Some senior officials in the Trump administration have agreed to new measures to restrict the global supply of chips to Huawei Technologies, at a time when the COVID-19 pandemic impacts economic growth around the world.
Under the proposed rule change, foreign companies that use U.S. chip-making equipment would be required...
Remittances are a vital source of income for developing countries, and news that global remittances are projected to decline sharply by about 20 percent this year because the COVID-19 induced economic crisis sends the chill.
The projected fall would be the sharpest decline in recent history largely due to a...
The International Monetary Fund (IMF) has said that the coronavirus pandemic’s impact on Sub-Saharan African will come from three main shocks namely, economic disruptions, spillovers from global fallouts, and commodity price shocks.
In its report released from the April 2020 virtual Spring Meetings on Sub-Saharan, the Bretton Woods institution said...
Nuclear energy is one of the more attractive options when considering a clean, reliable and cost-effective energy source
Despite its advancements over the years particularly in the oil, gas and power industries, it is no secret that Africa is still plagued with the very real issue of inefficient energy supply....
In early March, Ethiopian Airlines CEO, Tewolde Gebremariam told an aviation conference in Addis Ababa the coronavirus pandemic was "a temporary problem" -- comparable to a natural disaster or a spike in oil prices.
Several weeks later Africa's largest carrier is locked in what Tewolde describes as "a struggle that...
A strong advocate for intra-African trade because of the manifold benefits it holds, David Ofosu-Dorte - Executive Chairman of law firm AB & David, is positing that African countries should position themselves well in commerce, so as to be known for the distribution of certain goods and services throughout...
The Economic Community of West African States (ECOWAS) has scheduled a virtual meeting of Heads of States of member countries to further discuss the coronavirus situation in the sub-region, tomorrow, April 23.
The ‘Extraordinary Session’ which be held via videoconference follows an earlier meeting involving the “ministers in charge of...
… 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 -...
The African Economic Research Consortium (AERC) Senior Policy Seminar has placed a spotlight on fragility of growth in African economies, seeking to stimulate an informed policy dialogue and related policy-making aimed at reducing identified fragile contexts and building a more resilient African economic sector. However, social and economic issues...
