Protestant church in Pansi

Libya: Jordan wants PC to take control of embassy

The Jordanian Government has called on the UN-backed Libyan Presidency Council (PC) to appoint a new ambassador to Amman as the Middle East country and the entire Arab League members have vowed to cut ties with east-based rival government. Libya’s embassy in Amman is controlled by the Beida government opposed to the UN-backed PC led […]

Rising borrowing costs threaten growth in Africa’s three largest economies

Governments and businesses in Nigeria, Kenya, and South Africa are grappling with sharply rising borrowing costs, a trend that poses serious risks to economic growth across Sub-Saharan Africa, according to a new report by Moody’s Ratings. Over the past five years, debt servicing costs have surged in all three economies due to weak policy frameworks, […]

Africa pivots from Europe and North America to Asia on trade — reports

Over the past two decades, Africa’s trade partnerships have significantly shifted away from Europe, with Asia emerging as the primary trading partner, a recent analysis by Mo Ibrahim Foundation noted, whereby this development is underpinned by high‑growth corridors both between African regions and with regions beyond including Asia and the Middle East, according to a […]