June 17, 2020//-Data gathered by Buyshares.co.uk indicates that between January 2015 and May 2020, the number of monthly trading companies on the London Stock Exchange has dropped by 17%. The number has been gradually dropping in the last five years.
Category: Investing
COVID-19 Threatens to Ruin a Record year for Africa’s Hotel Developers
London, United Kingdom, June 17, 2020/ — African hotel development had returned to growth at the start of 2020, with more than 78,000 rooms in 408 hotels in the pipeline, according to the 12th annual survey by W Hospitality Group, acknowledged as the industry’s most authoritative source.
African Countries Need to Seize Opportunities Created by US-China Tensions
Shutterstock Mzukisi Qobo, University of the Witwatersrand and Mjumo Mzyece, University of the Witwatersrand June 16, 2020//-The unfolding US-China power rivalry bears a striking resemblance to the tensions between the US and the Soviet bloc during the Cold War years. Back then, African countries were positioned like pawns on a grand chessboard.
Thank you Jack Ma! But Where Are Africa’s Billionaires?
June 15, 2020//-l reaction. After all, the coronavirus pandemic is an unprecedented tragedy. Africa is undeniably vulnerable, so any help should be welcomed.
Africa Finance Corporation Defies COVID-19 to Issue $700 Million Eurobond
Lagos, Nigeria, June 15, 2020//-Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has defied the ongoing COVID-19 blues on the global economy to successful issue a $700 Million Eurobond, maturing 16 June 2025.
King Mohammed VI Sends Medical Aid to African Countries To Fight COVID-19
Rabat, Morocco, June 14, 2020//- His Majesty, King Mohammed VI on Sunday gave high instructions for medical supplies and aid to be sent to several brotherly African countries, according to the ministry of Foreign Affairs, African Cooperation and Moroccans Abroad.
Speakers at UCC School of Business Advise COVID-19 Fund Managers
Cape Coast, Central Region, Ghana, June 12, 2020//-Speakers at the University of Cape Coast (UCC) School of Business have advised managers of COVID-19 funds in Ghana and across the world to avoid inequality of access to their funds and stimulus packages.
Global Trade Sets to Plunge Further Due to COVID-19
Geneva, Switzerland, June 11, 2020 – International trade in goods is expected to decline significantly in the coming months due to the coronavirus pandemic, according to the first edition of UNCTAD’s new quarterly newsletter entitled Global Trade Update released today 11th June.
World Bank: Elevated Extreme Poverty to Persist Through 2021
Washington, U.S, June 11, 2020//-Global economic growth could rebound in 2021 – but the number of people living in extreme poverty is expected to remain unchanged after a huge surge this year due to the coronavirus pandemic, the World Bank warned Tuesday.
UNCTAD: Keep Ships Moving, Ports Open and Trade Flowing
10 June 2020// – The world’s reliance on maritime transport makes it more important than ever to keep ships moving, ports open and cross-border trade flowing, and to support ship crew changeovers, the United Nations maritime and trade bodies said in a joint statement published on 9 June.