The United Arab Emirates announced today that it will transition to a four and a half day working week, with Friday afternoon, Saturday and Sunday forming the new weekend.
Category: Investing
Learning Losses from COVID-19 Could Cost this Generation of Students Close to $17 Trillion in Lifetime Earnings
Washington, DC, US//—This generation of students now risks losing $17 trillion in lifetime earnings in present value, or about 14 percent of today’s global GDP, as a result of COVID-19 pandemic-related school closures, according to a new report published today by the World Bank, UNESCO, and UNICEF.
IMF Agrees $1.4bn Zambia Bailout
The $1.4bn deal after months of negotiations is a major boost to President Hakainde Hichilema as he looks to restructure the country’s debts.
Pizzaman-Chickenman Opens 4 Branches in Accra
Accra, Ghana//-Pizzaman-Chickenman, a fully Ghana owned company, has opened four branches simultaneous in Accra, bringing its total number of branches to 10 in less than two years of its existence.
Will COVID-19 Relief Plans Reach the World’s Poorest People?
Global leaders are on the cusp of striking a historic and unprecedented financing deal to spur pandemic recovery.
Incremental Change Within Existing Mechanisms Has Failed; We Need a Fundamental Reset
We are nowhere near the end of the pandemic. Delta will not be the last highly transmissible variant. Large unvaccinated groups and the unchecked spread of the virus around the world raise the prospect of further mutations, possibly evading today’s vaccines, that will create new waves everywhere.
Startup Support and Access to Markets Essential for Further Investment in African Innovation
Over the course of 2021, African tech startups raised $4.42 billion in funding almost double the record-breaking $2.4 billion raised in the previous year.
Minority Boycotts Parliament As Talks Break Down Over 2022 Rejected Budget
Accra, Ghana//-Talks between the Majority and Minority in Parliament over the rejected 2022 Budget statement and economic policy have broken down; sources tell Joy News.
Ghana: Minority Sets Five Conditions for Approving 2022 Budget
Ghana’s Minority in Parliament has outlined 5 conditions under which it will approve the 2022 Budget presented to Parliament by the Finance Minister on Wednesday, November 17, 2021.
IATF 2021 Generates $42.1 Billion Trade, Investment Deals
Durban, South Africa// – The second Intra-African Trade Fair (IATF 2021) generated a record setting $42.1 billion in trade and trade-related investment deals, according to the latest tally released today by the IATF Advisory Council.