Pan Africa

Home Pan Africa
Pan Africa
The much-anticipated move would serve a number of purposes, including China’s long-held ambition to more directly influence the price of the imported commodities on which its economy relies. It would also help burnish the yuan’s appeal as an international currency to rival the dollar in financial markets.

China Set to Revamp Commodities Markets

(3 Minutes Read)   The much-anticipated move would serve a number of purposes, including China’s long-held ambition to more directly influence the price of the...
China to Set Up International Media Center in Hong Kong

China to Set Up International Mediation Center in Hong Kong

(3 Minutes Read) Representatives of 32 countries signed the Convention, making these countries the founding members of the IOMed. High-level representatives of more than 50...
Across the African continent, smartphone shipments have increased for the eighth consecutive quarter, with Canalys (now part of Omdia) reporting a 6% rise year on year, reaching 19.4 million units in Q1 2025.

Smartphone Demand in Africa Looking Up

(3 Minutes Read) Across the African continent, smartphone shipments have increased for the eighth consecutive quarter, with Canalys (now part of Omdia) reporting a 6%...

Mauritanian Sidi Ould Tah New Head of AfDB

(3 Minutes Read) Sidi Ould Tah brings over 35 years of experience in African and international finance. He served as president of the Arab Bank...
The 2025 African Economic Outlook (AEO), launched at the Bank’s Annual Meetings in Abidjan, projects GDP growth will rise from 3.3% in 2024 to 4% by 2026, despite ongoing global uncertainty.

Africa’s Economic Resilience Draws Global Attention Amid Promising Growth Outlook

(3 Minutes Read) Africa’s economic potential is gaining renewed global interest as the African Development Bank (AfDB) forecasts the continent could unlock USD 1.43 trillion...
Musk’s Short but Turbulent Innings in Trump Administration Come to an Abrupt End

Musk’s Short but Turbulent Innings in Trump Administration Come to an Abrupt End

(3 Minutes Read) Musk wanted to shrink the government operations and propounded the policy of liberal involvement of the private sector, which he believed would...
Among the most notable milestones is the March 2025 debut of Hyatt Place Nairobi Westlands and Hyatt House Nairobi Westlands—Hyatt’s first dual-branded development in Africa.

Hospitality Major Hyatt Spreading Its Wings in Africa

(3 Minutes Read) Hyatt is strengthening its commitment to Africa with plans to grow its hotel room capacity on the continent by 50% by the...
Tesla Car Sales in Europe Plummet: Chinese BYD’s BEV Marks Significant Growth

Tesla Car Sales in Europe Plummet: Chinese BYD’s BEV Marks Significant Growth

(3 Minutes Read)   Tesla has been reeling from protests and boycotts over Musk's involvement in politics.  It also faces other factors, including an ageing...
Harvard University Students Pledge Support to International Students

Harvard University Students Pledge Support to International Students

(3 Minutes Read) Over 400 students from across Africa are currently attending the university. Several hundred people gathered at Harvard University recently to protest against President...
The African Export-Import Bank (Afreximbank) has reported a strong financial performance for the first quarter of 2025, demonstrating resilience and profitability amid global economic headwinds. The pan-African multilateral lender's results met expectations, reinforcing its role as a key driver of economic transformation and sustainable development across Africa and the Caribbean.

Afreximbank Reports Strong Financials for 2025 Q1

(3 Minutes Read) Afreximbank's net interest income rose by 4.53% year-on-year to USD 411.2 million. This growth was underpinned by an expansion in interest-earning assets...

RECENT POSTS