A new report from the United Nations University Institute for Natural Resources in Africa (UNU-INRA) confronts one of the most urgent questions of our time: how can Africa navigate the global green transition while safeguarding development, ensuring justice, and protecting sovereignty? The comprehensive study, Counting the Cost: From Extraction to Green Transition – Tackling the […]
Kenya has reaffirmed its commitment to pursuing a new program with the International Monetary Fund as the country seeks to navigate complex economic challenges while maintaining its influential role in regional security and peacekeeping operations. Foreign and Diaspora Affairs Cabinet Secretary Musalia Mudavadi outlined the government’s comprehensive strategy during a quarterly diplomatic briefing in Nairobi, […]
Turkey’s central bank delivered a measured 250 basis point reduction in its policy interest rate to 40.5% on Thursday, marking a cautious continuation of its monetary easing cycle amid mounting political risks and persistent inflation pressures. The Central Bank of the Republic of Turkey (CBRT) opted for a smaller cut than the 300 basis points […]
South Africa’s digital retail revolution is gaining unstoppable momentum, with online sales projected to exceed 130 billion rand ($7.42 billion) this year, representing a transformative shift that will see e-commerce capture 10% of total retail sales across the nation. This remarkable growth trajectory, revealed in a comprehensive study by World Wide Worx in collaboration with […]
The Africa MICE Summit 2025 has opened in Nairobi, bringing together leaders and stakeholders from across the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector, marking a significant milestone in Africa’s journey toward becoming a global business events powerhouse. Push boundaries, reach goals, achieve more. Whether it’s ACCA, HESI A2, ATI TEAS 7, HESI EXIT, NCLEX-RN, […]
The Japanese government announced Wednesday that it will permanently close all six of its economic centers in Russia, ending a 31-year program designed to foster business relations and support market reforms in the post-Soviet era, as bilateral relations deteriorate to their lowest point since World War II following Russia’s invasion of Ukraine. Push boundaries, reach […]
South Africa’s economy demonstrated signs of modest recovery in the second quarter of 2025, with GDP expanding by 0.8 percent after a sluggish 0.1 percent growth in the first quarter, Statistics South Africa (Stats SA) announced on Wednesday. The improvement signals a tentative rebound but remains well below the levels needed to address the country’s […]
Kenya has positioned itself as a potential mediator in the contentious Nile waters dispute while simultaneously announcing plans to expand its electricity imports from Ethiopia’s newly inaugurated Grand Ethiopian Renaissance Dam (GERD). Speaking as chief guest at the dam’s $5 billion launch ceremony on Tuesday, President William Ruto praised the project as a Pan-African achievement […]
China has returned to deflationary territory as the world’s second-largest economy continues to grapple with mounting challenges that threaten its growth trajectory. The official consumer price index contracted 0.4% year-on-year in August, marking a sharper decline than the 0.2% drop economists had forecast and representing the country’s slip back into deflation after remaining flat in […]
Ethiopia has officially inaugurated Africa’s largest hydroelectric dam on Tuesday, marking a transformative moment in the nation’s history while simultaneously deepening a diplomatic rift with downstream neighbors that has unsettled the entire region for over a decade. The Grand Ethiopian Renaissance Dam (GERD), a monumental $5 billion project 14 years in the making, reached its […]
Pakistan is entering a new chapter in its automotive history. For the first time since the country gained independence 77...
Finance ministers from the Group of Seven (G7) have agreed to delay any immediate release of oil from strategic reserves,...
Nextpower, a leading global provider of intelligent power generation technology and solutions for solar power plants, has reached an important...
HSBC has appointed Denise Odaro as its new Head of Sustainable Finance and Transition for Europe and the Americas, bringing...
