IMF warns of rising debt risks in Sub-Saharan Africa
Africa-Press - Mozambique. Sub-Saharan African governments are increasingly turning to local banks to fund their budgets, paying higher borrowing costs at home than abroad...
5th Türkiye-Africa Business and Economic Forum Opens
Africa-Press - Mozambique. The fifth Türkiye-Africa Business and Economic Forum (TABEF) opened in Istanbul on Thursday, organized by the Foreign Economic Relations Board (DEIK)...
Türkiye-Africa Trade Reaches $37B in 2024
Africa-Press - Mozambique. The trade volume between Türkiye and Africa exceeded $37 billion in 2024, with Ankara aiming to reach $40 billion in 2025,...
Nearly every African Nation at Türkiye-Africa Forum
Africa-Press - Mozambique. Fifty of 54 African sovereign states attended the Türkiye-Africa Business and Economic Forum (TABEF) in Istanbul, which was hosted Thursday by...
Gold Surpasses $4,200 Amid Fed Rate Cuts and Trade Tensions
Africa-Press - Mozambique. The price of gold per ounce saw another significant level, exceeding $4,200, on Wednesday, amid growing anticipation of additional US interest...
Global Public Debt to Exceed 100% of GDP by 2029
Africa-Press - Mozambique. The International Monetary Fund (IMF) said Wednesday that global public debt is expected to exceed 100% of the world's gross domestic...
Global Shipping Nations Consider Climate Deal Amid US Opposition
Africa-Press - Mozambique. The world’s largest maritime nations are gathering in London Tuesday in a bid to strike a historic climate deal that could...
IMF raises global growth forecast to 3.2% for 2025
Africa-Press - Mozambique. US, euro area economies expected to grow more than previous forecast, while forecast for Chinese economy kept stable
Türkiye's economy expected to...
Global Markets Mixed Amid Us-China Trade Uncertainties
Africa-Press - Mozambique. Global markets remained mixed following US President Donald Trump’s tariff threats against China in response to its rare earth export restrictions,...
Trump’s Trade War With China Clouds IMF World Bank Meetings
Africa-Press - Mozambique. Finance chiefs gathering in Washington this week were ready to discuss the global economy’s surprising resilience in the face of Donald...