Economic headwinds hit China-Africa trade as growth slows in 2023
China’s trade with Africa grew modestly in 2023, with bilateral trade reaching a record $282.1 billion, up 1.5% from 2022. However, Africa’s trade deficit with China widened to $64 billion from $46.9 billion the previous year. The slowdown in trade…
South Africa’s gas supply set to plummet, sparking fears of economic crisis
South Africa is facing a looming gas shortage that could trigger the country’s next economic crisis, industry experts have warned. Gas shortages are expected between 2026 and 2027 as South Africa’s largest gas producer, Sasol, reduces fuel production from its…
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