Thirteen years after the debt relief movement saw billions in unsustainable public borrowing written off by Western creditors, there are worrying signs that African economies could be lurching towards another crisis.
Category: Economy
flydubai Marks Another Africa Expansion
Dubai, United Arab Emirates, April 15, 2018// –Dubai-based flydubai’s inaugural flight touched down today at N’djili Airport (Kinshasa International Airport – FIH).
Bawumia: Ghana on a Path of Major Recovery
April 15, 2018//-Ghana is on a path of major recovery in all spheres after a year of prudent policy implementation by the Nana Akufo-Addo government, and it is time for Ghanaians domiciled outside the country to turn their attention back home.
Nigeria: Traders Lament As Prices of Fresh Tomatoes, Pepper Soar
April 15, 2018//-With the absence of native fresh tomatoes and pepper from the South-South and South West, coupled with inadequate supply from the North where a chunk of the produce emanates from, prices of the produce which had been on a steady decline since early this year, has started to soar again.
Merck Foundation discusses Fertility Capacity Building with African Ministers
Dubai, United Arab Emirates, April 15, 2018/ — Merck Foundation, the philanthropic arm of Merck KGaA, Germany, in partnership with the International Federation of Gynecology and Obstetrics (FIGO), conducted ‘Merck More Than a Mother’ panel at their Regional conference 2018, in Dubai.
How Grace Mugabe Poaching Claims Benefit Zimbabwe’s New President
April 14, 2018//-The headline on the Zimbabwe Herald could not have made it clearer: “Police tighten noose on Grace Mugabe.”
Ports Across Ireland’s Brexit Divide Reaffirm Unity on UN Project
April 13, 2018//-The Northern Irish port of Belfast and its Irish counterparts of Cork and Dublin sign an agreement to bolster UNCTAD’s work with ports in Africa and Asia.
Study: Central and Eastern European Economy to Continue Enjoying Robust Growth
April 13, 2018//-Despite some political uncertainty in the region, the Central and Eastern European (CEE) economy is expected to continue enjoying a robust growth spell as the majority of last year’s tailwinds remain in place.
Risky Business: Reading Credit Flows for Crisis Signals
April 12, 2018//-Supervisors who monitor the health of the financial system know that a rapid buildup of debt during an economic boom can spell trouble down the road.
World Bank Pours Cold Water on Kenya’s War Against Poverty
April 12, 2018//-At least 16 million Kenyans could still be wallowing in poverty in the next 12 years, the World Bank has warned, casting doubt on the government’s promise to deliver high-quality life to all its citizens by 2030.