BUSINESS
IMF Forecast: Middle Eastern Conflicts to Widen Economic Inequality
The International Monetary Fund warns that ongoing conflicts in the Middle East will exacerbate global economic disparities.
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He Bowed, Trembled and Prostrated. By Chidi Amuta
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the…
Peter Obi, and Why It Matters Now. By Chris Chinwe Ulasi
Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the…
The Man Without a Price, Ralph Obiọha (Ọkpụrụisizuruọha II). By Elsie-Bernadette Onubogu
Special to USAfricaonline.com, the first African-owned, U.S.-based newspaper published on the internet and USAfrica magazine.…
USAfrica: Obama blasts Trump as an agent of “chaos and cruelty and corruption”
USAfricaonline.com: U.S. former President Barack Obama, campaigning on October 24, 2026 at one of his…
Latest BUSINESS
U.S. raises concerns over Congolese cobalt and child labour
In September, the U.S. Department of Labor included cobalt from the Democratic Republic of Congo (DRC) on its list of…
New withholding tax regime set to begin January 2025
The Federal Inland Revenue Service (FIRS) has announced that the newly gazetted withholding tax regulations will take effect starting January…
U.S. increases investment thresholds for international entrepreneur
Effective October 1, 2024, the U.S. will raise the minimum investment and revenue thresholds for the International Entrepreneur Rule (IER),…
Libya parliament appoints new central bank governor
Libya's eastern parliament has appointed Naji Mohamed Issa Belqasem as the new governor of the central bank, following the dismissal…
Egypt: Suez Canal revenues drop due to Houthi attacks, says President
Egyptian President Abdel Fattah el-Sissi announced on Sunday that the country's revenues from the Suez Canal have plummeted by 60%,…
AFC to lead $100M financing for Itana’s digital economic zone in Lagos
The Africa Finance Corporation (AFC) has announced its role in leading the financing for Itana's Digital Economic Zone, a project…
Zimbabwe’s new currency falls over 40% amid central bank exchange rate adjustments
Zimbabwe's new currency, the ZiG, has depreciated by over 40% following recent adjustments by the country's central bank aimed at…
Putin and Equatorial Guinea president discuss energy collaboration in Moscow
Russian President Vladimir Putin met with Teodoro Obiang Nguema, the President of Equatorial Guinea, in Moscow to discuss the successful…