economy

economy

US Imports of Congolese Copper Hit Record Levels

US Imports of Congolese Copper Hit Record Levels

Africa-Press - Ethiopia. U.S. imports of refined copper from the Democratic Republic of the Congo reached a record high in July, as...
Hormuz Crisis: is Africa the New Energy haven

Hormuz Crisis: is Africa the New Energy haven

Africa-Press - Ethiopia. Geopolitical crises in strategic maritime corridors, particularly the Strait of Hormuz and Bab el-Mandeb, have led global energy markets...
Korea-Africa Summit Focuses on AI and Digital Transformation

Korea-Africa Summit Focuses on AI and Digital Transformation

Africa-Press - Ethiopia. Delegations from 54 African countries gathered in the South Korean capital, Seoul, to participate in the Korea-Africa Economic Cooperation...
African Oil Giant Makes Stock Market Debut

African Oil Giant Makes Stock Market Debut

Africa-Press - Ethiopia. Dangote Oil Refinery in Nigeria is preparing to launch its shares for public subscription on the Lagos Stock Exchange,...
Ethiopia Plans to Buy 16 Ships for its Fleet

Ethiopia Plans to Buy 16 Ships for its Fleet

Africa-Press - Ethiopia. The Ethiopian Maritime and Logistics Authority announced that Ethiopia intends to purchase 16 new ships at a cost exceeding...
Africa’S Commercial Aircraft Fleet to Double by 2045

Africa’S Commercial Aircraft Fleet to Double by 2045

Africa-Press - Ethiopia. An American company has predicted that the commercial aircraft fleet in Africa will more than double over the next...
Ethiopia Plans Air Cargo Hub to Rival Gulf Airlines

Ethiopia Plans Air Cargo Hub to Rival Gulf Airlines

Africa-Press - Ethiopia. A local source reported that Ethiopian Airlines is nearing a deal to purchase up to 10 long-haul cargo aircraft...
Asian Diesel Exports to Africa Surge Amid Iran War

Asian Diesel Exports to Africa Surge Amid Iran War

Africa-Press - Ethiopia. Asian diesel exports to Africa are set to reach their highest level in at least 4.5 years this August,...
African Union to Launch Credit Rating Agency in October

African Union to Launch Credit Rating Agency in October

Africa-Press - Ethiopia. A senior advisor in the African Union announced that the African Peer Review Mechanism (APRM), an initiative supported by...
Is Chevron Reshaping its Investment Strategy in Africa?

Is Chevron Reshaping its Investment Strategy in Africa?

Africa-Press - Ethiopia. The American oil company Chevron announced a new oil discovery off the coast of Angola, considering it a step...