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Africa: Covid-19 Further Exposes Inequalities in the Global Financial System
The Conversation Africa, 15 December 2020
To stem the economic fallout from COVID-19, developed countries have injected an unprecedented US$9 trillion into their economies. Read more »
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Nigeria: 'Good Business Ideas Will Assist Youths Access Investment Fund'
This Day, 16 December 2020
The Minister for Youths and Sports, Mr. Sunday Dare, has said good business ideas would help youths access the N75 billion Nigeria Youth Investment Fund (NYF) created by the… Read more »
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Africa: Startup Acts Are the Next Form of Policy Innovation in Africa
Atlantic Council, 9 December 2020
African nations have surprised the world with the ableness of their defense against COVID-19. But even as most African countries have escaped the high mortality rates experienced… Read more »
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African Development Bank (AfDB), 9 December 2020
"The agriculture sector is among the most vulnerable. Agriculture is important not only for food security issues but also for inter-regional food integration," African Development… Read more »
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Nigeria: Unemployment in Nigeria - What Can Be Done?
Vanguard, 9 December 2020
Perhaps the most deep-rooted millennial problem facing Nigeria is the issue of unemployment. Read more »
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South Africa: Nearly Half of Live Music Workers May Quit the Industry for Good
The Conversation Africa, 8 December 2020
For people working in South Africa's live music sector, 2020 has been "devastating". That was the term that researchers read most frequently in responses to the country's… Read more »
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Ghana: NBSSI Signs MOU With Partners to Create 39,000 Jobs
GhanaToday, 25 November 2020
The National Board for Small Scale Industries (NBSSI) has signed a memorandum of understanding with four partners to create 39,000 jobs in the micro sector under the… Read more »
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Africa: African Fintech Startup Chipper Cash Raises $30m Backed By Jeff Bezos
TechCrunch, 19 November 2020
African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions -- the personal VC… Read more »
Covid-19 Further Exposes Inequalities in Global Financial Systems
Since the start of the global Covid-19 pandemic, developed countries have injected an unprecedented US$9 trillion into their economies to stem the fallout. Developing countries in Africa, Latin America and Asia, are not in the same position though, writes Ramya Vijaya for The Conversation. Many small businesses have closed due to lockdown measures, while some industries have taken a huge knock on exports and trade. A few countries, like Nigeria, received stimulus packages from the International Monetary Fund to boost their economies during the Covid-19 period.
InFocus
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President Cyril Ramaphosa has announced the Reconstruction and Recovery Plan which aims to steer the country back to desirable growth levels following the impact of the Covid-19 ... Read more »
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Health Minister Osagie Ehanire has said that Nigeria may be on the verge of a second wave of Covid-19 infections. Rising infections could be blamed on people failing to ... Read more »
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To try and avert a drastic decline in economic growth, the World Bank Group has approved a U.S.$1.5 billion dollars package to help build a resilient recovery post-COVID-19 in ... Read more »
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South African president Cyril Ramaphosa has announced an 11pm curfew, restricted hours on the sale of alcohol and the closure of some beaches. The new regulations aim to curb a ... Read more »
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In April 2020, South African Finance Minister Tito Mboweni said "almost 100%" of restaurant workers in the country were "non-South African". Official data shows that in 2017, just ... Read more »
