World News

IMF Announces a Recession, Projects Recovery in 2021

April 2, 2020/IMF Good morning. The governing body of the IMF—the International Monetary and Financial Committee (IMFC), representing our 189 member countries— met today to discuss the unprecedented challenge posed to the world by COVID-19. Following yesterday’s G20 Leaders meeting, the IMFC took stock of the rapidly developing health crisis, it’s […]

Coronavirus – Africa: WHO concerned as COVID-19 cases accelerate in Africa

To contain COVID-19, many countries in Africa are implementing measures, which restrict gatherings and the movement of people April 2, 2020/WHO With more than 6000 COVID-19 cases reported in Africa, the virus is threatening fragile health systems on the continent. Infections are increasingly spreading not only between African countries but […]

Angola, Senegal, Cameroon, Ghana and Nigeria among the most hard hit amid Covid-19 and oil price plunge

The African Energy Chamber analyses the most vulnerable African countries amid the Covid-19 pandemic and low oil price March 31, 2020/AEC Angola revises national budget and suspends CAPEX; Senegal’s first oil development faces debt arrangement challenges; Nigeria poised for a major revenue loss; Analysts predict Ghana will get half its […]