economy

economy

Oil up over geopolitical tensions as markets await US Fed interest rate decision

Oil up over geopolitical tensions as markets await US Fed interest rate decision

Africa-Press - Eritrea. Oil prices increased in early trade on Monday due to geopolitical tensions that are threatening global oil supply and the better-than-expected...
Commendable Soil and Water Conservation Activities

Commendable Soil and Water Conservation Activities

Africa-Press - Eritrea. Asmara, 16 March 2024 – The Ministry of Agriculture has reported a significant increase of 61% in soil and water conservation...
Oil prices down with strong dollar, investor profit-taking

Oil prices down with strong dollar, investor profit-taking

Africa-Press - Eritrea. Oil prices declined on Friday, pressured by a strong US dollar, following higher-than-expected consumer price inflation data and on fears that...
Africa CEO Forum 2024: Africa faces decisive moment to shape new future:

Africa CEO Forum 2024: Africa faces decisive moment to shape new future:

Africa-Press - Eritrea. As global crises cast long shadows, Africa stands at a critical crossroads: Will the continent remain on the sidelines of history...
Women entrepreneurs: persistent financial obstacles [Business Africa]

Women entrepreneurs: persistent financial obstacles [Business Africa]

Africa-Press - Eritrea. The entrepreneurial boom in Africa is undeniable, but behind this fervor lies a concerning reality.According to a report published by TechCabal...
Oil prices up with US demand rise, supply risks amid geopolitical tension

Oil prices up with US demand rise, supply risks amid geopolitical tension

Africa-Press - Eritrea. Oil prices increased on Thursday following data indicating increased demand in the US, the world's biggest oil consumer, and supply concerns...
Unemployment in OECD at 4.8% in January

Unemployment in OECD at 4.8% in January

Africa-Press - Eritrea. The unemployment rate in the Organization for Economic Cooperation and Development (OECD) area was at 4.8% in January, according to a...
IMF begins selection process for next managing director

IMF begins selection process for next managing director

Africa-Press - Eritrea. The International Monetary Fund said its executive board has initiated the selection process for its next managing director.The IMF said the...
Banana is world’s most exported fresh fruits, says FAO

Banana is world’s most exported fresh fruits, says FAO

Africa-Press - Eritrea. Bananas are the world’s most exported fresh fruits but the industry is struggling with climate crisis, rising costs, falling consumer purchasing...
AfDB chief says African countries “should put end” to natural resource-backed loans

AfDB chief says African countries “should put end” to natural resource-backed loans

Africa-Press - Eritrea. The head of the African Development Bank has urged African countries to put an end to natural resource-backed loans in an...