Africa Business Emerging Markets International

Africa adapts to economic headwinds amid tariffs, regional tensions

African economies are pivoting strategies in response to renewed U.S. tariffs, leadership transitions, and escalating regional conflicts, forcing a recalibration of trade relationships across the continent. The Trump administration’s tariff policies have particularly impacted countries that have historically benefited from the African Growth and Opportunity Act (AGOA), which provided preferential access to U.S. markets. Nations […]

Business Egypt Emerging Markets

Egypt reveals $800 million monthly loss in Suez Canal revenues due to regional tensions

Egyptian President Abdel-Fattah El-Sisi disclosed that the country is losing approximately $800 million per month in revenue from the Suez Canal due to the ongoing regional tensions. He made this announcement during the annual Iftar banquet hosted by the Armed Forces. El-Sisi reflected on the challenges faced by Egypt over the past 15 years, highlighting […]

Africa Americas International

Congo, Rwanda leaders agree to direct talks to end regional tensions

Democratic Republic of Congo and Rwanda have agreed to begin talks to ease the tensions between the two countries in eastern Congo, US Secretary of State Antony Blinken said on Thursday (11 August). Speaking in Rwanda’s capital Kigali, Blinken said the presidents of Rwanda and DR of Congo, Paul Kagame and Felix Tshisekedi, who have […]