Tag: trade

Abu Dhabi hosts inaugural Global South Economic Forum amid calls for new economic order

June 19, 2025

The first Global South Economic Forum (GSEF) convened this week in Abu Dhabi, gathering over 100 delegates from more than 20 developing nations to chart ... Read More

Trump’s Africa pivot: trade over aid as U.S. unveils commercial diplomacy strategy

June 4, 2025

The Trump administration has launched a bold new strategy to reshape U.S.-Africa relations, shifting focus from aid to aggressive commercial engagement. Announced in Abidjan on ... Read More

Morocco-EU trade up 7% in 2024

April 25, 2025

Trade between Morocco and the EU grew by 7% in 2024 to 60 billion euros, the highest level since the two parties signed an association ... Read More

Africa caught in crossfire as China warns against U.S.-aligned trade deals

April 21, 2025

Amid a deepening U.S.-China trade war, Beijing has issued a stern warning to nations — particularly in Africa — not to strike trade deals with ... Read More

Trump announces sweeping global tariffs, targeting also 51 African nations

April 3, 2025

US president Donald Trump has unveiled a controversial new tariff policy, imposing sweeping duties on imports from over 180 countries, including 51 African nations. The ... Read More

Poor infrastructure hampering intra-Africa trade, report finds

April 2, 2025

A recent report by the Mauritius Commercial Bank Group has highlighted the significant barriers posed by Africa’s inadequate transport and logistics infrastructure, which continue to ... Read More

DP World appoints Mota-Engil to develop DRC’s first deep-water Banana Port

March 24, 2025

DP World has appointed Portuguese construction giant Mota-Engil to oversee the development of the Banana Port, the Democratic Republic of Congo's (DRC) first deep-water maritime ... Read More

Experts urge African nations to shift to local currencies for trade and transactions

March 21, 2025

Experts at a recent 57th Conference of African Ministers of Finance emphasized the need for African governments to prioritize local currencies for trade and transactions. ... Read More

Sudan blocks all Kenyan imports amid growing tensions over Nairobi-based RSF ‘parallel’ gov’t

March 17, 2025

Sudan has imposed a complete ban on Kenyan imports in response to Kenya’s role in hosting the paramilitary Rapid Support Forces (RSF) and its allies, ... Read More

China’s expanding port presence in Africa sparks concerns over security and sovereignty

March 13, 2025

Chinese state-owned firms are playing a dominant role in port development across Africa, with a presence in 78 ports across 32 countries as builders, financiers, ... Read More

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