Senegal has demonstrated strong ambition for economic development and rapid progress toward becoming an attractive investment destination Although they are located 1,800Km from each other, Côte d'Ivoire and Senegal vie for the place of economic leader in West Africa - with a slight advantage for the former which, thanks to...
I wholeheartedly congratulate the Africa Day of all our African friends. The unprecedented conditions caused by the COVID-19 pandemic all over the world render the solidarity symbolised by Africa Day even more significant this year. The progress achieved in recent years by Africa in many fields and our developing partnership...
The Ghana Chapter of the Economic, Social and Cultural Council of the Africa Union (ECOSSOC) has cautioned political parties in the country not to engage in any activities that could threaten the peace and stability the country has enjoyed as it prepares to go for elections in December. “Ghana has...
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, screened...
• 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...
Morgan Stanley slapped a buy call on emerging markets sovereign debt on Monday, citing cheap valuations, the prospect of significant policy support, and the fact that sell-offs in recent months have created a space for investors to move into. The US investment bank said EM (emerging market) sovereign credit spreads...
Celebrating the popular beverage important to farmers, development and culture In a world of cultural differences, is there one thing that can bind everyone together? Well, we all need to eat, and drink too. In fact, interestingly enough, the drink most often chosen around the world after water is tea....