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The African currency rollercoaster ride: struggling against super-strong US dollar

As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to inflationary pressures. With around half of all international trade invoiced in dollars, a stronger greenback hurts consumers across the world — including in Africa — that use dollars to pay […]

AFCON-2025, Morocco’s Springboard to become Global Football Powerhouse – Media

The 2025 Africa Cup of Nations (AFCON) to start this Sunday in Morocco is a crucial stepping stone in the country’s ambitious journey to become a global football powerhouse and a significant dress rehearsal for its co-hosting duties at the 2030 World Cup, says British newspaper “The Independent”. The North African nation, which reached the […]

China donates 1,042 tons of rice to Cape Verde

A total of 1,042 tons of rice donated by China will be distributed free of charge to social and health institutions, arriving this month, to mitigate the effects of the price escalation, according to a resolution approved by the Council of Ministers. “Taking into account the situation experienced by many families, the aforementioned food aid […]