US surpasses China as Germany’s top trader
The United States has surpassed China to become Germany's primary trading partner in the initial quarter of the…
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IMF, DR Congo reach staff-level agreement
The International Monetary Fund (IMF) and the Democratic Republic of Congo (DRC) have reached a staff-level…
Egypt’s annual inflation declines to 31.8% in April – CAPMAS
Egypt’s annual headline inflation recorded 223.6 points, declining to 31.8 per cent in April from 33.1 in March,…
Brazil’s Anfavea sales increases by 17.6% in April
Anfavea, the association representing automakers in Brazil, new vehicle sales increased by 17.6 per cent in April…
Mastercard, US banks test tokenised settlement
Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
EGX closes red on May 8th
Egypt’s stock market (EGX) closed red on Wednesday. The main index, EGX30 sunk by 1.67 per cent, to 25,988.93…
Nigeria opens oil blocks for intl. investment
Nigeria has extended an invitation to international investors possessing both financial prowess and technical…
Zambia’s currency plunges to historic low vs USD
Zambia's kwacha plunged to a historic low against the US dollar On Wednesday, hitting 27.30, a manifestation of…
Microsoft closes down Nigeria’s Africa Development Centre
Microsoft Corporation has closed down the engineering division of its Africa Development Center in Nigeria, just…
Germany’s EnBW strikes 15-year supply deal w/ UAE’s ADNOC
German utility company EnBW announced the signing of a 15-year liquefied natural gas (LNG) contract with Abu Dhabi…