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Tag Archives: global trade

Africans take the lead on the global stage

Africa’s rising stars in global trade and development finance, show the world that it’s finally the continent’s time to shine, writes Gina Din-Kariuki The World Bank Group recently named longtime vice president Makhtar Diop to replace Philippe Le Houérou as head of the International Finance Corporation (IFC), making him the …

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WTO estimates 18.5-pct decline of global trade in Q2

Kampala, Uganda | XINHUA | The volume of global merchandise trade would shrink by around 18.5 percent year-on-year in the second quarter of this year, the World Trade Organization (WTO) said Tuesday. “The fall in trade we are now seeing is historically large — in fact, it would be the steepest …

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COVID-19 triggers decline in global trade

Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic cut global trade values by 3% in the first quarter of this year. This is according to the latest UN Trade and Development Conference (UNCTAD) data published in a joint report by 36 international organizations. The report says the pandemic has led …

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