Nigeria, Africa’s largest economy, faces fiscal challenges exacerbated by global economic volatility, internal economic reforms, and socio-political pressures. President Bola Tinubu’s recent proposal to the Senate highlights Nigeria’s ongoing efforts.
Nigeria, Africa’s largest oil producer, has been facing two primary issues in its oil economy—pipeline theft and fuel subsidies—undermining the sector’s potential and impacting the nation’s economy. Pipeline theft, often.
In Africa, blue economy has emerged as a vital focus, promoting the sustainable use of ocean resources to drive economic growth, improve livelihoods, and protect marine health. Comprehensive ocean protection.
Africa’s vibrant entertainment sector is gradually receiving financial boosts from Venture capital (VC). VC firms are increasingly recognizing the potential of the continent’s creative industries as their investments reach new.
In June, Egypt’s non-oil private sector showed improvement, buoyed by easing price pressures and increased demand following foreign investments from the UAE and an expanded IMF deal. According to a.
To address economic instability and high levels of unemployment, the Board of Directors of the African Development Fund recently approved a $19.95 million grant for a groundbreaking initiative. This project,.
Global supply chains are the lifeblood of the modern economy, facilitating the movement of goods, services, and capital across borders. Disruptions in these supply chains have deep impacts on economies.
The Italian government has revealed its readiness to embark on a path of operations. A part that is quite different from its regular mode of operation. The Italian Prime minister,.
The economic ties between Africa and Europe are multifaceted. While often portrayed as a one-way street of aid and resources flowing from Europe to Africa, the reality is different. Africa.
In the face of pressing climate challenges, the financial sector has become a key player in guiding the global economy towards sustainability. While traditionally seen as lagging, African banks are.
