By The African Exponent Export value has become one of the clearest indicators of Africa’s economic trajectory in 2025. Across the continent, countries are strengthening trade performance through infrastructure upgrades, modernized customs systems, and fiscal measures aimed at currency stabilization. To ensure an accurate ranking, all export values have been converted to US dollars based

Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s development agenda, a senior government official said Tuesday, according to Xinhua News Agency reported. Ramathan Ggoobi, permanent secretary and secretary to the Treasury at the Ministry

By Reuters Jitters around U.S. banks’ exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker rivals, according to four senior industry sources. More than two years after the sudden failure of Silicon Valley Bank that destabilized the industry, auto

German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 13, 2025 By Reuters Global shares fell, while safe havens such as bonds and gold rallied on Tuesday, as investors grew uneasy over mounting tensions between the U.S. and China ahead of talks between the two countries aimed at

U.S. President Donald Trump shakes hands with President Recep Tayyip Erdoğan as they meet in the Oval Office of the White House in Washington, U.S., Sept. 25, 2025. AFP Photo By Daily Sabah Turkey and the United States are preparing a new strategy to boost bilateral commerce toward the long-standing $100 billion trade target, focusing

South African President Cyril Ramaphosa and European Commission President Ursula von der Leyen meet in Brussels, Belgium, October 9, 2025. Photographer Yves Herman By Reuters The European Union has pledged to invest 11.5 billion euros ($13.3 billion) in South Africa in clean energy, infrastructure and pharmaceutical projects, it said late on Thursday. A large chunk

A shop attendant displays gold necklaces for the camera at a jewellery shop in the southern Indian city of Hyderabad June 30, 2009. Photographer Krishnendu Halder By Reuters Gold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further

By Xinhua News Agency Kenyan President William Ruto on Wednesday launched the construction of the five-billion-shillings (about 38.7 million U.S. dollars) China-Kenya International Commerce Center, a project designed to strengthen Sino-Kenyan trade and investment. Senior government officials, industry executives, and local leaders attended the ground-breaking ceremony for the exhibition complex in Nairobi, Kenya’s capital, which

By The African Exponent The Democratic Republic of Congo (DRC) is the undisputed global leader in cobalt production, supplying an estimated 75-80% of the world’s supply. Its output, a mix of large-scale industrial mines and vast artisanal mining, is so substantial that it dwarfs all other African nations combined. Beneath the DRC, a second tier

By Reuters Kenya’s President William Ruto said on Wednesday his country expects to sign a trade, opens new tab deal with the United States by year-end and that he will be pushing Washington to extend its duty-free agreement with Africa for at least five years. Ruto will be meeting with U.S. Secretary of State Marco