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WTO warns Africa risks missing AI trade boom without urgent digital reforms

The World Trade Organization (WTO) has warned that Nigeria and other African economies risk being excluded from the next wave of global trade unless they urgently invest in digital infrastructure, skills, and AI governance. According to the WTO’s 2025 World Trade Report, artificial intelligence (AI) could boost global trade by up to 37% by 2040, […]

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Morocco, Rwanda join 12 other WTO member states to support open and fair trade

In a bold step to safeguard global trade from rising protectionism, fourteen small and medium-sized countries, including Morocco and Rwanda, have officially launched the Future of Investment and Trade (FIT) Partnership, a new international alliance aimed at promoting open markets, attracting investment, and addressing modern trade challenges. Announced during a virtual ministerial meeting attended by […]

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Nigeria should stop depending on oil, gas revenues — WTO chief

The World Trade Organization chief has urged Nigeria to see alternative revenue sources as the oil and gas industry becomes less lucrative. Speaking during a recent function in Abuja, Ngozi Okonjo Iweala, Director-General of the WTO, has advised incoming governors to stop depending on crude oil and diversify the sources of revenue in their domains. […]

Energy Headlines

African leaders slam West’s no-show at climate adaptation summit

Several African leaders have slammed wealthy countries responsible for most CO2 emissions for their absence at the Africa Adaptation Summit that was held in Rotterdam (5 September). Speaking at the Africa Adaptation Summit in the Dutch port city, which comes two months before the crucial COP27 climate conference in Egypt in November, Senegalese President and […]

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Morocco rejoices at appointment of first woman, first African as WTO Director-General

Morocco has expressed satisfaction at the appointment of Nigerian Ngozi Okonjo-Iweala at the head of the World Trade Organization (WTO), as it is the first time that a woman from an African developing country is at the helm of the organization. The Nigerian Ngozi Okonjo-Iweala was appointed Director-General of the World Trade Organization (WTO) during […]

Business Emerging Markets

President Hollande : France ‘Must Double’ Trade with Africa

“France must double its trade with Africa,” Hollande called on French business leaders during a major conference of French and African business leaders in Paris on Wednesday (4 December). If France can manage to achieve this, some 200,000 jobs will be created in France over the next five years. Hollande’s comments came ahead of a […]