economic

It is a very rare phenomenon in Gabon. A minister accused of mismanagement has resigned. This is Minister of Economic Affairs and Finance Jean Marie Ogandaga. He was swept away by a scandal called tax breaks for oil companies. as reported from Libreville, Yves-Laurent GomaThe scandal that plagued the minister was revealed on…

Idrissa Seck took over as Head of the Economic, Social and Environmental Council (CESE) on Thursday 19 November during an official ceremony, after being appointed by President Macky Sall on 1 November. The leader of the opposition Rewmi, who came second in the 2019 presidential election, has become the state's third figure and joins the president's majority.…

Within the Democratic Republic of Congo, the authorities try to diversify a nonetheless fragile financial system, which is principally because of the mining sector. To do that, they determined to create six particular financial zones. On November 4, Congolese Prime Minister Sylvestre Ilunga Ilunkamba launched the nation's first pilot "particular financial zone" within the suburbs of the capital…

The last episode of our series of reports dedicated to the Senegambia Bridge that has changed the lives of Gambians and Senegalese for a year. Inaugurated on January 21, 2019, the Sénégambien Bridge stretches across the Gambia River and allows easy connection of southern Senegal to the north. It replaces the old ferry that required waiting long hours before crossing or even several days for truck…

Closed in mid-March as a result of pandemic, the border publish between Tunisia and Libya as soon as once more allowed autos and pedestrians to go on Saturday. Flights between the 2 international locations will resume this Sunday. This opening is a breath of contemporary air for Tunisia, which has been hit arduous by a severe financial disaster.…

In Zimbabwe, the coronavirus disaster has additional depressed an economic system that had already been on its knees for many years. Harare is now investing in gold to begin popping out of the disaster. However even when the yellow steel has gained worth because the pandemic started, it alone will not be sufficient to set off an upward curve in development over time.…

In the Democratic Republic of Congo, the government is trying to diversify the fragile economy, which mainly depends on the mining sector. To do this, the Congolese Prime Minister, Sylvestre Ilunga Ilunkamba, on Wednesday launched the country's first pilot "special economic zone" in the suburbs of the capital Kinshasa.…

Tunisia is undergoing an unprecedented crisis exacerbated by the health crisis. On Tuesday, the head of government drew up an overview of the economic and social situation. Accounts in red, unemployment at the highest level and an emigration of young people to Europe, all elements that Hichem Mechichi intends to rectify. as…

Cyril Ramaphosa introduced his restoration plan on Thursday, October 15, in entrance of each departments in Cape City. Because the nation faces mass unemployment, exacerbated by the coronavirus pandemic, the president intends to proceed his infrastructure funding plan to revive progress. as reported from Johannesburg, Claire…

The International Monetary Fund held a virtual meeting on Friday, October 9, on the impact of coronavirus in Africa in the presence of its CEO Kristalina Georgieva. According to the latter, economic support released in recent months is significant, but it remains insufficient to help the continent emerge from the crisis. According to the IMF chief executive, the institution has already released nearly $ 26 billion this year. This is ten times more than what the IMF releases on average each year for loans. But the needs…