First Independent Mena Newspaper
A new credit rating agency designed to address the needs of sovereign borrowers in Africa, and led by an African Union (AU) Commissioner, is on track to be launched in 2025, according to a senior AU official. Speaking with reporters in Accra, the AU Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, Albert Muchanga, […]
Some 130 leaders from Africa and other world’s regions have gathered in China for a two-day meeting organized by the Chinese government that marks the 10th anniversary of its Belt and Road Initiative (BRI). The summit that kicked off on Tuesday (17 October) is the third BRI Forum for international cooperation. Launched a decade ago, […]
The African Continental Free Trade Area (AfCFTA), the African Union’s flagship project for the continent’s economic integration, came into effect on Thursday with the aim of increasing intra-African trade by 60% before 2022, announced the AU. The African Union (AU) hopes the agreement will create a continental $2.5 trillion market of 1.2 billion people and […]