World News

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021-AfDB Report

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021, African Development Bank says in African Economic Outlook 2020 Supplement July 8, 2020/AfDB – Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impact; An additional 49 million Africans […]

AfDB, WTO, Other MDBs to Support Trade Finance amid COVID-19 Crisis

Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up their trade finance programs to support essential imports and key exports July 3, 2020/AfDB The African Development Bank Group (www.AfDB.org) has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that […]

European Travel Bans are counter-productive and hurting the Oil & Gas Sector’s ability to support Africa’s Economic Recovery

Restrictions of visa issuance are de facto preventing a lot of projects to move forward and to successfully contribute to the recovery of the continent July 2, 2020/AEC The continuation of travel restrictions and suspension of visas and travel between Africa and Europe is heavily restraining the oil & gas […]