Economy

Business leaders urge ministers to respect AfCFTA deadline of 1 July

AfCFTC letterThe AU ministerial meeting from 5-6 May is discussing the trade response to COVID-19 and the state of the African Continental Free Trade Agreement (AfCFTA)

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Rural electrification can unlock US$4bn for Ethiopian economy

Ethiopia ATR 27 AprilRural electricity is set to unlock the potential of Ethiopia's economy, according to a report by Rocky Mountain Institute

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Nigeria's inflation inches up in March 2020

bola inflationNigeria’s inflation rate rose to 12.26 per cent in March 2020 from 12.20 per cent in February and 12.3 per cent and January 2020, maintaining a consistent rise for eight months

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Africa mobilising to minimise losses as COVID-19 continues

Africa UN covid crisisThe UN secretary-general António Guterres has pledged that the international organisation is standing in solidarity with Africa as it braces against the unprecedented economic, social and health impacts of the COVID-19 pandemic

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African Union and African private sector launch COVID-19 Response Fund

africa covid fund privateAhead of an expected surge in cases of COVID-19 in Africa, the African Union and the Africa Centres for Disease Control and Prevention (Africa CDC) have launched a public-private partnership with the AfroChampions Initiative, known as the Africa COVID-19 Response Fund

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