa’s persistent reliance on imported refined petroleum products, African Export-Import Bank (Afreximbank) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Program to finance the purchase of refined petroleum…
AfDB, Inter-American Development Bank ink $3.2 billion deal
The African Development Bank Group (AfDB) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB).
Symbiotic relationship transforming African banking
By Aymen Daoud – Within the last decade, traditional banks have been increasingly forced out of their comfort zone by fintechs.
The Impact of global tension on gold price
By Rania Gule – Gold (XAU/USD) has seen a significant decline at the start of trading today, Monday, dropping to around $3,286 after reaching record highs last week.
Marriott to acquire lifestyle brand – citizenM
Today, Marriott International announced it has reached an agreement to acquire the lifestyle brand citizenM, a unique and innovative offering in the select-service segment.
Sub Saharan Africa growth to slow, says IMF
BY YANET FANTAYE WOGAYEHU – Sub Saharan Africa’s economic growth is set to slow in 2025 and next year mainly due to the surge of global policy uncertainty, says the International Monetary…
Holland Dairy introduces new product in Ethiopia
Holland Dairy, one of Ethiopia’s innovative dairy producers unveils its latest product: Banana-Fruit Yogurt. The new addition to the Holland Dairy family was officially introduced at an exclusive launch event held over…
Africa advised to establish its own credit rating ecosystem
African countries should be active architects of their own credit narratives by establishing an African credit rating ecosystem, said Claver Gatete, Executive Secretary of the UN – Economic Commission for Africa (ECA).…
Countries urged to address rising global public debt
In their joint brief paper, Era Dabla-Norris, Vitor Gaspar, and Marcos Poplawski-Ribeiro stated that major policy shifts underway have heightened global uncertainty and indicated that global public debt is likely to continue…
Huawei supports sustainable education ecosystem in Africa
Huawei Education Summit is convened this week in Addis Ababa, Ethiopia under the framework of the Company’s annual flagship project dubbed, “Ethiopia Digital Week 2025.”
Ethiopia set to host next P4G Summit
Ethiopia is selected to host the 2027 P4G Summit, the global gathering that focuses on climate, food, water, renewable energies and related issues.