Algeria and France, two countries which at one point shared a budding relationship, have since the year began, been at odds with each other. Currently, Russia weighed in, urging Algeria to heap more pressure on France. Algeria and France are currently at odds with each other. Russia has sided with Algeria in seeking reparations from…
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In the ever-changing face of global geopolitics, the G20 countries’ impact in Africa continues to get major attention. Business Insider Africa presents the top 10 G20 countries with the largest influence in Africa. This list is courtesy of the Geopolitical Influence and Peace Report. Spain ranks number 1 on the list. The G20, which includes…
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Angola’s state-owned oil company, Sonangol, is in discussions with Chinese and European banks to secure funding for a $4.8 billion shortfall in its planned Lobito refinery. Sonangol is seeking funding for a $4.8 billion shortfall in its Lobito refinery project. Sonangol is in discussions with Chinese and European banks, and is confident financing will be…
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United States President, Donald Trump has announced a 90-day pause on the imposition of new tariffs across several countries, signaling a temporary shift in the administration’s aggressive trade posture. President Trump announced a 90-day pause on new tariffs across several countries During this period, the U.S. will implement a 10% reciprocal tariff on imports from…
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Policy think tank IMANI Africa has urged the Government of Ghana to broaden its international trade partnerships beyond the United States, following the imposition of a 10% tariff on Ghanaian exports by the US administration. IMANI Africa urges Ghana to broaden international trade partnerships Diversification is essential to cushion the Ghanaian economy from external trade…
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Egypt will sell stakes in several military-owned companies through its $12 billion sovereign wealth fund. Egypt plans to sell stakes in military-owned companies through its sovereign wealth fund. The privatization drive is aimed at enhancing private sector involvement and meeting IMF conditions. The sovereign wealth fund was established in 2018 to attract foreign investment and…
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