Egypt’s Economic Struggle Amid Red Sea Turmoil
In early 2024, Egypt's Suez Canal saw its income fall by 40%. Houthi attacks in the Red Sea caused this...
January 19, 2024Section
Latest News
Choose your feed
A Milestone in Architecture for Africa
Lesley Lokko, a Ghanaian-Scottish architect, has achieved a historic feat by winning the 2024 Royal Gold Medal for Architecture.
January 19, 2024
Mozambique Needs to Invest $37B to Tackle Climate and Poverty Risk
The World Bank forecasts that climate change will intensify Mozambique's developmental challenges in the coming years.
January 18, 2024
Transsion’s Dominance in the African Smartphone Market
In the rapidly changing smartphone industry, Transsion, a Shenzhen-based company, has become a major player, particularly in Africa.
January 17, 2024
Modernizing Africa: The Drive for Improved Infrastructure
Africa's economic development potential is closely linked to infrastructure modernization in its changing landscape.
January 17, 2024
Saudi Arabia Embarks on Major Mining Drive
Saudi Arabia is actively diversifying its economy beyond oil, focusing on mining. This shift aligns with the Kingdom's Vision 2030...
January 17, 2024
Growing Israel-Hamas War Triggers Global Strategic Shifts
The United States is intensifying its actions against the Houthi rebels in Yemen, signaling a significant shift
January 17, 2024
Harvesting Diversity: Africa’s Path to Agricultural Resilience
In Africa, a significant shift is underway in the agricultural sector, aiming to combat hunger and build resilience against climate...
January 16, 2024
Rising Inflation in Angola: Oxford Economics’ Forecast
Oxford Economics projects a significant rise in Angola's inflation rate, anticipating it to reach 23% in the current semester.
January 16, 2024
Chile Predicts Higher Copper Prices in 2024-2025
Chile's National Copper Commission (Cochilco) forecasts a rise in copper prices to $3.85 per pound in 2024 and $3.90 in...
January 16, 2024
De Beers Cuts Diamond Prices Amid Sales Slump
De Beers, a leading diamond company from Southern Africa, has reduced prices to rejuvenate sales after a market slowdown.
January 15, 2024
Navigating Africa’s Diverse Economy in 2024
In 2024, Africa is set to grow significantly, forecasting a 4.0 percent increase, up from 3.3 percent in 2023.
January 15, 2024
Angola’s Steady Economic Rise in 2023
In the third quarter of 2023, Angola's economy experienced a 1.4% growth compared to the same period in 2022.
January 15, 2024
Cabo Verde’s Milestone in Malaria Eradication
Cape Verde's achievement of being declared malaria-free by the World Health Organization (WHO) marks a significant milestone.
January 15, 2024
Navigating the Complex Terrain of African Mining
As a key player in the global economy, Africa's mining industry faces various challenges in 2024.
January 12, 2024
Angola’s Sonangol Reboots Oil Exploration in Cuanza Basin
Angola's state-owned oil company, Sonangol, has successfully drilled a second evaluation
January 12, 2024
Angola’s Strategic Economic Leap with WFZO Office
Angola is set to host a regional office of the World Free Zones Organization (WFZO), signifying a major leap in...
January 11, 2024
Israel Genocide Case Opens at International Court of Justice
South Africa has taken a significant step by bringing a case against Israel to the International Court of Justice.
January 11, 2024
Brazil’s Lula Backs South Africa in International Legal Move Against Israel
Brazil's leader, Luiz Inácio Lula da Silva, supports South Africa's action against Israel at The Hague's International Court of Justice.
January 11, 2024
Tragic Toll in Chad: Army-Rebel Skirmishes Claim 17
Today, deadly skirmishes erupted in Northern Chad, involving the Chadian Army and FACT rebels, resulting in the tragic loss of...
January 10, 2024