Russia’s trade surplus up 20.25% YoY
Russia's foreign trade surplus surged by 20.25 per cent year-on-year to $87.9 billion for January-July 2024,…
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Africa
Egypt to launch new agency to boost exports, investments in Africa
The Egyptian government is preparing to launch a new Export and Investment Guarantee Agency to support Egyptian…
Engie eyes more African renewable energy deals
Engie SA, the French utility, anticipates more deals in Africa’s renewable energy sector following its $1 billion…
Hengtong to establish $15m fibre optic cable plant in SCZone
Egypt’s Information Technology Industry Development Agency (ITIDA), Telecom Egypt, and the National…
Global labour income share faces prolonged decline – ILO
The International Labour Organisation (ILO) highlighted a global decline in the labour income share, which has…
Shanghai’s trade with Africa rises by 9.4% YoY in 7m
China's financial hub, Shanghai, recorded a 9.4 per cent year-on-year increase in foreign trade with African…
India’s manufacturing PMI up in August ’24
India's manufacturing sector grew in August, with the HSBC India Manufacturing PMI at 57.5, slightly lower than…
Japan’s crude oil imports up in July
Japan's crude oil imports in July reached 10,050,845 kiloliters (kl), marking a substantial 101.2 per cent increase…
Africa receives $4.61b in loans from China in ’23
Chinese lenders approved $4.61 billion in loans to Africa in 2023, the first annual increase since 2016, according…
Chinese investment boosts African energy sector
Chinese foreign direct investment (FDI) in Africa surged to $21.7 billion in 2023, largely driven by initiatives…
