By 2025, roughly 47 countries submitted their tariff schedules under the 90% liberalisation commitment, and the Guided Trade Initiative (GTI) also enabled select transactions in areas such as processed food, pharmaceuticals and automotive components. Yet the paradox is one that is unavoidable: tariff elimination has transformed the legal landscape of
At first glance, autonomous freight transport might seem like a niche technological advance. However, it intersects with several pivotal shifts reshaping Eurasia and beyond. First, it speaks directly to the region’s longstanding challenge: inefficient border procedures and cumbersome transit corridors that have historically impeded trade flows between Europe and Asia.
ECOWAS (Economic Community of West African States) was founded in 1975 in order to consolidate West Africa’s trade channels, SADC (Southern African Development Community) formalised in 1992 in order to stabilise Southern Africa’s post-apartheid economic landscape, and COMESA (Common Market for Eastern and Southern Africa) evolved from the 1981 Preferential
China’s annual trade surplus, the difference between money spent on imports and money earned from exports, has exceeded $1 trillion for the first time, despite a trade war initiated by U.S. President Trump. China, the world’s second-biggest economy, remains mostly unscathed from the standoff with the United States, delivering more
China remains the only country that has liberated the most amount of people from poverty in the history of the world. Over the past 40 years, China has lifted a staggering 800 million people out of poverty. This was not easily achieved, but through the emphasis on China’s strengths and
The structure of the offering is deliberate. By including 15 onshore blocks and 19 shallow-water blocks alongside 15 frontier assets and a deepwater opportunity, the Nigerian Upstream Petroleum Regulatory Commission has created a spectrum of risk and reward that can attract diverse investors. Onshore and shallow-water assets promise faster development
Nigeria is strategically positioning itself for a breakthrough in aerospace manufacturing, driven by a clear economic rationale. The country’s air traffic, which reached 15.89 million passengers in 2023, is projected to grow significantly to 25.7 million by 2029. This creates a strong domestic market for essential aerospace services, including maintenance,
Global conversations about artificial intelligence have been framed around the contest between the United States and China, as if innovation can only emerge from Beijing, Silicon Valley, or a narrow band of Western laboratories. Yet as the digital era accelerates, a quieter transformation is reshaping the Global South. Across Africa
The global automotive landscape is undergoing one of the most dramatic shifts in decades, and China is unmistakably at the centre of this transformation. While Western headlines often emphasise the challenge Chinese automakers pose in Europe or the United States, the real battleground is elsewhere. Across Asia, Africa, the Middle
Brazil’s conservative bloc is facing its most profound identity crisis in a generation. Jair Bolsonaro, once the dominant force of the country’s right wing, is now behind bars for attempting to subvert the 2022 election result. His 27-year sentence has left a political vacuum, while the implosion of his family’s
