The cocoa industry is facing a significant upheaval as a catastrophic harvest in West Africa, the leading cocoa-producing region, triggers a surge in chocolate prices worldwide. West African powerhouses Ghana …
Category:
Economy
- AfricaAFRICA NEWSEconomy
IMF Approves $8 Billion Loan to Egypt Amidst Economic Challenges
by Editorby EditorThe International Monetary Fund (IMF) has extended a lifeline to Egypt in the form of an $8 billion loan under an Extended Fund Facility, aimed at bolstering the country’s economic …
- AfricaAFRICA NEWSEconomy
Morocco’s Automotive Sector Poised for Remarkable Growth, Forecasts Industry Minister
by Editorby EditorMorocco’s Minister of Industry, Ryad Mezzour, anticipates a significant surge in the production capacity of the country’s automotive sector in the coming years. In an exclusive interview with Medias24, Minister …
- AfricaAFRICA NEWSEconomy
Ethiopian official urges stronger cooperation with China
by Editorby EditorA senior Ethiopian government official has called for further augmenting Ethiopia-China cooperation through common platforms and initiatives. Ethiopia and China have enjoyed a longstanding relationship that spans over five decades, …
- AfricaAFRICA NEWSEconomy
Nigerien leader meets Chinese ambassador on bilateral cooperation
by Editorby EditorAbdourahamane Tchiani, the leader of Niger, held talks on Friday with Chinese Ambassador to Niger Jiang Feng on relations and cooperation between the two countries. The Chinese diplomat said that …
Officials of the African Union Commission (AUC) have lauded Africa-China cooperation in the health sector, whereby China has proven to be a strategic partner in dealing with infectious diseases, including …
- AfricaAFRICA NEWSEconomy
East Africa chief executives less optimistic about 2024 growth
by Editorby EditorRegional chief executive officers (CEOs) are less optimistic about the growth outlook for 2024, a new report shows. The PwC East Africa CEO survey, which sampled views from 231 executives, …
- AfricaAFRICA NEWSEconomy
African Union takes steps to address Education Challenges in Africa
by Editorby EditorThe achievement of Aspiration 1 of Agenda 2063 for “A prosperous Africa based on inclusive growth and sustainable development” requires that Africa makes significant investments in education to develop human …
- AfricaAFRICA NEWSEconomy
Guinea’s military junta dissolves govt as transition set to end this year
by Editorby EditorGuinea’s ruling National Council of the Rally for Development (CRND) has dissolved the interim government in the West African nation. A decree was read on state television on Monday by …
- AfricaAFRICA NEWSEconomy
Africa dominates list of the world’s 20 fastest-growing economies in 2024—AfDB report
by Editorby EditorAfrica will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group(AfDB) said in its latest Macroeconomic Performance and Outlook. On the overall scale, …