economy

economy

Africa tourism up by 8% as global tourism hits record high

Africa tourism up by 8% as global tourism hits record high

Africa-Press - Eritrea. Tourism to Africa rose by 8 percent last year to 81 million visitors, United Nations Tourism said on Tuesday. The...
Investment Growth in Frontier Markets Halved Since 2010s

Investment Growth in Frontier Markets Halved Since 2010s

Africa-Press - Eritrea. The World Bank reported Tuesday that "frontier market" economies, largely composed of middle-income diversities, have largely failed to realize...
Gold Reaches Record Highs Amid Geopolitical Tensions

Gold Reaches Record Highs Amid Geopolitical Tensions

Africa-Press - Eritrea. Gold prices climbed to record highs on Friday, buoyed by persistent geopolitical and economic uncertainty that continued to drive...
World trade remains resilient despite disruptions: WTO chief

World trade remains resilient despite disruptions: WTO chief

Africa-Press - Eritrea. Global trade remains resilient despite many disruptions and protectionism, as some 72% of world trade is still done under...
Citi Sees Africa Currency Devaluation Risks Amid Weak Oil

Citi Sees Africa Currency Devaluation Risks Amid Weak Oil

Africa-Press - Eritrea. Citigroup Inc. sees an increased risk of currency devaluations in Africa this year after a relatively stable 2025, as...
Gold prices soar 2.1% amid geopolitical issues

Gold prices soar 2.1% amid geopolitical issues

Africa-Press - Eritrea. The ounce price of gold rose by 2.1% on Monday compared to the last week amid geopolitical issues. The price...
Africa's economy to expand in 2026 despite risks

Africa’s economy to expand in 2026 despite risks

Africa-Press - Eritrea. Africa is poised for a breakout. An International Monetary Fund (IMF) forecast reveals the continent will be home to...
Silver Prices Plunge After Record Highs as Investors Sell

Silver Prices Plunge After Record Highs as Investors Sell

Africa-Press - Eritrea. Silver, after hitting an all-time high of $84 per ounce on Monday, saw its fastest daily decline since February...
trade in 2025 shaped by Trump’s tariffs

trade in 2025 shaped by Trump’s tariffs

Africa-Press - Eritrea. trade in 2025 was shaped by heightened uncertainty driven by US President Donald Trump’s protectionist trade and tariff policies...
Global Markets Optimistic but Cautious in Last Week of 2025

Global Markets Optimistic but Cautious in Last Week of 2025

Africa-Press - Eritrea. Global markets started the year’s last week with cautious optimism due to estimates that the Fed may continue cutting...