Fitch Ratings expects no African credit downgrades following Trump’s moves
Trump’s aid freeze and tariffs would not lead to African credit downgrades, Fitch Ratings said in a recent analysis, citing low integration of most African […]
Business
Côte d’Ivoire Threatens to Increase Cocoa Price in Response to US Tariffs
Côte d’Ivoire, the world’s largest cocoa producer, has warned it may take measures to increase cocoa prices if the United States implements recently announced tariffs, […]
As Trump pauses global tariffs amid pressure, Africa is urged to respond as one
President Donald Trump has announced a 90-day pause on the imposition of new global tariffs, temporarily easing tensions in the volatile international trade arena. The […]
Egypt, France Forge €7-Billion-Green Hydrogen Partnership
Egypt and France signed a landmark agreement worth €7 billion (approximately 7.64 billion U.S. dollars) to establish a cutting-edge integrated complex for green hydrogen and […]
Trump tariffs triggers fears of recessions in African economies
Trump tariffs on African economies triggered repercussions particularly on countries reliant on exports to the US. Some of the highest tariffs imposed by Trump administration […]
Zimbabwe’s Mnangagwa Suspends Tariffs on US Imports in Bid to Strengthen Bilateral Ties
Zimbabwe’s President, Emmerson Mnangagwa, has announced a suspension of tariffs on goods imported from the United States in an effort to foster a more positive […]
Foreign ministers of military-ruled Sahel states to visit Moscow
Foreign ministers of Burkina Faso, Mali and Niger announced a visit to Moscow on April 3-4 to seek closer ties as the rift widens with […]
Beijing Strengthens African Partnerships Through FOCAC Initiative
Chinese Foreign Minister Wang Yi met with his Congolese peer Jean-Claude Gakosso in Beijing last week, reinforcing commitments to enhance the quality of China-Africa cooperation […]
Nigerian Ogun State , Morocco Sign MoU to Partner on Education, Power, Infrastructure…
Nigeria’s Ogun State government has signed a Memorandum of Understanding (MoU) with the Moroccan employers’ confederation (CGEM) to collaborate on power generation and distribution, education, […]
Zambia’s Copperbelt Energy Corp. to Invest $500 Million in Power Projects
Zambia’s Copperbelt Energy Corporation (CEC) is set to invest $500 million over the next two years to enhance its solar power generation and expand its […]