Investors Shift to Emerging Market Debt as U.S. Treasurys Lose Safe Haven Status Amid Trump Tariffs
Following U.S. President Donald Trump’s announcement of tariffs in early April 2025, there has been a significant shift in investment…
Category: International
IMF Flags Ghana’s Energy Sector as Top Economic Risk, Urges Reform
The International Monetary Fund (IMF) has strongly backed Ghana’s Finance Minister’s warning that the country’s energy sector represents the biggest…
UK’s Manufacturing Africa & TLG Capital Launch $200M Fund to Boost Nigerian Manufacturing Sector
In a move to inject fresh capital into Nigeria’s manufacturing sector, the UK government’s Manufacturing Africa program has partnered with…
CAFS 2025: How Canada and Africa Are Joining Forces to Drive Fintech Innovation and Inclusive Growth
As fintech reshapes economies around the world, 2025 marks a turning point for deeper collaboration between Canada and Africa. Leading…
DeepSeek AI App Restored in South Korea After Privacy Compliance Updates
Chinese AI service DeepSeek is now back on South Korean app stores after a two-month suspension that followed concerns over…
European Markets End on a High, FTSE 100’s Winning Streak Continues Amid Trade Uncertainty
European stock markets closed higher on Thursday, with most sectors seeing gains despite ongoing concerns about trade uncertainties. The pan-European…
CNBC Daily Open: U.S. consumers are starting to feel the pinch of Trump tariffs
U.S. consumers are increasingly feeling the economic consequences of President Donald Trump’s tariffs, with price hikes and potential supply shortages…
Emerging Economies Show Greater Trust in AI, Survey Finds
A new global survey from the University of Melbourne and KPMG reveals that people in emerging economies are more trusting…
Stocks Steady, Dollar Firms as U.S. Eases Auto Tariffs Amid Market Jitters
Markets opened Tuesday on a cautious yet slightly positive note after the U.S. announced a softening of auto tariffs, easing…
Google Opens 2025 Software Engineering Apprenticeship Applications in Paris
Google has officially opened applications for its 2025 Software Engineering Apprenticeship program in Paris, targeting aspiring tech professionals eager to…
Global Debt Challenges: Navigating Fiscal Policy Amid Economic Uncertainty
Amid escalating global uncertainty, governments face tough choices in balancing rising public debt with economic growth and urgent spending needs.…
European Markets Gain Momentum; Deliveroo Surges After DoorDash Takeover Proposal
European markets experienced a positive start to the week, with most sectors trading higher on Monday. The Stoxx 600 index…
FG Raises Alarm Over Rising Cyber-Slavery Threats in West Africa
The Federal Government of Nigeria has issued a strong warning about the growing threat of cyber-slavery in West Africa, particularly…
IMF Boss commends Ato Forson for strong commitment to economic reforms
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has praised Ghana’s Finance Minister, Dr. Cassiel Ato Forson, for…
Over 70% of Nigerian Shipments to the U.S. Rejected Due to Trump’s Tariff Policy
Since the implementation of Donald Trump’s new tariff policy on April 2, 2025, over 70% of shipments from Nigeria to…
FBI Reports $5.8 Billion in Crypto Investment Scam Losses in 2024, Elderly Most Affected
The FBI’s latest Internet Crime Complaint Center (IC3) report paints a dire picture of the growing threat of cryptocurrency-related scams.…
Jimoh Ibrahim Urges IMF to Anchor African Economic Projections on Empirical Data
At the IMF/World Bank Spring Meetings in Washington DC, Nigerian Senator and business leader Jimoh Ibrahim emphasized the urgent need…
Google Launches 2025 Startups Accelerator for AI Innovations in Africa
Google has announced the opening of applications for its 2025 Google for Startups Accelerator Africa program. This three-month initiative is…
World Bank Partners with Ghana to Create 500,000 Jobs for Youth Annually
The World Bank has announced its commitment to helping Ghana address its youth unemployment crisis through a new Growth and…
EU Slaps €700 Million Fine on Apple and Meta for Breaching Digital Competition Laws
In a significant move on April 23, 2025, the European Union fined Apple and Meta a total of €700 million…
OpenAI Eyes Chrome Acquisition Amid Google Antitrust Trial, Cites AI Competition Stakes
OpenAI has expressed interest in potentially acquiring Google’s Chrome browser if regulators force its sale, according to testimony from ChatGPT…
Flutterwave and Yellow Card Join Circle’s Global Payments Network to Boost Cross-Border Transactions with Stablecoins
Flutterwave and Yellow Card have officially joined the Circle Payments Network (CPN), a major step in transforming how cross-border payments…
IMF Warns of Growing Global Financial Stability Risks Amid Tightening Conditions and Uncertainty
The International Monetary Fund (IMF) has issued a warning about rising global financial stability risks, driven by tighter financial conditions,…
U.S. Regulatory Scrutiny Sparks Fears of Chinese Stock Delisting
Concerns over the potential delisting of Chinese stocks from U.S. exchanges have been reignited, particularly following comments from U.S. Treasury…
Trump Slams Fed Chair Powell, Triggering Market Turmoil and Dollar Slide
U.S. financial markets took a sharp dive on Monday after President Donald Trump publicly lashed out at Federal Reserve Chair…
IMF Cuts Global Growth Forecast for 2025 Amid Escalating Trade Tensions and Policy Uncertainty
The International Monetary Fund (IMF) has downgraded its global growth forecast for 2025, now predicting an expansion of just 2.8%,…
China Warns Nations Against US Trade Deals That Undermine Its Interests
China has issued a stark warning to countries considering trade deals with the United States that could harm its economic…
Arnergy Secures $18M to Scale Solar Energy Access Across Africa
Arnergy, a Nigerian-based leader in distributed renewable energy, has raised $18 million in fresh funding to ramp up solar energy…
Bitcoin Surges to $88,000 Amid U.S. Dollar Weakness and Market Volatility
Bitcoin (BTC) surged past $88,000 on Tuesday, marking its highest price since late March. This significant rise came as the…
Dollar Falls to Lowest Point Since March 2022 Amid Economic Uncertainty
The US dollar experienced a significant depreciation on Monday, hitting its lowest point since March 2022, as investor confidence in…