Browsing Tag

Economy

Uganda: tourism recovery threatened by

In Uganda, the recovery of the tourism sector this summer was threatened by the new outbreak of Covid-19 cases in the country. Tourist agencies, which see that their reservations increase for the months of July and August, fear the same situation as last year, when the airports remained closed from March to October 2020. In…

Why are private investors

To equip itself with the most important infrastructures that are so much lacking in development, Africa is turning more and more towards the private sector. Latest example in the Democratic Republic of Congo: Australian metal magnate Andrew Forrest is now portrayed as the future builder of the Inga Mega Pond. A disproportionate…

“They carry heavy luggage ten hours a day”

Saturday 12 June is World Day Against Child Labor, a day organized under the auspices of the UN. Three days ago, Unicef ​​and the International Labor Organization pointed out in a report the increase in the number of children forced to work in the world due to the effects of the pandemic. Children's rights NGOs warn of the physical, health and economic consequences of these forms of exploitation for minors. The majority of them are between 5 and 11 years old. According toa report published by Unicef ​​and the…

Senegal relies on the export of its products

Post-covid revival in Senegal: the government focuses in particular on the agricultural sector, which employs about 60% of the working population. The aim is to strengthen food sovereignty, but also to promote the export of fruit and vegetables produced in Senegal. An ambition was confirmed at the first international agricultural fair in the north held near Saint-Louis (in the north of the country) at…

In Kédougou, young people and students want to

In Kédougou, a landlocked region 700 km from Dakar in southeastern Senegal, young people and students have demonstrated on several occasions in recent weeks. They want to integrate international mining companies that mine gold in their region. An extraction activity that places gold in first place among the exported products, with a 20% increase in exports between 2018 and 2019. Nevertheless, Kédougou…

Unlock the regions’ economic potential for

On May 20, you organized a virtual round table serving on employment, territories and local development in Senegal, discussions that you believe showed the potential for economic transformation of regions that can become a reality when local elected representatives have a vision., A strong commitment and ability to mobilize resources in service of their projects.…

a warning report on the “consequences

In West Africa, Greepeace and Changing Markets condemn the major European companies that produce fishmeal and fish oil, in a report published on June 1, 2021. For the two NGOs, these large companies are increasing food insecurity in West Africa. "Devastating consequences", the words of Greenpeace and Changing Markets are strong…

AFRO, an African attempt to revolutionize

There are over 7,000 cryptocurrencies in the world and just a few dozen in Africa. And yet very few of them are actually used. Among the most promising projects is AFRO, a cryptocurrency launched in 2018 that addresses the Senegalese artist's Mansour Sy Kanakassy's idea. AFRO aims to be a pan-African cryptocurrency and in the service of development. Some countries have already adopted it for specific…

Air Algérie is gradually resuming connections

After almost 15 months without flights between France and Algeria, Air Algérie will reopen its flight connection between Paris and Algiers on Tuesday 1 June. Currently, Algerians in France have to make do with two flights a week, Tuesdays and Thursdays. A partial reopening that frustrates members of the community, sometimes deprived of seeing their families for over a year and a half.…

Africa and cryptocurrency, volatility increases,

For a few weeks now, there has been a panic wind over cryptocurrencies, bitcoin has lost half of its value in a few days and this is not to the delight of millions of savers and speculators on the continent. It is estimated, for example, that 11% of South Africans and 9% of Nigerians own cryptocurrencies. What are the dangers to cryptocurrency holders, especially in Africa? In countries with high inflation in Africa, cryptocurrencies are often seen as a way to preserve the value of savings. In areas that are more stable…

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