economy

economy

Iran War Strains African Airlines

Iran War Strains African Airlines

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

China Turns to African Oil after Iran Ban

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

East Africa Budgets Face War and Debt Pressure

Africa-Press - Cape verde. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Cape verde. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in...
West Africa is a new strategic center. And Cape Verde?

West Africa is a new strategic center. And Cape Verde?

A mudança ocorre numa altura em que a instabilidade na região do Golfo Pérsico ameaça um dos corredores marítimos mais importantes do mundo. O...
ENAPOR sets operational records in 2025

ENAPOR sets operational records in 2025

The management and accounts report for 2025 reveals a significant increase in the company's main financial indicators, notably net profit, which reached R$ 337.778...
India Buys Oil from West Africa

India Buys Oil from West Africa

Africa-Press - Cape verde. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through...
Iran War could Push Oil to $150 a Barrel

Iran War could Push Oil to $150 a Barrel

Africa-Press - Cape verde. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as...
SADC Approves Roadmap to Tackle Market Turmoil

SADC Approves Roadmap to Tackle Market Turmoil

Africa-Press - Cape verde. Foreign ministers from the Southern African Development Community (SADC) concluded their meetings in Skukuza, South Africa, after three...
US Extends Africa Growth and Opportunity Act

US Extends Africa Growth and Opportunity Act

Africa-Press - Cape verde. African exporters have regained access to the duty-free U.S. market after the United States officially extended the African...