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Afreximbank Global Trade Bank EVP Haytham ElMaayergi 0824

Afreximbank will double intra-African trade financing to $40bn by 2026

By: Schalk Burger     12th August 2024 Trade finance institution the African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from $20-billion in... 

Unemployment

Global youth unemployment in decline and seen falling further, report finds

By: Reuters     12th August 2024 Youth unemployment worldwide last year dipped to a 15-year-low and is likely to continue falling through 2025, although weaker growth means Asia... 

Ethiopia's securities exchange to start operations in October - media

By: Reuters     8th August 2024 Ethiopia's securities exchange is expected to start operations in October, its chief executive was quoted as saying by state-affiliated media on... 

More African News

Ukraine says Niger's move to cut relations is 'regrettable'

By: Reuters     8th August 2024 Ukraine's foreign ministry said on Thursday Niger's decision to cut diplomatic ties with Kyiv was "regrettable" and that Kyiv saw the move as based... 

Egypt's inflation slows to 25.7% in July

By: Reuters     8th August 2024 Egypt's annual urban consumer price inflation slid to 25.7% in July from 27.5% in June, a rate of decline faster than analysts had forecast, the... 

Image of Tedros Ghebreyesus

WHO elevates mpox outbreak response

By: Thabi Shomolekae     8th August 2024 With the African region facing an unprecedented surge in mpox cases, the World Health Organization has elevated its outbreak response to the... 

Comoros president grants sweeping new powers to his son

By: Reuters     7th August 2024 Comoros President Azali Assoumani has granted sweeping new powers to his son, Nour El Fath, allowing him to intervene at all stages of government... 

Kenyan flag

Kenyan economic growth seen steady at 5.5% in 2025, central bank says

By: Reuters     7th August 2024 Kenya's economy is projected to grow 5.5% in 2025, at a similar rate to this year's 5.4% growth, central bank Governor Kamau Thugge said on... 

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