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Tag: covid-19
Number of Chinese workers across Africa drops by over 60% over past decade — report
The number of Chinese workers across Africa has plummeted to its lowest level in more than a decade, according to data from China's National Bureau ... Read More
Africa imports 70-80% of its drugs, losing $2.6tn yearly due to ill-health — AfDB chief
Africa imports between 70 and 80% of its medicines, according to Akinwumi Adesina, the President of the African Development Bank (AfDB), who also warned that ... Read More
CIB Egypt lands $148 million from AfDB to support SMEs, trade
Commercial International Bank, CIB, of Egypt has secured $148 million from the African Development Bank (AfDB), in form of financial package earmarked to support Small ... Read More
Rabat in 2024: “The City of a Thousand Charms, Between Cultural Novelties and Modern Luxury”
Conde Nast Traveler hails the Moroccan capital for its dynamic music festivals, prestigious architecture and luxury hotels, thus raising it among the jewels of travel ... Read More
African policy-makers worry about economic impact of Israel-Hamas conflict
The renewed flare-up in Israeli-Palestinian conflict has caused an outrage across Africa but it has also prompted heated debates in different countries in the continent ... Read More
African govts in fiscal bind amid high interest rates and debt squeeze
With the interest rates likely to stay high in 2024, governments across Africa are presented with a unique challenge and dilemma as they struggle to ... Read More
Joint Zambia-Zimbabwe $5bn dam project near Victoria Falls approved by UN agency
A UN agency has given Zambia and Zimbabwe permission to build a $5 billion hydropower dam downstream from Victoria Falls, a UNESCO World Heritage Site, ... Read More
IMF praises Chad’s debt restructuring deal
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of ... Read More
IMF Chief Impressed by Morocco’s Economic progress
The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of ... Read More
WB: Morocco Gets $350 Mln Additional Funding to Enhance Social Safety Net System
The World Bank has agreed to provide Morocco $350 million additional funding to support the country’s social protection system, especially AMO-TADAMON destined for vulnerable populations ... Read More