Nigeria has called on African nations to rethink their collective approach to global trade, warning that no country on the continent can thrive in isolation amid shifting economic pressures. Speaking at the 2nd African Cassava Conference in Abuja on Monday with the theme, “Building Sustainable & Quality Driven Cassava Industries in Africa,” the Minister of…
A broadcast screen at the Bombay Stock Exchange (BSE) in Mumbai, India, on April 3, 2025, displays news of U.S. President Donald Trump announcing sweeping new trade tariffs. Nurphoto | Nurphoto | Getty Images India’s goods trade deficit hit an all-time high of $41.7 billion in October as gold imports surged on festive season demand,…
Tobacco remains a cornerstone of many African economies, yet several countries in the region continue to grapple with major public health threats linked to tobacco use. This has created a persistent conflict between economic dependence on tobacco and the urgent need to protect public health. Zimbabwe remains the continent’s largest producer of flue-cured tobacco, with its…
Abidjan, Côte d’Ivoire – 4 November 2025 – Speaking at the opening of the 25th Afreximbank Trade Finance Seminar (ATFS) in Abidjan, Ms Gwen Mwaba, Managing Director for Trade Finance and Correspondent Banking at Afreximbank, called for stronger trade finance capabilities and deeper collaboration among African financial institutions to accelerate inclusive and sustainable growth across…
Pedestrians are reflected in a window as electronic boards display stock information at the Australian Securities Exchange, operated by ASX Ltd. on Aug. 6, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Asia-Pacific markets traded mixed Tuesday in the absence of any major triggers, after two key Wall Street…
China will begin easing an export ban on automotive computer chips vital to production of cars across the world as part of a trade deal struck between the US and China, the White House has said. The White House confirmed details of the deal in a new fact sheet after Xi Jinping and Donald Trump…
Bern, Switzerland — President Cyril Ramaphosa says South Africa is hopeful of reaching a trade agreement with the United States soon, following ongoing text-based negotiations aimed at addressing the impact of steep tariffs imposed under the Trump administration. Speaking during a media briefing in Bern, Switzerland, on Wednesday, where he is undertaking a State Visit,…
US President Donald Trump and China’s President Xi Jinping have met for talks in South Korea, their first meeting since 2019. Topics of discussion included the drug fentanyl and rare earths, according to Trump, while China says the meeting saw the leaders reach a consensus to resolve “major trade issues”. The BBC’s Laura Bicker explains…
Gyeongju, South Korea – As US President Donald Trump and Chinese leader Xi Jinping prepare to meet for the first time since 2019, Washington and Beijing appear poised to reach a deal to lower the temperature of their fierce rivalry. But while Trump and Xi are widely expected to de-escalate US-China tensions in South Korea…
Cairo — The new President unveiled a strategy aimed at breaking the continent’s economic dependence. The African Export-Import Bank (Afreximbank) opened new chapter with the inauguration of Dr. George Elombi as President and Chairman of the Board of Directors. The ceremony, which formalized the transfer of leadership from Professor Benedict Oramah ‘s decade-long tenure, was…
