Free trade is increasingly coming under fire by populist leaders. President Donald Trumphas been accused of starting a global trade war after imposing higher tariffs on steel and aluminum products, a move that prompted some of America’s biggest trading partners and longest allies to increase their own tariffs. And, in Italy, the election of an anti-establishment,…
Global and African financial heads identified country risk as the biggest challenge to their ability to lend more to African countries. Speaking in Abidjan during a one-day forum on investment risks in Africa hosted by the African Trade Insurance Agency (ATI) (www.ATI-aca.org), experts acknowledged that the abundance of current liquidity in the market did nothing…
The World Bank has approved of $2.1bn loan for seven projects to be executed in Nigeria. The loan was announced in a statement issued by World Bank Country Director for Nigeria, Rachid Benmessaoud in Abuja on Thursday. According to the statement, the loans were approved in Washington on Wednesday and are for seven projects to…