Zimbabwe has announced an immediate freeze on exports of all raw minerals and lithium concentrate, tightening state control over resources critical to global clean-energy and defense industries. Government Statement Mines Minister Polite Kambamura confirmed the ban in a statement on Wednesday, stressing that the measure was taken in the national…
Nairobi, Kenya – The Cabinet has approved a Ksh.4.7 trillion budget for the 2026/27 financial year, surpassing the current fiscal year by Ksh.100 billion. The move signals continued fiscal expansion, though the government acknowledges the persistence of a budget deficit that will require borrowing and other financing measures. Revenue and…
Singapore – Singapore has raised its economic growth forecast for 2026, citing booming demand for artificial intelligence (AI)-related products and resilient global trade despite the impact of US tariffs. The Ministry of Trade and Industry announced Tuesday that gross domestic product (GDP) is now expected to expand between 2.0% and…
Nairobi, Kenya – President William Ruto has announced that the government is elevating research and innovation to a central pillar of higher education, underscoring Kenya’s commitment to building a knowledge-driven economy. Speaking at State House, Nairobi, on Wednesday during the award of a charter to Bomet University, the President said…
A delegation from the International Monetary Fund (IMF) is expected in Libreville next month as Gabon seeks technical support to implement a reform program aimed at stabilizing its economy. Reform Talks Intensify Although Gabon has not made a formal request for a loan, Finance Minister Thierry Minko told Reuters this…