Despite slowing growth and the worst inflation figures in a decade in 2022, African economies remain “resilient,” and double-digit price hikes are expected to ease, an African Development Bank report …
Economy
- AfricaAFRICA NEWSEconomy
Congo President Demands More From $6.2 Billion China Deal
by Editorby EditorDemocratic Republic of Congo President Felix Tshisekedi criticized a $6.2 billion minerals-for-infrastructure contract with China, saying the world’s largest producer of a key battery metal hasn’t benefited from the deal. …
Today we witness particularly hard times for the entire world because no country — poor and rich — has been spared of inflation. The argument by experts is that the …
The lawsuit against mining giant Anglo American was filed on behalf of women and children in Zambia’s central Kabwe District, who are the alleged victims of lead poisoning. The UN …
- AfricaAFRICA NEWSEconomy
Greece Explores Ways to Strengthen Cooperation with Africa
by Editorby EditorGreece is committed to strengthening its cooperation with Africa. With this in mind, an official delegation, led by Greek Foreign Minister Nikos Dendias, visited the headquarters of the African Development …
- AfricaAFRICA NEWSEconomy
Working group meets to discuss AU-AfDB study on driving inclusive growth in Africa
by Editorby EditorThe African Union Commission (AUC) and the African Development Bank Group have concluded a technical session on how to conduct an upcoming joint study on driving development in Africa. The …
- AfricaAFRICA NEWSEconomy
Rounding Off Africa Tour, China’s Top Diplomat Visits Egypt
by Editorby EditorChina’s chief diplomat was in Cairo Sunday for talks with Egyptian and Arab League officials, marking his last stop in a multi-leg trip to Africa that aims to consolidate Beijing’s …
- AfricaAFRICA NEWSEconomy
China FM Urges Greater African Voice In Global Governance
by Editorby EditorChinese Foreign Minister Qin Gang said Wednesday that Africa should have a greater voice in the UN Security Council and other international bodies, long a demand of the continent’s leaders. …
- AfricaAFRICA NEWSEconomy
Ukraine Donates Grain to Nigeria, Plans Grain Hubs In Nigeria, Other African Countries
by Editorby EditorThe Ukrainian government, still engaged in war with Russia, has expressed its readiness to establish grain hubs in Nigeria and other African countries even as it has donated about 25,000 …
When China’s new foreign minister Qin Gang arrived in Ethiopia nine days after taking office, he could bank on a warm reception. With tens of billions in loans, weapons exports …