The U.S. government’s borrowing needs will decline slightly in the final three months of 2023 from the prior quarter, a potentially important development during a turbulent time for the global bond market. In a closely watched announcement Monday afternoon, the […]
German Chancellor Olaf Scholz departed Berlin for Nigeria on Sunday, on what is his third trip to Africa since taking office almost two years ago. German President Frank-Walter Steinmeier is set to do likewise on Monday, when he will arrive […]
Hamilton Insurance Group Ltd. is seeking to raise as much as $270 million in an initial public offering that could mark one of the last major tests of investor appetite for new listings this year. The specialty insurer will offer […]
In a move echoing the spirit of Pan-Africanism, Kenya’s President, William Ruto, has announced an end to visa requirements for all African visitors to the country by 2023. This declaration is a significant step towards the African Union’s (AU) long-cherished […]
Saudi Arabia is holding on to its ultimatum that foreign companies will need to base their regional headquarters in the kingdom or be barred from lucrative government contracts. The deadline: Jan. 1, 2024. In a bold surprise move back in […]
During the Future Investment Initiative (FII) conference in Riyadh, Saudi Arabia’s Finance Minister, Mohammed al-Jadaan, disclosed a projected 6% growth in the non-oil sector for 2023. This announcement reflects both economic robustness and Saudi Arabia’s committed effort to reduce reliance […]
In the bustling heart of Europe, economic tremors are emerging. As the continent’s financial axis tilts, the gaze of economists and investors alike turn to a small Baltic nation, Latvia, which has found itself at the epicenter of these shifts. […]
Abu Dhabi’s Crown Prince and Chairman of the Abu Dhabi Executive Council, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, recently held a high-level meeting with Larry Fink, Chairman and CEO of BlackRock, one of the world’s leading asset management companies, […]
Egypt is setting its sights on a substantial increase in foreign direct investment (FDI) as it seeks to boost its economic growth. The government has outlined a plan to attract $35 billion in FDI over the next five years, with […]
The Board of Directors of the African Development Bank Group have approved South Africa’s Country Strategy Paper (CSP) 2023-2028 The Bank’s interventions over the next five years will focus on two priority areas: improving governance and developing the private sector […]
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