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magazine

Economy

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WTO Raises Forecast for 2025 Trade Growth to 2.4% from 0.9%, Pointing to AI Boom and Robust Developing-World Trade
10 Oct
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WTO Raises Forecast for 2025 Trade Growth to 2.4% from 0.9%, Pointing to AI Boom and Robust Developing-World Trade

The WTO increased its 2025 goods trade growth prediction from 0.9% to
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EU boosts Rwanda’s vaccine production and economic inclusion by €95 million
10 Oct
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EU boosts Rwanda’s vaccine production and economic inclusion by €95 million

The European Union (EU) has committed a new €95 million (more than
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Meta and Nigeria Reach a $32.8 Million Settlement Regarding a Data Privacy Breach
09 Oct
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Meta and Nigeria Reach a $32.8 Million Settlement Regarding a Data Privacy Breach

Meta consents to pay the Data Protection Commission of Nigeria $32.8 million
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Ivory Coast tracks 40% of its cocoa beans while the EU delays a law to stop trees from being cut down – report
09 Oct
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Ivory Coast tracks 40% of its cocoa beans while the EU delays a law to stop trees from being cut down – report

Leading cocoa producer Ivory Coast was able to track the origin of
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An study found that Congo mining companies lied about $26.8 billion in income
09 Oct
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An study found that Congo mining companies lied about $26.8 billion in income

A state study found that mining companies in the Democratic Republic of
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Algeria wants to cut its budget gap by 35% in 2026, even though it has higher spending plans
09 Oct
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Algeria wants to cut its budget gap by 35% in 2026, even though it has higher spending plans

Algeria’s budget bill indicates that, while adopting a record-high spending plan intended
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Kenya lowers interest rates by converting $3.5 billion in Chinese loans into yuan
08 Oct
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Kenya lowers interest rates by converting $3.5 billion in Chinese loans into yuan

Kenya’s Finance Minister John Mbadi announced on Tuesday that the country had
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The central bank of Kenya lowers the policy rate since inflation is well within goal
08 Oct
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The central bank of Kenya lowers the policy rate since inflation is well within goal

Kenya’s central bank lowered its main lending rate for the eighth meeting
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Nigeria plans to raise $2.8 billion through fresh loans and the debut of global sukuk
08 Oct
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Nigeria plans to raise $2.8 billion through fresh loans and the debut of global sukuk

Nigerian President Bola Tinubu asked parliament on Tuesday to approve new loans
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Nduhungirehe on why the business deal between Rwanda and DR Congo wasn’t signed
08 Oct
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Nduhungirehe on why the business deal between Rwanda and DR Congo wasn’t signed

Foreign Minister Olivier Nduhungirehe praised the work of the Rwandan and DR
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