economy

economy

Citi Sees Africa Currency Devaluation Risks Amid Weak Oil

Citi Sees Africa Currency Devaluation Risks Amid Weak Oil

Africa-Press - Mauritius. Citigroup Inc. sees an increased risk of currency devaluations in Africa this year after a relatively stable 2025, as...
Mauritius Participates in Summit Against Illegal Fishing

Mauritius Participates in Summit Against Illegal Fishing

Africa-Press - Mauritius. Zanzibar is set to host a summit bringing together delegations from Kenya, Mauritius, Tanzania and Zanzibar in the fight...
Gold prices soar 2.1% amid geopolitical issues

Gold prices soar 2.1% amid geopolitical issues

Africa-Press - Mauritius. The ounce price of gold rose by 2.1% on Monday compared to the last week amid geopolitical issues. The price...
Africa's economy to expand in 2026 despite risks

Africa’s economy to expand in 2026 despite risks

Africa-Press - Mauritius. Africa is poised for a breakout. An International Monetary Fund (IMF) forecast reveals the continent will be home to...
Silver Prices Plunge After Record Highs as Investors Sell

Silver Prices Plunge After Record Highs as Investors Sell

Africa-Press - Mauritius. Silver, after hitting an all-time high of $84 per ounce on Monday, saw its fastest daily decline since February...
trade in 2025 shaped by Trump’s tariffs

trade in 2025 shaped by Trump’s tariffs

Africa-Press - Mauritius. trade in 2025 was shaped by heightened uncertainty driven by US President Donald Trump’s protectionist trade and tariff policies...
Global Markets Optimistic but Cautious in Last Week of 2025

Global Markets Optimistic but Cautious in Last Week of 2025

Africa-Press - Mauritius. Global markets started the year’s last week with cautious optimism due to estimates that the Fed may continue cutting...
Making Africa’S Creative Sector Bankable

Making Africa’S Creative Sector Bankable

Africa-Press - Mauritius. African artists are no longer just cultural ambassadors—they are global economic players. From topping international music charts to influencing...
Global Markets Keep Seeking Direction during Christmas

Global Markets Keep Seeking Direction during Christmas

Africa-Press - Mauritius. Global markets are seeking direction in the few open stock exchanges and futures markets, as major US and European...
Gold Surges Above $4,500 Amid Geopolitical Tensions

Gold Surges Above $4,500 Amid Geopolitical Tensions

Africa-Press - Mauritius. Gold rose to a record $4,525.96 an ounce on Wednesday, rising around 1% amid concerns over rising US-Venezuela tensions...