Hezbollah

Namibia, first African country to export red meat to US market

Namibia has become the first African country to export red meat to the United States, following nearly two decades of negotiations. “We’re able to finally export meat to the lucrative and big US market,” Namibia’s minister of international relations, Netumbo Nandi-Ndaitwah, said. The state-owned meat firm Meatco sent a shipment of 25 tons of beef […]

Intra-Africa trade remains ‘difficult’ amid forex shortage, poor infrastructure — Standard Bank’s report

Intra-country trade in 10 key African countries remains difficult amid currency volatility and international capital flight, as business struggle to find the foreign currency, most notably the dollar, needed to pay for imports, according to the 2023 Standard Bank Africa Trade Barometer (ATB). The key finding in the study conducted by Standard Bank, Africa’s largest […]

J.P. Morgan Includes Morocco in Its ‘frontier’ Local Currency Debt Index

J.P. Morgan has placed Morocco among the core countries set to receive some of the highest weightings in its new GBI-EM Edge index, which tracks local-currency sovereign bonds across 26 frontier market economies. The international financial services firm will launch by end of September its “Government Bond–Emerging Market Index” (GBI-EM) covering almost $ 330 billion […]