The Saudi Central Bank, also known as SAMA, and the People’s Bank of China have signed a local currency swap agreement worth SR26 billion ($6.93 billion) as collaboration between the countries continues to strengthen. According to SAMA, the three-year agreement […]
China is ready to be a partner and friend of the United States, and there is plenty of room for bilateral cooperation, President Xi Jinping told American executives in San Francisco on Wednesday, as Beijing looks to reassure global business […]
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 […]
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