Swiss wealth firm Pictet makes its Africa debut after 220 years.
In a landmark move, Banque Pictet & Cie SA has launched its first office in Africa, positioning itself to tap
Trade
Morocco surpasses Kenya as Africa’s leading avocado exporter
Morocco has become Africa’s top avocado exporter, outpacing Kenya by almost doubling its shipments in a single year while targeting
EU reopens doors to Ugandan aquaculture, paving way for $600 million export target.
A significant boost to Uganda’s export ambitions has come with formal approval to supply farmed finfish and other aquaculture products
Heineken to eliminate 6,000 positions worldwide, with South Africa’s market helping offset losses.
Heineken faces widespread job cuts globally, its South African operations are showing resilience. Heineken has announced plans to cut between
South Africa’s economy receives a $1.5 billion boost from adventure travel.
In 2024, South Africa’s adventure travel sector contributed approximately $656 million directly to the economy and sustained around 91,000 jobs,
Taiwan to import more US goods under new tariff deal.
Officials from the Trump administration have finalized a reciprocal trade agreement with Taiwan that sets a 15% U.S. tariff on
Century-old South African sugar company faces possible collapse once more.
Tongaat Hulett Ltd. is a long-established South African sugar manufacturer and agro-processing company that specialises in sugarcane cultivation and maize-based
Nigeria keeps Africa’s top oil producer ranking despite falling short of its OPEC quota.
Nigeria remains Africa’s top crude oil producer, boosting output to 1.45 million barrels per day in March, OPEC reports. Nigeria
Indonesia, Nigeria, and Ecuador to overtake Ghana as the world’s second-largest cocoa producer.
Ghana’s ongoing cocoa production decline and financial challenges are fueling concerns that the country may lose its status as the
Russia dismisses Trump’s tariff threats targeting countries supplying oil to Cuba.
The Kremlin on Thursday confirmed that it is actively exploring ways to assist Cuba amid its severe fuel shortages, dismissing