In global trade corridors the renminbi (RMB) is maturing, albeit with some teething issues as it evolves from an emerging-market currency to a fundamental global reserve. In 2016, policymakers in China pivoted toward an agenda of economic stability, inadvertently allowing the RMB internationalisation project to find its own feet for the first time. According to …
Countries require $2.4 tln to meet needs, U.N. goals Investments fall short under current trend Fighting corruption, reforms key to attracting capital A group of 10 African nations, including some of the continent’s rising economic stars, will fall $1 trillion short of the infrastructure financing required to meet U.N. development goals by 2040, a study …
The European Union and its free trade agreement took decades to establish. Africa is now hoping it can achieve the same in a fraction of the time. But with Nigeria pulling out, questions are being raised over just how achievable it really is. The vision is a free trade deal encompassing 1.2 billion people stretching …