Zimbabwe to introduce gold coins to tame inflation
06/07/2022Zimbabwe’s central bank said it would start selling gold coins this month as a store of value to tame runaway inflation, which has considerably weakened the local currency. The central.
- 0
Most Recent World News
Economy
Recent Stories
Somalia licences first two foreign banks since 1970
06/07/2022The Central Bank of Somalia (CBS) has licenced the first two foreign lenders since 1970. Central Bank Governor Abdirahman Mohamed Abdullahi said Egypt’s Banque Misr and Turkey’s Ziraat Katli can.
- 0
Economy
Recent Stories
IMF, Ghana to Discuss Possible $3bn Loan to Support Economy
06/07/2022The IMF will send a team to Ghana this week to begin discussions about a possible $3 billion bailout loan, the fund announced Tuesday. The visit, which will run between.
- 0
Economy
Recent Stories
EU rolls out $1.3 billion to help Nigeria diversify its economy
06/07/2022The European Union (EU) and its development finance institutions will provide Nigeria with 1.29 billion euros ($1.3 billion) to help Africa’s most populous country diversify its economy away from oil,.
- 0
Economy
Recent Stories
AGOA: The Need For An Extension
04/07/2022Since its enactment in 2000, the African Growth and Opportunity Act (AGOA) has been at the core of U.S. economic policy and commercial engagement with Africa. AGOA provides eligible Sub-.
- 0
Economy
Recent Stories
The Morning Economy
04/07/2022Granting farmers complete economic independence in the morning markets is extremely doable in underdeveloped nations. This will put the economy as a whole back on track. Additionally, it will also.
- 0
Economy
Recent Stories
SDGs
Economic Development Corridors: What Do We Know and Where do We Go?
04/07/2022The big question is “how do economic development corridors go hand in hand with equitable benefits in Africa?” All nations worldwide pledged in 2014 to complete the seventeen Sustainable Development.
- 0
Economy
Recent Stories
Egypt Signs $145.64 Million Deal With EU For Development
12/05/2022Egypt’s Ministry of International Cooperation has inked development financing grants worth US$145.64 million with the European Union, EU, to boost several sectors. The signing took place in Egypt on Europe.
- 0
Economy
Peace and Security
Recent Stories
Africa unveils new platform to cushion countries from Ukraine crisis shocks
12/05/2022African countries will be able to jointly procure essential commodities, whose supply has been affected by the Ukraine crisis, following the African Trade Exchange (ATEX) launch, a platform created to.
- 0
Economy
Recent Stories
Kenya’s Growing inflation rate: Causes and Effects
10/05/2022The Kenyan Economy is seen as the third-largest economy in Africa after Nigeria and South Africa. The government is generally investment-friendly and has passed several regulatory reforms to ease foreign.
- 0
