The post-pandemic world economy seems likely to be a far less globalized economy, with political leaders and publics rejecting openness in a manner unlike anything seen since the tariff wars and competitive devaluations of the 1930s. And the byproduct will be not just slower growth, but a significant fall...
Since the COVID-19 outbreak was first reported in Wuhan, China, in late December 2019, the disease has spread to more than 200 countries and territories. In the absence of a vaccine or effective treatment, governments worldwide have responded by implementing unprecedented containment and mitigation measures—the Great Lockdown. This in...
Africa is a key territory on the global map. Rich in oil and natural resources, the continent holds a strategic position. Rich in oil and natural resources, Africa is the world’s fastest-growing region for foreign direct investment. It has approximately 30 percent of the earth’s remaining mineral resources.
It is...
Ivory Coast said last week it would refuse to validate a U.S.-sponsored report due to be published this month about child labour in its cocoa sector unless the researchers and U.S. government accept changes to the methodology.
The report, which is funded by the U.S. Labor Department and scheduled to...
South Africa will allow most economic sectors including mining and manufacturing to fully resume operations from today as the country further eases coronavirus lockdown regulations, the government said last week Thursday.
Africa’s most industrialized economy has been largely shut since a nationwide lockdown began in late March. South Africa has...
We are living in unprecedented times. COVID-19 has swept throughout the world, and governments globally have taken drastic measures to stop the spread in an attempt to save lives.
In February 2020, as African countries watched Asia and Europe begin the implementation of lockdown, a study by Survey54, an automated...
Kenya’s shilling is expected to weaken against the dollar this week , while Uganda’s will strengthen, traders said.
KENYA
The Kenyan shilling could come under pressure from end-of-month dollar demand from the energy sector and multinational companies paying dividends.
Commercial banks quoted the shilling at 107.00/20 per dollar, compared with 106.70/90...
Traders see up to 30% losses due to COVID-19 restrictions
Goods spoil as border closures disrupt food transport
Trade frictions could contribute to food crisis - U.N.
In ordinary times, it takes Boureima Diawara two or three days to truck his mangoes the 1,200 km (745 miles) from southern...
Coronavirus is threatening to undo recent gains made toward gender equality as millions of women and girls are predicted to have unwanted pregnancies and fall into poverty, world leaders said last week Thursday.
A “wake-up call” is needed to protect women’s and children’s rights amid the pandemic, said the president...
