economy

economy

Bitcoin Surpasses $123,000 Hitting New Record Highs

Bitcoin Surpasses $123,000 Hitting New Record Highs

Africa-Press - Mauritius. Bitcoin continued its rally early Monday, reaching a new record of $123,000 as of around 0740GMT. The cryptocurrency has rallied for...
Silver prices hit highest level since 2011

Silver prices hit highest level since 2011

Africa-Press - Mauritius. The price of silver hit the highest level since 2011, reaching $39 per ounce on Monday as of 1020GMT, amid trade...
EU Takes Steps to Protect Interests Amid Trump Tariff Threat

EU Takes Steps to Protect Interests Amid Trump Tariff Threat

Africa-Press - Mauritius. U.S. President Donald Trump’s surprise announcement of sweeping 30 percent tariffs on European Union (EU) exports on Saturday has provoked a...
Dollar Weakens as Global Reserve Currency Amid De-Dollarization

Dollar Weakens as Global Reserve Currency Amid De-Dollarization

Africa-Press - Mauritius. Protectionist trade policies are weakening the US dollar’s position as the world’s dominant reserve currency, while de-dollarization efforts gather momentum amid...
World Bank warns of debt crisis

World Bank warns of debt crisis

Africa-Press - Mauritius. The World Bank has warned that rising global debt threatens to trap low-income countries in a prolonged financial crisis unless urgent...
Bridging the legal gap in Africa’s digital boom

Bridging the legal gap in Africa’s digital boom

Africa-Press - Mauritius. As Africa Goes Digital, Can the Law Keep Up? Africa’s digital economy is growing at an unprecedented pace, powered by advances in...
OECD Reports Digital Connectivity Growth Rural Areas Lag

OECD Reports Digital Connectivity Growth Rural Areas Lag

Africa-Press - Mauritius. High-speed broadband access is increasing across the Organization for Economic Cooperation and Development (OECD) countries, but connectivity gaps between urban and...
U.S.-Africa Business Summit Generates $2.5 Billion Deals

U.S.-Africa Business Summit Generates $2.5 Billion Deals

Africa-Press - Mauritius. The 17th U.S.-Africa Business Summit, held from June 22 to 25, 2025, in Luanda, Angola, concluded with an unprecedented $2.5 billion...
Copper prices hit records amid Trump’s 50% tariff

Copper prices hit records amid Trump’s 50% tariff

Africa-Press - Mauritius. US President Donald Trump’s announcement about 50% tariffs on copper imports led prices to new records, climbing to $5.81 per pound...
Visa Scams Target African Migrants Amid Tougher Rules

Visa Scams Target African Migrants Amid Tougher Rules

Africa-Press - Mauritius. Visa scams are on the rise in many developed countries, as tougher immigration rules lead vulnerable migrants to seek advice from...