President Cyril Ramaphosa has called for stronger economic and investment partnerships between South Africa and Japan, highlighting the opportunities in critical minerals, renewable energy, agriculture and advanced manufacturing. Addressing the South Africa-Japan Business Forum on the sidelines of the Tokyo International Conference on African Development (TICAD) Summit in Yokohama on Thursday, the President said the…
The U.S. will impose a 15% tariff on imports of European cars, pharmaceuticals and other products, according to a joint statement announced Thursday by the Trump administration and European Union. The pact also calls for the 27-member EU to eliminate tariffs on all American industrial exports and to offer preferred terms for some seafood and…
Cheapside, London — Dean Adansi, Chief Executive Officer of Ghana International Bank (GHIB), has unveiled a financing blueprint aimed at breaking Africa’s dependence on raw commodity exports and driving investment into local value addition. Speaking to the BBC on the sidelines of GHIB CONVERGE 2025 in London, Adansi argued that Africa is losing billions of…
Nigeria has emerged as the leader in economic expansion and employment opportunities in Singapore’s deepening trade relationship with West Africa, which has seen an 85 percent rise to $7.47 billion from 2020 to 2024. A review of the growing collaboration between Singapore and West Africa shows Nigeria emerging as a key contributor. Analysis of data…
Students from Gurukul School of Art, carry a poster of Prime Minister of India Narendra Modi and U.S. President Donald Trump on India outside their school. U.S. President Donald Trump imposed a 25% tariff on India along with penalties for buying oil and military equipments from Russia. Sopa Images | Lightrocket | Getty Images A…
Algiers — Algeria will host on September 4-10 the 4th Intra-African Trade Fair (IATF 2025) with the ambition of making this event a real lever for boosting trade, attract investments and foster the economic integration of the continent. Organized under the theme “A gateway to new opportunities,” the trade fair is meant to be the…
Awaza, Turkmenistan — Once relegated to the periphery of Africa’s economic map due to their lack of coastline, the continent’s landlocked developing countries (LLDCs) are now reframing their geographic constraints as gateways to opportunity. At the Third United Nations Conference on Landlocked Developing Countries held this week in Awaza, Turkmenistan, the UN Development Programme (UNDP)…
Trapped by geography and squeezed by global market forces, the world’s 32 landlocked developing countries remain among the poorest – and most overlooked. At a major UN conference underway this week in Awaza, Turkmenistan, calls are growing to tackle the high trade costs, investment gaps and growing digital divide that continue to hold these countries…
ADDIS ABABA – Trade corridors, streamlined transit systems, and deeper regional integration are essential lifelines for Landlocked Developing Countries (LLDCs), United Nations Secretary-General António Guterres said. He made the remark recently at the opening of the Third UN Conference on LLDCs (LLDC3) in Awaza, Turkmenistan. In his address, Guterres urged world leaders to rethink global…
US President Donald Trump’s sweeping new tariffs on countries around the world have come into effect in an escalation of his trade war. “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!,” Trump said on social media minutes before the midnight deadline in Washington, DC. Earlier, the president…
