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Africa Loses $12.7bn Disaster-Related Infrastructure Damage – Report

Africa suffers an average of $12.7 billion in annual infrastructure losses from natural disasters, according to a new report by the Coalition for Disaster Resilient Infrastructure (CDRI).

Global Crude Oil Prices Decline by 3%

Global crude oil prices have recorded a 3 per cent decline, falling below the $70 per barrel mark, following Israel’s agreement to a ceasefire deal brokered by US President Donald Trump to end hostilities with Iran.

China Halts U.S. LNG Imports Amid Trade War

Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.

Saudi Arabia, US to Sign Landmark Nuclear Energy Deal

The Kingdom of Saudi Arabia and the United States of America are set to sign a landmark civil nuclear energy cooperation agreement.

AUDA-NEPAD Expands Footprint with New National Office in Republic of Congo

The African Union Development Agency-NEPAD (AUDA-NEPAD) has signed a landmark agreement with the Government of the Republic of Congo to establish a National Office in Brazzaville.

EU Stands ‘Firm’ Against US Tariff Aggression

EU Stands 'Firm' Against US Tariff Aggression The European Union (EU) is taking a strong stance against the US tariffs, vowing to respond firmly and proportionately. European Commissioner for Trade and Economic Security, Maros Sefcovic, expressed deep regret over the US decision, calling the tariffs “unjustified”...