Zimbabwe’s President Emmerson Mnangagwa has announced a suspension of tariffs on US imports, aiming to strengthen bilateral trade ties with the United States. Zimbabwe’s President has suspended tariffs on US imports to strengthen trade ties The move is in response to the 18% tariffs imposed on Zimbabwean exports by the US Introduction of ‘Liberation Day’…
There seems to be a contradiction in the Nigerian oil market given the considerable shift in crude prices, spurred by Donald Trump’s tariff policy. Crude prices fell to $65 per barrel due to Trump’s import tariffs and OPEC+ supply increase. Landing cost of petrol dropped to N865, but ex-depot petrol price increased to N900 per…
France and Algeria have agreed to renew cooperation across all sectors, marking a significant step toward normalizing bilateral ties after a prolonged period of diplomatic tension. France and Algeria have agreed to renew cooperation across all sectors The renewed engagement is part of a broader effort by Paris to reset its relationship with its former…
Libya’s central bank announced a 13.3% devaluation of the dinar setting, a new official exchange rate of 5.5677 to the U.S. dollar. Libya’s central bank devalued the dinar by 13.3% to 5.5677 to the U.S. dollar. The parallel market rate for the dinar is much lower at 7.20 to the dollar. A power struggle over…
The United States has announced plans to revoke all visas held by South Sudanese passport holders, citing South Sudan’s refusal to accept the return of its repatriated citizens. The U.S. plans to revoke all visas held by South Sudanese passport holders due to South Sudan’s refusal to accept repatriated citizens. South Sudan is at risk…
Africa’s political landscape is shaped by a diverse range of older leaders, many of whom bring decades of experience to the table. Business Insider presents Africa’s top 10 oldest senate presidents The list is courtesy of the Inter Parliamentary Union (IPU) There are growing debates about whether these senior leaders, who are often well past…
The United States has relayed its commitment to providing significant support for the mineral deal it has negotiated with the Democratic Republic of Congo (DRC). The United States commits to supporting a mineral deal with the Democratic Republic of Congo (DRC) The deal involves access to DRC’s critical mineral exports in exchange for U.S. military…
In a strategic move to broaden its global reach, Dangote Refinery has significantly increased its exports to the Asian market in response to growing demand for refined petroleum products. Dangote Refinery has increased exports to the Asian market due to growing demand for refined petroleum products Asia emerged as the top destination for fuel oil…
Libya recently expelled 10 aid groups from its borders, alleging what it described as a plot by said groups to change the country’s ‘demographic composition’. Libya expelled 10 aid groups, accusing them of trying to change the country’s demographic composition. Expelled aid groups include Doctors Without Borders, UN refugee agency, and Norwegian Refugee Council. Libyan…
