Trending
- Wärtsilä Energy offers tips on how Africa can navigate energy transition and grid reliability
- Powering Africa: Africa’s Path to Universal Electricity Access
- Global investment trends at AIM Congress 2024: a spotlight on the keynote speakers
- South Africa’s deepening investment ties in South Sudan oil industry
- Agribusiness could drive Africa’s economic prosperity
- Dawood Al Shezawi: Why AIM Congress 2024 is the epicenter of global economic and cultural dialogues
- d.light’s 600,000 cookstoves project verified as top source of quality carbon credits
- Artificial intelligence (AI) could create a turning point for financial inclusion in Africa
Browsing: Standard Chartered
- Global trade will grow by 70 per cent from USD17.4 trillion to USD29.7 trillion by 2030, data by Standard Chartered has shown
- The Future of Trade 2030: Trends and markets to watch report reveals 13 markets that will drive much of this growth, identifies major corridors, and five trends shaping the future of global trade
- The research found that 10 per cent of global corporates currently do or plan to manufacture in Kenya within the next five to 10 years
Global trade will grow by 70 per cent from USD17.4 trillion to USD29.7 trillion by 2030, a new research by Standard Chartered has projected.
The Future of Trade 2030: Trends and markets to watch report reveals 13 markets that will drive much of this growth, identifies major corridors, and five trends shaping the future of global trade.
Kenya is a key driver of this global trade growth, with its exports …
Nigeria’s high food prices pushed annual inflation last month after borders with neighbouring countries were closed in a crackdown on smuggling.
In August, Nigeria closed parts of its borders to fight smuggling of rice and other goods.
The head of customs confirmed last month that all trade in goods through land borders had been halted indefinitely.
On Monday the National Bureau of Statistics said, Nigeria’s annual inflation was 11.61% in October a rise from 11.24% in September, noting that it is the highest rate since May 2018.
A separate food price index showed inflation at 14.09% in October, compared with 13.51% September.
“This rise in the food index was caused by increases in prices of meat, oils and fats, bread and cereals, potatoes, ham and other tubers, fish and vegetables,” said the statistics office in its report.
The chief economist for Africa and the Middle East at Standard Chartered, Razia …