Finance

Over the past two decades, African countries have increasingly turned to international capital markets to meet their development financing needs. For example, Kenya and Benin raised a combined US$2.5 billion through bond issuances during the first half of 2025. Proceeds were used to repay […]

On Sunday, a key congressional committee in the United States approved President Donald Trump’s new tax cut bill, which could pass in the House of Representatives later this week. The bill extends Trump’s 2017 tax cuts and may add up […]

Mahindra Group chairman Anand Mahindra recently took to social media to acknowledge India’s achievement of becoming world’s 4th largest economy in the world. Recently, India surpassed Japan to become the world’s fourth-largest economy, a significant milestone that has drawn widespread celebration and […]

The action is part of Guinea’s sweeping sector-wide reform aimed at curbing regulatory violations, boosting revenue collection, and ensuring that mining activities contribute more directly to national development goals. The government sources say the number of affected permits  could be […]

Gulf sovereign wealth and private capital are moving swiftly to plug a growing gap in Africa’s development scene, as Beijing eases back from its once-dominant role as the continent’s chief financier. from 2012 to 2022, Gulf Cooperation Council nations splashed […]

The United States and China have announced that they have reached a deal to reduce reciprocal tariffs temporarily, as the world’s two largest economies work to resolve a trade war that has unsettled the global economic outlook and rattled financial […]

Analysts at JPMorgan estimated that the price of gold could reach $6,000 per ounce by 2029, up from about $3,300 now, if just 0.5% of U.S. assets held by foreign investors is reallocated to the precious metal. Gold has been on […]

The high-level meeting on economic and trade affairs between China and the U.S. in Geneva was candid, in-depth and constructive, Chinese Vice Premier He Lifeng said on Sunday. Substantive progress has been made and important consensus has been reached between […]

California’s economy has surpassed Japan’s, making the Golden state the fourth largest economy in the world, Governor Gavin Newsom announced on Thursday. The state’s nominal GDP reached $4.1tn, according to data from the International Monetary Fund and the US Bureau of Economic Analysis, […]

Korean shipping companies and shipbuilders are emerging as potential beneficiaries of the U.S. Trade Representative’s (USTR) recent decision to impose new port fees on ships built or operated by Chinese firms. Citing the low share of Chinese-built vessels in HMM’s fleet, […]