Walcot Group, a well-known Nigerian energy company, has signed a production sharing contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG). The signing took place last …
Africa
- AfricaBusinessEconomyEnergyInternational RelationsOil & Gas
- AfricaBusiness and EconomyInternational RelationsPoliticsTrade and Commerce
Trump Pauses Tariff Hikes for 90 Days—China Excluded
United States President Donald Trump has announced a temporary suspension of increased trade tariffs for all countries except China. The pause, which will last for 90 days, was made public …
- AfricaEconomyFinance & ServicesGOVERNMENTInfrastructureNigeriaTrade and CommerceWestern Africa
Afreximbank Disbursed $50bn to Nigeria in 10 Years – Oramah
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has said that the bank has disbursed about $50 billion into the Nigerian economy over the past ten years. …
- AfricaEconomyPoliticsTrade and CommerceZIMBABWE
Mnangagwa Moves to Suspend Tariffs on US Goods Amid Sanctions and Trade Dispute
Zimbabwean President Emmerson Mnangagwa has announced plans to suspend all tariffs on goods imported from the United States. The announcement comes shortly after former US President Donald Trump imposed 18 …
- AfricaAFRICA NEWSAgricultureBusiness and EconomySecurity
Africa’s Booming Economy Faces Data Crisis, Food Security Drive in Congo, and Violence-Hit Businesses in DRC
Despite its growing population, expanding middle class, and rising entrepreneurial spirit, Africa continues to face a major roadblock to investment and sustainable growth: the lack of reliable data. Bernard Laurendeau, …
- AfricaBusiness and EconomyLesothoTrade and Commerce
Lesotho’s Textile Industry Under Threat as U.S. Slams 50% Tariff
Thousands of jobs in Lesotho’s textile industry may be at risk following the new 50% tariff imposed by the United States under the leadership of President Donald Trump. The small …
- AfricaBusiness and EconomyPolitics
Trump’s Trade War: African Countries Face Heavy Tariffs, South Africa Among Worst Hit
US President Donald Trump’s tough trade policies are now affecting several African countries, with many set to suffer major economic setbacks due to high tariffs. President Trump announced the move …
- AfricaBusinessEconomyEgyptGOVERNMENTNorth Africa
IMF Gives Egypt $1.2 Billion to Support Ongoing Economic Reforms
The International Monetary Fund (IMF) has released $1.2 billion to Egypt as part of the country’s ongoing economic reform plan. This marks the fourth payment under the Extended Fund Facility …
- AfricaAFRICA NEWSAgricultureDevelopmentPoliciesTechnology
Title: Farming with Phones: African Smallholder Farmers Struggle to Embrace Digital Tools Despite Optimism
A new report has raised questions about the real impact of digital technology in farming across Africa. While mobile phones and internet access have spread widely, many smallholder farmers still …
- AfricaBusinessEnergyFinance & Services
Standard Bank almost doubles sustainable finance commitments to R450 billion
Standard Bank Group, Africa’s biggest bank by assets, has raised its sustainable finance targets by 80% to R450 billion in the next three years. This move is part of the …