A team from the International Monetary Fund (IMF), led by Mauricio Villafuerte, visited Tanzania from April 3-13, 2017 and held discussions with the authorities on the sixth review under the Policy Support Instrument (PSI) program that was approved on July 16, 2014.
Casablanca and Nairobi rank as leading destinations for Fortune 500 companies establishing international headquarters
Overall, there was a 17% increase in the number of Fortune 500 companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa
67% of South Africans claim to recycle ‘some’ of the time, while only 11% claim to recycle ‘all’ of the time, according to new research released by PETCO*.
Kenya’s economy has continued to perform well, with real GDP growth reaching 5.9 percent in the first three quarters of 2016, up from 5.6 percent in 2015
The UN Economic Commission for Africa (ECA) argues that Uganda, like other African countries, needs to foster a higher level of industrial development to drive its economic transformation
Civil unrests and wars have always been a reason that drove people to seek asylum and refuge in other countries or even continents. These people tend to take dangerous routes and have to undergo perilous journeys. The infamous central Mediterranean route is chosen by a huge number of people despite its numerous perils.
UN reaffirms commitment to supporting Nigeria in addressing economic recession and North-East Crisis
The Resident and Humanitarian Coordinator of the United Nations in Nigeria, Mr Edward Kallon, has reaffirmed his commitment and that of the United Nations system in Nigeria towards supporting the country’s efforts aimed at addressing current challenges such as the current economic recession and responding to the ongoing humanitarian crisis in the North-East. “I am also aware of the numerous challenges in the middle-belt and in the south of the country”, Mr Kallon acknowledged during his one-week mission (10 – 14 April 2017) to Lagos State where he engaged Lagos State government, the private sector, the media and a few Federal Government parastatals. He further committed to supporting the government in implementing the recently launched Economic Recovery and Growth Plan (ERGP).
Akinwumi Adesina, president of the African Development Bank (AfDB), says billionaire businessman, Aliko Dangote, may become the largest exporter of rice in the world by 2021