Economy

AfDB and development partners propel Somalia back from the brink

Somalia AfDB 11 JuneIn early 2020, Somalia, with support from the United Kingdom Government and the European Union, settled its arrears to the African Development Bank (AfDB), paving the way for the lifting of 30-year old sanctions imposed by the Bank and the resumption of full engagement with the fragile East African country

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Sudan joins UN alliance to drive financial inclusion and transparency

Sudan photo GettyImagesSudan has joined the United Nations-based “Better Than Cash Alliance” and announced commitment to accelerate digital payments, improving financial inclusion and transperancy throughout Sudan's vast territory

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World Bank: Tanzania can seize opportunities to mitigate negative effects of COVID-19

Tanzania World BankNotwithstanding Tanzania’s strong growth performance in 2019, its economy will also suffer the effects of the COVID-19 pandemic and global economic crisis, according to a World Bank report

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Boosting sub-Saharan Africa’s economic growth and jobs

IMF economy ATRSub-Saharan Africa’s policies should focus on increasing agricultural output and strengthening households’ ability to withstand shocks, crucial for reducing inequalities while boosting economic growth and jobs, according to International Monetary Fund (IMF)

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Ecobank and Google to offer digital solutions to African SMEs

google ecobank africa smeEcobank Group has partnered with Google to help African SMEs equip with the necessary digital skills for the rapidly evolving business world

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