trade

In a moment that could redefine Namibia's energy landscape, Gustos Energy has unveiled a substantial oil discovery off the country's coast. This find is not merely a drop in the ocean; rather, it solidifies the Orange Basin as a burgeoning hotspot for hydrocarbon exploration. As reports trickle in from the scene, there's an air of cautious optimism surrounding the implications of this mineral wealth. It's fascinating to witness how exploration efforts, which have unfolded over decades, have finally culminated in such a…

In what can be described as a hallmark of international diplomacy, Somali President Hassan Sheikh Mohamud recently sat down with Libyan Prime Minister Abdulhamid Mohammed Al-Dabaiba in the historic city of Tripoli. This meeting of minds wasn’t just a standard exchange of formalities and niceties; it was a meticulously orchestrated event aimed at breathing life into the diplomatic, economic, and security relations between the two nations. What are the ingredients for such a high-stakes dialogue, you might wonder? Against the…

President Daniel Chapo firmly believes that the unrest following the contentious 2024 presidential election represents a resurgence of the insurgency in Cabo Delgado, a northern province of Mozambique. Here, Islamist factions have long waged a violent struggle against local security forces and regional allies. “These assaults are designed to foster chaos and deplete our vital mineral wealth,” Chapo remarked to diplomats on February 21, a conviction that underscores the high stakes involved for the nation. The aftermath of…

The humanitarian landscape in the Democratic Republic of the Congo is increasingly bleak as M23 rebel forces extend their reach across the eastern provinces. Goma, the capital of North Kivu, has been particularly hard-hit. Reports of criminal activities have skyrocketed, painting a harrowing picture for residents and aid workers alike. Home invasions, kidnappings, and vehicle thefts targeting humanitarian staff pose a dire challenge amid an already fragile situation. Consider for a moment the plight of a humanitarian…

In a significant gathering recently held in Lusaka, the capital of Zambia, leaders from various African air forces came together with a unified purpose: to bolster military aviation across national boundaries. The discussions primarily revolved around the increasingly complex dynamics of humanitarian crises and the essential role of disaster relief in addressing these challenges. As the world faces an array of trials—natural disasters, conflict, and pandemics—the discourse turned to how coordinated military efforts can serve…

The challenge of delivering sufficient surgical care in Sub-Saharan Africa is a multifaceted dilemma, stemming from a conspicuous lack of resources, technology, and expertise. An alarming projection suggests that by the year 2030, the continent could face a deficit of six million surgical care professionals. This staggering statistic was highlighted by Melody Chironda in her recent report from the Pan African Surgical Conference held in Kigali, Rwanda. Imagine traveling to a vibrant city in Africa, immersed in the…

According to an insightful report by Global Statistics, the following ten countries top the global export charts. They are shaping industries like technology, automotive, energy, and manufacturing, effectively steering the course of international trade. 1. China – $3.38 Trillion China, the behemoth of exports, sends an almost unbelievable $3.38 trillion worth of goods across seas and skies each year. It's a titan in producing electronics, machinery, textiles, and steel. Remember when you…

The Nigerian government is navigating turbulent economic waters with a decisive move to bolster the Naira. By injecting more than $8 billion into the economy, authorities aim to restore confidence in the local currency. This significant capital infusion has already shown promising effects, as the Naira has begun to regain strength across the foreign exchange market. Yet, amidst this nascent recovery, a sense of caution looms large. Economists caution against complacency, suggesting that this newfound appreciation may be…

The Africa Court on Human and People's Rights recently wrapped up a pivotal two-day hearing concerning serious allegations made by the Democratic Republic of Congo (DRC) against Rwanda. At the heart of this complex situation are accusations of human rights violations stemming from the ongoing turmoil in eastern DRC, a region grappling with decades of instability. During the proceedings, the representatives for Rwanda raised significant questions about the court's jurisdiction. They argued that the DRC had notably failed to…

France is actively working to form a "blocking minority" within the European Union, aiming to halt the impending trade agreement with four South American nations, as articulated by President Emmanuel Macron. This deal, which unites the European Union and the Mercosur bloc—comprising Argentina, Brazil, Paraguay, and Uruguay—was heralded as a "win-win" by European Commission President Ursula von der Leyen last December. However, it is now mired in substantial opposition from France, particularly its agricultural sector.…