economy

economy

Japan and Afdb Strengthen Partnership for Africa Growth

Japan and Afdb Strengthen Partnership for Africa Growth

Africa-Press - Mauritius. Japan and the African Development Bank (AfDB) have reinforced their nearly two-decade partnership with a new USD 5.5 billion financing deal...
African Business Partners with Postal Bodies for Trade

African Business Partners with Postal Bodies for Trade

Africa-Press - Mauritius. The Pan African Postal Union (PAPU) and the East African Business Council (EABC) have signed a memorandum of understanding (MoU) aimed...
China-Africa Trade Surges with Duty-Free Products

China-Africa Trade Surges with Duty-Free Products

Africa-Press - Mauritius. China’s Ministry of Commerce (MOFCOM) on Thursday highlighted the trend of deepened ties between China and Africa driven by “booming trade”...
South Africa Launches G20 Taskforce on Wealth Inequality

South Africa Launches G20 Taskforce on Wealth Inequality

Africa-Press - Mauritius. South African President Cyril Ramaphosa on Thursday launched a G20 experts taskforce to examine global wealth inequality and its impact on...
International Postal Services Halt US Parcel Post

International Postal Services Halt US Parcel Post

Africa-Press - Mauritius. A US executive order reinstating duty on small packages is proving to be a big headache for international postal services. Mexico on...
Africa Sees 60% Increase in Chinese Solar Panel Imports

Africa Sees 60% Increase in Chinese Solar Panel Imports

Africa-Press - Mauritius. Africa is rapidly scaling up its solar power capacity, with imports of Chinese solar panels surging 60% in the 12 months...
Africa’s Millionaire Population to Surge 65% by 2033

Africa’s Millionaire Population to Surge 65% by 2033

Africa-Press - Mauritius. The population of millionaires in Africa has been projected to increase by 65 per cent within the next 10 years as...
OECD GDP growth rebounds to 0.4% in Q2, up from 0.2%

OECD GDP growth rebounds to 0.4% in Q2, up from 0.2%

Africa-Press - Mauritius. Gross domestic product (GDP) in the OECD area rose by 0.4% in the second quarter of 2025, up from 0.2% in...
Japanese Venture Capital Invests $20M in Africa Infrastructure

Japanese Venture Capital Invests $20M in Africa Infrastructure

Africa-Press - Mauritius. In a significant development highlighting Japan’s expanding interest in Africa’s emerging technology landscape, specialist venture capital firm Uncovered Fund has formed...
African Markets – Factors to watch on Aug 26

African Markets – Factors to watch on Aug 26

Africa-Press - Mauritius. The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. Global...