smart-start

AfDB report highlights Africa’s economic strength driven by investment surge, bold reforms

A new report from the African Development Bank (AfDB) underscores Africa’s impressive economic recovery, highlighting the continent’s resilience, growth, and the impact of bold reforms. With a projected GDP growth from 3.2% in 2024 to 4.1% in 2025 and 4.4% in 2026, Africa is now the second-fastest-growing regional economy globally, trailing only Asia. This growth […]

Global hunger declines, but Africa faces deepening food crises- UN Warns

Global hunger levels declined for the third consecutive year in 2024, but the United Nations has warned that food insecurity is worsening in Africa and the Middle East due to conflict, climate shocks, and economic instability. Approximately 673 million people- 8.2% of the global population- experienced hunger in 2024, down from 8.5% in 2023, according […]

Blinken stresses partnership with Africa as China looms large over US-Africa Leaders summit

With the annual US-Africa Leaders Summit kicking off in Washington, D.C., this Tuesday Dec.13, the Biden administration will try to offer its African partners a better alternative to the economic competition from China on the continent. Deputy Commerce Secretary Don Graves acknowledged that the United States has fallen behind as China has surged past American […]