African Commodities

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Economic Pressure Mounts on PM Starmer as UK Borrowing Costs Rise

U.K. bond yields rose as Prime Minister Keir Starmer faced mounting pressure over his handling of former ambassador Peter Mandelson’s links to Jeffrey Epstein. The controversy has intensified calls from Labour MPs for a leadership challenge, with analysts warning it could mark a tipping point in Starmer’s premiership.

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Landmark Visa Waiver Pact Reached Between Ghana and Zambia

Ghana and Zambia have signed a historic visa waiver agreement, allowing citizens of both countries to travel freely without visas. Announced by Foreign Affairs Minister Samuel Okudzeto Ablakwa during President Mahama’s state visit to Zambia, the move is expected to boost trade, tourism, investment, and cultural exchange.

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Vice President Flags Export Struggles Facing African Small Businesses

Vice President Prof. Naana Jane Opoku-Agyemang has expressed concern over the low participation of African SMEs in export trade, noting that fewer than 20 per cent engage in cross-border business. She said financial, regulatory and structural barriers continue to limit the involvement of women and young people, slowing regional trade, industrial growth and job creation across the continent.

AfCFTA, African Commodities, African Markets, African Politics, African Stocks, Economy, Focus on Africa, Global Economics, Global Markets, Global Trade, International News

$120 billion spent annually to hydrocarbon imports in Africa.

Africa’s reliance on imported petroleum products is draining resources needed for local capacity building and industrial growth, Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has said, stressing that retaining energy value within the continent could be economically transformative

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