Brazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio trip.
Leaders of the growing BRICS group are gathering in Brazil for a summit overshadowed by United States President Donald Trump’s new tariff policies while […]
BlackRock Halted Ukraine Fund Talks After Trump’s Election Win
BlackRock Inc. halted its search for investors to back a multibillion-dollar Ukraine recovery fund earlier this year after Donald Trump’s election victory saw […]
Japan’s Govt Pension Investment Fund posts US$61b quarterly loss as weak dollar hits assets.
Japan’s Government Pension Investment Fund (GPIF) suffered a quarterly loss as a depreciating dollar dragged down the value of its overseas securities […]
Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say.
The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to […]
Absence with significance: Why Xi Jinping is skipping BRICS for the first time, and what’s at stake.
When the BRICS summit in Brazil opens this Sunday (Jul 6), a key figure will be conspicuously missing from the table: Chinese […]
Saudi Arabia eyes untapped opportunities in Mauritania, Morocco.
Saudi Arabia is strengthening its trade and investment ties with Africa as more than 30 top investors and officials visit Mauritania and […]
Weaker U.S. dollar to unlock opportunities in emerging markets and global equities, says Standard Chartered
In its Global Market Outlook for the second half of 2025, Standard Chartered projected a constructive but volatile environment for investors worldwide. […]
China could be the world’s top semiconductor foundry hub by 2030 — despite US curbs, nation to hold 30% of global installed capacity, surpassing Taiwan.
Market research and tech consulting firm Yole Group predicts that China will have 30% of the world’s global foundry production capacity, making […]
Home » Agricultural Products » East Africa Rises in Global Coffee Trade as Uganda Leads Export Boom
East Africa’s coffee industry is experiencing a moment of historic transformation, led by Uganda’s rise as the continent’s top coffee exporter. In May 2025, Uganda overtook […]
Chinese Industrial Group To Buy Bankrupt Russian Oil Producer.
China’s Xinjiang Sanbao Industrial Group is to purchase the bankrupt Tomskgeoneftegaz LLC, a small oil production company in the Tomsk region, for […]
A $7.2 Billion Emerging Market Fund Amps Up Local Debt Bet.
A manager of the world’s largest mutual fund dedicated to emerging-market bonds is scooping up local currency debt, betting the dollar’s persistent […]
“We can turn Africa into a ‘heaven’ in the next five years” — Dangote.
Africa’s richest man, Aliko Dangote, has urged Africans to adopt bold thinking and a long-term mindset, asserting that the continent could be […]