Kenya ready to privatise 35 state companies, president announces
The Kenyan economy, the locomotive of East Africa, has been seriously shaken by Covid, followed by the shockwaves of the war in Ukraine and a historic drought in the Horn ...
Tag: African economies
Kenya Adopts Austerity Measures to Tackle Economic Challenges
In a bid to address the economic challenges exacerbated by global shocks and a domestic slowdown, Kenya is implementing austerity measures to rescue its economy. The warning of a looming ...
AGOA Is Cornerstone of U.S. Economic Ties With Africa
The African Growth and Opportunity Act (AGOA) Forum - the decades-old U.S. Congress initiative to build trade ties between the U.S. and African countries, ended in Johannesburg, South Africa on ...
Africa to Become Fastest Growing Region, Outpacing Asia
Africa is now projected to become the fastest growing region globally, outpacing Asia, according to a new report by Mo Ibrahim Foundation. It is reported that six out of the ...
Top 10 Richest Cities in Africa
The report provides a comprehensive review of private wealth in Africa, including trends in high-net-worth individuals, luxury and wealth management, as well as expert insights on investing in Africa, the ...
Opinion: The Impact of Foreign Investment on Developing Economies
By Sangita Soto, Global macroeconomic trends continue shifting towards a "scramble" by the major powers to move towards regions rich in natural resources for their economies. China, in the last ...
AfDB affirms commitment to “closing the gap” in financing for women at UN Food Systems pre-summit
Speaking in Rome during the pre-summit to the 2021 United Nations Food Systems Summit, the Bank’s Vice President for Agriculture, Human and Social Development, Dr. Beth Dunford, stressed that closing ...
