Commodity tracking has changed the way businesses monitor and analyze market trends in Africa. In the market of Africa, commodities like oil, gold, cocoa, and diamonds stand leading and shaping…
Browsing: Trade
Major shipping incidents, such as the recent Baltimore bridge disaster and the Red Sea crisis, are highly detrimental to global supply chains. Attacks by Houthi rebels on vessels in the…
Qatar Free Zones Authority (QFZ) and FedEx Logistics, a subsidiary of FedEx Corporation (NYSE: FDX), signed a Memorandum of Understanding (MoU) to facilitate the establishment of a regional logistics facility…
The United Kingdom has made a significant announcement regarding the temporary suspension of export tariffs on cut flowers originating from East Africa. Effective from April 11, 2024, to June 30,…
Africa’s richest person, Aliko Dangote, is thinking about doing something new and ground-breaking. He is looking to create a special part of his business that trades oil. This part could…
Amidst disruptions to traditional trade routes, unpredictable shipping times and soaring freight tariffs caused by the conflict in the Red Sea region, the opportunities the African Continental Free Trade Area…
eBay is set to undergo a significant workforce reduction, cutting approximately 1,000 jobs, equivalent to 9% of its full-time employees, as well as trimming work for external contractors. The decision…
The Kenyan Government is set to exit its Government to Government (G2G) deal that it had launched back in April 2023. The G2G oil supply deal was an agreement between…
Tanzania has announced the withdrawal of approval for Kenya’s national carrier to operate passenger services between the two countries, starting the following week. The Tanzania Civil Aviation Authority, acting on…
Uber is set to close down its alcohol delivery service, Drizly, three years after acquiring it for $1.1 billion. Drizly operated independently under Uber’s ownership, and the decision to shutter…