Browsing Tag

economic

[Série pont Sénégambie]: the economic downturn in the city of Farafenni (3/3)

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…

Zimbabwe is investing in gold to keep away from financial collapse

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.…

The IMF is sounding the alarm about the economic consequences in Africa

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…

Kenyan president of France to finalize key economic agreements

The Kenyan president arrives in Paris for a five-day visit to France. A business-oriented move. The head of state, accompanied by five ministers, attends a conference for the public investment bank, meets with French employers and signs contracts. Uhuru Kenyatta is accompanied by a strong delegation of ministers and is expected to attend several economic events. A conference at the headquarters of BPI France, the institution responsible for promoting French companies abroad, but also a meeting in Medef, the French…

Ivory Coast: electoral tensions and choice of economic actors

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…

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