The US $1 billion investment will support job creation across the value chain September 19, 2024/Coca-Cola The Coca-Cola System in Nigeria, comprised of Coca-Cola Nigeria Limited and its authorized bottler, Nigeria Bottling Company (NBC), announced plans to expand its investments in Nigeria. Over the next five years, with a predictable […]
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Dangote calls on African business leaders to drive continent’s transformation
The Dangote Group has expanded from Nigeria to 14 countries across the continent, spanning multiple sectors from cement to fertilizers, sugar to oil refineries, petrochemicals, agriculture and more September 13, 2024/Dangote Group The President and Chief Executive of the Pan-African conglomerate, Dangote Group, Aliko Dangote, has called on African business […]
Trade Balances in China and the US Are Largely Driven by Domestic Macro Forces
(Credit: IMF Photo/Raul Ariano) September 12, 2024/IMFBlog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense debate on their causes and consequences. There are increasing worries that China’s external […]
