• Demand a new deal in and for Africa
• Advocate speedy implementation of AFCFTA
• Call for Increased Investment in Digital Connectivity
Leaders across Africa and the globe have called for deeper collaboration between governments and private sector players to fight the COVID-19 pandemic.
At the 2nd UBA Africa Day Conversations,...
The World Bank has approved a record US$500 million in grants and low-interest loans to help countries in Africa and the Middle East fight swarms of desert locusts that are eating their way across vast swaths of crops and rangelands.
Four of the hardest-hit countries - Djibouti, Ethiopia, Kenya and...
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%...
Nigeria’s currency is expected to come under pressure on the black market this week, with Uganda’s seen firming and Kenya and Zambia’s holding stable.
NIGERIA
Nigeria’s naira is seen weakening on the black market as dollar shortages at official sources cause investors and importers to channel demand to the parallel...
A new weather forecasting system in Africa allows meteorologists to track approaching storms in real time, potentially saving lives from climate-related disasters, scientists said on Monday.
The technology is already used in developed countries but was not available until recently in most of sub-Saharan Africa, according to scientists behind the...
US president Donald Trump continued his funding threats to the World Health Organization, WHO; with a May 18 letter that threatened outright withdrawal of the US from the organization.
The four-paged letter addressed to the WHO Director-General, Tedros Adhanom Ghebreyesus said that the body had 30-days to undertake needed reforms. “I will make my temporary freeze of United States funding...
As the COVID-19 pandemic takes a toll on African health systems and their economies, African governments are staking a claim for debt relief or outright cancellation of debts owed to China and the west.
Ghana’s Finance Minister, Ken Ofori-Atta, and the South African Finance Minister, Tito Mboweni, have been leading...
As the novel COVID-19 pandemic continues to ravage economies, its full toll on agriculture is yet to be reckoned more fully. The restrictions on movement and the limited social interactions will strain livelihoods and the agricultural supply chain as access to inputs and extension support services by the already vulnerable...
The Nigerian naira is seen weakening in the days ahead on the back of accumulated demand, while the Kenyan shilling could steady as importer appetite in the energy sector sags.
Nigeria
Nigeria’s naira is seen weakening on the black market as dollar demand balloons from foreign investors and importers with payment...
Many are calling for a temporary moratorium on all debt repayments by developing and emerging economies, in order to prevent the COVID-19 pandemic from triggering a tsunami of sovereign defaults. Rather than waiting passively until debtors stop meeting their obligations, the argument goes, creditors would be better off agreeing...