Economy

Economy

Economics and Sociology

New EU Deal Deepens Africa Consumer Markets

New EU Deal Deepens Africa Consumer Markets

Africa-Press - Rwanda. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines

Iran War Strains African Airlines

Africa-Press - Rwanda. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Rwanda. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure

East Africa Budgets Face War and Debt Pressure

Africa-Press - Rwanda. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
Private sector urged to use economic power for unity

Private sector urged to use economic power for unity

Africa-Press - Rwanda. Business leaders in Eastern Province have been urged to use their economic influence to promote unity and national development, drawing lessons...
Islamic finance could unlock new capital for Rwanda’s market

Islamic finance could unlock new capital for Rwanda’s market

Africa-Press - Rwanda. Rwanda’s move to introduce Islamic capital market products could open a new financing window for infrastructure, housing, agriculture, private sector growth,...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Rwanda. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Rwanda. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
India Buys Oil from West Africa

India Buys Oil from West Africa

Africa-Press - Rwanda. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through a...
Iran War could Push Oil to $150 a Barrel

Iran War could Push Oil to $150 a Barrel

Africa-Press - Rwanda. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as the...