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…
US President Donald Trump said the deal had been negotiated over the last four to five months. Published On 20 Oct 202520 Oct 2025 Click here to share on social media share2 Share United States President Donald Trump and Australian Prime Minister Anthony Albanese have signed an agreement on rare earth and critical minerals as…
As global attention increasingly shifts toward Africa’s demographic and economic rise, South Africa prepares to take center stage by hosting the G20 Leaders’ Summit on November 22-23, 2025. The event marks the culmination of South Africa’s historic G20 Presidency–an unprecedented milestone as the first and potentially only time an African nation will lead the influential…
The Africa Trade Gateway (ATG), a pioneering digital trade ecosystem designed to revolutionize Africa’s trade, has launched an initiative for national adoption awareness in Rwanda, marking a significant milestone in the continent’s economic integration journey. A collaboration between African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat, the ATG…
Over the past two decades, economic strength, trade flows, technological leadership and even consumer demand have been moving steadily from west to east. This transformation is redrawing economic maps. It is also raising urgent questions about co-operation, competition and inclusion in a multipolar world. Lecturer in economics and finance Arno van Niekerk answers questions about…
As global financial headwinds continue to squeeze emerging markets, Africa’s trade finance gap, estimated at up to $100 billion annually, will once again come under the spotlight. To help close this gap, Afreximbank will host the 25th edition of its flagship Trade Finance Seminar (ATFS2025) in Abidjan from November 4-6, 2025. The discussions will explore…
The European Union’s plan to hike tariffs on steel imported over and above its annual threshold could tip the United Kingdom’s steel industry into its worst crisis in history, industry leaders have warned. On Tuesday, the European Commission proposed that the 27-member bloc would slash its tariff-free steel import quota by 47 percent to 18.3…
JOHANNESBURG, South Africa, Oct 7 2025 (IPS) – The World Bank’s 1981 Berg Report provided the blueprint for structural adjustment, including economic liberalisation in Africa. Urging trade liberalisation, it promised growth from its supposed comparative advantage in agriculture. Berg promises Accelerated Development in Sub-Saharan Africa: A Plan for Action by Professor Elliot Berg blamed government…
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were mixed Wednesday, following gains on Wall Street as investors appeared unperturbed by the U.S. government shutdown. Spot gold prices hit a fresh record…
In today’s global economy, trade remains the most significant glue that binds nations together. It is the foundation upon which the prosperity of our interconnected world rests. A single pencil, before it reaches a classroom in Kigali, may have travelled across multiple continents, passing through dozens of supply chains. This simple object illustrates globalisation’s promise:…
