Market

Biden Revives Trump’s Africa Business Initiative

The Biden administration on Tuesday announced a new push to expand business ties between U.S. companies and Africa, with a focus on clean energy, health, agribusiness and transportation infrastructure on the continent. U.S. industry executives welcomed…

Efforts to Boost South Sudan Agriculture Found Lagging

While people in South Sudan have enjoyed independence for the past 10 years, one longstanding problem – food insecurity – still hangs over the world’s newest nation despite vast areas of arable land.A World Food Program report published in June said 60…

World Bank Says Zimbabwe’s Economy on Recovery Path

In a report this month, the World Bank predicts Zimbabwe’s economy will grow 3.9% this year even as the country sees an alarming rise in poverty levels, especially in urban areas. The report says a record 7.9 million Zimbabweans are “extremely” poor, e…

Tigray Families Displaced by War, Economic and Social Crisis

Hundreds of displaced families trampled down the stairs carrying stained mattresses, logs and kindling for cooking and sacks of clothing and food. The families, more than 5,000 people in all, had fled battles in the northern Tigray region to Shire, a…