Economy News

Oil prices rebound as markets watch war on Iran  Oil prices recovered some of their steep losses from earlier in the week on Thursday, while US stocks remained close to record highs as major companies continued reporting strong profits. The S&P 500 slipped 0.1 percent from the all-time high it reached a day earlier. The Dow Jones Industrial Avera

Digital public infrastructure (DPI) is gaining traction in emerging markets around the world. But as David Porteous at Integral: Governance Solutions and Rafe Mazer at Fair Finance Consulting explain, while the financial cost of building DPI may be modest, operating it at scale requires ongoing costs to be allocated across the ecosystem over time, making DPI sustainability fundamentally a governan

Due to "wider market uncertainties", the London- and Lagos-based dealership that helped launch the careers of Joy Labinjo and Gareth Nyandoro has closed

Sovereign debt markets are beginning to develop a way to manage shocks before they escalate into full restructuring episodes.

[This Day] The Boston Consulting Group (BCG), in its new report, themed: 'Financing Women's Digital Entrepreneurship: A Pathway to Closing Africa's Economic Gender Gap' has revealed that women's economic participation in Africa has fallen 0.6 percentage points below 2022 levels, extending the region's timeline to reach economic parity from 120 years to approximately 170 years.

Oil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test of a shaky ceasefire in the Middle East war. The price jumps erased much of Wednesday’s declines on the hopes of an imminent deal to end the conflict that has all but halted shipping through the crucial Strait of Hormuz for months. An American official said the military had shot d

Beijing’s New International Land-Sea Trade Corridor is emerging as a strategic supply line for Beijing – and Singapore helped design it.

The French territory's kava industry stakeholders are concerned at the increase of the price of the precious imported root, mainly from neighbouring Vanuatu.