Renewal

In recent times, the globalization of trade has become a hot topic, especially with Donald Trump's introduction of sweeping new tariffs that have sent ripples through the global market. "Trade wars are good, and easy to win," he once declared. But is it really so straightforward? Last week, the spotlight was on a potential meeting that could reshape US-Africa relations. This was indicated by Parks Tau, the South African Minister of Trade. Tau emphasized the hurdles that lie ahead, especially in trying to restore an…

Mogadishu (AX) — In a monumental financial shift, Somalia has seen $1.14 billion in debt forgiven by the United States, signaling a significant stride towards achieving economic stability and revitalizing fundamental public sectors. Richard Riley, the US Ambassador to Somalia, shared this news in Mogadishu, emphasizing America’s strong dedication to bolstering Somalia’s future. Emboldened by this support, Riley stated, "This debt cancellation underlines our unwavering commitment to aid the Somali people in their pursuit…