economy

economy

WTO Lowers Trade Prospects for Africa

WTO Lowers Trade Prospects for Africa

Africa-Press - Lesotho. Africa’s trade prospects have dimmed in the face of rising global protectionism, with new tariffs from the United States and escalating...
Lavrov Says Return to Issue of Single Currency for BRICS Possible once Conditions in Place

Lavrov Says Return to Issue of Single Currency for BRICS Possible once Conditions in...

Africa-Press - Lesotho. It is possible to return to discussing the issue of creation of a single currency for BRICS once the necessary conditions...
Global markets in green amid US tariff talks, possibility of trade deals

Global markets in green amid US tariff talks, possibility of trade deals

Africa-Press - Lesotho. Global markets reflected hope for averting a trade war after US President Donald Trump reversed course on his tariff policy. Washington is...
India Aims to Boost Africa Ties through Digital Cooperation

India Aims to Boost Africa Ties through Digital Cooperation

Africa-Press - Lesotho. India seeks to forge deeper partnerships with African nations, aiming to drive mutual economic growth through long-term, sustainable collaboration. India’s robust...
Africa’S Trade, Economic Growth Lies in Afcfta – World Bank

Africa’S Trade, Economic Growth Lies in Afcfta – World Bank

Africa-Press - Lesotho. The African Continental Free Trade Area (AfCFTA) presents a significant opportunity for trade growth and economic development in Africa, says, the...
IMF chief urges countries to act swiftly to resolve trade tensions

IMF chief urges countries to act swiftly to resolve trade tensions

Africa-Press - Lesotho. International Monetary Fund (IMF) Managing Director Kristalina Georgieva stressed Thursday that uncertainty is very costly and called for a quick resolution...
Oil prices edge higher on US-China trade hopes, but OPEC+ output hike caps gains

Oil prices edge higher on US-China trade hopes, but OPEC+ output hike caps gains

Africa-Press - Lesotho. Oil prices rose on Friday amid renewed optimism surrounding trade talks between the US and China, though gains were limited due...
IEA chief calls for action to prevent monopoly in critical mineral supply

IEA chief calls for action to prevent monopoly in critical mineral supply

Africa-Press - Lesotho. The head of the International Energy Agency (IEA) on Friday called for efforts to prevent monopolies in the supply of critical...
Escalation of trade tensions complicates inflation outlook: ECB chief

Escalation of trade tensions complicates inflation outlook: ECB chief

Africa-Press - Lesotho. European Central Bank (ECB) President Christine Lagarde on Friday warned that the ongoing escalation in global trade tensions complicates the inflation...
Sub-Saharan Africa’s economy set to rebound, but Jobs still a major hurdle

Sub-Saharan Africa’s economy set to rebound, but Jobs still a major hurdle

Africa-Press - Lesotho. Sub-Saharan Africa’s economy is showing signs of resilience, with growth projected to hit 3.5% in 2025 and rise to 4.3% by...