Kenya’s Economic Performance Strengthened in 2023 Despite Continued Challenges
Kenya’s economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% in 2022 to an estimated 5% in 2023....
EAC’s External Trade Grows As Member States Imposes More Barriers
East African Community (EAC) member states are trading more with countries outside the bloc owing to persistent trade disputes and non-tariff barriers (NTBs), which...
547 New Deals Valued at $14.2 Billion in U.S.-Africa Trade and Investment
To mark the one-year anniversary since last December’s U.S.-Africa Leaders Summit, the U.S. Government’s Prosper Africa has released a groundbreaking Deal Book that demonstrates...
EU and Kenya sign ambitious Economic Partnership Agreement with strong sustainability provisions
The EU and Kenya today signed an Economic Partnership Agreement (EPA) to boost bilateral trade in goods, increase investment flows, and contribute to sustainable...
EU adopts 12th package of sanctions against Russia for its continued illegal war against Ukraine
The Commission welcomes the Council's adoption of a 12th package of sanctions against Russia. The focus of this package is to impose additional import...
Illegal betting is the number one factor fuelling corruption in sports
The global problem of illegal sports betting, the fraudulent manipulation of competitions, and the involvement of organized crime in the sporting world has been...
Shippers avoiding Red Sea transits after attacks, watching Suez Canal traffic
Shippers are diverting from Middle East transit routes in response to a growing number of drone attacks in the Red Sea and Gulf of...
IMF and World Bank Announce US$4.5 billion in Debt Relief for Somalia
The Executive Boards of the International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have approved the Heavily Indebted Poor Countries...
Poverty trap: some jobs are no protection against destitution
Many working people in Europe are at risk of economic hardship, prompting EU researchers to seek policy answers.
By Ali Jones
For Lineke Smit, poverty in...
China’s investments to Vietnam boom, US spending down
Chinese investments in Vietnam have boomed this year in contrast to a slowdown in U.S. spending and trade, official data show, as the world's...