Economy

New research shows technology could speed up growth in Africa

A new research published in the Harvard Business Review on Wednesday shows that although both the World Bank and the International Monetary Fund have made less optimistic projections about Africa in the years and decades to...

Buhari laments devastating effects of climate change on families and incomes in Nigeria

President Muhammadu Buhari Thursday in Abuja said climate change was steadily taking a toll on income of families as farm lands get narrowed with desert encroachments, while the vagaries of the weather pose greater risks for...

President Cyril Ramaphosa of South Africa cries out: The world’s 30th driest country facing a monumental water crisis

President Cyril Ramaphosa of South Africa sends out a newsletter to his countrymen every Monday where he discusses most pressing issues facing the country and how his administration is responding.On Monday,...

Nigeria’s extreme poverty ranking can be overcome by education – Atiku

In a speech he delivered on Saturday November 30, 2019, at the 14th Founders’ Day Ceremony of the American University of Nigeria, former Vice President Atiku Abubakar explained how Nigeria can stop being the "headquarter of extreme...

Nigeria’s minister of finance Zainab Ahmed sued over failed Chinese $460 million Abuja CCTV project

Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning over failure to “disclose information and specific documents on the total amount of money paid to...

From Malabo, Buhari makes another promise to Nigerians, this time, to begin construction of Ajaokuta-Kaduna-Kano gas pipeline

President Muhammadu Buhari Friday said that the Federal Government would soon commence the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline which would move gas from the Southern part of the country to the Nor

CHILLING DATA FROM AFRICA: $42 billion financing gap exists between men and women as 70 percent of women remain excluded financially

There are many myths against women in Africa, but the "high-risk" myth for financing is one of the most damaging to women and the society.According to that debunked and discredited, but yet,...

FULL TEXT: IMF on Botswana’s economy in 2019 and 2020

IMF Staff Completes 2019 Article IV Mission to BotswanaEnd-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement...

Botswana’s economy facing headwinds in 2019 but expected to recover in 2020 as the diamond market normalizes, IMF says

The economy of Botswana will get worse in 2019 but recover in 2020, the International Monetary Fund said in a statement on Wednesday.IMF said growth is expected to slow to about 3½...

Latest News

In moving film, UN calls for collective action to tackle global challenges, including COVID-19, racism, climate change and poverty

The United Nations, Project Everyone and 72 Films are launching “Nations United - Urgent Solutions for...

UN calls for bold action for world to recover from COVID-19

Amidst a crisis unlike any other in our lifetimes, with COVID-19 destroying lives and livelihoods across the globe, the 75th session...

Top UN economists warn of crises of our own making if global “megatrends” left unchecked

Five human‑made “megatrends” will  continue to  dominate and frustrate global efforts to put the world on a more sustainable and prosperous...

IMF approves disbursement of additional $1 billion for Angola to respond to COVID-19 economic fallout

The International Monetary Fund (IMF) on Wednesday approved the disbursement of an additional $1 billion for Angola to respond to...

World leaders welcome launch of GCA Africa to beat climate change

The Global Center on Adaptation on Wednesday announced the launch of its regional office in Côte d’Ivoire.Hosted...

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