Africa
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Debt relief calls get cool welcome in some of poorest nations

May 12, 2020 African officials fear market exclusion on temporary bond help Investors, IMF working on plans to ease countries’ debt burden African ministers held a video conference call to discuss...

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May 12, 2020 / Comments (0)

E-commerce flourishing in the wake of COVID-19 – WTO Report

May 7, 2020 A report by the World Trade Organisation (WTO) has noted that e-commerce is flourishing in the wake of the COVID-19 and the accompanying measures to forestall its spread which...

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May 7, 2020 / Comments (0)

AU in discussions with Madagascar over herbal remedy for COVID-19

May 5, 2020 The African Union (AU) has disclosed that it is in discussion with the Republic of Madagascar to obtain technical data regarding the safety and efficiency of its announced herb for the...

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May 5, 2020 / Comments (0)

International Labour Day: Reflect on impact of youth unemployment in Africa

May 2, 2020 As we celebrate International Labour Day today, there is a need to reflect and reconsider the devastating impact of youth unemployment and underemployment in the African continent. At the...

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May 2, 2020 / Comments (0)

Post COVID-19: Africa must adopt inward-looking trade strategy

April 24, 2020 African countries are being urged to adopt an inward-looking trade strategy post COVID-19 to help boost the continent’s industrialisation agenda, and also make it a strong force in the...

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April 24, 2020 / Comments (0)

Virtual ECOWAS Extraordinary Summit: Let’s create country-specific COVID-19 measures — President Akufo-Addo

April 24, 2020 President Nana Addo Dankwa Akufo-Addo has said that the handling of the coronavirus pandemic in Africa must be country specific rather than copying blindly. “I think it’s very, very...

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April 24, 2020 / Comments (0)

World Bank predicts sharpest decline of remittances in recent history

April 23, 2020 Global remittances are projected to decline sharply by about 20 per cent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. The projected fall, which would be...

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April 23, 2020 / Comments (0)

Coronavirus: Africa must keep trade borders open – World Bank

April 20, 2020 The World Bank has advised African governments to keep their trade borders open for business despite the coronavirus outbreak, in order to ensure the free flow of medical supplies, food and...

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April 20, 2020 / Comments (0)

COVID-19: Africa risks losing US$500bn in tax revenue – AU

April 15, 2020 With the continent’s growth expected to shrink by as much as 9 percent as a result of the coronavirus pandemic, the virus is also expected to result in losses of about 30 percent of...

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April 15, 2020 / Comments (0)

IMF approves $500m in debt relief for 25 countries amid COVID-19 challenges

April 14, 2020 The International Monetary Fund has (IMF) has approved an amount of US$500 million in grant-based debt service relief to 25 countries to help them deal with the negative impact of the...

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April 14, 2020 / Comments (0)