European Parliament

Somalia formally joins East Asian Community but enormous security challenges remain

Somalia has finally been admitted to the East African Community (EAC) as its eighth member, thirteen years after its original application to join, as the economic bloc seeks to expand free trade across the region. Somalia was officially admitted to the East African Community (EAC) at the Summit of the East African Community (EAC) Heads […]

Living on the edge in sub-Saharan Africa — IMF report

Sub-Saharan Africa’s economic activity is expected to slow significantly in 2022 and remain relatively modest in 2023 and looking ahead, the outlook remains highly uncertain, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook for Sub-Saharan Africa. A downturn in advanced economies and emerging markets, tighter financial conditions, and volatile commodity prices, […]

US-Africa Leaders Summit: evaluating progress made six months on

US special presidential representative has reassured that the global superpower remained committed to maintaining strong trade ties with the African continent, something the Biden administration believed faltered with Trump’s presidency. The special presidential representative for the United States-Africa Leaders Summit, Johnnie Carson, made these comments Tuesday (13 June) as a way to reassure America’s African […]