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Business

Nigeria Leads Digital Trade Revolution

Nigeria Nigeria is quickly emerging as a trailblazer in Africa’s digital trade landscape through the Women Exporters in the Digital Economy (WEIDE) Fund.  This $50 million initiative, launched in 2024 by the World Trade Organization (WTO) and the International Trade Centre (ITC), seeks to close the gender gap in digital commerce by empowering Nigerian women […]
Business

UK economy staggers

United Kingdom UK economic growth slowed as US President Donald Trump’s tariffs hit and businesses grappled with higher costs, official figures show. A measure of everything produced in the economy, gross domestic product (GDP), expanded just 0.3% in the three months to June, according to the Office for National Statistics (ONS). UK economic growth slowed […]
Business

US and China extend trade truce

USA United States President Donald Trump on Monday extended a trade truce with China for another 90 days, delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other elements of the Agreement will remain […]
Business News

Food price drop in Egypt

Nigeria Egypt’s urban inflation rate fell to 13.9% in July, down from 14.9% in June, signaling a modest improvement in the country’s economic conditions. The monthly inflation rate also saw a more pronounced decline, dropping to -0.6% compared to -0.1% in the previous month, indicating a broader reduction in prices. The Central Agency for Public […]
Business

South Africa and Trump deepens talks on tariffs

South Africa President Cyril Ramaphosa of South Africa held a telephone conversation with U.S. President Donald Trump on August 6, 2025, focusing on bilateral trade issues and ongoing negotiations. Despite recent setbacks over high tariffs, both leaders committed to continuing discussions through their trade teams. The call comes against the backdrop of a 30% U.S.