economy

economy

US unveils trade platform to boost Africa's exports

US unveils trade platform to boost Africa’s exports

Africa-Press - Mozambique. The US has launched a signature trade platform, Africa Trade Desk to link large food retailers in US to African producers.Countries...
Oil up due to escalating geopolitical tensions

Oil up due to escalating geopolitical tensions

Africa-Press - Mozambique. Oil prices increased on Thursday due to supply concerns fueled by Russia’s decision to implement output cuts and the unsuccessful attempts...
Oil up due to escalating geopolitical tensions

Oil up due to escalating geopolitical tensions

Africa-Press - Mozambique. Oil prices increased on Thursday due to supply concerns fueled by Russia’s decision to implement output cuts and the unsuccessful attempts...
Oil down with US stockpile build, strong dollar signaling weak demand

Oil down with US stockpile build, strong dollar signaling weak demand

Africa-Press - Mozambique. Oil prices declined on Wednesday, with data indicating a drop in crude demand in the US, the world's biggest oil consumer,...
World wasted over 1B meals daily in 2022: UNEP report

World wasted over 1B meals daily in 2022: UNEP report

Africa-Press - Mozambique. Worldwide more than a billion meals a day were squandered in 2022, while 783 million people were affected by hunger and...
Afreximbank funds have over $450 mln for investment, say officials

Afreximbank funds have over $450 mln for investment, say officials

Africa-Press - Mozambique. Funds set up by the African Export-Import Bank (Afrexim) have more than $450 million to invest in financial services, creative industries,...
Africa has become the newest contest for cash-rich Arab rivals

Africa has become the newest contest for cash-rich Arab rivals

Africa-Press - Mozambique. In pursuit of geopolitical clout, in 2021 the United Arab Emirates made a promise to expand aggressively into markets beyond its...
Global markets remain on negative course

Global markets remain on negative course

* Writing by Emir Yildirim.Africa-Press - Mozambique. Global markets remain on the negative course as the cautious tone in the statements of Fed officials...
Cocoa prices nearly double on supply concerns in 3-month period

Cocoa prices nearly double on supply concerns in 3-month period

*Writing by Emir Yildirim in IstanbulAfrica-Press - Mozambique. Cocoa prices have nearly doubled in three months to record highs, influenced by the decline in...
Oil prices inch lower amid cease-fire hopes in Gaza

Oil prices inch lower amid cease-fire hopes in Gaza

Africa-Press - Mozambique. Oil prices fell slightly on Tuesday, with renewed hopes of a cease-fire in Gaza offset by a weak US dollar and...