PARIS, FRANCE – JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France. Li Yang | China News Service | Getty Images Europe wants to narrow its record trade deficit with China by October, but the bloc’s worst-ever heat wave is…
FILE PHOTO: US President Donald Trump arrives to deliver a statement along with Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau, on the signing of a new free trade agreement in Buenos Aires, on November 30, 2018, on the sidelines of the G20 Leaders’ Summit. Saul Loeb | AFP | Getty Images…
Standard Bank has become the first African-based lender authorised to clear renminbi transactions on the continent, a step that deepens the financial plumbing connecting Africa to China and moves more of their trade off the US dollar. The bank, the largest in Africa by assets, said on Friday it had been jointly authorised with the…
Triangular cooperation is increasingly shaping discussions on how to accelerate development and integration across the Global South, particularly in efforts to deepen intra-African trade. The model brings together developing countries working through South-South cooperation, supported by a third partner such as a development agency, international organisation, or developed country. ALSO READ: UNDP sees South-South cooperation…
New FAO Report: Seafood trade soars to record $184bn, but sustainability gap widens Aquaculture now provides 53 percent of total aquatic animal production and over 59 percent of aquatic animal food output. PHOTO/FAO. By PATRICK MAYOYO Aquatic animal products have reached a new economic peak, with trade soaring to $184 billion and matching the scale…
The transatlantic slave trade was a multilayered, highly commercialised global enterprise that lasted from the early 1500s to the mid 1800s. The events over this period are far too complex to fit into a straightforward perpetrator-victim narrative. While the trade catastrophically dehumanised and commodified over 12.5 million Africans, it was not just an external conquest….
“Today, everyone recognises that trade is as much a security issue as an economic one.” European Central Bank president Christine Lagarde made this comment in February 2026, while addressing the Munich Security Conference. Although she was speaking about Europe, her words matter profoundly for Africa. The continent’s 54 economies face a three-way tension that has…
58m ago CENTCOM says it intercepted more Iranian missiles Iran shot seven ballistic missiles toward Kuwait and Bahrain, the U.S. military’s Central Command said in a statement late Friday night, in the latest back-and-forth between Iran and the U.S. and its Gulf allies despite a ceasefire. Six of the missiles were intercepted and one…
ABUJA – The Federal Government has presented the Africa Quality Mark (AQM) certification to 131 companies for 220 made-in-Nigeria products, reiterating its commitment to supporting industrial expansion and export growth. This forms part of efforts to strengthen the competitiveness of Nigerian goods in regional and continental markets under the African Continental Free Trade Area (AfCFTA)…
Midrand, South Africa — President William Ruto has challenged African businesses and entrepreneurs to stop looking overseas for markets and begin trading more aggressively in Africa. The President noted that Africa’s market is increasingly becoming the next biggest frontier for trade and investment, and innovation in the world. Addressing a joint Kenya-South Africa Business Forum…
