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Nigeria: Cost of Living Crisis - Tinubu Meets With Dangote, Rabiu, Elumelu, Others
Premium Times, 25 February 2024
The meeting, held at the Presidential Villa Abuja, discussed "the economy, food security and security of the nation," Mr Dangote told journalists after the meeting. Read more »
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Guinea: Trade Unions Call Indefinite Strike Action
Vanguard, 23 February 2024
The military authorities in Guinea have lifted restrictions on internet access, which were imposed three months ago and sparked protests, residents observed overnight on Thursday. Read more »
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Africa: High Cost of Living in Africa Could Cause Unrest - AFDB
VOA, 20 February 2024
The African Development Bank is warning that the rising cost of energy, food and other commodities in several African countries, including Angola, Ethiopia and Kenya, could trigger… Read more »
Rising Cost of Living Triggering Protests, Instability in Africa
The high cost of fuel and food across several African nations, coupled with tough economic conditions, has given rise to potests in some countries. Last week the African Development Bank warned that the problem could lead to unrest. "Already, people in Africa's most populous country, Nigeria, have been marching to protest the high cost of living, prompting the government to release grain from the national reserves", the AfDB report said. In Guinea, trade unions have called for an indefinite strike action over the rising prices of food items.
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Africa: AfDB Report Puts Africa's GDP At 3.8 Percent in 2024
Premium Times, 18 February 2024
"Despite the challenging global and regional economic environment, 15 African countries have posted output expansions of more than five per cent." Read more »
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African Development Bank (AfDB), 16 February 2024
Africa will account for eleven of the world's 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook… Read more »
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Guinea: Is Guinea's Military Junta to Blame for Rice Shortage?
DW, 15 February 2024
People living in Guinea are becoming desperate as a food crisis soars in the country. Citizens are blaming the junta leaders for price hikes, while economists say a timely solution… Read more »
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Ghanaian Times, 23 June 2023
Undoubtedly the current raging war between Russia and Ukraine is impacting negatively and bringing untold economic hardships and suffering to the people of Ghana and of the other… Read more »
InFocus
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Billions of people are facing the greatest cost of living crisis in a generation due to rising food and energy prices amid rapid inflation and increasing debt, leaving the most ... Read more »
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The South African Reserve Bank's (SARB) Monetary Policy Committee (MPC) has once again increased the repo rate by 50 basis points. The move, announced by SARB Gov Read more »
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Governor Olayemi Cardoso has said despite the current gloomy picture of the economy, the "future is bright and positive". Last week President Bola Tinubu and Nigerian Read more »
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Kenyans have decried the rising cost of living on account of the rising prices of key household commodities, an issue that has been a talk on social media platforms. Read more »
