Zambia’s economy is expected to grow by more than 4 percent this year helped by the mining, agriculture and construction sectors, Finance Minister Margaret Mwanakatwe said. Economic growth in Africa’s second-largest copper producer rose to 4.1 percent last year, helped in part by higher commodity prices. Officials had initially targeted at...
The Creative Arts industry has consistently demonstrated resilience to many crises over decades all over the world; be it coup d'états, political unrest, economic crisis, health pandemics, lack of legislation and regulatory regimes etc. This resilience is largely due to the upsurge of global demand and export of culture and...
Sub-Saharan Africa’s biggest economies will benefit from a global upswing this year - as long as the U.S.-China tariff dispute does not disturb improving global trade flows, a Reuters poll found on Wednesday. The poll taken in the past week showed economic growth forecasts for South Africa, the continent’s most...
Govt. made great strides to combat cyber-crime and crack down on IP infringement The Government of Egypt has announced that it is setting up a specialized digital forensic lab for Intellectual Property as part of its enforcement schemes of combating software piracy. The new lab, the first of its kind in...
On May 5, 2023, the World Health Organisation (WHO) declared the end of the Coronavirus Disease (COVID-19) as a ‘global health emergency.’ The news represents a significant step towards ending the global pandemic, which began as an outbreak in the Chinese city of Wuhan. The pandemic not only killed...
Rwanda’s economic growth is expected to slow to 2% this year from 9.4% in 2019 as the COVID-19 pandemic hits tourism, transport and hospitality, the finance minister said on Thursday. Presenting the draft budget for 2020-21 fiscal year, Uzziel Ndajigimana said growth was expected to rebound next year to 6.3%...
The Russian Foreign Ministry is preparing for the second Russia-Africa summit in St. Petersburg in July 2023. At the Russian Foreign Ministry, Special Representative of the President of the Russian Federation for the Middle East and Africa, Deputy Foreign Minister of Russia Mikhail Bogdanov, has held a special meeting...
Ivory Coast said last week  it would refuse to validate a U.S.-sponsored report due to be published this month about child labour in its cocoa sector unless the researchers and U.S. government accept changes to the methodology. The report, which is funded by the U.S. Labor Department and scheduled to...
COVID-19 infections in Africa today surpassed 500,000, and there is concern as a growing number of countries are experiencing a sharp rise in cases. So far, in less than five months, the virus has claimed 11,959 lives, overtaking the 11,308 lives lost in the world’s worst Ebola outbreak in West Africa...
The European Union and its free trade agreement took decades to establish. Africa is now hoping it can achieve the same in a fraction of the time. But with Nigeria pulling out, questions are being raised over just how achievable it really is. The vision is a free trade deal encompassing...