In a move that is already shaking international trade, United States President Trump has officially implemented a new set of tariffs targeting dozens of countries. The new levies, which came …
International Trade
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BusinessDiplomacyEconomic PolicyInternational TradePoliticsTariffs
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African PoliticsDiplomacyEconomyInternational RelationsInternational TradePeace and ConflictRegional Security
Ethiopia Names New Somalia Envoy to Mend Ties
Ethiopia has taken a major diplomatic step by officially resuming full diplomatic relations with Somalia after months of serious tension between the two neighbouring countries. On Tuesday, Ethiopia’s newly appointed …
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BusinessCorporate StrategyEconomyInternational TradeINVESTMENTRetail
Shoprite Moves to Exit More African Markets Amid Economic Hurdles
Shoprite Holdings, Africa’s largest supermarket chain, is gradually winding down operations in more African countries as it shifts attention back to its core market in South Africa. According to analysts …
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AFRICA NEWSBusinessFinancial InclusionFintechInternational TradeMobile Money
Chipper Cash, Western Union, Zoona Launch Global Transfer Service in Zambia
Chipper Cash, in partnership with Western Union and Zoona Transactions Zambia Limited, has launched a new international money transfer service that is now live inside the Chipper Cash mobile app. …
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BusinessDiplomacyEconomyGovernment PolicyInternational RelationsInternational TradeSouth Africa
South Africa Plans Response to Looming U.S. Import Tariffs
The South African government has begun putting together a comprehensive response plan to deal with the growing uncertainty caused by the possible collapse of trade talks with the United States. …
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AFRICA NEWSEconomyInternational RelationsInternational TradeLesothoTextile Industry
Lesotho Begs US to Cut Tariff on Exports Further
The Government of Lesotho has said it will continue to negotiate with the United States to reduce the high tariffs placed on its exports, especially in the textile and clothing …
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EnergyFinance & ServicesInternational Trade
ICE Hits Record Earnings as Energy Trading and IPOs Surge
The Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has reported stronger-than-expected earnings for the second quarter of 2025, driven by increased trading activity during a volatile …
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Zambia, one of Africa’s largest copper-producing nations, may soon feel the heat of fresh U.S. trade policies after President Donald Trump announced a 50% tariff on all copper imports starting …
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DiplomacyEconomyEnergyGlobal NewsInternational TradePolitics
EU, US Seal $750bn Energy Deal Amid Russia-Ukraine War
The European Union (EU) has signed a major energy trade agreement with the United States, committing to buy $750 billion worth of hydrocarbons over the next three years. The agreement, …