World trade growth is expected to slow this year, dampened by the war in Ukraine, inflation, tighter monetary policies, and financial uncertainty, according to WTO projections released on Wednesday. The outlook for the global economy has improved slightly since the World Trade Organization's most recent trade forecast was released in October, but the pace of trade expansion in 2023 is expected to be "weak".
Africa’s travel market is open and booming. This is a sentiment expressed by an estimated 600 exhibitors at this year’s World Travel Market Africa in Cape Town, South Africa. This after the industry sustained serious damage due to Covid-19.
US Vice-President Kamala Harris heads to Africa to cement the Biden administration's strategy to strengthen the US-Africa relationship and expand private sector investment. But what is Washington's end-game on the continent? Kamala Harris started a weeklong trip to Africa on 26 March in a bid to ramp up US investment on the continent and counter the rising influence of Russia and China.