Market

As China Reopens, African Countries Gear Up for Business

After three years of closed borders under its strict “zero-COVID” policy, China reopened its doors to allow international travelers in — and Chinese with cabin fever out — a move with economic implications around the world, including in Africa.On the c…

China’s New Foreign Minister Heads to Africa

BEIJING — China’s new Foreign Minister Qin Gang is starting his term with a weeklong trip to five African countries, the Foreign Ministry announced Monday.Qin, who until recently was ambassador to the United States, will visit Ethiopia, Gabon, Angola, …

World food prices hit record high in 2022: UN

PARIS, World food prices fell for a ninth month in a row in December but hit their highest level on record for the full year in 2022, UN data showed.Food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukrai…

Recognizing and tackling a global food crisis

This year, acute food insecurity is projected to reach a new peak, surpassing the food crisis experienced in 2007-2008. A combination of factors—including greater poverty and supply chain disruptions in the wake of the COVID-19 pandemic, the war in Ukr…