economy

economy

Strait of Hormuz Disrupts Africa'S Economy

Strait of Hormuz Disrupts Africa’S Economy

Africa-Press - Zambia. The repercussions of disruptions in global supply chains and the closure of vital maritime corridors, alongside rising security and...
China-Africa Trade Hits Record High

China-Africa Trade Hits Record High

Africa-Press - Zambia. China announced that its trade with Africa reached a record level in the first half of 2026, attributing this...
ECOWAS Plans Single Currency by 2027

ECOWAS Plans Single Currency by 2027

Africa-Press - Zambia. The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching its unified currency "ECO" by...
Africa Owes IMF $38.6 Billion

Africa Owes IMF $38.6 Billion

Africa-Press - Zambia. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Introducing Drying Methods for Maize, Bringing Marketing Season Immediately After Harvest- Amb. Emmanuel Mwamba

Introducing Drying Methods for Maize, Bringing Marketing Season Immediately After Harvest- Amb. Emmanuel Mwamba

Introducing Drying Methods for Maize, Bringing Marketing Season Immediately After Harvest Amb. Emmanuel Mwamba Wrote; At a mass rally held in Petauke district, Tonse-Pamodzi leaders Hon....
New EU Deal Deepens Africa Consumer Markets

New EU Deal Deepens Africa Consumer Markets

Africa-Press - Zambia. 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 - Zambia. 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 - Zambia. 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 - Zambia. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
Zambia Announces First Debt-For-Development Swap

Zambia Announces First Debt-For-Development Swap

Africa-Press - Zambia. The government of Zambia has announced that it has received near-unanimous support from bondholders for an innovative deal to...