IMF Chief Kristalina Georgieva

Slovak company plans to assemble electric cars in Nigeria

Sirieco, a Slovak company plans to set up a plant in Nigeria, to assemble electric cars and manufacture the new-generation incandescent bulbs, the company’s CEO Groidis Peter announced during a recent visit to the West African nation. The plant will be located at Calabar in Cross River State, southeast Nigeria, Groidis Peter said. The Governor […]

China-Africa Expo: despite many ‘deals’, 37 African countries still in trade deficit

As the third China-Africa Economic and Trade Expo (CAETE) concluded in Changsha on Sunday June 2, with $10.3 billion worth of projects signed, analysts say that the economic cooperation between both sides will need to build on past lessons and successes to really reshape China-Africa trade. With bilateral trade between China and Africa totaling $282 […]

Tunisia: President extends state of emergency despite calls to end it

Tunisian President Kais Saied Monday extended the state of emergency in place since November 2015 despite recent calls by several groups to end it. The President made the decision following consultations with outgoing Prime Minister Youssef Chahed and Speaker of the Parliament Rached Ghannouchi, a statement from his office said. The new decision will come […]