The township of Khayelitsha in Cape Town. South Africa has adopted First World COVID-19 responses for Third World reality. Steven Friedman, University of Johannesburg July 17, 2020//-COVID-19 infections are rising sharply in South Africa – and Latin America. This is fitting: South Africa resembles the countries of South America more than those of its home […]
Category: Industry
How COVID-19 Pandemic Ravaged Sub-Saharan African Economies
Accra, Ghana, July 17, 2020//-Activity in Sub-Saharan Africa (SSA) collapsed in the first half of this year. The COVID-19 pandemic has spread rapidly across the region, taking a heavy human and economic toll with over 2,500 reported fatalities among more than 100,000 confirmed infections, while causing an unprecedented disruption to region-wide economic activity.
Report: COVID-19 Threatens Global Productivity Growth
Washington, USA, July 16, 2020— Productivity growth, a force that has contributed to lifting millions of people out of poverty in developing countries, will need substantial support from policymakers if it is to withstand the severe challenges posed by the COVID-19 pandemic’s economic shock, a comprehensive World Bank study finds.
Should Digitally Delivered Products Be Exempted From Customs Duties?
July 16, 2020//-As the digital revolution unfolds, more products are leaving their physical carriers and being traded online.
U.S Businesses Acquired More Companies than UK, China, Japan combined
July 16, 2020//-Data gathered Buy Shares indicates that United States mergers and acquisitions (M&A) stood at 149 in the first half of 2020. The figure remained high compared to the closest markets like The United Kingdom and China.
The Next Phase of the Crisis: Further Action Needed for a Resilient Recovery
July 16, 2020//-When the Group of Twenty industrialized and emerging market economies (G-20) finance ministers and central bank governors last met in April, the world was in the midst of the Great Lockdown forced by the outbreak of COVID-19.
Global Response to COVID-19: Melinda Gates Calls on Leaders to Ensure that Women Are not Left Behind
Seattle, United States, July 16, 2020, -/African Media Agency (AMA)/- Melinda Gates has launched a paper exploring how the COVID-19 pandemic has exploited pre-existing inequalities and drastically impacted women’s lives and livelihoods.
IFC Provides $100M to Daycoval to Support SMEs Affected by COVID-19
São Paulo, Brazil, July 15, 2020// — IFC, a member of the World Bank Group, is providing a $ 100 million loan to support Banco Daycoval, a leading mid-sized Brazilian bank, expand access to finance for small and medium enterprises (SMEs), including women-owned businesses.
North Africa Economic Outlook 2020: An Unparalleled Crisis and a Conditional Recovery
Tunis, Tunisia, July 14, 2020/ — In 2020, the region will face an economic contraction forecast between 0.8 and 2.3%; Socioeconomic stability, social inclusion and human capital development are prerequisites for resilience and emerging from the crisis.
Woes of Ghana’s Tourism Industry Worsened by COVID-19
Accra, Ghana, July 14, 2020//-Sitting under a mango tree at Bubuashie, is Ms Belinda (real name withheld) who has just lost her job at one of the plush hotels in the capital city of Accra due to the devastating coronavirus disease 2019 (COVID-19).