The Nigerian equities market has once again captured headlines, with its capitalization soaring past the N82 trillion mark (approximately $53 billion, based on prevailing exchange rates) on Thursday. This remarkable surge, driven by a sustained rally in bellwether stocks, underscores a period of heightened investor confidence and strategic positioning within Africa’s largest economy. The Nigerian […]
In a strategic move set to significantly bolster its food security and reduce a hefty import bill, Kenya has embarked on a groundbreaking partnership with the Republic of Korea to dramatically boost local rice production. This collaboration, spearheaded by the Kenya Agricultural and Livestock Research Organisation (KALRO) and Korea’s Rural Development Administration (RDA) through its […]
Despite a complex global landscape marked by persistent uncertainties and mounting external pressures, China’s economy has demonstrated remarkable resilience, achieving a steady and robust growth of 5.3 percent year-on-year in the first half of 2025. This impressive performance, confirmed by data released Tuesday by the National Bureau of Statistics (NBS), underscores the nation’s strategic pivot […]
Angola, long recognized as a powerhouse in African oil production, is now poised to emerge as a significant player in the global natural gas sector following a groundbreaking discovery in the offshore Lower Congo Basin. The exploration well, named “Gajajeira-01,” has uncovered substantial natural gas reserves and associated condensates, signaling a pivotal shift in the […]
Kenya is embarking on a bold and transformative economic journey, with its Special Economic Zone (SEZ) program taking center stage as a key driver for attracting both local and international investment. At the forefront of this ambitious agenda is Tatu City, the sprawling 5,000-acre mixed-use development, which the government has lauded as the quintessential blueprint […]
Japan’s financial markets are experiencing significant turbulence as the nation’s benchmark 10-year government bond yield surged to its highest level since 2008 on Tuesday. This dramatic climb, alongside record highs for 30-year and multi-decade highs for 20-year Japanese Government Bonds (JGBs), signals mounting investor apprehension. The primary catalyst for this unease? Growing concerns over potential […]
South Africa has officially lifted its import ban on live poultry and poultry products from Brazil. The decision, follows the successful containment of a Highly Pathogenic Avian Influenza (HPAI) outbreak in Brazil’s Rio Grande do Sul state, a critical poultry-producing region. This resolution comes after a series of intensive bilateral discussions and a thorough review […]
Kenyan consumers are bracing for a substantial increase in the cost of living following a major announcement by the Energy and Petroleum Regulatory Authority (EPRA). In its latest monthly review, EPRA revealed a significant upward adjustment in the retail prices of Super Petrol, Diesel, and Kerosene, effective from Monday, July 15, to Thursday, August 14, […]
After months of navigating choppy economic waters, the United Kingdom’s economy is showing definitive signs of revitalization, spearheaded by a significant surge in retail sales during June. This upturn provides the clearest indication yet that the British economy is beginning to gain crucial traction, offering a much-needed breath of fresh air for businesses, consumers, and […]
A monumental undertaking spanning two East African nations, the East African Crude Oil Pipeline (EACOP) project is now entering its critical final phase, a “12-month sprint” that promises to usher Uganda into the exclusive club of oil-exporting countries by the second half of 2026. With approximately $3.6 billion already invested, this ambitious cross-border infrastructure project […]
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...
