11 Mar, 2026

Nigeria Calls for Energy Partnership with Gulf Producers

Foreign minister says cooperation could help secure global oil and gas supply during regional tensions.

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10 Mar, 2026

Lula Calls for Stronger Brazil–South Africa Defence Cooperation

Brazilian leader warns that lack of military preparedness could leave nations vulnerable.

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9 Mar, 2026

Rising Oil Prices from Iran Conflict Put Pressure on African Economies

Analysts warn higher fuel costs and weaker currencies could drive inflation across the continent.

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4 Mar, 2026

Türkiye Gains Recognition Under EU “Made in EU” Industrial Policy

Ankara welcomes confirmation that the Customs Union framework will be acknowledged within Europe’s new industrial strategy.

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26 Feb, 2026

IMF Unlocks $2.3 Billion for Egypt After Programme Reviews

Funds released as Cairo advances economic reforms

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18 Feb, 2026

Japan’s New Prime Minister Eyes Stronger U.S. Partnership

Takaichi plans Washington visit to boost cooperation on rare earths and economic security

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5 Jan, 2026

The ounce price of gold rose by 2.1% on Monday compared to the last week amid geopolitical issues. The price of gold was $4,421 as of 0720GMT, increasing by around $90 per ounce from Friday to Monday. Tensions between the US and Venezuela have escalated to a new level, following Washington’s military operation on Saturday, with the country’s leader Nicolas Maduro and his wife “captured” and flown to the US to face criminal charges. The US raid on Venezuela and President Donald Trump’s threats against other countries have heightened geopolitical concerns globally, leading to increased demand for gold. The price of gold, recently hitting record highs one after another due to “dovish” expectations toward the US Federal Reserve and other central bank purchases, has also increased amid geopolitical risks following the steps taken by the US. Last month, gold rose to a record $4,525.96 per ounce. Silver’s price also rose by 3.94%, hitting $75.5 per ounce on Monday.

Gold prices climbed more than 2 percent as geopolitical risks increased global uncertainty and boosted demand for safe-haven assets, while silver also recorded strong gains.

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28 Dec, 2025

Bulgarian Lev to Be Replaced by the Euro in 2026 as Bulgaria Joins the Eurozone

Bulgaria will replace its national currency, the lev, with the euro on January 1, 2026, ending nearly 145 years of the lev’s circulation as the country formally joins the Eurozone.

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25 Dec, 2025

US Economy Posts Fastest Growth in Two Years

The US economy expanded at an annual rate of 4.3% in the third quarter, marking its strongest performance in two years, driven mainly by higher consumer spending and a rebound in exports.

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23 Dec, 2025

Fitch Upgrades Ukraine’s Credit Rating Following Debt Restructuring Progress

Fitch Ratings has raised Ukraine’s long-term foreign currency credit rating from “Restricted Default” to “CCC,” citing advancements in debt restructuring and improved relations with external commercial creditors. Despite the upgrade, Ukraine’s rating remains below investment grade.

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