Africa: Opinion – Pragmatism Driving Africa’s Quiet Yuan Shift

[ad_1] Throughout a lot of the Western monetary press, Africa’s rising use of China’s renminbi (RMB) is commonly framed by the lens of geopolitics, increasing Chinese language affect and shifting world alliances. But beneath the political framing lies a much more sensible story, one rooted in value administration, effectivity and monetary pragmatism. Kenya gives one…

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104K Rooms Drive Procurement Shift

[ad_1] Africa’s hospitality business is experiencing fast enlargement, with 577 accommodations and resorts at the moment in improvement, totaling 104,444 rooms, representing a 13.3% year-on-year enhance (W Hospitality Group, 2025). The strongest progress is concentrated in North Africa, led by Egypt (33,926 rooms) and Morocco (8,579 rooms), whereas key Sub-Saharan markets embody Nigeria (7,320 rooms),…

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Warfare spurs EU plan for electrical energy tax cuts, sooner shift from fossil fuels, draft reveals

[ad_1] By Kate Abnett BRUSSELS, April 14 (Reuters) – The European Union plans to cut back electrical energy taxes and develop clear applied sciences sooner to chop shoppers’ publicity to hovering oil and gasoline costs, as a part of its plan to offsetthe Iran conflict’s vitality affect, a draft doc confirmed. Europe’s ​heavy reliance on…

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