US-China Trade War Cripples Soya Bean

Prospects for a bullish soya bean trade between the US and China are currently not bright because of their trade war. Already, the war...

Despite Drop In Dollar Value, China’s Imports Still Bullish

In spite of the drop in the dollar value of China’s imports, the Asian tiger recorded a 21% month-on-month jump in iron ore imports...

Nigeria bans forex for food imports but analysts worried

President Muhammadu Buhari has told the central bank to stop providing funding for food imports, his spokesman said in a statement on Tuesday, a...

Dangote’s oil refinery to be completed late 2020 due to import delays

Africa’s largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote,...

UNCTAD Rates Morocco, Egypt, South Africa Best Shipping Connected African Countries

Morocco, Egypt and South Africa have left Nigeria far behind as countries in Africa with best-connected sea ports. In West Africa, where Nigeria is...

MTN raises $140 mln from divestment plan

MTN Group Ltd has raised 2.1 billion rand ($140.24 million) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile...

Growing Trade Tensions Slowing Down Global Momentum, WTO Says

Though the global merchandise trade grew by three percent last year, just above the 2.9 percent rise in world Gross Domestic Product (GDP) over...

With Enterprise Development Fund, UN Supports Iraqi SMEs

An agency of the United Nations in Ieaq has sealed a Memorandum of Understanding with telecommunications company, Asiacell, to support innovation under the Enterprise...

Despite Teekay Tanker’s Optimism, Things Not Rosy For Tanker Owners

With the first half of this 2019 plagued by increased net tanker fleet growth, and a higher than expected refinery maintenance, it appears things...

Ahead Of IMO 2020, Panama Mitigates Own Carbon Footprint

To mitigate her own carbon footprint, the Panama Canal Authority, the agency of the Government of Panama that is responsible for the operation and management of...

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