Conflict in Gaza and Red Sea Attacks Threaten Global Economy
Since October, the conflict between Israel and Hamas has affected the Middle East and North Africa's economies
February 13, 2024Section
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Rising Cocoa Costs and Oil Achievements: Market Insights
Cocoa prices have soared, challenging chocolate lovers as Valentine's Day nears. Record temperatures add stress to agriculture, energy
February 12, 2024
Football’s Global Triumph: African and Asian Cups Shatter Records
The Africa Cup of Nations (AFCON) and the AFC Asian Cup ended recently, reaching unprecedented viewership.
February 12, 2024
Mozambique’s Gas Reserves to Generate $100 Billion
Deloitte forecasts Mozambique's natural gas reserves could yield $100 billion, signaling the nation's key role in the energy shift
February 12, 2024
Turkey-Egypt Defense Deal on Drones
Turkey plans to sell drones to Egypt, a move announced by Turkish Foreign Minister Hakan Fidan. This deal marks a...
February 12, 2024
Lula’s Strategic Egypt Visit Amid Israeli Tensions
President Lula heads to Egypt amidst rising Egypt-Israel tensions over Gaza- his visit marks 100 years of Brazil-Egypt relations.
February 12, 2024
Financial Wellness in Kenya: A Closer Look
A recent study highlights that Kenyans struggle to achieve financial stability as their earnings fail to rise in the face...
February 11, 2024
Senegal’s Election Crisis Deepens
President Macky Sall's unexpected move to postpone the February 25, 2024, elections has plunged Senegal into a deep political crisis.
February 11, 2024
China’s Vital Role in Mozambique’s Development
Over the past decade, China has become Mozambique's top infrastructure partner, achieving significant milestones.
February 11, 2024
Mozambique’s Stable Growth and Debt Outlook
Fitch keeps Mozambique's rating at CCC+, noting debt reduction and sustainable stable growth from LNG projects.
February 11, 2024
Oil Prices Surge for Fifth Consecutive Session
Oil prices climbed for the fifth consecutive day on Friday, driven by increasing tensions in the Middle East that could...
February 10, 2024
Kenya’s Strategic Pivot to Japanese Investment
During a recent visit to Tokyo, Kenyan President William Ruto secured over $2 billion in financial commitments from Japanese investors
February 9, 2024
Brazil’s Petrobras Teams Up with Shell in African Waters
Petrobras, a leading Brazilian oil company, has partnered with Shell to commence oil exploration within São Tomé and Príncipe's Exclusive
February 9, 2024
Cabo Verde’s Consumer Confidence Hits Four-Year High
In December, Cape Verde witnessed a notable rise in consumer confidence, achieving the highest index value of 14 in four...
February 9, 2024
Exxon Mobil to Exit Equatorial Guinea After Nearly 30 Years
Exxon Mobil Corp. is planning to exit Equatorial Guinea, marking the close of an era that lasted nearly three decades
February 9, 2024
Mauritania’s Central Role in EU’s New Migration Strategy
Ursula von der Leyen, President of the European Commission, announced a €210 million fund for Mauritania. She revealed this in...
February 9, 2024
Nigeria’s New Measures to Fortify Naira
Nigeria is implementing strategies to strengthen the naira against the dollar, aiming to attract foreign investment
February 8, 2024
Maputo Elects New Mayor with Anti-Corruption Pledge
Razaque Manhique, the newly elected mayor of Maputo from the Frelimo party, commits to a relentless fight against corruption.
February 8, 2024
Angola’s Privatization Efforts Miss the Mark
Carlos Rosado de Carvalho, an economist, has observed that Angola's Privatization Program (ProPriv) is not hitting its targets.
February 8, 2024
Chinese Bitcoin Miners Turn to Ethiopia After Beijing Ban
Following Beijing's crackdown two years ago, Chinese Bitcoin miners have sought new grounds with affordable energy and favorable regulation
February 8, 2024