Europe
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News
African leaders want continent’s natural assets worth trillions of dollars to be part of measuring GDP of countries
BAKU, November, 19, 2024 – African Heads of State and government are calling for the continent’s vast natural capital to be considered when measuring their countries’ Gross Domestic Product [GDP]. In a…
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News
Global Credit Union membership surpasses 411mln
MADISON, Wis., October 24, 2024 — World Council of Credit Unions’ [WOCCU] 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed US$ 3.7 trillion last…
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News
AFC Returns to Global Debt Capital Markets with Oversubscribed Five-Year US$ 500mln Eurobond
LAGOS, October 5, 2024 — Africa Finance Corporation [ AFC ], the continent’s leading infrastructure solutions provider has announced an outstanding return to the global debt capital markets, successfully issuing a US$500…
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Agriculture
Coffee exporters rush to ship to EU before year-end
KAMPALA, September 9, 2024 — Coffee cargoes are flooding the European Union as traders rush to stock up on beans ahead of new environmental rules that are to be implemented at the…
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News
Money Laundering: Afreximbank to host International Compliance Forum for Africa
CAIRO, August 1, 2024 – To improve global trade in Africa and align with international regulatory and compliance standards, African Export-Import Bank [Afreximbank], in partnership with the Inter-Governmental Action Group against Money…
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News
Rice and oilseed outputs forecast to peak as wheat and maize face decline – new report
KAMPALA, June 14, 2024 – The UN Food and Agriculture Organisation [FAO] projects that the world’s major food commodities will be in “adequate supply” in 2024 and 2025. But the organisation warns…
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News
Ethiopian coffee is threatened by European deforestation regulations
PARIS, May 30, 2024 – The export of Ethiopian coffee, a major source of foreign exchange for the country, is facing severe threats from European Union [EU] regulations aimed at combating deforestation…
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News
Tourism is back to pre-pandemic levels, but challenges remain, study says
KAMPALA, May 21, 2024 – International tourist arrivals and the travel and tourism sector’s contribution to global gross domestic product [GDP] are expected to return to pre-pandemic levels this year, driven by…
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News
Sluggish growth delaying economic recovery in emerging Europe and Central Asia
WASHINGTON, April 12, 2024 – Economic activity in the emerging and developing economies of the Europe and Central Asia region is likely to slow this year as a weaker global economy, tight monetary policy, slowdown…
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