East African central banks are being forced to hike interest rates to contain renewed inflationary pressures emanating from surging shipping and insurance costs due to the disrupted crucial trade routes between Europe, the Middle East, and Asia in the Red Sea. The ongoing Red Sea crisis, involving attacks by the Iran-supported Houthi group based in […]
Exports of thermal coal from the US to Africa increased 60% in the first half of this year to 5.3 million tons, compared with 3.1 MMst in the same period in 2023, the International Energy Agency said. In the first half of 2024, U.S. exporters shipped virtually all (98%) of this thermal coal to Egypt […]
Olive oil export revenues in Tunisia increased eight-fold in the first half of 2015, reaching €591.3 million, an impressive performance that leaves Tunisian olive oil professionals upbeat over the future. Last year, production increased five-fold in the North African country which claimed the title of the world’s second-largest olive oil producer for the first time, […]
