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Poor transport Infrastructure in Africa hinders trade growth — World Bank report

High transport costs across Africa continue to hinder regional integration on the continent since large-scale transport infrastructure investments require huge investments, according to a recent World Bank report titled ‘How Does Infrastructure Support International Trade?’ The World Bank report argues that global trade has contributed to economic growth and poverty reduction in the past three […]

Botswana’s record-breaking diamond: A Gem of historic proportions

In a discovery that has sent shockwaves through the gemstone world, a massive 2,492-carat diamond has been unearthed in Botswana, potentially claiming the title of the second-largest gem-quality diamond ever found. This extraordinary find has not only captivated diamond enthusiasts but also highlighted Botswana’s growing prominence in the global diamond industry. The gem, recovered from […]

President Trump hits Algerian & Tunisian regimes with higher tariffs

President Donald Trump has slapped the Algerian and Tunisian regimes with higher tariffs reaching respectively at least 30% and 25% and warned them that any reprisals would draw tougher counter-measures. In separate letters sent to Presidents Abdelmajid Tebboune of Algeria and Kais Saied of Tunisia, Trump notified them that the new higher tariffs take effect […]