Reserve Bank of Zimbabwe Governor, John Mangudya holds a sample of a gold coin at the launch in Harare, Monday, July, 25, 2022.Zimbabwe has launched gold coins to be sold to the public in a bid to to tame runaway inflation that has further eroded the country’s unstable currency. (AP Photo/Tsvangirayi Mukwazhi) By The Associated

A Chinese unmanned aerial vehicle is presented during a military parade at Tiananmen Square in Beijing, on 1 October 2019 (AFP) Middle East Eye By Paul Iddon Russia’s invasion of Ukraine has allowed China ‘to fill an arms vacuum globally, not just in the Middle East’, experts say China is expanding its arms exports beyond

The British union flag flutters on the Victoria Tower at the Houses of Parliament, as Parliament is recalled to ratify legislation confirming Britain’s departure from the European Union, in London, Britain December 30, 2020. Reuters/Toby Melville By Reuters Britain said on Friday it was disappointed that the European Commission had brought forward legal action against

By Business Daily Africa Wealthy Kenyans are seeking second homes in St Kitts and Nevis, a two-island county in North America. Reason? Its education system is better, it is affordable to get citizenship because the investment requirement is fairer than in other countries and it is crypto-friendly hence attractive to technology investors and entrepreneurs. St

Kenya and Tanzania presidents By The African Exponent Kenya and Tanzania have increased their foreign debts after both countries received approvals for new loans worth over $1.2 billion. The East African countries received confirmation from the International Monetary Fund (IMF) to disburse the loans. The IMF has agreed to give an additional sum of $235.6

A Petro China worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018. Reuters/Stringer/File Photo By Reuters Democratic Republic of Congo will offer 27 oil blocks and three gas blocks, nearly double as many as previously planned, in a licensing round next week, the hydrocarbons ministry

Nigeria’s Aliko Dangote has been Africa’s richest man for much of the last decade. Photo Credit: Time.com By Face2Face Africa The world has 2,668 billionaires, according to Forbes’ calculation. They are collectively worth $12.7 trillion—$400 billion less than in 2021 due to the pandemic. America leads the world with the number of billionaires, totaling 735

Dega Nalayeh Courtesy of Bank of America Business Insider India By Hayley Cuccinello and Aaron Weinman Dega Nalayeh told Insider that she’s currently climbing Mount Kilimanjaro. She’s doing it to honor her sister, Somali-Canadian journalist Hodan Nalayeh, who was killed during a terrorist attack at a hotel in Somalia in July 2019. Dega Nalayeh and

Credit: Business Daily Africa/Kenya’s president Uhuru Kenyatta The International Monetary Fund (IMF) board will meet on July 18 to review Kenya’s request for an additional Sh28 billion ($244 million) in emergency loan, even as the country fell behind on key commitments including the establishment of a central payroll. According to Business Daily Africa reported. The

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 14, 2022. Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth. (AP Photo/Ahn Young-joon) By