Category: Market
Stuck Ship Thrusts Sleepy Suez Canal Village into Limelight
AMER, EGYPT – The sleepy farming village of Amer overlooks the Suez Canal, one of the world’s most important waterways. Last week, the village was suddenly thrust into the limelight after a massive container ship, the Ever Given, got stuck nearby.The c…
Job Losses Loom in Kenya’s Tea Industry as Workers Compete with Machines???
A group of women pick tea leaves at a plantation in Kenya’s tea belt in the Rift Valley, where harvesting has traditionally been done by hand. This labor-intensive practice is said to ensure the region produces the high-quality tea that is among the co…
In 1st Day on Job, New WTO Chief Pushes for Fisheries Deal
The new head of the World Trade Organization threw her support behind long-fruitless efforts among member countries to agree on fisheries subsidies that could reduce overfishing, calling the efforts a top priority as she took office on Monday. Director…
Kenyan Women Dominate Top Manufacturing Jobs
A survey by the Kenya Association of Manufacturers shows that women are dominating the east African country’s top mechanized jobs, although men still own most businesses and have better paying jobs. Easter Kojwang is a businesswoman who started her own…
To Benefit from Aid, Sudan Must Enact Tough Economic Reforms Quickly, Economist Says
Sudan’s transitional government must start moving quickly on tough, economic reforms to stabilize the economy if it wants to benefit from pledges of support offered by its international partners, said one U.S.-based analyst. On Thursday, the United Ki…
Experts: ECOWAS Decision to Close Borders with Mali Will Hurt Regional Trade, Stability
Members of the Economic Community of West African States, or ECOWAS, shut down all their land and air borders with Mali on Wednesday after its president announced his resignation following a military mutiny. ECOWAS said in a statement that it will als…
UN Makes $1.6 Billion Appeal for Sudan
United Nations officials in Sudan have sent out an urgent appeal for $1.6 billion to provide life-saving assistance to citizens, including hundreds of thousands of people affected by floods. Recent flooding caused by heavy rain has affected 17 of Sud…
African Countries Should Reopen Economies Gradually, Once Data Shows It’s Safe, Experts Say
The World Health Organization, the Africa Centers for Disease Control and Prevention, and the World Economic Forum have issued guidelines for African countries looking to…
