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 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...
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...
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
(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...
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
(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
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Over 400 students from across Africa are currently attending the university.
Several hundred people gathered at Harvard University recently to protest against President...
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...