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Business  ·  Finance
US dollar hits highest exchange rate on Egypt’s black markets

Egypt’s black market exchange rate for the US dollar reached a record high of 53 Egyptian pounds...

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December 28, 2023

Finance
Ethiopia becomes third African state to default on sovereign debt

Ethiopia became Africa’s third default in as many years on Tuesday after it failed to make a $33...

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December 27, 2023

Business  ·  Finance
Rwandan investor wins back $2.6m company from Kenyan trader

A Rwandan investor has won a spirited legal battle in Kenya over the ownership of a Ksh400 million...

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December 27, 2023

Business
Oil jumps over 2% on Middle East strife and U.S. rate cut hopes

Oil jumped over 2% on Tuesday to the highest in almost a month, supported by Middle East strife and...

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December 26, 2023

Finance
China and Russia have almost completely abandoned the US dollar in bilateral trade as the push to de-dollarize intensifies

China and Russia have almost completely phased out their use of the US dollar in bilateral trade,...

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December 26, 2023

Business  ·  Finance
British exporters call on government to ease post-Brexit trade frictions with EU

Almost two-thirds of British exporters have said selling to the EU has become harder in the past...

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December 22, 2023

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