China is willing to be “a partner and a friend” of the United States, Chinese leader Xi Jinping told American business leaders in San Francisco on Wednesday, as he sought to court US businesses amid a decline in foreign investment […]
In a budget statement on Wednesday, Ghana’s finance minister stated that the country’s economy was recovering, citing stronger economic growth than the previous year and a smaller budget deficit than anticipated thus far this year. With the cedi currency falling […]
Nigeria’s headline inflation rate rose to 27.33 per cent in October from 26.72 per cent in September, according to a report released by the National Bureau of Statistics (NBS) on Wednesday. The bureau said the October 2023 headline inflation rate […]
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, today chaired a meeting of the council, during which he approved several transformative initiatives to stimulate the industrial sector in Dubai, […]
Stalder, who served as Switzerland’s Ambassador to Ghana, Togo, and Benin between 2019 and 2022, highlighted Switzerland’s long-standing commitment to peace policy, development cooperation, and humanitarian aid in Africa. He also noted that Switzerland’s first Sub-Sahara Africa strategy, launched in […]
About 870 jobs are expected to be lost once Base Titanium, a mine located in the Kenyan town of Kwale, leaves the country next year. Additionally, the State will lose out on billions of shillings in annual taxes and royalties. […]
Manufacturers in China should consider moving their factories to Nigeria to create jobs and boost the economy of Africa’s most populous nation, Nike Akande, a former minister of industry, said on Tuesday. Akande, who is also a former president of […]
In the wake of myriad challenges, from supply chain disruption to climate shocks, geopolitical tensions and economic competition, a new industrial model is emerging that is reshaping trade – and revolutionising the international export finance system. Across the globe, nations […]
China is owed over $1 trillion (€935 billion) through its Belt and Road Initiative (BRI), making it the world’s biggest debt collector, a report has said. The report, published on Monday by researchers at AidData, showed the world’s biggest bilateral […]
The outflows (are) mostly due to regional funds’ rebalancing out of China, in which European-domiciled funds led,” Morgan Stanley analysts led by Gilbert Wong said. According to Morgan Stanley, persistent outflows have resulted in foreign long-only managers being their most […]
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