Economy

Economy

Gold prices extend record run on strong safe-haven inflows

Gold prices extend record run on strong safe-haven inflows

Africa-Press - Tanzania. Gold prices extended their record run on Wednesday, as persistent market uncertainty and growing investor confidence that the U.S. Federal Reserve...
Gold Reaches Record High as Fed May Ease Policy

Gold Reaches Record High as Fed May Ease Policy

Africa-Press - Tanzania. Gold hit a new record of $3,508.9 on Tuesday, led by the rising possibility that the Fed may cut rates this...
Global Markets Mixed as Investors Stay Cautious

Global Markets Mixed as Investors Stay Cautious

Africa-Press - Tanzania. Global markets were mixed on Monday amid optimism that the Fed may start cutting rates this month, while investors are cautious...
Gold hits new record high on Fed rate cut bets

Gold hits new record high on Fed rate cut bets

Africa-Press - Tanzania. The price of gold rose sharply to the new record high on Tuesday, triggered by expectations of a September Fed rate...
Africa's Commodity Future Highlighted at Ghana Forum

Africa’s Commodity Future Highlighted at Ghana Forum

Africa-Press - Tanzania. Africa continues to lose billions of dollars by exporting raw commodities instead of processed goods, Ghana International Bank (GHIB) warned at...
Benghazi Modular Hospital Blueprint for Future Healthcare

Benghazi Modular Hospital Blueprint for Future Healthcare

Africa-Press - Tanzania. The Modular Hospital in Benghazi is a strategic, new generation healthcare project that was designed to adapt, grow, and transform in...
Japan and Afdb Strengthen Partnership for Africa Growth

Japan and Afdb Strengthen Partnership for Africa Growth

Africa-Press - Tanzania. 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 - Tanzania. 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 - Tanzania. 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 - Tanzania. South African President Cyril Ramaphosa on Thursday launched a G20 experts taskforce to examine global wealth inequality and its impact on...