The African Export-Import Bank (Afreximbank) has reported its strongest financial performance to date, with 2024 net income rising 29% year-on-year to $973.5 million. Total income reached $3.3 billion, up 23%,… read more →
The UK government has suspended third-country duty – also known as MFN tariffs on 89 products, expressing an ambition that the savings will be passed on to consumers. Whilst timing of the press release appears to coincide with the imposition of 10% US tariffs applied in addition to existing most favoured nation (MFN) rates on most UK exports to the United States, the suspended tariff announcements are the outcome of a 2024 consultation.
India is the world’s second-largest country by population yet only the fifth-largest by economy. But it is growing fast. Many experts anticipate that by the close of the decade, it… read more →
2 The UK Government has extended a £184 million credit guarantee to support one of Taiwan’s largest offshore wind developments. The guarantee will unlock £55 million in contracts for UK-based… read more →
Thailand has officially acceded to the United Nations Convention on the Use of Electronic Communications in International Contracts (ECC), becoming the 19th State Party and the third ASEAN member to… read more →
In ports and boardrooms around the world, patterns of commerce that once seemed immutable are shifting with the geopolitical tides. Wares that a decade ago would travel directly from Shanghai… read more →
The UAE’s Comprehensive Economic Partnership Agreements (CEPAs) with Costa Rica and Mauritius officially came into force on Wednesday. These two agreements are the latest to take effect under the CEPA… read more →
The Public Investment Corporation (PIC), a South African government-owned investment fund that manages the Government Employees Pension Fund (GEPF), has invested $40 million to become Africa50’s 36th shareholder. Africa50 is… read more →
23 March 2025 The United Arab Emirates (UAE) has announced plans to invest $1.4 trillion in the United States over the next decade. The announcement follows a series of meetings… read more →