International Monetary Fund
Suez Canal revenue collapse: Egypt suffers major blow in 2024
Officials announced Wednesday that Egypt’s Suez Canal revenue plunged by nearly two-thirds in 2024, citing escalating regional tensions and ongoing Middle East conflicts as the primary causes of the sharp decline in maritime traffic through the vital waterway. The Suez Canal, a key artery for international trade, has long been a critical source of foreign…
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These African countries are among the World’s 10 poorest in 2024
Although the International Monetary Fund (IMF) projects that the global economy will remain...
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Recount Gives Nigeria Biggest GDP in Africa
Nigeria’s economy is worth $510bn after recalculation according to officials. The recount...
