Cape Verde strengthens exports with canned goods to Spain
Cape Verde saw a 16% increase in goods exports and a reduction in imports year-on-year in the third quarter, with a notable rise in canned […]
Trade
African leaders congratulate Trump on election victory amid looming uncertainty
Congratulatory messages from leaders all across Africa to Donald Trump on his decisive election victory have been pouring in, with some hailing the return of […]
China announces 25.6 M€ donation to Cape Verde
On September 4, Prime Minister Ulisses Correia e Silva announced that China will donate €25.6 million to Cape Verde. The announcement followed a meeting in […]
Seychelles-Botswana and South Sudan-Kenya boost bilateral ties, paving way for regional integration
Seychelles and Botswana, as well as South Sudan and Kenya, have announced plans to strengthen their respective bilateral ties based on shared values and development […]
Africa’s trade deficit with China widens in 2023, with falling commodity prices key factor
Africa’s trade deficit with China has widened to $64 billion as the Asian economic powerhouse recorded a drop in trade with top partners on the […]
Ghana: New Patriotic Party qualifies former Minister for Trade and Industry’s resignation of disappointing and premeditated
Former Minister for Trade and Industry, Alan Kyerematen in a shocking turn of events resigned from the New Patriotic Party (NPP) on September 25. His […]
Kenya to strengthen trade relations with Russia
Kenya will strengthen its trade relations with Russia, the Nairobi authorities announced on Monday during a surprise visit by Russian Foreign Minister Sergei Lavrov. The […]
China wants to continue financing Angola and highlights 25% increase in trade
The Chinese ambassador to Angola said on Monday that China was available to continue financing infrastructure and investing in the African country, also noting the […]
Nigeria, Saudi Arabia Sign MoUs to Boost Trade, Investment
Nigeria and Saudi Arabia have signed two memoranda of understanding aimed at boosting trade and investment as well as enhancing cooperation in the field of […]
Suez Canal announces record profit of $7 billion
The Suez Canal on Monday announced a record profit of $7 billion (about 6.7 billion euros) in the 2021-2022 fiscal year, after repeatedly raising transit […]