Oil falls as China’s economic recovery disappoints, dollar strengthens
London, Jan. 18, 2024: Oil fell above one dollar on Wednesday due to the economic growth in China the world’s...
Foreign
Saudi new recycling plan to contribute $32bn – Report
Riyadh, Jan. 16, 2024: Saudi Arabia unveiled a recycling plan that would contribute 120 billion riyals (32 billion U.S. dollars)...
Nigeria in World Economic Forum
The Vice President, Mr Kashim Shettima, has departed Abuja to represent Nigeria at the 2024 annual meeting of the World...
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...
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...
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