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markets

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#markets

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European firms rush to African markets as global instability deepens

LUANDA, Angola — European leaders descended on Luanda this week for the EU-African Union summit with a clear, urgent goal: secure access to Africa’s critical minerals and shore up fragile supply chains as global geopolitical tensions rise. "Africa and Europe are partners of choice, bound by common interests and priorities and shared values," EU Council President António Costa wrote on social media as the summit began. "In a turbulent world, our commitment to build a peaceful, prosperous and sustainable future — and to…

Nairobi Halal Workshop Boosts Somalia’s Presence in Global Markets

Unlocking East Africa’s Halal Potential: A Global Economic Journey In the bustling heart of Nairobi, a unique confluence of minds marked the beginning of a new chapter for East Africa. It was an event that could redefine the region’s engagement with the global economy, estimated to grow into a colossal $5.91 trillion industry by 2033—the halal economy. The Workshop That Could Hosted at Nairobi’s landmark Jamia Mosque, the Halal Business Development and Export Readiness Workshop unfolded under the emblematic theme of…