Image Credit: OPEC Fund The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin America and the Caribbean, and saw the signing of US$362 million in new loan agreements June 19, 2025/OPEC Fund Announcement of over US$1 billion new financing: OPEC Fund […]
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Federal Reserve Issues FOMC Statement
June 18, 2025/US Federal Reserve Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment […]
South Africa Accelerates Drive to Expand Intra-African Trade through AfCFTA
Image Credit: Afreximbank As reported in Afreximbank’s 2024 African Trade Report, South Africa exported $29.6 billion and imported $9.6 billion from African partners, with intra-African exports comprising 26.8% of total exports June 17, 2025/Afreximbank South Africa has reaffirmed its commitment to harnessing the African Continental Free Trade Area (AfCFTA) to […]
