The U.S. Senate has approved a new funding bill aimed at ending the ongoing government shutdown, advancing the measure to the House of Representatives in what could mark the conclusion of a politically contentious and economically disruptive standoff. The bill, backed by President Donald Trump on Monday afternoon, appears to have garnered bipartisan support, increasing […]
South Africa has secured a $925 million loan from the World Bank to support a six-year nationwide urban revitalization program designed to restore basic municipal services, rebuild critical infrastructure, and improve governance in major metropolitan regions. The loan will back the government’s new Metro Services Trading Program, an initiative that incentivizes improved delivery of water, […]
Kenya’s private sector demonstrated remarkable resilience and growth momentum in October, with business activity expanding at the strongest pace recorded in nearly three years, according to the latest Purchasing Managers’ Index data. The positive trajectory signals a significant economic turnaround for East Africa’s largest economy as it recovers from disruptions that characterized earlier periods of […]
President Donald Trump has once again resurrected his proposal to distribute a $2,000 dividend to American citizens funded by revenue collected from his administration’s sweeping tariff regime. The promise, posted on Truth Social over the weekend, represents the latest iteration of an idea the president has repeatedly championed throughout 2025 but has yet to implement […]
Egypt has accomplished a remarkable fiscal achievement by reducing its public debt by approximately 10% of its Gross Domestic Product over the past two years, according to Minister of Finance Ahmed Kouchouk. This reduction stands in stark contrast to global trends, as emerging market economies have experienced an average debt increase of 7% during the […]
Kenya has unveiled an ambitious and comprehensive plan to dramatically improve the efficiency and operational speed of the Port of Mombasa through a strategic partnership between the Kenya Ports Authority (KPA) and the Kenya Revenue Authority (KRA). The landmark agreement is expected to significantly ease chronic congestion, accelerate cargo clearance processes, and strengthen coordination among […]
The Dogger Bank wind farm, positioned to become the world’s largest offshore wind facility, is forecast to deliver a £6.1 billion economic boost to the United Kingdom over its operational lifetime, according to a newly released economic impact report commissioned by the project’s developers. The massive renewable energy installation, situated in the North Sea off […]
Nigeria’s economy is poised to maintain a moderate growth trajectory in the final quarter of 2025, with the Gross Domestic Product (GDP) projected to expand by 3.7 percent, according to a comprehensive economic analysis released by Cowry Asset Management. The anticipated growth reflects the measurable impacts of fiscal and monetary reforms that are beginning to […]
Trade between Kenya and the United Kingdom has entered one of its strongest phases in recent years, with the latest figures showing that total bilateral trade has surpassed Sh340 billion. The performance underscores a period of renewed commercial collaboration, investment flow, and policy alignment between the two economies following intensified diplomatic and trade engagements. The […]
Børge Brende, President of the World Economic Forum (WEF), has issued a stark warning about the potential formation of three major global economic bubbles that could reshape financial markets and trigger economic instability in the coming months. Speaking at a press conference in São Paulo, Brazil’s financial hub, Brende cautioned that artificial intelligence (AI), cryptocurrency, […]
When a nationalised bank in Maharashtra sold a life insurance policy to a 90-year-old man with an annual premium of...
Artificial intelligence has officially crossed a new threshold. For the first time, an AI system specifically AI voice agents can...
Across Nigeria, Ghana, Kenya, and Uganda, a clear investment message is emerging: property has become the most preferred asset class,...
China’s government bond market has entered a critical phase, with the yield on the country’s benchmark 10-year sovereign bond slipping...
