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Africa

Africa: Geopolitical Shocks Drag Markets As Oil Surges and Volatility Returns

eriinfo.com2 months ago03 mins

TLDR The BRVM Composite Index rose 1.36% to 306.17 last week, sustaining momentum above the 300-point threshold despite broader global volatility Gains were driven by Palm (+20.38%) and Servair (+10.84%), while the BRVM 30 added 1.26% Global equities pulled back sharply. The S&P 500 fell 0.47%, the Nasdaq 0.79%, and the Dow 1.07%, as geopolitical…

Africa

Africa: Opinion | As the Us Raises Tariffs, China Opens Its Markets to Africa

eriinfo.com2 months ago07 mins

In the ever-shifting theatre of global trade, two major powers have made their moves–one with threats, the other with opportunity. As Africa faces looming tariffs from the United States, China has chosen a different approach: opening its doors to all 53 African nations with which it has diplomatic relations. Announced at a recent China-Africa cooperation…