economy

economy

Africa's Venture Capital landscape faces challenges

Africa’s Venture Capital landscape faces challenges

Africa-Press - Lesotho. Recent years have been a rollercoaster for Africa's venture capital scene. Investments in African startups surged from $1.3 billion to $4...
OECD unemployment rate stable at 4.9% in March

OECD unemployment rate stable at 4.9% in March

Africa-Press - Lesotho. The unemployment rate in the Organization for Economic Cooperation and Development (OECD) area in March remained unchanged for the sixth consecutive...
Oil up with positive demand outlook in world's biggest crude consumers

Oil up with positive demand outlook in world’s biggest crude consumers

Africa-Press - Lesotho. Oil prices increased on Thursday, supported by increasing demand in the US, the world's largest oil consumer, and softening inflation concerns...
Over 1000 CEOs, presidents, investors to converge in Rwanda for African CEO Forum 2024

Over 1000 CEOs, presidents, investors to converge in Rwanda for African CEO Forum 2024

Africa-Press - Lesotho. More than 1000 Chief Executive Officers (CEOs), 75 Presidents, Ministers, a host of investors, and about 200 journalists from 73 countries...
AfDB mobilises Sh287bn for Africa’s clean cooking drive

AfDB mobilises Sh287bn for Africa’s clean cooking drive

Africa-Press - Lesotho. Several governments and the private sector across the globe have pledged to contribute $2.2 billion (Sh287 billion) towards funding Africa’s clean...
African gaming wants to make its mark on the global scene

African gaming wants to make its mark on the global scene

Africa-Press - Lesotho. At first glance, video games seems to be reserved for an audience of "insiders". Yet the industry is one of the...
Oil up with US demand increase, supply concerns amid wildfires in Canada

Oil up with US demand increase, supply concerns amid wildfires in Canada

Africa-Press - Lesotho. Both oil benchmarks surged on Wednesday with increased demand in the US, the world's largest oil-consuming country, and concerns of supply...
Oil down ahead of key US inflation data, strong dollar index

Oil down ahead of key US inflation data, strong dollar index

Africa-Press - Lesotho. Oil prices declined on Tuesday amid a strong US dollar index and ahead of key US inflation data and speeches from...
Halal fair opens in Tatarstan as part of 15th KazanForum

Halal fair opens in Tatarstan as part of 15th KazanForum

Africa-Press - Lesotho. Russia’s trading platform for Muslims, the International Trade Fair Kazan Halal Market, opened on Tuesday as part of the 15th international...
More relief at pump likely as global benchmark oil prices drop

More relief at pump likely as global benchmark oil prices drop

Africa-Press - Lesotho. Global oil prices have recorded a six per cent decline ahead of the Energy and Petroleum Regulatory Authority(EPRA) May-June monthly pricing...