African leaders have their work cut out to make the continental free trade area a success. Wikimedia Commons Most economists see structural transformation as one of the main routes to Africa’s sustainable development. What it means is changing the share of agriculture, manufacturing and services in an economy. It is...
Kenya Airways resumes international flights to 30 destinations across Africa, Europe and the Middle East Kenya Airways (KQ) resumed its international passenger services on Saturday 1 August 2020, following the easing of movement restrictions as directed by President Uhuru Kenyatta. The first international flights on 1st August departed to the...
Southern Africa’s economic output will shrink by as much as 6.6% this year due to the impact of the coronavirus pandemic, the African Development Bank (AfDB) has said. The bank’s best-case scenario sees output growth at -4.9% with a 6.6% contraction forecast under its worst-case scenario. That is against its...
As women in hairnets and anti-coronavirus masks sort through folded nappies coming off a conveyor belt, the head of the Nigerian firm they work for wonders how much longer he can afford to keep them in employment. Around 80% of the materials that go into Lagos-based diaper and sanitary towel...
Misheck Mutize IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries. A debt service relief package has been approved by some of the world’s biggest lenders for more than 25 African countries. The arrangement includes the World Bank, the International...
The US government has said it is committed to supporting the country to achieve a ‘malaria-free society’ while encouraging healthy living, including the use of mosquito-nets and early testing and treatment of malaria. The US Ambassador to Ghana, Stephanie S. Sullivan, said whereas the latest country data show some remarkable...
Worldwide The Netherlands contributed at the beginning of April the amount of €100million to the WHO for the fight against COVID-19 in the more vulnerable countries. This support aims not only at preventing and combatting COVID-19 but also focusses on mitigating socio-economic consequences. At the beginning of last July, the Dutch...
The International Air Transport Association (IATA) released data for global air freight markets in June showing improvement, but at a slower pace than some of the traditional leading indicators would suggest. Global demand, measured in cargo tonne-kilometres (CTKs), fell by 17.6% in June (-19.9% for international operations) compared to...
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implemented EU REACH project - Resilience Against Climate Change, in close collaboration with private sector actors, public partners and community leadership undertook a community outreach tree-planting exercise in each of its 18 baseline communities in the Upper West and Savannah Regions...
The African Continental Free Trade Area (AfCFTA) represents a major opportunity for countries to boost growth, reduce poverty and broaden economic inclusion, a new World Bank report has found. If implemented fully, the trade pact could boost regional income by 7% or US$450billion; speed-up wage growth for women; and...