economy

economy

Strait of Hormuz Disrupts Africa'S Economy

Strait of Hormuz Disrupts Africa’S Economy

Africa-Press - Botswana. The repercussions of disruptions in global supply chains and the closure of vital maritime corridors, alongside rising security and...
China-Africa Trade Hits Record High

China-Africa Trade Hits Record High

Africa-Press - Botswana. China announced that its trade with Africa reached a record level in the first half of 2026, attributing this...
ECOWAS Plans Single Currency by 2027

ECOWAS Plans Single Currency by 2027

Africa-Press - Botswana. The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching its unified currency "ECO" by...
Africa Owes IMF $38.6 Billion

Africa Owes IMF $38.6 Billion

Africa-Press - Botswana. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Standard Chartered Sale Process Continues

Standard Chartered Sale Process Continues

Africa-Press - Botswana. Standard Chartered Bank Botswana says it will continue operating with the same focus on clients, employees and stakeholders as it progresses...
Global Recognition of African Leadership in Finance

Global Recognition of African Leadership in Finance

Africa-Press - Botswana. Across Africa, a new generation of business leaders is demonstrating that innovation knows no borders. That spirit was evident at the...
New EU Deal Deepens Africa Consumer Markets

New EU Deal Deepens Africa Consumer Markets

Africa-Press - Botswana. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines

Iran War Strains African Airlines

Africa-Press - Botswana. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Botswana. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure

East Africa Budgets Face War and Debt Pressure

Africa-Press - Botswana. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...