Sunday, October 17, 2021
The grounding of an ultra large container ship in the Suez Canal brought traffic on the central shipping route between Europe and Asia to a standstill. In this Q&A, Allianz Global Corporate & Specialty (AGCS) Global Head of Marine Risk Consulting, Captain Rahul Khanna looks at some of the...
Investigations by Swiss prosecutors into alleged cases of money laundering by Businessman and Venezuelan diplomat, Alex Saab, have ended after insufficient evidence was found to support the claims. The investigation only proved that there were movements between accounts at Swiss Banks. Swiss prosecutors have been on the matter for over 3years...
The United States expects to “celebrate independence” from COVID-19 by Independence Day (July 4), when vaccines will have been made available to all adults. But for many developing countries and emerging markets, the end of the crisis is a long way off. As we show in a report for...
The second Intra-African Trade Fair (IATF2021) has now been scheduled for December 2021. The African Export-Import Bank (Afreximbank), African Union (AU) and government of Rwanda have decided to shift the date of the continental trade fair, which was previously scheduled to be held from 6 to 12 September 2021...
Real GDP is projected to grow by 3.4% in 2021 after contracting by an estimated 2.1% in 2020 Africa is set to recover from its worst recession in half a century. Real GDP is projected to grow by 3.4% in 2021 after contracting by an estimated 2.1% in 2020, mainly...
Central banks in some of sub-Saharan Africa’s biggest economies may be more concerned about the impact of a potential third wave of coronavirus infections and a slow rollout of vaccines than quickening inflation, leaving borrowing costs unchanged for now. Monetary policy committees in Ghana, Nigeria, South Africa, Kenya and Angola...
Lawyer for Venezuelan diplomat, Alex Saab, at the ECOWAS court, Femi Falala, wants Cape Verde to be slapped with sanctions for refusing to obey a March 15 ruling by the court. The ECOWAS court has ruled that Alex Saab should be immediately released from detention as Cape Verde did not...
Want to achieve quick time-to-value on your digital transformation efforts while still building toward greater future capabilities? This is what you need to know.     Organisations have experienced immense disruption over the past year. Many have had to reinvent their operating models, their product or service offerings and, in some cases,...
Implementation of the African Continental Free Trade Area (AfCTA) is likely to enslave Africans to the rest of the world if the challenges associated with the program are not fixed, the think-tank group Citizen Watch has revealed. Currently, it is estimated that Ghana needs about US$5billion annually for the next...
Historically, demographics has been a slow-moving variable. But the East Asian economies – especially China, Japan, and South Korea – have flipped so fast from rapid population growth to decline that they practically have whiplash. As a planned economy, China was once obsessed with expanding its population. But, in 1957,...
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