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Africa: The Economic Challenges These Countries Are Facing
allAfrica, 28 March 2023
More and more Africans are experiencing poverty. coupled with the impact of Covid-19 and the war between Russia and Ukraine that intensified just over a year ago, weighs heavily on… Read more »
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Nigeria: Nigerians Now Go for Cheap Brands to Cut Cost
Vanguard, 27 March 2023
The saying; 'Cut your coat according to your cloth', has become the order of the day in the everyday lives of Nigerians. Read more »
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Tanzania: PM Optimistic Banks Will Lower Interest Rates
Daily News, 27 March 2023
AS the government puts a lot of weight in revolutionizing agriculture and raising the livelihoods of Tanzanians and the economy, Prime Minister Kassim Majaliwa was optimistic that… Read more »
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Nigeria: Deregulation - Brace for N750/Litre Petrol When Subsidy Is Removed, Stakeholders Tell Nigerians
This Day, 27 March 2023
As the federal government prepares to completely deregulate the downstream sector of the Nigerian oil and gas industry in the coming months, stakeholders in the sector have told… Read more »
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South Africa: Reserve Bank Expected to Hike Interest Rates Again
Daily Maverick, 26 March 2023
It would be the ninth consecutive hike since November 2021, adding a cumulative 400 basis points since then and taking the repo rate to 7.50% and the prime lending rate to 11.0%. Read more »
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Africa: ECA calls for Africa's economic growth to be inclusive to reduce widespread poverty
UNECA, 22 March 2023
Addis Ababa, 21 March 2023 (ECA) - While the world was still fighting the COVID-19 pandemic, the war in Ukraine broke out in early 2022. The impact of the two shocks has been… Read more »
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Africa: Rising poverty, inequalities threaten Sustainable Development Goals
UNECA, 21 March 2023
Addis Ababa, 21 March 2023 (ECA) - Development experts have warned that persistent poverty and inequality are likely to undermine prosperity, peace and security in Africa unless… Read more »
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Rwanda: Economy to Perform Better Than Anticipated - Ndagijimana
New Times, 8 February 2023
Rwanda's economy is expected to grow at a higher rate than projected, after performing well in the first three quarters of 2022 as a result of economic recovery measures, the… Read more »
The Economic Upheaval These African Countries Are Facing
The African continent has seen major economic challenges, which has intensified with the onset of the Covid-19 pandemic which hit hard worldwide in 2020. The road to recovey is long - and has seen the economic struggles worsen, writes Esther Rose for allAfrica.
InFocus
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The head of the International Monetary Fund Kristalina Georgieva has praised Zambia's efforts to reform its economy and urged its creditors to restructure the country's debts. ... Read more »
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"We are in a crisis, I do not exaggerate when I say so. I cannot find an example in history when so many malevolent forces have come together at the same time. But, as we have ... Read more »
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In Nairobi, security is tight with riot police stationed at strategic points and patrolling the streets, while many shops remain shut and Read more »
