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magazine

Economy

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Chinese factory owners cut wages and costs to withstand competition and tariffs
13 Aug
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Chinese factory owners cut wages and costs to withstand competition and tariffs

Excerpt: As US tariffs and competition reduce earnings, Chinese firms cut wages
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Musk claims that xAI will sue Apple for its ranking practices in the App Store
13 Aug
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Musk claims that xAI will sue Apple for its ranking practices in the App Store

Elon Musk has declared that his artificial intelligence firm, xAI, intends to
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A Kenyan protester attempts to prevent the opening of a new Ritz-Carlton safari lodge
13 Aug
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A Kenyan protester attempts to prevent the opening of a new Ritz-Carlton safari lodge

Tented suites with private decks overlooking a river that migratory wildebeest traverse
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South African unemployment rate is rising, underscoring the coalition issue
13 Aug
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South African unemployment rate is rising, underscoring the coalition issue

South Africa’s unemployment rate increased for the second consecutive quarter, according to
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De Beers reports the discovery of kimberlite in Angola
13 Aug
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De Beers reports the discovery of kimberlite in Angola

De Beers announced on Tuesday that it has made its first find
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Ethiopia’s new airport will receive $500 million from the AfDB
12 Aug
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Ethiopia’s new airport will receive $500 million from the AfDB

A new airport in Ethiopia would be financed with $500 million from
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Kenya abandons the Adani contract and turns to development banks for airport expansion
12 Aug
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Kenya abandons the Adani contract and turns to development banks for airport expansion

Kenya has asked foreign development lenders to help pay for a $2
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The Dangote refinery brings in 4,000 gas-powered cars to deliver fuel to homes and businesses in Angola
12 Aug
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The Dangote refinery brings in 4,000 gas-powered cars to deliver fuel to homes and businesses in Angola

The Dangote Refinery in Nigeria is bringing in 4,000 natural gas-powered trucks
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China’s debt payments are dwarfed by those of emerging nations to private lenders
12 Aug
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China’s debt payments are dwarfed by those of emerging nations to private lenders

Research reveals that the foreign debt payments made by lower-income nations to
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Ecobank, a pan-African lender, is hopeful about the second half, according to its CEO
12 Aug
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Ecobank, a pan-African lender, is hopeful about the second half, according to its CEO

The chief executive of Ecobank (ETI.LG), a pan-African lender, stated that the
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