Dado Ruvic/Reuters Lithium prices in China surged on Thursday after Zimbabwe suspended raw mineral exports, sparking concerns over supply disruptions, at a time when growing energy storage demand is projected to drive a boom in the market. The most traded lithium carbonate contract on the Guangzhou Futures Exchange jumped 6.07% to C¥178 020 (US$26 043.45) a metric…
Lithium prices in China spiked on Thursday following Zimbabwe’s sudden suspension of raw mineral exports. The move has ignited significant supply chain anxieties at a critical juncture, as the rapidly expanding energy storage sector continues to drive a massive market boom. Read: Samsung launches Galaxy S26 and S26+ with refined design The impact was immediately…
The World Bank has cautioned that the expiration of the United States’ African Growth and Opportunity Act (AGOA) in late 2025 poses a serious threat to African exports, warning that the loss of preferential access to the U.S. market could undermine economic growth in several Sub-Saharan African countries at a time when the region’s recovery…
Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth…
Africa is the world’s most endowed continent in agricultural potential, yet it remains a marginal player in global agribusiness. This paradox lies at the heart of Africa’s development challenge. Africa’s land accounts for nearly half of the global total. Most of it can be used for growing crops. It is also largely unprotected, and not…
End last month, the United Nations Economic Commission for Africa (UNECA) in Eastern Africa published a press release indicating that, among others, eastern African exports are demonstrating remarkable resilience amid global trade turbulence, defying expectations of decline following sweeping US tariffs and persistent geopolitical uncertainty. Data from UNECA, it says, reveals that several countries in…
Addis Abeba — The Ministry of Trade and Regional Integration has announced that Ethiopia will commence duty-free exports to member states of the African Continental Free Trade Area (AfCFTA) on Thursday, 9 October 2025. The move marks the country’s first official export operation under the AfCFTA framework. Speaking at a press briefing in Addis Abeba…
As global trade dynamics shift and protectionist policies re-emerge, South Africa finds itself facing a significant economic hurdle: new 30% tariffs imposed by the United States on selected South African exports. These tariffs threaten not just the competitiveness of our goods abroad, but the stability of key domestic industries – particularly manufacturing and agriculture. With…
New York — Two-thirds of the developing world, or ninety-five out of 143 economies, are dependent on commodities for export value, making up 60 percent of their merchandise exports. For the least developed world, this number rises to 80 percent, leaving entire nation’s revenue vulnerable to price swings, fiscal shocks, and evolving trade compositions. Hidden…
Walvis Bay — Walvis Bay Salt Holdings has strengthened its foot hold in Africa after shifting away from the United States (US) market following fresh tariffs introduced earlier this year by US president Donald Trump. The tariffs brought Namibia’s largest salt producer and exporter to the US to a complete standstill. Walvis Bay Salt Holdings…
