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30-10-2014 22:52:00 | by: Administrator | hits: 22163429 | Tags:

World Bank approves $400m program to support Morocco’s social protection response and reform
04-12-2020 | 07:59:00
The World Bank approved a $400 million program to support Morocco’ social protection system, as part of the kingdom’s sweeping reforms to strengthen its social safety nets.
IFC loans $10m to I&M Bank Rwanda to support SMEs, economic activity and Jobs
04-12-2020 | 07:31:00
IFC announced a loan to I&M Bank Rwanda, to help the bank increase lending to potentially thousands of Small and Medium Sized enterprises in Rwanda, many of which are facing COVID-19-related liquidity challenges.
Société Générale, EIB unlock €10m support for SME investment in Cameroon
19-11-2020 | 11:01:00
Société Générale and the European Investment Bank (EIB) confirmed agreement of a new joint initiative to support economic development across Cameroon.
Ethiopia achieved positive poverty reduction but inequalities persist, report
19-11-2020 | 07:10:00
Over the last two decades, Ethiopia has registered fast economic growth which has led to significant national poverty reduction.
IFC invests in Mali mineral lime producer to boost agribusiness, support mining sectors’ local content
17-11-2020 | 06:28:00
IFC announced an investment in Carrières et Chaux du Mali, to help the company increase production of agricultural lime and quicklime, essential inputs that will strengthen Mali's important agriculture and mining industries.
IFC, Somalia sign agreements to strengthen private sector growth, encourage investment
16-11-2020 | 14:06:00
IFC, a member of the World Bank Group, has signed its first formal agreements with the Federal Government of Somalia to support the country's goal to strengthen its private sector, attract investment, improve public services, and create jobs.
African Energy Chamber expects LNG to prevent massive jobs destruction in Africa
12-11-2020 | 14:07:00
Despite the profound crises of 2020 which have jeopardized hundreds of thousands of jobs across Africa, the African Energy Chamber expects employment to remain strong due to ongoing capital projects sanctioned since 2018.
Eight responsibilities of which a warehouse manager must be aware
05-11-2020 | 15:56:00
A warehouse manager has one of the most challenging jobs around. They have many responsibilities and have to oversee one of the most complex yet critically important aspects of the business.
South Africa's Botshabelo Industrial Park attracts R500m investment due to upgrading
05-11-2020 | 06:49:05
The Free State-based Botshabelo Industrial Park has attracted investments to the tune of more than half-a-billion rand because of the revitalisation programme being rolled out in the park by the Department of Trade, Industry and Competition (the dtic).
[Column] Garsen Naidu: Keeping the hybrid workforce secure, connected and collaborative
03-11-2020 | 08:08:35
As we move towards a post-pandemic world of work, the traditional workplace model will shift to embrace an emergent hybrid workforce of office-based and remote workers.
World Bank supports establishment of Development Bank Ghana to boost access to finance, job creation
02-11-2020 | 06:45:00
The World Bank approved $250 million from the International Development Association (IDA) to support the establishment of the Development Bank of Ghana (DBG) to increase access to long term finance and boost job creation.
[Column] Grace Kamau, Gulraj Grewal: Mental Health: Beyond the Investments – Work from Home or live at work?
30-10-2020 | 06:08:00
While the country is starting to reopen, many organizations are choosing to continue imposing a work from home policy.
Stronger private sector could boost Nigeria’s economic growth, IFC, World Bank report
21-10-2020 | 06:12:00
A new report from IFC and the World Bank focused on the health of Nigeria’s economy finds that a broader private sector-led growth strategy could help Nigeria realize its immense potential by attracting more investment.
Construction work begins for new Ivory Coast Container Terminal
08-10-2020 | 09:16:00
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
Looming cash crisis threatens airlines, IATA
08-10-2020 | 08:47:00
The International Air Transport Association (IATA) warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion/month or $300,000 per minute), despite the restart of operations.
[Column] Nick Durrant: Businesses need to adapt to new disruptive staffing models
08-10-2020 | 07:43:55
Recruiting and staffing have become more complex, technology driven and many businesses view this disruption as a threat. They need to understand that they cannot continue using traditional methods and keep doing things the same old way.
IFC invests in Egyptian private equity fund to support business growth
08-10-2020 | 06:54:07
IFC announced an investment in an Egyptian private equity fund to help improve access to capital for small- and medium-sized companies in the country, supporting their resilience, growth, and ability to create jobs.
United States commits $22.8m to support economic governance, women empowerment in Egypt
08-10-2020 | 06:28:00
The United States, through the USAID and Egypt’s Ministry of International Cooperation signed an agreement to add $22.8 million to the five-year Inclusive Economic Governance bilateral assistance agreement.
Mastercard study highlights the digital divide that needs to be addressed to power gig economy growth in East Africa
06-10-2020 | 07:45:25
Mastercard released a white paper revealing how gig work across East Africa is helping to drive economic growth by facilitating economic opportunities, improving livelihoods, and acting as a buffer against unemployment.
Addressing youth unemployment in Ghana needs urgent action, report
30-09-2020 | 06:47:00
A new World Bank report identifies agribusiness, entrepreneurship, apprenticeship, construction, tourism and sports as key sectors that can offer increased employment opportunities for Ghanaian youth.
Lesotho, IFAD join forces to improve livelihoods of vulnerable small-scale farmers
25-09-2020 | 07:41:00
160,000 poor rural households in Lesotho will benefit from new financing for a project that will boost food security and nutrition, mitigate the impact of climate change and strengthen livelihoods for greater income.
65% of Kenya's workforce already earning less and more than half expecting the pandemic to further affect their income and/or employment, report
21-09-2020 | 07:57:00
A Standard Chartered survey finds that COVID-19 is significantly impacting personal finances globally, with one-third (65% in Kenya) already earning less and more than half expecting the pandemic to further affect their income and/or employment.
[Column] Reem Asaad: The changing face of technology in Africa and the Middle East, how efforts at improving gender equality are making a difference
21-09-2020 | 06:57:00
Among the world’s top 10 global tech giants, women hold just 19% of tech-related jobs. In South Africa this figure amounts to 23%, according to Women in Tech ZA.
USTDA training to support Senegal’s energy sector, expand U.S. exports
14-09-2020 | 09:56:00
The U.S. Trade and Development Agency (USTDA) awarded a grant to Senegal’s national utility - Société Nationale d’Electricité (Senelec) for training that will help bring power to 440,000 people in rural communities using American technology.
DFC approves $3.6 billion of new investments in global development
14-09-2020 | 08:12:00
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
New Tshwane Automotive Special Economic Zone to generate 8,500 jobs in South Africa
11-09-2020 | 07:53:00
More than 8 500 jobs will be created through the Tshwane Automotive Special Economic Zone (TASEZ), and up to 70% of those jobs will go to local residents of Mamelodi and surrounding areas in Pretoria, South Africa.
World Bank provides $75m to mitigate COVID-19 impacts, support recovery in Madagascar
07-09-2020 | 06:38:00
The World Bank approved $75 million development policy operation for Madagascar to mitigate the impact of the COVID-19 crisis.
Africa CDC launches web-based tool to better manage public health emergency workforce deployments
04-09-2020 | 06:17:20
Africa CDC, in partnership with IHR Strengthening Project of Public Health England, launched a web-based tool, AVoHC Net, to facilitate rapid deployment and better administration of a standby workforce for public health emergencies across Africa.
EIB, al Amana Microfinance partner to support micro-enterprises in Morocco
02-09-2020 | 10:04:00
The European Investment Bank (EIB), and al Amana Microfinance announced the signature of a €3 million finance contract supporting access to financing and the development of Moroccan micro-enterprises.
[Column] Nick Durrant: The pros and cons of the work from home revolution
02-09-2020 | 06:34:14
An unforeseen work-from-home revolution has caught many companies by surprise as most employees have now been forced to work from home.
Tackling youth unemployment in Kenya through sustainable waste management
31-08-2020 | 12:32:00
Abdul Said Konde is a youth resident in Tudor informal settlement in Mombasa County. Like thousands of other young people across the country, he is not formally employed and the Covid-19 pandemic has made it even harder to access manual jobs.
[Column] Garsen Naidu: Employee mental health during crisis, the role of leadership
28-08-2020 | 14:23:00
Mental health is said to be a state of well-being in which an individual realizes his or her own abilities, to cope with the normal stresses of life, work productively, and is able to make a contribution to his or her community.
South Africa's GDP will take at least five years to recover from COVID-19 impact, UNDP
26-08-2020 | 07:15:00
South Africa’s overall GDP is expected to decline by at least 5.1 and up to 7.9 percent in 2020 and recover slowly through 2024. This will lead to major setbacks in addressing poverty, unemployment and inequality, according to a new UNDP study.
Impact of COVID-19 on African aviation and economies is worsening, IATA
19-08-2020 | 10:06:00
The International Air Transport Association (IATA) released new data indicating that the impact of COVID-19 on Africa’s aviation industry and economies has worsened sharply since the previous assessment in April.
Sub-Saharan Africa organizations record advancing gender parity in the workforce, Mercer report
18-08-2020 | 13:04:38
According to Mercer’s When Women Thrive 2020, Sub-Saharan Africa Report, key areas such as advancing and retaining female employees have shown some progress over the past few years.
Botshabelo Digital Hub revitalised, ready to enhance job creation in Free State, South Africa
17-08-2020 | 06:58:00
The Botshabelo Digital Hub site has been revitalised and is ready to enhance job creation in the Free State.
WCFCB prepares to cover domestic workers in Zambia
13-08-2020 | 11:52:00
In an effort to cover the informal sector in Zambia, Workers’ Compensation Fund Control Board (WCFCB) has embarked on a programme to extend social protection to the informal economy and domestic workers will be given priority this year.
High Court rules in favour of government to localise production of industrial components in South Africa
06-08-2020 | 10:56:35
The Gauteng High Court ruled in favour of Government in a matter involving procurement conditions applicable to electrical transformers, a judgement that will boost efforts to localise production of key industrial components in South Africa.
EIB, Afreximbank direct €300m of support to African COVID response
06-08-2020 | 06:10:00
The European Investment Bank (EIB) and the Afreximbank are directing €300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic.
[South Africa] Absa PMI for July signals improvement in the manufacturing sector
05-08-2020 | 08:27:00
The Absa Purchasing Managers’ Index (PMI) for July declined slightly compared to the previous month, but continued to signal a further month-on-month improvement for conditions in the manufacturing sector.
[Ghana] COVID-19 forced businesses reduce wages for over 770,000 workers, caused 42,000 layoffs, study
04-08-2020 | 06:35:00
The shock caused by the COVID-19 pandemic has had considerable impacts on Ghanaian businesses, forcing many firms to cut costs by reducing staff hours, cutting wages, and in some cases laying off workers.
COVID-19 raises urgency for structural reforms in South Africa, study
03-08-2020 | 08:59:00
South Africa responded swiftly to the COVID-19 pandemic, but the sharp drop in activity adds to long-standing challenges and raises the urgency for structural reforms, according to a new OECD report.
World Bank approves $40m to support SME investments, economic diversification in Sierra Leone
31-07-2020 | 06:34:00
The World Bank approved a $40 million grant from the International Development Association (IDA) to support investment and growth of Small and Medium Enterprises (SMEs) in non-mining productive sectors.
United States, Kenya launch negotiations towards free trade agreement
28-07-2020 | 09:09:00
The United States Trade Representative and Kenya Cabinet Secretary for Industrialization, Trade, and Enterprise Development formally launched trade agreement negotiations between the United States and the Republic of Kenya.
Trade Pact could boost Africa’s income by $450 billion, World Bank reports
27-07-2020 | 13:54:00
The African Continental Free Trade Area (AfCFTA) represents a major opportunity for countries to boost growth, reduce poverty, and broaden economic inclusion, a new World Bank report has found.
IFC launches program to boost women employment in Egypt
23-07-2020 | 07:41:00
IFC is launching a new advisory program to improve women employment opportunities in Egypt, by highlighting how private sector companies can tap into the country’s large, underutilized female talent pool and spur economic growth.
African Development Bank-funded training builds skills for economy of the future in Ghana, report
22-07-2020 | 05:51:00
A six-year project to develop industrial skills among Ghana’s workforce has improved the engineering and manufacturing skills of young people, promoted economic competitiveness and contributed to an improvement in the quality of life.
EBRD backs Egypt’s largest local currency bond issuance
21-07-2020 | 12:05:00
The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s New Urban Communities Authority in its plans to diversify funding sources by tapping the debt capital market with an investment of €86.5 million.
IFC announces $12m loan for steel plant in Ghana to create jobs, support skills
17-07-2020 | 09:30:00
IFC announced a $12 million loan to Rider Iron and Steel Ghana to support the company’s construction of a steel manufacturing plant that will increase Ghana’s domestic steel production, creating thousands of jobs.
IFC finances One Tech with €23m to create jobs in Morocco and Tunisia
15-07-2020 | 10:24:00
IFC announced it will provide €23 million in financing to Tunisian company One Tech Holding to spur job creation and economic growth in Tunisia and Morocco.
East Africa holds its ground as Africa’s fastest growing region despite COVID-19 disruption, AfDB
13-07-2020 | 06:03:00
Economic disruption caused by the COVID-19 pandemic has pushed East Africa’s growth projection for 2020 down to 1.2 percent, a rate that outstrips other African regions and is forecast to rebound to 3.7 percent in 2021, according to the AfDB.
Centre of Excellence in Rwanda to support African farmers and rural communities
10-07-2020 | 09:36:00
A new African Centre of Excellence for sustainable cooling and cold chain based in Rwanda will help get farmers’ produce to market quickly and efficiently, reducing food waste, boosting profits and creating jobs.
The OPEC Fund finances job creation, boosts self-employment in Egypt
09-07-2020 | 07:33:00
The OPEC Fund for International Development (the OPEC Fund) signed a $95 million loan agreement with Egypt to help create thousands of job opportunities and boost self-employment in the North African country.
[Column] Akesh Lalla: Yes, there’s disruption but also, opportunity
07-07-2020 | 09:38:00
I hear this a lot, “We are in unprecedented times.” Actually, to borrow from author and motivational speaker Simon Sinek, we are not. We have been through tough business situations like this before.
[South Africa] Government commences investigation into the supply of scrap to the metals industry
04-07-2020 | 06:20:00
The Minister forTrade, Industry and Competition issued a trade policy directive to the International Trade Administration Commission of South Africa to urgently look into measures to help support the metals industry.
[Column] Ntombi Mphokane: What will it take to tackle the global skills crisis?
03-07-2020 | 06:44:02
If the World Economic Forum (WEF) is to be believed, then business across the globe could be facing a reskilling emergency.
Delmonte Kenya unveils holding facility to tame spread of coronavirus among employees
01-07-2020 | 08:21:22
Del Monte Kenya Limited has unveiled a six bed isolation room to be used in the event of employees exhibiting Corona virus symptoms before they are referred to the Government health facilities.
World Bank supports jobs, skills development and digital transformation in Ghana
01-07-2020 | 07:20:00
The World Bank approved $315 million from the International Development Association (IDA) to support job creation, skills development and digital transformation in Ghana.
IFC provides €10 million to Tunisian date exporter VACPA
30-06-2020 | 06:46:00
The International Finance Corporation (IFC) is providing €10 million in funding to the Tunisian date processing company VACPA.
Dangote cement sustains 54,000 jobs in 4 African countries, study
22-06-2020 | 14:26:00
The President of Dangote Group said that despite the challenging economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries where the company has its operations.
World Bank approves $100 million to support economic resilience in Sierra Leone
22-06-2020 | 14:04:00
The World Bank approved a $100 million grant from the International Development Association (IDA) to support the Government of Sierra Leone in promoting sustainable and inclusive growth and building economic resilience.
Amazon creates 3,000 new virtual customer service jobs in South Africa
22-06-2020 | 13:08:00
Amazon announced the creation of 3,000 new virtual jobs in Customer Service in South Africa this year.
[Column] Phyllis Wakiaga: Kenya economic recovery is anchored on saving lives and securing livelihoods
16-06-2020 | 07:37:00
The International Labour Organization (ILO) highlights that protection of workers and their families from the risk of infection should be a top priority for all economies at this time.
Global air transport industry losses to top $84 billion in 2020, IATA
10-06-2020 | 12:02:00
The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%.
MultiChoice, YES partner to create youth employment in South Africa
03-06-2020 | 15:10:00
MultiChoice Group (MCG) announces its partnership with the Youth Employment Service (YES) initiative which has resulted in the creation of 400 new job opportunities.
AfDB approves emergency relief aid to tackle food insecurity for vulnerable workers in Egypt
02-06-2020 | 07:35:22
The African Development Bank (AfDB) approved a $500,000 emergency assistance grant to Egypt to provide food relief, and to contribute to restoring the livelihoods of vulnerable populations severely affected by COVID 19.
Covid-19 causes biggest fall in global energy investment in history, report
28-05-2020 | 12:06:00
The Covid-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year from fossil fuels to renewables and efficiency, the IEA said in a new report.
[Column] Pankaj Bhula: Lack of preparedness can have serious consequences for cybersecurity
26-05-2020 | 14:08:00
The current global Coronavirus crisis has exposed many flaws and gaps in the way businesses operate, but what has become glaringly apparent is how organisations are not prepared to handle cybersecurity requirements of a remote workforce.
AUDA-NEPAD, CSIR partnership to accelerate Africa’s transformation agenda
26-05-2020 | 09:05:00
The African Union Development Agency (AUDA-NEPAD) and the Council for Scientific and Industrial Research (CSIR) are strengthening their partnership through formalised technical cooperation to accelerate technology development in Africa.
[Column] Paulo de Matos: What manufacturers can do now to maintain continuity in the new normal
25-05-2020 | 10:14:00
Manufacturers and distributors are operating in intensely pressured times. Stats SA reported that manufacturing output contracted for the ninth consecutive month in February of 2020.
As world’s forests continue to shrink, urgent action is needed to safeguard their biodiversity, UN
25-05-2020 | 07:30:00
Urgent action is needed to safeguard the biodiversity of the world's forests amid alarming rates of deforestation and degradation, according to the latest edition of The State of the World's Forests.
[Ghana] President Akufo-Addo launches Gh¢1 billion cap business support scheme
22-05-2020 | 08:50:00
The President of the Republic of Ghana launched the GH¢1 billion Coronavirus Alleviation Programme Business Support Scheme.
Cargill leverages technology to improve transparency in pursuit of a thriving cocoa sector
20-05-2020 | 08:41:00
The Cargill Cocoa & Chocolate 2018-2019 Sustainability Progress Report has highlighted how Cargill is using technology to connect every dot in the cocoa supply.
Standard Bank South African Future Trust allocation fully subscribed
20-05-2020 | 06:11:00
All the funds totalling R250 million assigned to Standard Bank by the South African Future Trust (SAFT) have been allocated to the employees of qualifying SMMEs, after six weeks of administering the fund.
[South Africa] Vodacom IoT solutions get people back to business safely
19-05-2020 | 07:28:15
As businesses across the country start returning to work, the safety of employees and customers is of paramount importance; Vodacom has created specific digital solutions to support businesses as they navigate their return to work.
[Column] Garsen Naidu: A new remote culture, might just be the DNA for the ‘next normal’
18-05-2020 | 14:34:00
The Covid-19 crisis has, at least temporarily, brought thousands of people to the home office. The question is, what happens after the pandemic? Are companies returning to the old models with only physical presence?
COVID-19 poses formidable threat for fragile states in Middle East, North Africa, IMF
15-05-2020 | 09:39:00
COVID-19 will trigger a sharp drop in household incomes in Middle East and North African (MENA) countries that are fragile and in conflict situations, such as Afghanistan, Djibouti, Iraq, Lebanon, Sudan, and Somalia.
EXIM approves amended financing of U.S. exports to Mozambique LNG project, support more U.S. jobs in additional states
15-05-2020 | 08:40:00
The BOD of the EXIM unanimously voted to amend the agency’s previously approved September 2019 direct loan supporting U.S. exports for the development and construction of an integrated LNG project in Mozambique.
[South Africa] Employers of domestic workers, farm labourers called upon to apply for UIF lockdown benefits
15-05-2020 | 08:02:00
The Department of Employment and Labour is making all efforts to reach domestic workers and farm labourers so that they can benefit from the COVID-19 relief scheme.
COVID-19 to slash global economic output by $8.5 trillion over next two years, WESP
14-05-2020 | 09:35:00
Against the backdrop of a devastating pandemic, the global economy is projected to contract sharply by 3.2 per cent this year, according to the United Nations World Economic Situation and Prospects (WESP) mid-2020 report.
EIB, BDC to provide $100 million to finance SMEs in Egypt
13-05-2020 | 12:55:00
The European Investment Bank (EIB) has signed a financing agreement of $100 million with Banque du Caire (BDC) to finance the investments of Egyptian small and medium enterprises (SMEs) in the manufacturing and services sectors.
[Column] Risha Isaac: How companies can restore employees confidence through health benefits
13-05-2020 | 07:08:00
In light of the coronavirus pandemic, it has become even more critical for organizations to properly manage the impact of a disaster.
World tourism remains at standstill as 100% of countries impose restrictions on travel, UNWTO
12-05-2020 | 06:22:00
New research from the United Nations World Tourism Organization (UNWTO) shows that 100% of global destinations continue to have restrictions on travel in place, and 72% have completely closed their borders to international tourism.
[Column] Garsen Naidu: The new normal calls for leadership with a human touch, virtually
11-05-2020 | 15:20:00
In recent years, working from home has been a perk for some. Suddenly it became an imperative for many, as demand for remote work soared globally in only a few weeks. This has been a profound shift for society at large.
[South Africa] UIF pays R9.5 billion to workers
08-05-2020 | 13:33:00
The Unemployment Insurance Fund (UIF) has disbursed almost R9.5 billion through the COVID-19 Temporary Employer/Employee Relief Scheme (TERS).
International air transport and tourism bodies launch appeal to support African travel, tourism sector
07-05-2020 | 13:27:00
Five international air transport and tourism bodies have launched an appeal to international financial institutions, country development partners and international donors to support Africa’s Travel & Tourism sector.
COVID-19 knocks tax revenue performance in South Africa
07-05-2020 | 06:20:00
The South African Revenue Service says the country’s tax and revenue performance has taken a knock as a result of an ailing economy compounded by the COVID-19 pandemic.
[South Africa] Absa PMI business activity indicator crashes to all-time low, survey
05-05-2020 | 10:14:00
The business activity index of the Absa PMI survey crashed to an all-time low of a mere 5.1 index points in the month of April.
DEG invests in Kenyan local supermarket chain Naivas
01-05-2020 | 14:17:47
DEG, Deutsche Investitions- und Entwicklungsgesellschaft mbH is investing in a Kenyan local supermarket chain, Naivas.
DEG finances production of organic macadamia nuts from Kenya
01-05-2020 | 13:55:00
DEG is providing a loan from the AfricaConnect programme funded by the Federal Ministry for Economic Cooperation and Development (BMZ) to finance the production of organic macadamia nuts from German-Kenyan company, Limbua.
Passenger demand plunges in March as travel restrictions take hold, IATA
01-05-2020 | 09:58:00
The International Air Transport Association (IATA) announced global passenger traffic results for March 2020 showing that demand (measured in total revenue passenger kilometers or RPKs) dived 52.9% compared to the year-ago period.
[South Africa] Sasol to implement additional cash conservation measures amid continued market volatility
30-04-2020 | 14:17:01
Sasol announced that it was implementing additional cash conservation measures to provide a further buffer against short term volatility due to the continued negative impact of COVID-19 on market demand.
Oxfam, partners raise alarm over Somali remittance lifeline
30-04-2020 | 09:17:00
Oxfam International, together with over 100 NGOs, activists, and academics, raised an alarm regarding the plummeting Somali remittances amid the COVID-19 crisis.
100% of global destinations now have COVID-19 travel restrictions, UNWTO
29-04-2020 | 09:08:00
The COVID-19 pandemic has prompted all destinations worldwide to introduce restrictions on travel, research by the World Tourism Organization (UNWTO) has found.
World Bank approves $273 million for West Africa to facilitate access to services for people
29-04-2020 | 06:51:00
The World Bank approved $273 million for Togo, Benin, Burkina Faso and Niger to facilitate access to services for millions of people through the West Africa Unique Identification for Regional Integration and Inclusion (WURI) Program.
South Sudan to benefit from World Bank's social safety net
29-04-2020 | 06:38:21
The World Bank approved a $40 million International Development Association grant for South Sudan Safety Net Project (SSSNP) which will expand access to safety net and provide income security for low income South Sudanese.
1.5 million South African workers set to return to work in May
28-04-2020 | 07:22:00
About 1.5 million more South Africans will from 1 May return to work as government begins to lift a fraction of COVID-19 lockdown regulations.
Most commodity prices to drop in 2020 as COVID-19 depresses demand, disrupts supply, World Bank
27-04-2020 | 07:19:00
The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank said in its April Commodity Markets Outlook.
Absa, SAFT partner to administer disbursement of funds to SMME employees in South Africa
22-04-2020 | 08:21:00
Absa has partnered with the South African Future Trust (SAFT) to administer the disbursement of funds to SMME employees whose income will be impacted in the wake of the COVID-19 pandemic.
UNWTO leads call for firm action by governments to support tourism recovery
21-04-2020 | 11:41:00
The Global Tourism Crisis Committee has united behind the World Tourism Organization’s rallying cry for governments to “go beyond words” and begin taking decisive action to safeguard the millions of jobs under threat due to COVID-19.