At the end of their four-day deliberations, African leaders and participants have issued a joint statement relating to the future of economic diversification and industrialisation in Africa. The summit provided the opportunity to take stock of the progress made during the year on the drive toward industrialisation. It also...
Zimbabwe has bought two Boeing 777 aircraft and an Embraer plane from Malaysia, the finance minister said on Wednesday, adding the planes would be leased to a new local airline until national carrier Air Zimbabwe returned to profitability.
Patrick Chinamasa said Harare had agreed with an unidentified Malaysian firm to...
… to energise Africa’s industrial capabilities post COVID-19
Legal, policy and transactions specialist David Ofosu-Dorte wants the July 1 starting date for the African Continental Free Trade Area (AfCFTA) maintained. According to him, the move will engage the consciousness of African leaders and push them to support each other -...
Ivory Coast’s Coffee and Cocoa Council (CCC) is introducing reforms aimed at boosting domestic exporters, including by reducing fees they pay when acquiring beans, CCC and industry sources said.
The new measures also limit stockpiling of beans by multinational traders that domestic exporters say drive up prices and prevent them...
Total confirmed coronavirus cases in Africa have passed 750,000, a Reuters tally of government and World Health Organization data showed on Wednesday.
The tally showed the continent had 751,151 cases, 15,721 deaths and 407,461 recoveries. Cases crossed the 500,000 mark on July 8.
The virus hit Africa later than other continents...
Access to energy is a catalyst for development anywhere in the world. In Africa, energy poverty has been a major constraint to not just economic development but increasingly to trade.
“These constraints can only be addressed if there is access to energy, and the energy gap is closed. More than...
Since our president is currently chairing the regional body ECOWAS, it is appropriate to revisit the lingering tension between Ghanaian traders and their Nigerian counterparts. In today’s edition of the B&FT, a concise feature that dissects the problem and offers irrefutable answers to the nagging problem is published.
We entreat...
The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has urged the 37 countries which have ratified the African Continental Free Trade Area Agreement to resort to the dispute settlement body that has been set up to address any challenge they might face.
He has also asked...
Co-Authored by Dr. Maxwell Ampong & Rya G. Kuewor
GLOBAL TOPICS AT DAVOS 2022
The World Economic Forum’s Annual Meeting, took place this past week from May 22nd to 26th, 2022. The Agenda for the meeting was to contemplate and discuss current global contexts and explore and fashion new (global) collaborations....
South African President Cyril Ramaphosa has ordered the country’s Special Investigating Unit (SIU) to probe allegations of maladministration at state run-power utility Eskom and logistics group Transnet, the government said on Friday.
Ramaphosa, who replaced former president Jacob Zuma in February, has made the fight against corruption a key plank...