archiveAfrica

ROMEItalian Premier Giorgia Meloni and EU Commission President Ursula von der Leyen on Friday co-chaired a summit in Rome focused on strategic investments for Africa, announcing EU-Italy shared agreements worth €1.2 billion ($1.38 billion).The two leaders reaffirmed their common ambition to deliver “impactful partnerships, drive high-quality investments, and unlock opportunities for African-led sustainable growth – anchored in mutual respect, long-term collaboration, and shared prosperity,” they said in a joint statement. The Rome event was attended by African leaders from Angola, Democratic Republic of Congo, Tanzania, and Zambia, including the chairperson...

The Ministry of Foreign Affairs, in collaboration with the National Investment Commission (NIC) and the Liberia Chamber of Commerce (LCC), has announced an upcoming Trade and Investment Conference under the theme "Bridge to Prosperity." Scheduled to take place today, Tuesday, June 17 to 21, 2025 in Monrovia, the five-day event will bring together a delegation of prominent U.S. investors and business leaders to explore trade and investment opportunities across Liberia's key economic sectors. This flagship initiative is a hallmark of the Ministry's economic diplomacy agenda, under the leadership of Sara...

Strong currencies are important in boosting economic resilience, attracting investment, and assisting overall growth. A stable currency creates economic stability by keeping inflation down and reducing exchange rate volatility.It also helps to serve as a cushion against economic shocks, preserving buying power and economic confidence. Below is a list of the top 10 best performing African currencies, according to the Forbes currency converter.10. Namibian Dollar: One pound sterling gives you 23.68 NAD9. South African Rand. One pound sterling gives you 23.55 ZAR8. Lesotho Loti: One pound sterling gives you 23.52LSL7....

(Bloomberg) -- From China’s artificial-intelligence successes to Dubai’s immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President Donald Trump’s trade agenda. Such selective trades are protecting investors from the unpredictability of Trump’s second term because they aren’t reliant on exports to the US, interest-rate cuts or a weak dollar. While benchmark indexes across stocks, bonds and currencies in developing markets have had the best start in years, the end of February brought a selloff, triggered by yet another...