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.
The United States is working with Mexico, the European Union, and Japan to establish minimum prices for critical minerals, the
MPact, a major South African paper and plastics manufacturer, has announced plans to proceed with retrenchments as it contemplates closing
Global leaders meeting in Kuwait this week underscored that the path of digital transformation will depend not just on technological
South Africa announced on Tuesday that it will increase the national minimum wage by 5% starting 1 March, raising the hourly rate to R30.23 ($1.89) from the previous R28.79 ($1.80).
Uber reported better-than-expected revenue for the fourth quarter on Wednesday, although shares fell in premarket trading following the earnings release.
UK Prime Minister Sir Keir Starmer has condemned Russia’s recent strikes on Ukraine’s energy infrastructure as “barbaric” and “particularly depraved,” hitting power plants and leaving over 1,000 Kyiv apartment blocks without heating amid temperatures of -20°C. The attacks have caused widespread disruption, forced residents into metro shelters, and left key power facilities, including Kharkiv’s plant, damaged, while US-led peace talks continue in Abu Dhabi.
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
Ghana’s crude oil receipts fell to about $198 million in the second half of 2025, reflecting fewer liftings and lower global oil prices, according to data from the Bank of Ghana.
Ghana’s President John Mahama has been ranked fifth on DEVEX’s Power 50 list of the world’s most influential figures in global development, recognized for his leadership on the Accra Reset initiative, which aims to redefine Africa’s relationship with the global North.
