Ouided Bouchamaoui, the 2015 Nobel Peace Prize Co-Laureate, has warned that Africa’s growing youth population could be a plus for Africa or a political time-bomb. This, according to her, depends on how leaders anticipate the future.
In remarks she made at the African Development Bank’s Eminent Speaker Series seminar on...
Optimism in global economic growth reaches record level and rises in all countries
US reinforces its lead on China as a target market for growth in 2018
Over half of CEOs expect their headcount to increase
Terrorism, geopolitical uncertainty, cyber and climate change rise as threats to growth
A...
Kenya’s central bank governor said on Tuesday the country’s interest rate cap was holding back the economy, but still forecast that growth would speed up to 6.2 per cent in 2018.
Patrick Njoroge told reporters in Nairobi that the forecast could go higher in the event of a supportive fiscal...
Egypt’s economy will grow 4.2 percent in the fiscal year that began in July, well below government projections of 5.3-5.5 percent, economists said in a Reuters poll published on Tuesday.
The economy has struggled since the 2011 uprising against Hosni Mubarak drove tourists and foreign investors away, but sweeping reforms...
Bitcoin has traded below $10,000 for the first time since early December.
The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to the price index run by the news site Coindesk.
That represents a drop of nearly 50% since it peaked close to $19,800 five...
Recent developments
Growth in Sub-Saharan Africa is estimated to have rebounded to 2.4 percent in 2017, after slowing sharply to 1.3 percent in 2016. The rise reflects a modest recovery in Angola, Nigeria, and South Africa—the region’s largest economies—supported by an improvement in commodity prices, favorable global financing conditions, and...
FAO Food Price Index fell 3.3 percent in December but still averaged 8.2 percent higher in 2017 compared to 2016
Global food prices declined in December, led by sharp decreases for vegetable oils and dairy products, according to the latest FAO Food Price Index .
The index, a measure of the...
Surge driven by economic growth, new manufacturing capacities in Eastern Europe and demand for biofuel.
Global production of major wood products surged in 2016 for the seventh consecutive year with a growth rate of three to six percent, according to new data published by the UN Food and Agriculture Organization.
The fastest increase...
Algeria has temporarily banned the import of 900 products including cell phones, household appliances and vegetables in a bid to cut a ballooning import bill following a fall in energy earnings, according to an official document seen by Reuters.
The OPEC member has been trying to cut spending since crude...
The “WISE-UP to Climate” project, initiated in April 2014 to demonstrate that natural ecosystems are nature based solutions for climate change adaptation and sustainable development, has now ended. And the thinking among partners on the project is that they have been able to advance knowledge on how to ensure...