India Buys Oil from West Africa
Africa-Press - Eritrea. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through a...
Iran War could Push Oil to $150 a Barrel
Africa-Press - Eritrea. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as the...
SADC Approves Roadmap to Tackle Market Turmoil
Africa-Press - Eritrea. Foreign ministers from the Southern African Development Community (SADC) concluded their meetings in Skukuza, South Africa, after three days...
US Extends Africa Growth and Opportunity Act
Africa-Press - Eritrea. African exporters have regained access to the duty-free U.S. market after the United States officially extended the African Growth...
Inspection Tour Highlights Development Progress in Eritrea
What You Need to Know
Mr. Habteab Tesfatsion, Governor of the Southern Region, and Dr. Woldai Fitur, head of the Investment Center, inspected development programs...
Africa’s Fuel Shortfall Projected at 86 Million Tonnes by
What You Need to Know
The Africa Finance Corporation warns that Africa is on track for an 86 million tonne fuel shortfall by 2040, exacerbated...
China-Africa Entrepreneurs Summit Promotes Deeper Ties
What You Need to Know
The China-Africa Entrepreneurs Summit, held in Addis Ababa, called for enhanced cooperation between Chinese and African businesses. Leaders emphasized the...
Africa’s Public Sector Growth: Risks and Fiscal Challenges
What You Need to Know
Africa's public sector is undergoing rapid transformation with increased spending and development initiatives. However, this growth brings significant risks, including...
Africa’s Economic Evolution: Growth and Fintech in 10 Years
What You Need to Know
Over the last decade, Africa has seen significant economic and digital transformations, with growth rates of three to four percent....
Wheat Prices Surge Amid Mideast Turmoil and Food Fears
What You Need to Know
Wheat prices are set for a significant weekly increase as conflict in the Middle East raises fears of global food...