economy

economy

Africa Pays ‘Scandalous’ Premium to Borrow, Top Bankers Say

Africa Pays ‘Scandalous’ Premium to Borrow, Top Bankers Say

Africa-Press - Mauritius. The credit ratings of most African nations are much lower than similar sovereigns elsewhere in the world, costing them billions of...
Minister Boolell launches Phase II of STOSAR project

Minister Boolell launches Phase II of STOSAR project

Africa-Press - Mauritius. The second phase of the Support Towards the Operationalisation of the Southern African Development Community Regional Agricultural Policy (STOSAR) project in...
UN Official Warns of Worsening Global Food Insecurity

UN Official Warns of Worsening Global Food Insecurity

Africa-Press - Mauritius. UN Assistant Secretary-General for Humanitarian Affairs Joyce Msuya on Monday warned the Security Council that escalating violence in conflict zones is...
African Nations Unite to Tax Luxury Air Travel

African Nations Unite to Tax Luxury Air Travel

Africa-Press - Mauritius. A coalition of 13 countries has announced new taxes on luxury air travel, applying to private jets as well as business...
Wheat May Need More Water During Future Heat Waves

Wheat May Need More Water During Future Heat Waves

Africa-Press - Mauritius. Future heat waves could bring wheat’s water needs well beyond current estimates, a new British study said Monday. Researchers from the University...
Google and Cassava Launch Free Gemini AI Access in Africa

Google and Cassava Launch Free Gemini AI Access in Africa

Africa-Press - Mauritius. Cassava Technologies , a global technology leader with African heritage, has announced a strategic partnership aimed at expanding access to Google’s...
Bitcoin dives to six-month lowest

Bitcoin dives to six-month lowest

Africa-Press - Mauritius. Bitcoin fell more than 6% to its weakest level in six months on Friday as growing uncertainty about the US economy...
Markets Rise

Markets Rise

Africa-Press - Mauritius. Global markets moved higher Thursday, buoyed by stronger risk appetite following the reopening of the US federal government after the longest...
Oil slips on oversupply worries, sanctions risk in focus

Oil slips on oversupply worries, sanctions risk in focus

Africa-Press - Mauritius. Oil prices dipped in Asian trade on Tuesday as oversupply concerns outweighed uncertainty over the impact of U.S. sanctions on Russian...
Trade bodies push for AfCFTA fast-track

Trade bodies push for AfCFTA fast-track

Africa-Press - Mauritius. AFRICAN trade bodies have called for a shift from talk to action on the African Continental Free Trade Area (AfCFTA), urging...