economy

economy

Fourth Edition of China-Africa Economic and Trade Expo

Fourth Edition of China-Africa Economic and Trade Expo

Africa-Press - Eritrea. The fourth China-Africa Economic and Trade Expo opened on Thursday in the central Chinese city of Changsha, highlighting the commitment of...
Oil Prices Surge as Stocks Decline Amid Iran Conflict

Oil Prices Surge as Stocks Decline Amid Iran Conflict

Africa-Press - Eritrea. Oil prices soared on Friday while stocks fell over concerns that Israel’s attack on Iran could spiral into a wider war...
Gold continues to soar amid Israeli-Iranian military strikes

Gold continues to soar amid Israeli-Iranian military strikes

Africa-Press - Eritrea. The price of gold rose sharply on Friday amid the military confrontation between Israel and Iran. Israel began its military operation early...
'Fear index' soars 15.5% amid Israel-Iran clashes

‘Fear index’ soars 15.5% amid Israel-Iran clashes

Africa-Press - Eritrea. The VIX volatility index, also known as the "fear index," soared by 15.52% on Friday amid continuing hostility between Iran and...
Vivatech 2025 Africa Takes Center Stage in AI

Vivatech 2025 Africa Takes Center Stage in AI

Africa-Press - Eritrea. The 9th edition of VivaTech, Europe's premier tech and innovation event, spotlighted Africa’s growing influence in the global tech ecosystem. Held...
Gold surges 1.1%

Gold surges 1.1%

Africa-Press - Eritrea. The price of gold rose sharply Friday following Israel's sweeping airstrikes on Iran's nuclear program and long-range missile capabilities. The price of...
China Africa Urge US to Reestablish Trade Relations

China Africa Urge US to Reestablish Trade Relations

Africa-Press - Eritrea. China and 53 African countries called on nations, especially the United States, to return to the “right track” of resolving trade...
Experts Discuss Financial Resilience in Agriculture

Experts Discuss Financial Resilience in Agriculture

Africa-Press - Eritrea. A conference on the need for financial resilience to build resilient food systems in Africa is underway in Addis Ababa. Opening the...
DHL to invest €500m on Africa, Middle East expansion

DHL to invest €500m on Africa, Middle East expansion

Africa-Press - Eritrea. Logistics giant DHL Group plans to invest about €500 million ($575 million) in health-care services in Africa and the Middle East...
OECD Unemployment Steady at 4.9% in April

OECD Unemployment Steady at 4.9% in April

Africa-Press - Eritrea. The unemployment rate across the Organization for Economic Co-operation and Development (OECD) held steady at 4.9% in April 2025, remaining at...