Economy

Billions of dollars in international economic aid will be needed to reverse decades of border closures, military operations and de-development in Gaza, according to a report published Wednesday by the United Nations Conference on Trade and…
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Nigerian authorities are praising a London high court ruling Monday that overturned $11 billion in damages stemming from a collapsed gas project between Africa's largest economy and a private company. In a statement, Nigerian President…
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The International Monetary Fund is cautioning African nations about the possibility of a regional economic downturn and the ripple effects that China's slowing economy could bring. Africa and China have forged economic ties over the past…
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South Africa is hosting a summit for participants in the U.S. government's duty-free Africa Growth and Opportunity Act from November 2 to 4 as the act comes up for renewal. Kate Bartlett spoke to the owners of one South African company…
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All of West Maui except for burned-out sections of historic Lahaina will reopen to tourism on Nov. 1 following the deadliest U.S. wildfire in more than century, the mayor of Maui County said Monday. Mayor Richard Bissen said he made the…
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Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher. But don't expect a repeat of the catastrophic price hikes and long lines at the…
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China remains the single leading source of imports to Kenya, accounting for over 20% of total imports, according to the country’s bureau of statistics. Many local manufacturers say the Chinese imports are hurting their bottom line. Juma…
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In Cambodia’s capital of Phnom Penh, 62-year-old produce seller Sok Ul is sanguine, despite the threat that a Belt and Road project could uproot him from his neighborhood. Construction will soon begin on a $60 million bridge that spans two…
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Nigeria's inflation rate has risen to its highest level in two decades, 26.72%, according to the national statistics bureau. The latest figure keeps millions of people in Africa's largest country struggling to cope with economic challenges…
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Military rulers in Gabon on Tuesday threatened to arrest the heads of businesses who have collected money for work that was not performed. While ordering the resumption of work at utility and construction sites after years of abandonment,…
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