Tag : Economies

African News

IMF calls for cautious reopening of Africa

As African countries commence the re-opening of their economies, the International Monetary Fund (IMF) has counselled them to do so cautiously because the pandemic is...
African News AU US

Cyril Ramaphosa calls for end to sanctions against Zimbabwe, Sudan to help fight coronavirus

President Cyril Ramaphosa has again called for the economic bans against Zimbabwe and Sudan to be lifted as the continent grapples with Covid-19 and its...
African News Health UK

Report: Over 300,000 may die of coronavirus in Africa if action is delayed

Without adequate protection, over 300,000 Africans could lose their lives to Coronavirus (COVID-19) due to the continent’s struggling economies, a report by the Economic Commission...
African News AU

African Union appoints special envoys to mobilise international economic support for continental fight against coronavirus

The Chairperson of the African Union, President of the Republic of South Africa His Excellency Cyril Ramaphosa has appointed Dr Ngozi Okonjo-Iweala, Dr Donald Kaberuka,...

World Bank: Sub-Saharan Africa to fall into recession in 2020

The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said...