Abidjan, Ivory Coast/ — Members of the Africa Investment Forum team showcased two projects during a virtual investor roundtable as the continent looks to boost its healthcare sector and attract much-needed investment in the wake of the Covid-19 pandemic.
Category: Investing
COVID-19 Has Permanently Lowered the Path of Real GDP in sub-Saharan Africa
The IMF is predicting that the pandemic has permanently lowered the path of real GDP in sub-Saharan Africa, suggesting a loss of real per capita output of close to 5.6 percent in the latest issue of the sub-Saharan Africa Regional Economic Outlook report released Thursday (October 21) in Washington, D.C.
How a Zimbabwe Tycoon Made a Fortune from a Trafigura Partnership and Spiraling National Debt
Kudakwashe Tagwirei, who is close to Zimbabwe’s president and his inner circle, leveraged his privileged access to fuel and mining markets to strike a lucrative partnership with commodities giant Trafigura.
UN Experts Warn: Rush for New Profits Posing Threat to Human Rights
The finance industry’s demand for new sources of capital worldwide to satisfy investors, is having a serious negative impact on the enjoyment of human rights, a group of UN-appointed independent rights experts have warned.
MFS Africa Signs Deal to Acquire Nigeria’s Leading Super-agent Network Baxi
Lagos, Nigeria, MFS Africa, the largest pan-African digital payments hub, announced today that it had signed an agreement to acquire Baxi, one of Nigeria’s leading super-agent networks.
Ghana: Unemployment Biggest Challenge – Needs swift action -TUC
The Trades Union Congress (TUC) has observed that with an estimated 400,000 new entrants to the labour market annually, the unemployment and employment situation remains the greatest challenge in the country.
World’s Top Nation Brands on Road to Recovery with Global Brand Value up 7%
The top 100 most valuable nation brands in the world have recorded a 7% increase in brand value since 2020, signaling that recovery is underway from the COVID-19 pandemic, according to the latest Brand Finance Nation Brands 2021 report.
Global FDI Flows Rebound in First Half of 2021, Recovery Highly Uneven
Geneva, Switzerland//- Global foreign direct investment (FDI) flows in the first half of 2021 reached an estimated $852 billion, showing stronger than expected rebound momentum, according to UNCTAD’s Investment Trends Monitor released on today.
10th GEF: BoG Credits Ghana’s Strong Economic Performance to Homegrown Policy Credibility
Accra, Ghana//-The Bank of Ghana (BoG) today credited the country’s strong economic performance despite the COVID-19 pandemic to homegrown policy credibility pursued by the monetary and fiscal authorities.
How Municipalities Can Play a Key Role in South Africa’s Economic Development
Johann Kirsten, Stellenbosch University and Helanya Fourie, Stellenbosch University Local economic development and better municipal service delivery are vital if South Africa wants to broaden economic participation and reverse its unemployment trend.