Africa
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Post COVID-19: Africa’s growth stands to rebound to 3% in 2021 – AfDB

July 13, 2020 Governments and development partners must respond in a more coordinated, targetted and rapid manner to be effective in limiting impact. An additional 49 million Africans could be pushed...

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July 13, 2020 / Comments (0)

AfCFTA plan to ride out crippling coronavirus crisis

July 10, 2020 Africa has a more robust tool in the African Continental Free Trade Area (AfCFTA) to use in accelerating regional and economic integration and prepare for uncertain times like the COVID-19...

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July 10, 2020 / Comments (0)

African countries making headway in tackling tax evasion and money laundering-2020 Tax Transparency report

July 1, 2020 African countries made great strides in strengthening commitments and capacity to achieve tax transparency and exchange information on illicit fund flows in 2019, the latest Tax...

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July 1, 2020 / Comments (0)

Fitch: Sub-Sahara African debt burdens rising faster than elsewhere

July 1, 2020 Government debt burdens across sub-Saharan Africa are rising at a faster pace and to higher levels than elsewhere in emerging markets, heightening the risk of further rating downgrades and...

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July 1, 2020 / Comments (0)

Banks refuse syndicated loan for COCOBOD

June 19, 2020 Ghana Cocoa Board’s (COCOBOD) annual pre-export financing, will be raised by a club of banks as its traditional lenders; the European Bank, have declined to underwrite the risk amid the...

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June 19, 2020 / Comments (0)

African Aviation industry calls for harmonized safe restart of air services

June 19, 2020 The International Air Transport Association (IATA), Airports Council International- Africa (ACI Africa) and the International Civil Aviation Organization (ICAO) Regional Offices for African...

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June 19, 2020 / Comments (0)

China to exempt some African countries from repaying specific loans – Prez. Xi Jingping hints

June 19, 2020 China’s President, Xi Jingping has announced that China will exempt some African countries from repaying zero-interest rate loans due at the end of 2020, according to Reuters News agency....

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June 19, 2020 / Comments (0)

43 African countries under border closure as coronavirus cases top 225,000 continent wide

June 16, 2020 As COVID-19 caseload surpassed 225,105 on Saturday across the African continent, 43 African countries are now under full border closure due to the rapid spread of...

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June 16, 2020 / Comments (0)

Coronavirus may cost Africa US$4.8 billion in crop exports

June 9, 2020 The coronavirus pandemic could cost Africa as much as $4.8 billion in lost agricultural exports and affect the livelihoods of 10 million farmers, McKinsey & Co. said. Disruptions...

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June 9, 2020 / Comments (0)

Kenyan company rolls out first African-made video conferencing app

June 9, 2020 A Kenya-based company has developed a video conferencing application, the first made in Africa, designed to be more affordable than foreign counterparts. Gumzo, which means...

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June 9, 2020 / Comments (0)