Posted in Business

US, Kenya Officially Launch Trade Talks

The United States and Kenya formally launched negotiations Wednesday on a bilateral trade deal, which the countries hope could be replicated across Africa. “Under President…

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Posted in Business

Former African Slave Trade Center Renamed in Memory of George Floyd

A small island off the coast of Africa known for its role in the slave trade has changed the name of its main square in…

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Posted in Business

Anti-Racism Groups in Paris Call out Slave Trader Statues

Anti-racism groups are leading a “de-colonial tour” of Paris on Sunday to call attention to monuments and streets honoring historical figures tied to the slave…

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Posted in Business

7 Plead Not Guilty to Looting More than $132 Million from South African Bank

Seven suspects accused of taking just over $132 million from VBS Mutual bank in South Africa have pleaded not guilty to dozens of fraud and…

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Posted in Business

Being a Journalist is Risky Business in Somalia

Journalists in Somalia routinely face many difficulties but this year, under the stress of the spread of COVID-19, they say feel even more threatened by…

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Posted in Business

East African Flower Industry Wilts as Sales to Europe Dry Up

Among its many other effects, the coronavirus pandemic has cut deeply into flower sales. This is being felt in the Netherlands, the center of the…

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Posted in Business Market

Economists Say Coronavirus Will Slam African Economies

ADDIS ABABA – As the coronavirus spreads across Africa, countries are taking stronger measures to curb its spread. The restrictions may contain the virus, but will likely have a deep impact on the continent’s economies. With several African governme…

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Posted in Business Market

China’s Exports Slump as Anti-virus Controls Close Factories

BEIJING – China’s exports fell by double digits in January and February as anti-virus controls closed factories, while imports sank by a smaller margin.Exports tumbled 17.2% from a year earlier to $292.4 billion, a sharp reverse from December’s 7.8% ri…

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