Explainer: What options do African nations have to finance climate, nature?
September 4, 2023 At the African Climate Summit this week, national leaders meet to discuss how to fund the challenges posed by climate change and biodiversity loss. Deals worth hundreds…
COVID-19: Burkina Faso, Djibouti, Ethiopia first to get US-donated vaccine deliveries to Africa – Gavi
July 16, 2021 Following close collaboration between the African Union (AU), African Vaccine Acquisition Trust (AVAT), COVAX and the United States Government, AU Member States are set to receive approximately…
COVID-19: African trade finance sees $5bn in portfolio outflows in Q1 2020 but opportunities exist – report
April 23, 2021 Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of 2020, a new continent-wide…
How Illicit financial flows hampers Africans from accessing $13trn investment funds
The Economic Commission for Africa (ECA) has urged member countries to put together, a better transparency package to access 13 trillion dollars of investment that was ready to boost economies,…
COVID-19 would plunge about 27m Africans into extreme poverty – UNECA report
The UN Economic Commission for Africa (UNECA) in a new report on the Coronavirus pandemic says the economic effect of the coronavirus would push close to 27 million people…
COVID-19:Â Africa may lose half of its GDP with growth falling to about 2% – ECA warnsÂ
The Economic Commission for Africa (ECA) has raised an alarm that Africa may lose half of its GDP with growth falling from 3.2 per cent to about 2 per cent due…
Tax Reform, Digitisation Could Result in Savings to Taxpayers, Government of Up to $50bn Yearly By 2020
Africa must digitise its economies, broaden its tax base, prevent further deterioration of fiscal and debt positions, and aim for double-digit growth to achieve the UN 2030 global goals…
African Heads Pledge to Support ABC Health, To Tackle Basic Health Challenges
Tony Elumelu and Dangote Heads of Government in Africa have pledged their supports to the African Business Coalition for Health (ABC Health). ABC Health is a joint initiative…
Aliko Dangote Foundation, UNECA and GBCHealth To Drive Investments To Change The Face of Healthcare in Africa
Top African leaders including Heads of States, Ministers, CEOs as well as representatives from the African Union and United Nations will converge at the inaugural Africa Business:…