Tag: Africa

Africa at critical juncture: as China slows, continent needs to diversify economic partners

January 18, 2024

With Chinese lending to Africa shrinking, the continent must focus on increasing its internal trade, diversifying trade-able goods away from commodities, and developing and solidifying ... Read More

WEF report 2024: sub-Saharan Africa to see moderate growth amid economic uncertainty

January 16, 2024

World Economic Forum’s (WEF) annual survey of chief economists from the public and private sector is relatively upbeat about Africa, with 65% of them expecting ... Read More

Remittances from African diaspora grew in 2023, set to exceed $100bn in 2024

January 14, 2024

Global remittances from African diaspora to their home continent are set to exceed $100bn a year amid demographic trends in Europe such as an aging ... Read More

Mali: Algerian regime, leading exporter of instability & separatism in Africa

December 25, 2023

The ruling Algerian junta has sparked a diplomatic crisis with another neighboring country, proving beyond doubt to be a regional pariah and a source of ... Read More

Russia’s humanitarian Agency mulls plans to open offices in Burkina Faso, Equatorial Guinea

December 19, 2023

Russia’s humanitarian agency Rossotrudnichestvo, also known as "Russian House”, is planning to open offices in Burkina Faso and Guinea Equatorial amid growing presence of Moscow ... Read More

Africa faces looming ‘debt crisis’ and ‘lost decade’, warns World Bank

December 19, 2023

Developing countries are on a "path to debt crisis" and another "lost decade", World Bank warns in its latest annual publication, unless African and other ... Read More

China removes tariffs for imports from six other African countries

December 10, 2023

China’ Customs Tariff Commission announced earlier this week the removal of tariffs for taxable products from six African countries, State-run Xinhua news agency reports. The ... Read More

EU should join forces with Africa on WTO reform to counter China’s market distortions — IW report

December 10, 2023

The European Union should work together with African countries to reform the World Trade Organization's (WTO) subsidy rules as a way to tackle the global ... Read More

COP28: Global donors pledge $777m to defeat neglected tropical diseases in Africa

December 4, 2023

Global donors pledged Sunday December 3 at the 2023 Reaching the Last Mile Forum, held part of the ongoing COP28 in the UAE, a collective ... Read More

Russia plans to send 200,000 tons of wheat to Africa by year’s end

November 30, 2023

Russia is mulling plans to dispatch 200,000 tons of wheat free of charge to countries in need on the African continent by the end of ... Read More