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Nigeria, Russia To Resuscitate Ajaokuta Steel Company

Nigeria, Russia To Resuscitate Ajaokuta Steel Company

The Federal Government and Russia, Tuesday, agreed to partner in resuscitating the comatose multi-billion Dollar Ajaokuta Steel Company. This was disclosed in a statement signed by the Press and Public Relation Unit of the Ministry of Mines and Steel Development, where the Minister of Mines and Steel Development, Olamilekan Adegbite, during a courtesy visit of […]

China Institutes Tough Rules for Avocado Farmers

China Institutes Tough Rules for Avocado Farmers

A logistical nightmare and the high costs of meeting tough conditions required for the export of Kenyan avocados to China are threatening to choke the lucrative deal inked last month. The stringent conditions, which include requiring a farmer to peel and freeze the fruit before export, could lock out thousands of small-scale farmers who are […]

Xi Urges Fellow BRICS Countries To Reject Go-It-Alone Trade

Xi Urges Fellow BRICS Countries To Reject Go-It-Alone Trade

Chinese President Xi Jinping said there would be no winner in a global trade war, urging fellow developing powers on Wednesday to reject unilateralism in the wake of tariff threats by U.S. President Donald Trump. Trump’s warnings have given Brazil, Russia, India, China and South Africa fresh impetus to enhance trade cooperation, and their leaders […]

Algeria Bans Imports Of Cell Phones, Veg And Other Goods To Curb Trade Deficit

Algeria Bans Imports Of Cell Phones, Veg And Other Goods To Curb Trade Deficit

Algeria has temporarily banned the import of 900 products including cell phones, household appliances and vegetables in a bid to cut a ballooning import bill following a fall in energy earnings, according to an official document seen by Reuters. The OPEC member has been trying to cut spending since crude oil prices started falling in […]

Global Partners Discuss Key Data and the Future of U.S.-Africa’s SMES

Global Partners Discuss Key Data and the Future of U.S.-Africa’s SMES

Ahead of President Obama’s second U.S.-Africa Business Forum planned for New York on September 21, 2016, the FEEEDS Initiative —Food Security, Education, Environment-Energy, Economics, Democracy-Development and Self-help— in partnership with GALLUP, hosted the third annual forum on Africa in Washington, D.C. to discuss the importance and impact of Africa Diaspora small and medium size Enterprises […]

Cultural Goods Remain Economic Driver in Digital Age – UNESCO Report

Cultural Goods Remain Economic Driver in Digital Age – UNESCO Report

A United Nations Educational, Scientific and Cultural Organization (UNESCO) report launched today finds that the trade in cultural goods doubled from 2004 to 2013 despite a global recession and a massive shift among consumers of movies and music towards web-based services. The study from the UNESCO Institute for Statistics (UIS), The Globalisation of Cultural Trade: […]