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30-10-2014 23:52:00 | by: Administrator | hits: 27011597 | Tags:

[Column] Agnes Kalibata: Urgent action and leadership critical for climate wins
01-12-2023 | 13:52:00
Climate change stands as a threat to the foundations of our global food systems, unrivalled in its scope and impact. Today, soaring temperatures, shifting weather patterns, and extreme weather are adversely affecting our ability to feed ourselves, demanding urgent solutions.
[Column] Givemore T. Chiwanza: How has the Russia-Ukraine crisis affected Africa?
14-03-2023 | 14:56:52
This Ukraine crisis escalated on 24 February 2022 and has tremendously impacted the global socio-economic terrain. The situation has and will continue to affect the African continent's financial system and food and energy security.
[East Africa Business Week] Bob Koigi: Scaling startups’ investment in the region
14-03-2023 | 14:56:50
As startups successfully raise funding, they are boosting their product and service portfolio while setting sight on the East African region for expansion. This
[East Africa Business Week] Bob Koigi: Cushioning food systems from shocks
14-03-2023 | 14:56:37
This week, thousands of delegates across the continent and beyond are gathered in Kigali, Rwanda for the African Green Revolution Forum, AGRF, an annual event bringing governments and partners together around food security and making safe, nutritious foods produced in a sustainable way available to all Africans.
[East Africa Business Week] Bob Koigi: Region bets on bioeconomy to bolster growth
14-03-2023 | 14:56:21
Among the key interventions proposed in the strategy is the creation of new forms of sustainable bioenergy, and the conversion of waste materials to useful products.
[Nigeria Business Week] Andrea Ayemoba: Gas price triggers ripple effect across industries
14-03-2023 | 14:56:20
Nigeria’s inflation as of the month of May stood at 17.71%, but economists are now predicting just a month later a new figure we can expect at the end of this year.
[Nigeria Business Week] Andrea Ayemoba: Government, Industries move to expand women enterprise
14-03-2023 | 14:56:16
With plunging profits in its prized sector, oil and gas, and an ever-climbing inflation, Nigeria is increasingly turning to what most of the world has been blind to – the potential of women in business.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
14-03-2023 | 14:56:11
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
[Nigeria Business Week] Andrea Ayemoba: Telcos break new ground, digital loans gain momentum
14-03-2023 | 14:56:05
Instant loans, sometimes called digital loans, are gaining speed in the country and the telecom sector took some giant steps forward this week.
[Nigeria Business Week] Andrea Ayemoba: Persistent shortages and inflation call for new measures
14-03-2023 | 14:56:04
Africa has in the past decade positioned itself as a knowledge economy, with one of the most robust startup ecosystems in the world.
[Nigeria Business Week] Andrea Ayemoba: Experts point toward startup management for local productivity
14-03-2023 | 14:56:03
Nigeria’s crown jewel, oil and gas, has been in a state of mild disrepair for several months now. There’s an ongoing fuel scarcity situation that is intensifying by the day and causing a ripple effect in every aspect of daily life.
[Nigeria Business Week] Andrea Ayemoba: Domestic savings, capital formation meet infrastructure demands
14-03-2023 | 14:55:59
The Federal Government is taking huge strides to strengthen the infrastructure and agriculture industries in Nigeria.
[East Africa Business Week] Bob Koigi: Financial institutions bank on tech to bolster offerings
14-03-2023 | 14:55:55
East Africa financial institutions are betting on tech to boost their offerings, grow their customers’ portfolio and stay afloat in a competitive market.
[Nigeria Business Week] Andrea Ayemoba: Government, Central Bank turn focus to the startup movement
14-03-2023 | 14:55:53
There’s an ongoing comparison in Nigeria's status quo that is causing some rift – the national statistics and reports are showing a promising and stable economy, but the situation on-ground reflects a different reality.
[Nigeria Business Week] Andrea Ayemoba: 5G becomes national security policy, industries seek sustainability in technology
14-03-2023 | 14:55:51
The one thing the current global pandemic has unilaterally effected in all nations is a rearrangement of priorities, both for people and for governments. Survival elements – food and healthcare – have taken lead position.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
14-03-2023 | 14:55:42
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
Most commodity prices to drop in 2020 as COVID-19 depresses demand, disrupts supply, World Bank
14-03-2023 | 14:54:45
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.
Economic impact of COVID-19 on African cities likely to be acute through a sharp decline in productivity, jobs and revenues, ECA
14-03-2023 | 14:54:43
As part of its analysis to inform COVID-19 policy responses, the ECA is calling for adequate consideration of the vulnerability of city economies.
Perennial rice incorporates African wild rice genes and halves production cost, study
21-11-2022 | 12:50:00
The global population was projected to reach 8 billion by 15 November 2022, according to the UN’s recently-released World Population Prospects 2022.
AIIM-led consortium establishes $150m pan-African cold chain logistics platform to ensure food security
12-10-2022 | 11:04:00
To improve essential temperature-controlled logistics infrastructure in sub-Saharan Africa and ensure food security in the region, AIIM and its investment partners, have established a cold chain logistics platform, Commercial Cold Holdings (CCH).
13 million people facing severe hunger as drought grips the Horn of Africa, WFP reports
08-02-2022 | 10:31:00
The Horn of Africa is experiencing the driest conditions recorded since 1981, with severe drought leaving an estimated 13 million people across Ethiopia, Kenya, and Somalia facing severe hunger in the first quarter of this year.
Kazungula Bridge Project to expand regional integration and trade across southern Africa
18-05-2021 | 22:49:35
The opening of the Kazungula Bridge, linking Botswana and Zambia over the Zambezi River, means travelers no longer need to rely on pontoon boats to cross at this location.
TradeHub partners with IITA to support soybean value chain in Nigeria
23-04-2021 | 16:30:02
IITA BIP will leverage a $300,000 co-investment grant from the Trade Hub to accelerate the production of a new variety of highyielding soybean seed for uptake by commercial seed companies in Nigeria.
Global fisheries and aquaculture hard hit by COVID-19 pandemic, FAO reports
04-02-2021 | 07:50:00
Global fisheries and aquaculture have been hard hit by the COVID-19 pandemic and could face further disruption in 2021 as lockdowns affect supply and demand across the sector, according to a report by the Food and Agriculture Organization (FAO).
Climate finance neglects small-scale farmers, report
13-11-2020 | 14:27:45
Only 1.7 per cent of climate finance , a fraction of what is needed, goes to small-scale farmers in developing countries despite their disproportionate vulnerability to the impacts of climate change.
Stronger private sector could boost Nigeria’s economic growth, IFC, World Bank report
21-10-2020 | 08:12:00
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.
UK donates R50m to Solidarity Fund for projects supporting and promoting women in South Africa
24-09-2020 | 11:09:09
South Africa's Solidarity Fund received R50m grant from the government of the United Kingdom, aimed at extending ongoing efforts to counter the repercussions of COVID-19, focusing specifically on projects supporting and promoting women.
Global and African leaders welcome launch of Global Center on Adaptation (GCA) Africa
17-09-2020 | 08:26:00
The Global Center on Adaptation (GCA) Africa announced the launch of its regional office in Côte d’Ivoire. Hosted by the African Development Bank at its headquarters in the Ivorian capital Abidjan, GCA Africa will work with partners across the continent.
Malawi's new economic analysis forecasts slow growth due to COVID-19, report
24-07-2020 | 10:11:00
Malawi’s three-year trajectory of increasing economic growth has been interrupted by the global COVID-19 (Coronavirus) pandemic, but the full extent of the pandemic’s negative impact is still uncertain as the crisis unfolds, says World Bank.
Sudan, WFP sign agreement on Sudan family support programme
01-06-2020 | 09:05:00
The Government of Sudan and the United Nations World Food Programme (WFP) have signed a Memorandum of Understanding (MoU) to support the government’s Family Support program that will provide Sudanese families direct cash transfers.
Plans underway to assess the impact of data collection on Consumer Price Indices, COMESA
19-05-2020 | 11:24:00
The COMESA Secretariat has embarked on the assessment of the impact of the outbreak of COVID-19 on the Consumer Price Index (CPI) data collection.
COVID-19 poses formidable threat for fragile states in Middle East, North Africa, IMF
15-05-2020 | 11:39:00
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.
JSE, BLSA partner to assist disadvantaged communities in South Africa fight against COVID-19
05-05-2020 | 12:47:00
The Johannesburg Stock Exchange (JSE) and Business Leadership South Africa (BLSA) have partnered and each donated R1 million towards social outreach hygiene hampers and food parcels to assist disadvantaged communities in Gauteng.
UNESCO, agencies issue new guidelines to provide road-map for safe reopening of schools
30-04-2020 | 15:56:00
UNESCO, UNICEF, WFP and the World Bank issued new guidelines on the safe reopening of schools amidst ongoing closures affecting nearly 1.3 billion students worldwide.
Mauritius to set up technical team to review local industrial sector
29-04-2020 | 12:43:00
Mauritius will set up a technical team to conduct a review of the industrial sector in the country, as well as propose recommendations for the consolidation of the local industry.
South Sudan to benefit from World Bank's social safety net
29-04-2020 | 08:38:21
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.
Sanlam donates $2.3 million to support the fight against COVID-I9 pandemic in Africa
22-04-2020 | 10:09:00
Sanlam is donating US$2.3 million to support various initiatives to fight against the spread of the Coronavirus in all the markets that mirrors its business footprint both in Africa and other international markets where it operates.
Ethiopia has made major strides in poverty reduction but disparities, inequality remain, World Bank
17-04-2020 | 08:11:00
Poverty reduction in Ethiopia continued despite adverse climatic conditions, with the share of the population below the national poverty line decreasing from 30% in 2010/11 to 24% in 2015/16, according to a new World Bank poverty assessment.
World Bank approve grants to improve social safety net system in Mauritania
12-03-2020 | 07:41:53
The World Bank approved two grants of total $52 million to support Mauritania to increase the effectiveness and efficiency of the nationwide adaptive social safety net system.
Uganda can create higher labor productivity jobs by improving trade, business environment, World bank
25-02-2020 | 07:23:00
Uganda’s economy needs to gradually create more jobs for its fast-growing and youth population; to accelerate economic growth and drive transformation, these jobs will need to bring higher labor productivity, says a new World Bank report.
National Economic Council welcomes urgent call to halt malnutrition in Nigeria
28-01-2020 | 10:04:00
The National Economic Council (NEC) has welcomed an urgent call from stakeholders to halt malnutrition and related issues in Nigeria.
New study reveals economic toll of malnutrition to the Gambia's economy
28-01-2020 | 08:34:00
The economy of The Gambia is losing 3.96 billion Gambian Dalasi (US$83 million) a year, about 5.1 percent of the country’s annual Gross Domestic Product (GDP) due to the effects of child undernutrition, according to a new study.
Millions of children in the MENA region missing out on education, UNESCO, WFP
28-01-2020 | 07:57:00
The UNESCO Regional Office for Education in the Arab States and the United Nations World Food Programme have said that protracted crises in the MENA region have put 15 million children out of school.
ADF approves grant for disaster risk management training in Zimbabwe
23-01-2020 | 15:11:06
The Board of the African Development Fund (ADF) approved a $685,000 grant to strengthen Zimbabwe’s capacity to manage disaster risks.
Elgon Kenya’s Bimal Kantaria feted for championing modern farming in East Africa
13-01-2020 | 11:15:00
Elgon Kenya’s Director Bimal Kantaria has been recognized with an Honorary Doctorate of Humanities degree for his efforts at promoting the agriculture sector in East Africa.
[Malawi] World Bank economic analysis urges for more investments in nutrition for stronger human capital
12-12-2019 | 12:47:43
Malawi’s high levels of stunting and under-nutrition have led to estimated losses of $597 million per year due to increased healthcare costs and lower labor productivity and will continue to lead to lower wages and lost economic output in the future.
OPEC Fund approves $310m to finance new development projects across the globe
12-12-2019 | 08:05:00
The Governing Board of the OPEC Fund for International Development (the OPEC Fund) has approved US$310 million of new funding to benefit developing countries across the globe.
Act now to avert food shortage, experts challenge Africa
03-12-2019 | 09:07:00
Without changing the approach towards the efforts to end hunger, Africa risks remaining as the only continent struggling with hunger in 2030.
EU allocates €50 million to fight Ebola and malnutrition in DR Congo
03-12-2019 | 07:54:00
The European Commission has announced €50 million to help the most vulnerable people affected by the Ebola epidemic in the Democratic Republic of Congo.

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