Six African Startups Win $400,000 in FINCA Prize
Africa-Press - Eritrea. Six African startups have been awarded $400,000 through the 2025 FINCA Ventures Prize, a rare opportunity for early-stage funding at a...
Outdated Diamond Selling Hurts Producers Trader Says
Africa-Press - Eritrea. The sale of diamonds through tenders and auctions is opaque and inefficient and should be revamped for producers to earn more...
Horn of Africa Forecasts Dry Weather Until December
Africa-Press - Eritrea. The Horn of Africa is forecast to experience drier-than-usual conditions from October to December, the Climate Prediction and Applications Centre of...
African Manufacturers Seek to Extend US Trade Program
Africa-Press - Eritrea. African manufacturers are lobbying U.S. Congress to grant a last-ditch extension of one or two years to a duty-free trade programme...
Global debt remains above 235% of world GDP: IMF
Africa-Press - Eritrea. The International Monetary Fund (IMF) reported Wednesday that the decline in private sector credit was offset by an increase in public...
AI Projected to Boost Global Trade by 37% WTO
Africa-Press - Eritrea. World Trade Organization report argues AI apps contribute to productivity in economies, as well as semiconductors, other AI-enabling goods
However, it warns...
Global Interest-Rate Spree Signals First US Cut of 2025
Africa-Press - Eritrea. The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight in a week...
Crypto Market Awaits Fed’S Rate Cut Decision
Africa-Press - Eritrea. The cryptocurrency market is awaiting a possible interest rate cut by the US Federal Reserve on Wednesday during the bank’s Federal...
BRICS Grain Producers Lose $2.5B Yearly to Manipulation
Africa-Press - Eritrea. Grain producers across BRICS nations are losing an estimated $2.5 billion annually due to market concentration and price manipulation by global...
Sub-Saharan Africa’s Economies Face High Finance Costs
Africa-Press - Eritrea. Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years due to...