economy

economy

Africa's Growth Depends on Committed Entrepreneurs and Investors

Africa’s Growth Depends on Committed Entrepreneurs and Investors

ABDIRASHID DUALE What You Need to Know The article discusses the critical role of committed entrepreneurs and investors in driving Africa's economic growth, especially in the...
Comesa Captures 67% of FDI Flows to Africa

Comesa Captures 67% of FDI Flows to Africa

What You Need to Know The Common Market for Eastern and Southern Africa (Comesa) has captured 67% of all Foreign Direct Investment (FDI) flows into...
Iran War Sparks Global Fertilizer Shortage

Iran War Sparks Global Fertilizer Shortage

What You Need to Know Farmers worldwide are grappling with fertilizer shortages and rising costs due to the war in Iran, which has disrupted shipments...
Gold Extends Losses Amid Hawkish Global Market Shift

Gold Extends Losses Amid Hawkish Global Market Shift

Africa-Press - Eritrea. Gold fell more than 2% per ounce on Monday as escalating military tensions in the Middle East fueled inflation...
Turbulence in fuel markets hitting African airlines hard

Turbulence in fuel markets hitting African airlines hard

What You Need to Know African airlines are grappling with soaring jet fuel prices, primarily due to the US-Israel conflict affecting oil supply routes. With...
China's Zero-Tariff Policy and African Economic Growth

China’s Zero-Tariff Policy and African Economic Growth

What You Need to Know Starting May 1, 2026, China will implement a zero-tariff policy for 53 African countries, significantly enhancing trade relations. This initiative...
Gold Prices See Biggest Weekly Drop since 1983

Gold Prices See Biggest Weekly Drop since 1983

Africa-Press - Eritrea. The price of gold saw the biggest weekly drop since 1983, decreasing more than 10% to below $4,500 threshold...
WTO Seeks $5 Billion for Africa's Cotton Processing

WTO Seeks $5 Billion for Africa’s Cotton Processing

Africa-Press - Eritrea. The World Trade Organization (WTO) aims to attract US$5 billion in private investment to develop Africa’s cotton processing industry...
Restrictions and Taxes Hindering Africa's Open Skies Dream

Restrictions and Taxes Hindering Africa’s Open Skies Dream

Africa-Press - Eritrea. Stringent visa regimes across Africa, coupled with multiple layers of taxes, fees and charges continue to keep air travel...
Gold prices reach February peak

Gold prices reach February peak

Africa-Press - Eritrea. Gold prices, which have experienced sharp increases in recent months, continue to fluctuate. Gold prices, which rose particularly due...