Africa’s economy

Continuation of our collection dedicated to the Guinean economic system through the October 18 presidential election. The nation has determined to accumulate biometric identification. Particularly, the previous inflexible paper identification card, which might be simply solid, can be changed by a brand new card containing the biometric info of people. An actual revolution in a rustic the place the…

Because the October 18 presidential election approaches, the Nationwide Financial and Social Inclusion Company (ANIES) has simply launched its money switch program. 150,000 households recognized as "extremely poor" obtain the equal of $ 25 every month to cowl day by day bills. .

Burkina Faso has a factory plant for solar panels. A first in West Africa that confirms the call from this country that is engaged in mastering its entire solar industry. Supported by the government, Faso Energy has just launched its production. The state, which multiplies the creation of solar power plants, places orders for it to support the sector.…

In Côte d'Ivoire, the BJKD Foundation (Bénédicte Janine Kacou Diagou) has just arranged the 3rd edition of its Young Entrepreneurship Award. The winners were announced during a ceremony held in Abidjan on 19 September. In the choice of projects, the BJKD award emphasizes gender parity. And the podium for the 2020 vintage was dominated by women.…

In addition to the Covid-19 pandemic, which is strongly affecting the world economy and the Ivorian economy, there is a risk of socio-political unrest associated with the October 31 presidential election. Many observers fear that the country's economy will pick up after good years of growth and development. Following the 2010-2011 election crisis, Côte d'Ivoire's GDP had lost 4 points. In late…

As South Africa tries to emerge from the economic crisis caused by the pandemic, it is questioning the fate to be reserved for public companies. Many of them have suffered significant losses this year, despite having already had financial difficulties before the crisis. Now they are asking the government to save them, but the country's coffers are already less and less full. Before Parliament, the Ministry of Finance painted a very bleak picture at the beginning of the month: the country's public companies are…