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

A drone photo taken on Sept. 16, 2025 shows a view of the Qinzhou Port in Qinzhou City, south China’s Guangxi Zhuang Autonomous Region. As of August 2025, the New International Land-Sea Trade Corridor has expanded its reach to 577 ports in 127 countries and regions, handling over 1,316 product categories. Photographer Zhang Ailin By

Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. Photographer Phil Noble/File Photo By Reuters The pound held steady on Wednesday, hemmed in by a firm dollar ahead of key U.S. inflation data this week, and by a degree of stasis ahead of

By Anadolu Agency Botswana’s President Duma Boko said Thursday that his country signed an agreement with Qatar’s Al Mansour Holdings, which will commit $12 billion in investments to accelerate national development goals. The deal was signed in partnership with state-owned Botswana Development Corporation. “This transformative partnership spans infrastructure, energy, mining, the diamond industry, agriculture, tourism,

By Kenyans A federal agency created by the Canadian government during the tenure of former Prime Minister Justin Trudeau is said to have lost Ksh6.9 billion after investing in a loss-making Kenyan company. According to reporting from the Toronto Sun, FinDev Canada, officially known as the Development Finance Institute, revealed in an internal memo that

Visitors look at Volkswagen cars at the 21st Shanghai International Automobile Industry Exhibition in east China’s Shanghai, May 1, 2025. Photographer Fang Zhe By Xinhua News Agency Since April, a sharp hike in U.S. tariffs on EU-made vehicles has dealt a heavy blow to Europe’s auto industry, causing steep declines in the profits of Germany’s

By The African Exponent Africa’s total economic output crossed $2.8 trillion in 2025, with the top 10 economies accounting for more than 76% of the continent’s GDP. Nigeria, Egypt, and South Africa remain at the forefront, but resource-driven countries like Algeria and Angola saw notable gains due to increased demand for fossil fuels and metals.

A view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. Reuters/Stringer/File Photo By Reuters India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Indian government sources told Reuters on Saturday, not wishing to be identified due to the sensitivity of the