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Sudan Lifts Force Majeure On South Sudan Crude Oil Flow
The Government of Sudan has lifted the force majeure on the flow of South Sudan’s crude oil to pass through Port Sudan where it...
HSBC, World Bank’s IFC Launch $1 Billion Trade Finance Programme For Emerging Markets
HSBC and the World Bank's International Finance Corporation will jointly provide funding to trade transactions valued at up to $1 billion, in a move...
First shipment of Egypt’s Russian wheat purchase begins loading after 3-month delay
The first shipment of Egypt’s 430,000-metric-ton purchase of Russian wheat has started loading
The shipment commenced loading following a nearly three-month delay. It consists of...
Egyptian Inflation Slowed for First Time Since July
Egypt’s inflation slowed after three months of acceleration, despite a recent cut in fuel subsidies.
Annual consumer prices in urban areas rose 25.5% in November...
World Bank Cuts Kenya’s 2024 Growth Estimate To 4.7% On Fiscal Challenges
The World Bank has downgraded Kenya's economic growth estimate for this year to 4.7% on from an initial 5.0%, citing the impact of floods,...