There is a need to focus on fundamentals: producing more of what Africa consumes and consuming more of what Africa produces
The COVID-19 pandemic and its health and economic impacts have forced a global rethink of the current multilateral framework and what it means for the future. For Africa, COVID-19...
Nigeria will block flights from countries that do not allow Nigerian flights to land due to coronavirus restrictions, Aviation Minister, Hadi Sirika said on Thursday.
“The principle of reciprocity will be applied,” Sirika told reporters. “If you ban us from coming to your country, the same will apply the other...
Africa is beginning to slowly “bend the curve” of COVID-19 infections as measures like mask-wearing and social distancing slow down the spread of the pandemic on the continent, the Africa Centres for Disease Control and Prevention said last week Thursday.
Although the spread of the COVID-19 outbreak was slow in...
Tanzania's shilling is expected to gain ground against the U.S. dollar this
week, while Kenya's will weaken, traders said.
KENYA
The Kenyan shilling is seen weakening due to dollar demand from merchant importers and firms in the energy sector, which normally increases in the last days of the month.
Commercial banks quoted the...
Amid global travel restrictions, social distancing protocols and prohibitions on mass gatherings, the world’s meetings, incentives, conferences and exhibitions (MICE) segment has been forced to adapt to the coronavirus context, with some events shifting online and others being deferred.
Before the outbreak of the virus – and the subsequent introduction...
In her weekly media briefing July 23, Foreign Ministry Spokeswoman Maria Zakharova criticized United States support for educational programs, media and NGOs in Africa. In addition, Zakharova said "the allocation of grants fits into the White House's efforts to promote the idea that there is no alternative to Western...
… AfCFTA’s long term success linked to a change in African women buying behaviours
Female buying power has been on the increase for decades as women have come to dominate the consumer landscape as earners, buyers and influencers. Yet, little is known about the impact of women’s consumer power on...
Nigeria will reopen its airports for international flights from Aug. 29, its aviation minister said on Monday.
The airports have been closed since March 23 to all but essential international flights as part of the country's efforts to combat the COVID-19 pandemic.
Aviation Minister Hadi Sirika said four flights will begin...
African e-commerce group Jumia’s revenues slid by 10% in the second quarter, dashing hopes that lockdowns aimed at stemming the spread of the new coronavirus would lead to a flood of online orders.
Still, the loss-making company highlighted an 8% rise in orders and ongoing cost cuts that its co-CEO...
Zambian and Kenyan currencies are seen facing pressure this week as those of Nigeria, Uganda and Tanzania hold steady.
ZAMBIA
The kwacha is expected to remain under pressure against the US dollar this week due to declining supply of hard currency.
On Thursday, commercial banks quoted the currency in Zambia, Africa’s...