IMF Completes Board Review and Authorizes $101 Million Disbursement for Madagascar
The IMF has completed a review that permits the disbursement of $101 million to Madagascar, aimed at enhancing the country's...
economics
Philippines’ Total External Trade Increases by 9.1% in January
Philippines' total external trade increased by 9.1% in January, indicating economic recovery. However, a widening balance of payments deficit and...
Challenges Ahead for Mozambique’s $20 Billion LNG Project: A Critical Overview
The Mozambique LNG project, with a $20 billion investment, has been stalled since 2021 due to security issues and failed...
Turkish Authorities Implement Measures to Stabilize Egg Prices Amid Demand Surge
To stabilize domestic egg prices amidst rising international demand, Turkish authorities have imposed a $0.50 per kilogram export levy on...
Nestlé Nigeria Reports 107% Rise in Net Loss to N165bn for 2024
Nestlé Nigeria's net loss expanded by 107% to N164.595 billion in 2024, primarily due to persistent inflation impacting costs. Revenue...
Telefónica’s CEO Discusses Potential Divestiture of Mexican and Colombian Units
Telefónica's CEO is contemplating selling its units in Mexico and Colombia as part of a strategic review aimed at improving...
Implications of Chevron’s License Revocation for Venezuela
The revocation of Chevron's operational license in Venezuela by Donald Trump could exacerbate the nation’s economic decline and migration crisis....
BOA Côte d’Ivoire Reports Strong Q3 Growth Despite Rising Risk Costs
In the third quarter of 2024, Bank of Africa - Côte d’Ivoire (BOAC) achieved a 16.23% year-on-year increase in Net...
Trump Announces New Tariffs on Mexico, Canada, and China with Market Impacts
President Trump announced a 25% tariff on imports from Mexico and Canada effective March 4, with a possible additional 10%...
Trump Announces New Tariffs Against Mexico, Canada, and China
President Trump is set to impose new tariffs on Mexico and Canada while doubling tariffs on China to combat drug...
