economy

economy

Inspection Tour Highlights Development Progress in Eritrea

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

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

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

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

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

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...
IMF's Kristalina Georgieva Addresses Economic Challenges in

IMF’s Kristalina Georgieva Addresses Economic Challenges in

What You Need to Know At the IMF Spring Meetings, Kristalina Georgieva highlighted the economic challenges facing Sub-Saharan Africa due to rising fuel prices and...
Egypt and Eritrea Collaborate on Solar Energy Initiatives

Egypt and Eritrea Collaborate on Solar Energy Initiatives

What You Need to Know Egypt is set to support Eritrea with solar energy projects, including the establishment of two solar power plants. The initiative,...
IMF Highlights Economic Pressures Facing Sub-Saharan Africa

IMF Highlights Economic Pressures Facing Sub-Saharan Africa

What You Need to Know The IMF's World Economic Outlook warns that Sub-Saharan Africa is facing significant economic pressures due to global instability, particularly from...
Global Firm Eases Banking Pressure Between US and Africa

Global Firm Eases Banking Pressure Between US and Africa

What You Need to Know Global fintech Verto has launched US-dollar business accounts aimed at companies operating between the US and Africa. This initiative addresses...