economy

economy

Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Lesotho. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
India Buys Oil from West Africa

India Buys Oil from West Africa

Africa-Press - Lesotho. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through a...
Iran War could Push Oil to $150 a Barrel

Iran War could Push Oil to $150 a Barrel

Africa-Press - Lesotho. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as the...
SADC Approves Roadmap to Tackle Market Turmoil

SADC Approves Roadmap to Tackle Market Turmoil

Africa-Press - Lesotho. Foreign ministers from the Southern African Development Community (SADC) concluded their meetings in Skukuza, South Africa, after three days...
US Extends Africa Growth and Opportunity Act

US Extends Africa Growth and Opportunity Act

Africa-Press - Lesotho. African exporters have regained access to the duty-free U.S. market after the United States officially extended the African Growth...
Matlanyane Engages TBEA Chairman on Energy Projects

Matlanyane Engages TBEA Chairman on Energy Projects

What You Need to Know Lesotho's Minister of Finance, Dr. Rets’elisitsoe Matlanyane, met with TBEA Chairman Zhang Xin in Tianjin, China, to discuss the photovoltaic...
New Senqu Bridge to Boost Lesotho's Water Exports to South

New Senqu Bridge to Boost Lesotho’s Water Exports to South

What You Need to Know The newly constructed Senqu Bridge in Lesotho is set to significantly increase water exports to South Africa, nearly doubling the...
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...