The European Union should work together with African countries to reform the World Trade Organization’s (WTO) subsidy rules as a way to tackle the global distortions of China’s state capitalism, the German Economic Institute (IW) argues in a new report. The research report entitled ‘Reforming WTO’s Subsidy Rules: a New Opportunity to Tackle the Global […]
Libya’s state-run oil company, National Oil Corporation (NOC), plans to increase oil production to 2 million barrels per day as most of the country’s oil fields resume operations. Chairman of NOC, Farhat bin Qadara, said a medium-term plan will be outlined to achieve this goal, which will extend from three to five years and that […]
Ghana’s drive to expand industrial capacity and move up the value chain delivered a record performance in 2025, with non traditional exports surging as cocoa processing and other value added products led growth, official data showed. Non traditional exports – outside commodities – rose to about $2.42 billion in 2025, a 53% jump from roughly […]
