By Adedapo Adesanya The African Export-Import Bank (Afreximbank) has cancelled its 27th Annual General Meeting (AGM) on the grounds of the COVID-19 pandemic. The Cairo-based institution...
By Adedapo Adesanya Kuwait joined Saudi Arabia on Monday in announcing fresh, voluntary oil production cuts to be implemented in June. The member of the Organisation...
By Adedapo Adesanya Egypt’s annual consumer price inflation rose to 5.9 percent in April 2020, the country’s Central Agency for Public Mobilization and Statistics (CAPMAS) said...
By Adedapo Adesanya The Economic Community of West African States (ECOWAS) has dissociated itself from reports of a donation from Madagascar regarding a coronavirus herbal cure,...
By Adedapo Adesanya The Food and Agricultural Organisation (FAO) has disclosed that prices of food worldwide dropped by 3.4 percent for the third consecutive month in...
By Adedapo Adesanya As more countries are coming to terms with changes brought about by current health challenge, Malaysia is facing its worst economic recession in...
By Adedapo Adesanya The International Monetary Fund (IMF) has approved a $91 million loan for Malawi to help fund a balance of payments deficit. The global...
By Adedapo Adesanya Standard & Poor (S&P) Global Ratings has downgraded South Africa’s credit rating further into non-investment grade territory. The credit rating agency said pressures...
By Adedapo Adesanya The implementation of the African Free Trade Agreement from July 1, 2020 has been postponed due to the disruptions caused by the coronavirus...
By Adedapo Adesanya The gross domestic product (GDP) of the United States of America fell 4.8 percent in the first quarter of 2020 as the country’s...