Mayor’s Private Sector Conference
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Nigeria push for new currency notes creates crisis
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Nigeria's push to replace the local currency notes with newly designed ones is creating an economic crisis, with the limited cash in circulation hurting many people and businesses across the West African nation.
The Central Bank of Nigeria…
Digital Economy Can Boost Eswatini’s Development and Enhance Service Delivery
News, News ArticleThe digital economy offers Eswatini a range of opportunities to improve economic development and enhance public and private services, highlights a World Bank Digital Economy Diagnostic for Eswatini that launched today. The report provides an…
Tigray set to restart banking services after Ethiopia sends $90m
News, News ArticleThe Ethiopian government said on Saturday it was sending about $90 million to the Tigrayan capital to help restart banking services in the country.
Prime Minister Abiy's national security advisor, Redwan Hussein, announced on Twitter that…
Angola harnesses the potential of its creative industries
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Angola has more than 450 firms operating in the cultural and creative field with an annual turnover of more than $662 million, according to the country’s National Institute of Statistics. But these figures don’t cover informal activities,…
Group Urges Nigerian Government to Adopt ‘Maputo Protocol’, Protect Women, Girls’ Rights for Development
News, News ArticleA non-profit organization (BAOBAB) for Women's Human Rights, has called for the protection and promotion of the rights of women and girls across Nigeria and Africa for rapid development on the continent.
The group’s Director of Programmes,…
Govt To Reopen Kenya-Somalia Border in Mandera
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Plans for the reopening of the Kenya-Somalia border in Mandera are nearing conclusion, with the renovation of the Customs Border Control Point set to begin soon.
This follows a series of high-level consultations between the two countries…
Top 5 economies in Sub-Saharan Africa to watch out for in 2023, according to IMF
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Just when Africa’s economy appeared to be recovering from the COVID-19 pandemic, a range of internal and external shocks struck such as adverse weather conditions, and the Russian invasion of Ukraine – all of which worsened already rapidly…
AfCFTA Trade in Services Regulatory Audit Reports launched
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The AfCFTA Secretariat, in partnership with the World Bank, has carried out Regulatory Audits on Trade in Services for all African countries. The launch of the African Continental Free Trade Area Trade in Services Regulatory Audit Reports…
East African Community inches towards financial integration
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In December, the East African Legislative Assembly (EALA) passed a bill establishing the East African Financial Services Commission (EAFSC), one of the key steps on the road to achieving regional monetary union.
The EAFSC will work…
Momentum builds for free movement under AfCFTA
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Trade experts, business executives, and advocates of the African Continental Free Trade Area (AfCFTA) from across the continent have expressed concerns about the slow progress on the ratification of the Protocol on the movement of people.
The…