Building successful African enterprises

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight.

The devaluation of the naira against the dollar has plunged Nigerians into a deep socio-economic depression. The price of basic foodstuffs can double or even triple in the same day.

The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic.

China's minister of commerce is in Europe for a week-long trip, with a focus on pushing back against accusations of unfair state subsidies in the Chinese electric vehicle sector.

Georgia has erupted in protest once again, as the ruling Georgian Dream party pursues a "foreign agents" bill in parliament – something that has left a question mark hanging over the country’s European ambitions. The EU granted the ex-Soviet nation candidate status to join the bloc last December. We speak to Georgia's President Salomé Zourabichvili, who plans to veto the final draft of the law, but admits that parliament can still override her veto. That makes the October 26 election even more crucial for re-asserting the country’s European path, she says.

Cryptocurrencies such as bitcoin promise quick profits – an attraction that aids scammers fleecing investors of their funds.