Oil prices expose West Africa’s big banks to economic imbalances
Analysts warn that West Africa’s major banks could suffer a spike in loan defaults as…
In keeping track of African business news, Global Trade Africa reports on the latest developments involving investments, mergers, and acquisitions closing from East Africa, West Africa, North Africa, and Southern Africa. Essentially the sectors that Global Trade Africa covers are the pillars of the economy including Agriculture, Financial Services, Manufacturing and Infrastructure just name a few all of which make daily headlines on the African business news perspective. The sectors of the economy are what draws the attention of investors from across the globe. Reporting of African business news on Global Trade Africa targets to provide informative updates to assist investors in making their investment decisions. Global Trade Africa follows the progress of the Gross Domestic Product (GDP) of African all 54 countries namely; Nigeria, Ethiopia, Egypt, Democratic Republic of the Congo, Tanzania, South Africa, Kenya, Uganda, Algeria, Sudan, Morocco, Mozambique, Ghana, Angola, Somalia, Ivory Coast, Madagascar, Cameroon, Burkina Faso, Niger, Malawi, Zambia, Mali, Senegal, Zimbabwe, Chad, Tunisia, Guinea, Rwanda, Benin, Burundi, South Sudan, Eritrea, Sierra Leone, Togo, Libya, Central African Republic, Mauritania, Republic of the Congo, Liberia, Namibia, Botswana, Lesotho, Gambia, Gabon, Guinea-Bissau, Mauritius, Equatorial Guinea, Eswatini, Djibouti, Comoros, Western Sahara, Cape Verde, São Tomé and Príncipe and Seychelles.
Analysts warn that West Africa’s major banks could suffer a spike in loan defaults as…
US International Development Finance Corporation (DFC) has announced that it is launching the Africa Investment…
Africa’s economic growth could rebound in 2021, provided that governments manage the COVID-19 infection rate…
As part of its vision to transform its economy, the Republic of Sudan has announced…
The Board of Directors of the African Development Bank (AfDB) has approved Nigeria’s Country Strategy…
JOHANNESBURG – Business confidence in South Africa has plunged to the lowest level in 45…
Spending on digital commerce will fall by 14% globally, due lockdowns and reductions in consumer…
The second Africa Regional Integration Index (ARII 2019) issued by the Economic Commission for Africa…
African equity capital markets activity have seen a downward trajectory over the past three years…
PHUMZA DYANI Tourism is one of the critical industries with the potential to accelerate Africa’s…