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Finance

Coronavirus Lockdown Costs Morocco $100 Mln Per Day

May 20, 2020 Khalid Al Mouahidi 0

The coronavirus lockdown, enforced in Morocco from March 20 to June 20, has been extended for three more weeks till June 10 to prevent the […]

COVID-19: Diaspora’s money transfer to Africa may decline by 23%

May 15, 2020 Steven Addamah 0

Remittances from the African diaspora are expected to decline by 23% this year due to the COVID-19 pandemic and its economic consequences. This year, the […]

Akinwumi Adesina’s accusers Call for Independent Investigation

May 13, 2020 Geraldine Boechat 0

While an internal investigation has just cleared the African Development Bank (AfDB) President of accusations of prevarication and favoritism made against him, his accusers are […]

Coronavirus: South Africa announces €24.4 billion economic and social support plan

April 22, 2020 Steven Addamah 0

South African President Cyril Ramaphosa announced on Tuesday a “huge economic and social support plan” worth 500 billion rand (€24.4 billion), to support companies and […]

CAR: Debate on good management of covid-19 funds

April 17, 2020 Steven Addamah 0

Debate on good management of the funds received by the Central African Republic to cope with covid-19 retains attention more than prevention measures in the […]

IMF helps Ghana face economic fallout

April 17, 2020 Khalid Al Mouahidi 0

As growth falters and the government’s financing needs expand, Ghana received an aid from the International Monetary Fund. The West African country which was promoting […]

Locusts leave a million hungry in Ethiopia — UN

April 15, 2020 Khalid Al Mouahidi 0

The United Nations’ Food and Agriculture Organization says about a million people in Ethiopia are in need of food aid after swarms of locusts destroyed […]

Ghana asks China to step up on Africa debt relief

April 7, 2020 Khalid Al Mouahidi 0

China must do more to help ease the debt burden of African countries facing economic calamity as a result of the coronavirus pandemic, Ghana’s finance […]

Burkina Faso crisis and COVID-19 concerns highlight pressure on Sahel

April 7, 2020 Steven Addamah 0

Across the Central Sahel in Africa – encompassing Burkina Faso, Mali and Niger – more than five million people face severe food insecurity ahead of […]

Humanitarian Crisis: Zimbabwe needs aid urgently—IMF

April 6, 2020 Khalid Al Mouahidi 0

The International Monetary Fund has warned that Zimbabwe needs urgent aid as the coronavirus exacerbates the impact a food shortage following the worst drought in […]

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