US Dollar Edges Up on Positive US Data
On a notable day, the US dollar rose slightly against the Brazilian real due to strong US economic reports
February 22, 2024Section
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Guinea-Bissau Aims for Pre-Rainy Season Elections
President Umaro Sissoco Embaló has vowed to hold legislative elections in Guinea-Bissau before the rainy season starts in June
February 21, 2024
Mozambique’s Revenue Sees 13% Surge in 2023
In 2023, Mozambique witnessed a significant 12.7% growth in state revenue, amounting to 321.921 billion meticais (€4.675 billion)
February 21, 2024
Global Brands Boost East Africa’s Luxury Tourism
Luxury tourism in East Africa surges post-air travel reopening, driven by major investments from Marriott and Radisson Blu.
February 21, 2024
Latin America Rallies Behind Lula Amid Israel Criticism
Lula's comparison of Israel's Gaza actions to the Holocaust sparked controversy but gained Latin American support
February 21, 2024
World’s Largest Mining Project Unfolds in Africa
In West Africa, Rio Tinto's Simandou project launches, aiming to become the world's largest mining venture.
February 21, 2024
Shift in Foreign Investor Profile Due to Rising Corruption in Brazil
Brazil has seen a significant drop in the Transparency International Corruption Perceptions Index, descending ten spots to 104th
February 21, 2024
China’s Growing Appetite for Brazilian Coffee
China has emerged as an important importer of Brazilian coffee, ranking 6th as of January. This development is notable
February 20, 2024
Ghana’s Iron Ore Plan for Growth
Ghana plans to process iron ore locally by 2027 to grow its economy. This move is part of Africa's wider...
February 20, 2024
Surge in African Migrants Marks New Trends in Mexico
The surge in African migrants arriving in Mexico, aiming for the U.S. border, has significantly increased, reflecting broader global
February 20, 2024
Mexico’s Struggle with Electoral Violence
Election times in Mexico cast a shadow of violence, with numerous political candidates tragically assassinated.
February 19, 2024
Angola’s Strategic Move to Limit Debt Costs by 2026
Angola has embarked on a crucial financial strategy, aiming to significantly reduce its public debt expenditure to under 45% by...
February 19, 2024
Africa’s Vaccine Revolution: A Roadmap to 2040
In a significant development, the African Union aims for 60% local vaccine production by 2040, steering towards health independence.
February 19, 2024
Spain’s Furor Sets Sail for Gulf of Guinea Mission
Spain recently dispatched the naval vessel Furor from Cartagena Arsenal, heading for the Gulf of Guinea with a 74-member crew.
February 19, 2024
Honduras Sets Ban on Crypto for Banks
Honduras' CNBS has set a ban on banks dealing with cryptocurrencies. This rule, announced on Friday but effective Monday
February 19, 2024
Brazilian President Accuses Israel of Palestinian Genocide
Luiz Inácio Lula da Silva made a striking accusation against Israel during a press conference in Addis Ababa, Ethiopia.
February 19, 2024
Lula Stresses Importance of BRICS at African Union
In Ethiopia, at the 37th African Union Summit, Brazil's President Luiz Inácio Lula da Silva spoke about the vital role...
February 18, 2024
Rising Rice Prices and Efforts for Self-Sufficiency in Nigeria
In a new development in 2023, Nigeria saw a dramatic rise in rice prices, a staple providing 9% of Africa's...
February 16, 2024
Cholera Vaccine Shortage Hits Southern and Eastern Africa
A severe cholera outbreak has hit southern Africa hard, creating a critical vaccine shortage during the worst episode in years.
February 16, 2024
Lula’s Push for Climate Finance in Africa
Brazilian President Luiz Inácio Lula da Silva visits Addis Ababa, Ethiopia, to boost Brazil-Africa ties, seeking Global South partnerships.
February 16, 2024