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It looks likely that the African Continental Free Trade Area (AfCFTA) will be implemented in the next few weeks. Only 22 African nations need to ratify the AfCFTA before it can be enacted, and thus far, 19 countries have done …
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Almost a year since Robert Mugabe was removed and months since elections, Zimbabwe’s economic crisis continues to deepen. A severe lack of foreign currency has crippled local businesses. Inflation is skyrocketing. And dire shortages of fuel, medical supplies, and other …
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Kenya is among the top 10 wealthiest countries in Africa ranking at position 5 with US$104 billion.
This is according to the latest instalment of the AfrAsia Bank Africa Wealth Report.
South Africa, Egypt, Nigeria and Morocco lead the pack …
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In the aftermath of the Forum on China Africa Cooperation (FOCAC), we must resist the slightest extension of what is true and fake. We must resist the temptation to be swept by a social media frenzy fed on ignorance.
A …
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Many years ago, the brilliant Lucius Banda had a lamenting line in one of his haunting songs, in which he mimics an Asian boast: dziko ndi wanu, ndalama ndi wathu (you, Malawians, own the country but we, Asians, have the …
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Despite immense mineral wealth, Africa’s economic success stories are few. Outside Botswana, Ghana, Mauritius, and Rwanda, economies on the continent have been held back by decades of state interventionism, corruption, petulant government spending, and irresponsible borrowing. National debts have reached …
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As recently as March 2018, the discussion of neither political reforms nor economic liberalization was inconceivable in the Ethiopian political context. The changes both may have been an internal party decision, particularly after the Ethiopian People’s Revolutionary Democratic Front’s (EPRDF’s) …
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Economic diversification and investment-driven growth have continued to make East Africa the region with the strongest economic growth on the continent, the latest report from the Institute of Chartered Accountants in England and Wales (ICAEW) has disclosed.
According to the …
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In many profound ways, Nigerians have voiced their displeasure regarding the direction of the country. Rising food prices, the economic crisis, and the endless political shenanigans are some of the reasons many Nigerians wonder if the nation is destined for …
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A cartel of smugglers in Ghana is making brisk business, stealing fertilizers the government of Ghana is subsidizing and shipping them to neighbouring countries for immediate sale.
The government, in 2017, announced a National Fertilizer Subsidy Programme for farmers amid …
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