Carbon taxes, which the EU braces to impose, could slash by up to 10% South African exports, the central bank warned. The warning comes as the South African economy navigates tumultuous waters, with the flight of foreign investors, corruption, insecurity and electricity outages. The country produces 80% of its electricity from coal and is seeking […]
Intra-African trade, still beyond potential, is poised to grow two-fold in the upcoming five years, secretary general of the African Continental Free Trade Area, Wamkele Mene, said. The African Continental Free Trade Area (AfCFTA) is the world’s largest free trade agreement by number of countries, territory, and population, encompassing 54 African Union member states. Covering […]
More than 37 people died and over 200 others were injured due to dozens of wildfires in Algeria’s east, triggering backlash at a government that failed to acquire the necessary means to extinguish forest fires. The tragedy is a déjà-vu in a country where over 200 people, mostly in the restive Kabylie region, lost their […]
