Egyptian exports to Africa surges, reaching $6B
Forget oil, Egypt’s new export heroes are marble, cement, and chemicals! Trade with Africa surges 13%, hitting $6 billion in just 10 months.
Egyptian exports to Africa surges, reaching $6B Read More »
economy
Africa will have $20T economic impact by 2050 – report
The Atlantic Council underscores the need for a fresh perspective, asserting that Africa’s burgeoning population, youthful demographics, abundant natural resources, and strategic geographical location position it as a key player in revitalizing the world economy. According to their recent report, focusing on Africa is imperative for global economic resurgence, highlighting its potential to be at the center of transformative growth.
Africa will have $20T economic impact by 2050 – report Read More »
IMF considers mega loan program for Egypt amidst Gaza war fallout
The International Monetary Fund (IMF) is considering a mega loan program to help Gaza recover from the economic fallout of the recent war. The war has caused widespread damage to Gaza’s infrastructure and economy, and the IMF’s loan would help to rebuild and revitalize the Gaza economy.
IMF considers mega loan program for Egypt amidst Gaza war fallout Read More »
Crude prices rise after Federal Reserve chair’s remarks on hikes
Israeli-Palestinian conflict’s intensification continues to drive up oil prices
Crude prices rise after Federal Reserve chair’s remarks on hikes Read More »
DR Congo announces major interest rate hike
DR Congo’s central bank has announced a sharp increase in its main interest rate
DR Congo announces major interest rate hike Read More »
South African manufacturing output rises 5.5% in June
South Africa’s manufacturing output rose 5.5% year on year in June
South African manufacturing output rises 5.5% in June Read More »
China’s exports drop double digits in July
China’s exports dropped 14.5% year-on-year in July, more than market expectations
China’s exports drop double digits in July Read More »