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Kenya moves closer to seal EPA deal with EU, while also seeking $1bn loan from China
As Kenya is moving closer to sealing an Economic Partnership Agreement (EPA) with the European Union, the East African economic powerhouse has also announced the possibility of a $1bn loan from China that could be used to help pay off a $2bn Eurobond repayment that is due in June next year. Kenya’s economic partnership deal […]
Foreign investments in Africa decline 3% in 2023- UNCTAD
Foreign investment flows to Africa dropped by 3% in 2023 to $53 billion, despite an increase in investments in green energy projects, the UN Conference on Trade and Development (UNCTAD) said. While Egypt and South Africa drove the overall investment trend in the continent, countries such as Morocco and Mauritania are expected to benefit from […]
UN body exposes Algeria’s trading with Israel soaring to over $32 Mln in 2024
The fake Algerian populist rhetoric and inflammatory statements against Israel have been exposed by United Nations COMTRADE database which showed Algeria’s exports to Israel increased to $32.29 in 2024. The hypocrite Algerian regime lambasts Arab countries which have normalized relations with Tel Aviv but it is covering up its growing commercial ties with Israel. Officially, […]



