Singapore is widely praised as one of the countries that reacted quickly and effectively to contain the COVID-19 pandemic. It managed to keep daily cases below 50 for two months following its first case on January 23. But subsequent spikes – though still low compared to global levels –...
Remittances are a vital source of income for developing countries, and news that global remittances are projected to decline sharply by about 20 percent this year because the COVID-19 induced economic crisis sends the chill.
The projected fall would be the sharpest decline in recent history largely due to a...
Tullow to use money to reduce $2.8 bln debt burden
Targets divestments of at least $1 bln this year
Total says pleased to acquire fields for less than $2/bbl
Total has agreed to buy Tullow Oil’s entire stake in jointly-held onshore oil fields in Uganda for $575 million, Tullow...
The International Monetary Fund (IMF) has said that the coronavirus pandemic’s impact on Sub-Saharan African will come from three main shocks namely, economic disruptions, spillovers from global fallouts, and commodity price shocks.
In its report released from the April 2020 virtual Spring Meetings on Sub-Saharan, the Bretton Woods institution said...
Emirates is stepping up precautionary measures at the airport and onboard to ensure the health and safety of its employees and customers. All cabin crew, boarding agents, and ground staff in direct contact with passengers will now wear personal protective equipment (PPE) which includes a protective disposable gown over...
Nuclear energy is one of the more attractive options when considering a clean, reliable and cost-effective energy source
Despite its advancements over the years particularly in the oil, gas and power industries, it is no secret that Africa is still plagued with the very real issue of inefficient energy supply....
In early March, Ethiopian Airlines CEO, Tewolde Gebremariam told an aviation conference in Addis Ababa the coronavirus pandemic was "a temporary problem" -- comparable to a natural disaster or a spike in oil prices.
Several weeks later Africa's largest carrier is locked in what Tewolde describes as "a struggle that...
A strong advocate for intra-African trade because of the manifold benefits it holds, David Ofosu-Dorte - Executive Chairman of law firm AB & David, is positing that African countries should position themselves well in commerce, so as to be known for the distribution of certain goods and services throughout...
Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown.
The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant...
European Commission President Ursula von der Leyen has announced that Europe will need about €1 trillion ($1.1 trillion) to fight the COVID-19 pandemic. This money could be used to establish a European Recovery Fund. But where will the money come from?
I propose that the European Union should raise the...












