NEXIM Bank unveils online cocoa platform for Africa
Lagos, Jan. 12, 2024: The Nigerian Export-Import Bank has unveiled an online portal tagged ‘cocoaconnectafrica.com,’ to create market linkage among...
Foreign
Global unemployment to increase in 2024, ILO warns
New York, Jan. 11, 2024: Global unemployment is expected to rise in 2024, with glowing inequality and stagnant productivity also...
IMF approves disbursement of $60.7m to Mozambique
Johannesburg, Jan. 9, 2024: The International Monetary Fund’s executive board has completed the third review of Mozambique’s three-year loan programme...
Importers face delays, higher costs on Red Sea woes
Kenyan logistics and shipping companies are facing up to double freight costs, higher premiums and delays following the attacks at...
U.S.-Africa Trade Council transforms to commission
Lagos, Jan. 9, 2024: The U.S.-Africa Trade Council has announced its official transition to the U.S.-Africa Trade Commission, reflecting its...
US kicks Uganda out of AGOA
The United States has officially struck off Uganda and three other African countries as beneficiaries of the African Growth and...
As Kenya’s diaspora inflows rise; state promotes stocks, bonds
Nairobi, Jan 7, 2024: Kenya’s diaspora remittances have continued to grow this year, with projections indicating a new high by...
Africa’s growth to increase in 2024, says UN report
New York, Jan. 5, 2024: Africa’s growth rate is projected to slightly increase from 3.3 per cent in 2023 to...
UN forecasts 2.4 % global growth slowdown in 2024
New York, Jan. 5, 2024: The UN’s World Economic Situation and Prospects (WESP) report for 2024 projects slowdown in global...
Switzerland removes customs duties on certain imports to cut prices
Geneva, Jan. 3, 2024: Switzerland said that it has abolished customs duties on imported industrial goods in order to reduce...
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