IT’S EGYPT FOR IATF2023 !
Originally scheduled for Abidjan, The 3rd Intra-African Trade Fair (IATF2023) has a new host city and dates. Cairo, Egypt 🇪🇬 will be the vibrant venue for this prestigious event, taking […]
Entries by Elshaday Hagos
Many countries facing food security issues are also big tobacco growing economies – WHO warns
Tobacco farming is booming in some African countries. Big producers include Zimbabwe and Malawi. However, as the world marks on May 31st the “No tobacco day”, the world health organization […]
African companies prefer trading with non-African countries, ignoring local FTAs
African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import tariffs provided by the United […]
Kenyan traders protest against Chinese competitors
The demo comes in the wake of controversy elicited by the coming of China Square retail outlet of general merchandise whose prices are on average 45 percent lower than those […]
World Bank projects that East Africa will get richer under African Continental Free Trade Area
According to the World Bank, the African Continental Free Trade Area (AfCFTA) has been well-designed to strengthen the economies of East Africa. This will be accomplished, among other things, by […]
South Africa must priorities decarbonization, as $1.5bn of exports to EU are at risk
South Africa should priorities its decarbonization strategy, as it has a carbon intensity much higher than most countries, and $1.5-billion of exports to the European Union (EU) are at risk in the […]
Top 5 economies in Sub-Saharan Africa to watch out for in 2023, according to IMF
Just when Africa’s economy appeared to be recovering from the COVID-19 pandemic, a range of internal and external shocks struck such as adverse weather conditions, and the Russian invasion of […]
Moroccans struggle to secure basic needs as prices rocket
Moroccans visiting this vegetable and fruits in the city of Sale have been finding it harder and harder to buy from it. As inflation continues to rise, many people in […]
Safaricom cuts interim dividend for first time after profit drop
Safaricom has trimmed its interim dividend by Sh2.4 billion on the back of reduced earnings in the half-year period, marking the first cut since it started distributing profit to shareholders […]
Kenya proposes lavish spending amid missed revenue targets
Kenya’s National Treasury plans to raise government expenditure by 15.9 percent to Ksh3.66 trillion (about $29.2 billion) in the next financial year, anchored on a projected increase in tax revenue. […]
