ECONOMY Archives - Page 10 of 21

WTO New Head is on a Mission to Advance the Prospects of Common Development

Jide AdesinaMarch 3, 2021March 3, 2021

by Jide AdesinaMarch 3, 2021March 3, 20210960

Newly appointed World Trade Organization Director-General Ngozi Okonjo-Iweala at a press conference in Geneva, Switzerland, on July 15, 2020. [Photo/Xinhua] The World Trade Organization (WTO),...

ECONOMY

Zambia 36th Country to Ratify AfCFTA Agreement

Jide AdesinaFebruary 22, 2021

by Jide AdesinaFebruary 22, 20210852

Pic: Shutterstock Zambia recently submitted the instruments of its ratification of the African Continental Free Trade Area (AfCFTA) agreement to the African Union Commission, according...

ECONOMY

Sudan’s Central Bank Floats Currency

Jide AdesinaFebruary 21, 2021

by Jide AdesinaFebruary 21, 20210739

Sudan’s Central Bank said Sunday it had floated the currency as a measure to help stabilize the country’s battered economy. The US dollar had been...

BUSINESS ECONOMY

Minimum-wage Workers and Activists say $15 an Hour is a Moral and Economic Imperative

Jide AdesinaFebruary 18, 2021

by Jide AdesinaFebruary 18, 20210825

Demonstrators participate in a protest outside of McDonald’s corporate headquarters on January 15, 2021, in Chicago, Illinois. Scott Olson/Getty Images President Biden reiterated his support...

ECONOMY

Jide AdesinaFebruary 16, 2021

by Jide AdesinaFebruary 16, 20210732

LISTEN | PRINT By Philippe RATER (AFP) Feb 13, 2021 in World At the initiative of Britain, which boasts of having an effective vaccination program, the...

ECONOMY

UN, AU Chiefs Commend Somalia For Progress in Stabilization Efforts

Jide AdesinaFebruary 16, 2021

by Jide AdesinaFebruary 16, 20210792

FILE PHOTO: United Nations Secretary-General Antonio Guterres (R, Front) and African Union (AU) Commission Chairperson Moussa Faki Mahamat (L, Front) attend a joint press conference...

ECONOMY

Ignazio Cassis in Algeria: Political Meetings and Economic Exchange

Jide AdesinaFebruary 9, 2021

by Jide AdesinaFebruary 9, 20210726

– Federal Councillor Ignazio Cassis began his Africa trip with an official visit to Algeria from 7 to 9 February 2021. He was received by Prime...

ECONOMY

Africa’s Creaking Infrastructure Needs Big Deals

Jide AdesinaFebruary 6, 2021February 6, 2021

by Jide AdesinaFebruary 6, 2021February 6, 20210761

Woefully inadequate infrastructure that may be the single biggest threat to Africa’s long-term growth, also represents a huge opportunity for investors to finance bridges, roads...

ECONOMY

Economists Believe U.S. can Afford $1.9 trillion Stimulus bill

Jide AdesinaFebruary 3, 2021

by Jide AdesinaFebruary 3, 20210697

The Biden Administration has proposed a $1.9 trillion stimulus package, and for roughly two weeks, leaders on both sides of the aisle are debating whether...

ECONOMY

2021 Needs to be Africa’s ‘Focus on the Money’ Year

Jide AdesinaJanuary 25, 2021

by Jide AdesinaJanuary 25, 20210722

Amid all the distress of the Covid-19 pandemic in 2020, progress on the African Continental Free Trade Agreement (AfCFTA) has been a bright light. The...

ECONOMY

N15bn Property Sale to Recapitalize – Niger Insurance

Jide AdesinaJanuary 24, 2021

by Jide AdesinaJanuary 24, 20210709

Nigeria : The Managing Director, Mr Edwin Egbiti, spoke during the company’s 2019 annual general meeting which was held virtually in Lagos recently. Niger Insurance...

ECONOMY

Africa – China’s Debt Relief Not Visible in 2021

Jide AdesinaJanuary 21, 2021January 21, 2021

by Jide AdesinaJanuary 21, 2021January 21, 20210673

China last month joined other members of the G20 in agreeing to suspend interest payments on all loans owed by dozens of low-income countries, in...

ECONOMY

Sub-Saharan Africa has been Named Riskiest Region in the World for Business-duplicate-1

Jide AdesinaJanuary 20, 2021January 20, 2021

by Jide AdesinaJanuary 20, 2021January 20, 20210698

Sub-Saharan Africa has been named riskiest region in the world for business and investors due to militant violence and abuses by security forces, according to...

ECONOMY

Mauritius and Morocco Join African Development Bank

Jide AdesinaJanuary 20, 2021January 20, 2021

by Jide AdesinaJanuary 20, 2021January 20, 20210742

The African Development Bank announced the addition of two new countries – Mauritius and Morocco – to its Bloomberg African Bond Indices (ABABI), marking a...

ECONOMY

Algeria, Spain vow new impetus to economic ties

Jide AdesinaMay 4, 2018

by Jide AdesinaMay 4, 20180752

The economic issues dominated the visit of Spanish Prime Minister Mariano Rajoy Brey to Algeria, as the two nations vowed on Tuesday to give their...

ECONOMY

Rwanda, Netherlands pledge to bolster economic ties

Jide AdesinaApril 29, 2018

by Jide AdesinaApril 29, 20180659

Rwanda and the Kingdom of The Netherlands have pledged to maintain strong ties with emphasis on investment, officials from both countries have said. They were speaking...

ECONOMY

Mozambique to Continue Importing Wheat Due to Food Deficit

Jide AdesinaMarch 29, 2016

by Jide AdesinaMarch 29, 20160793

The Mozambican government will continue importing wheat and other items, aimed at fighting food deficit, the country’s Agriculture and Food Security Minister Jose Pacheco said...

ECONOMY